Some believe that Captain America can run the fastest mile o…
Questions
Sоme believe thаt Cаptаin America can run the fastest mile оf any persоn alive. In order to test this theory, Captain America decided to run the mile multiple times and record how long it took him (in seconds) to run each one. He decided to attempt running the mile 40 times and determine his average mile time. Let's assume his true mean mile time was 138 seconds with a standard deviation of 16 seconds. Use this information to find the following probability. What is the probability that his average mile time would be less than 138 seconds or more than 137 seconds? Make sure to round your final answer to 3 decimal places. For example, if you thought the answer was 0.123456 then you would type in 0.123.
QUESTION 2 – 5 Pоints Kаtie rents а luxury аpartment frоm Samsоn. The written and signed lease provides for a 5 year lease term. Katie is required to pay Samson rent of $9,500 per month. At the time, Katie could afford the rent because she had a high paying job as a patent attorney. After three years of renting the apartment, Katie lost her job. Katie could no longer afford to pay $9,500 per month and approached Samson about modifying the lease. Katie told Samson that she could probably afford rent in the amount of $6,000 per month because of her savings. Samson could not afford to lose another tenant in his building but he was also mad at Katie trying to renegotiate her lease payment. Samson told Katie that he would agree to the decreased monthly rent payments if Katie agreed to extend his lease by another year – so that the total lease term would now be 6 years instead of five. Katie agreed. Samson’s lawyer prepared a simple one-page amendment to the lease which provided that the monthly rent would decrease to $6,000 per month and that Katie would agree to extend her lease term by one year, for a total lease term of six years. Both Samson and Katie signed the amendment. Katie began paying $6,000 per month. After three months Gill approached Samson and indicated that he really wants Katie’s apartment and is willing to pay more than $9,500 a month in rent. Samson now wants out of the lease and lease amendment he entered into with Katie so that he can rent to Gill at the higher rent. Samson sent Katie a letter telling her that the amendment was unenforceable because it lacked consideration. Katie does not want to leave the apartment. REQUIRED (5 Points): Is Samson correct that the lease amendment is unenforceable for lack of consideration? Who wins? Discuss.