Rhian sat a Maths test and an English test.
2 answers:
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Answer:
When Mary raises the probability that she has a better hand is 0.273
Step-by-step explanation:
In the poker game it is given that the probability that Mary has a better hand than John is 0.04.
Let the event that Mary has a better hand than John be A.
Let the event that that Mary raises the stakes be B.
It is also given that if Mary has a better hand than John then she would raise with a probability of 0.9
Therefore p(B | A) = 0.9
If Mary has a poorer hand she will raise with a probability of 0.1
Therefore p(B | A') = 0.1
Given that Mary raises the probability that she has a better hand is given by
p(A | B)
=
= 0.273
So when Mary raises the probability that she has a better hand is 0.273
Answer:
B. 10 months
Step-by-step explanation:
The balance on the loan will be ...
b = 1600 - 80t . . . . . . where t is the number of months of payments
The balance in the savings account will be ...
s = 500 + 25t
The savings account balance will be at least as much as the loan balance when ...
s ≥ b
500 +25t ≥ 1600 -80t . . . substitute the account balance expressions
105t ≥ 1100 . . . . . . . . . . . . add 80t -500
t ≥ 1100/105 ≈ 10.48 ≈ 10
It will take Josh 10 months to have enough savings to pay the loan in full.
_____
<em>Comment on rounding</em>
IMO, it makes no sense to round down, as Josh will NOT have enough in 10 months. He will have enough after he makes one more payment of $80. At 10 months, the loan balance is $50 more than the savings balance. It will be 11 months before there is enough savings to pay off the loan.
