What is meant by the term financial planning?
a. Long-term goals are reached over an extended period of time, so your current income does not affect
them.
b. It is creating a road map of everything you do with your money.
C. It is hoping you will have enough money to pay all your bills on time.
d. If your income exceeds your expenses, you will be able to save money for the future.
Please select the best answer from the choices provided
0
A

Naruto is choosing between two venues that will deliver food to his house. with probability 1/3 he will choose ramen mania (r), and with probability 2/3 he will choose sushi (s). if he chooses r, 15 minutes after making the call, the remaining time it takes the food to arrive is exponentially distributed with average 10 minutes. if he orders s, 10 minutes after making the call, the time it takes the food to arrive is exponentially distributed with an average of 12 minutes. given that he has already waited 25 minutes after calling, and the food has not arrived, what is the probability that he ordered from r? i am really stuck on how to set this up, so if you could be extra clear, that would be super ! in advance