Answer:
<h3>Percentage change = 19%</h3>
Step-by-step explanation:
Since the new price is lesser than the original price the percentage change will be a decrease.
To find the percentage change use the formula

To find the change subtract the new price from the original price
new price = $199.95
original price = $246.95
Change = $246.95 - $ 199.95 = $47

<h3>Percentage change = 19%</h3>
Hope this helps you
solution:
The probability mass function for binomial distribution is,
Where,
X=0,1,2,3,…..; q=1-p
find the probability that (p∧ ≤ 0.06) , substitute the values of sample units (n) , and the probability of nonconformities (p) in the probability mass function of binomial distribution.
Consider x to be the number of non-conformities. It follows a binomial distribution with n being 50 and p being 0.03. That is,
binomial (50,0.02)
Also, the estimate of the true probability is,
p∧ = x/50
The probability mass function for binomial distribution is,
Where,
X=0,1,2,3,…..; q=1-p
The calculation is obtained as
P(p^ ≤ 0.06) = p(x/20 ≤ 0.06)
= 50cx ₓ (0.03)x ₓ (1-0.03)50-x
= (50c0 ₓ (0.03)0 ₓ (1-0.03)50-0 + 50c1(0.03)1 ₓ (1-0.03)50-1 + 50c2 ₓ (0.03)2 ₓ (1-0.03)50-2 +50c3 ₓ (0.03)3 ₓ (1- 0.03)50-3 )
=( ₓ (0.03)0 ₓ (1-0.03)50-0 + ₓ (0.03)1 ₓ (1-0.03)50-1 + ₓ (0.03)2 ₓ (1-0.03)50-2 ₓ (0.03)3 ₓ (1-0.03)50-3 )
C. $360
$224x4=896 (total profit)
$896 (total) - $536 (first month profit) = $360 (second month profit)
Answer:
Step-by-step explanation:
The equation A = d(1.005)^12t modelling the value of Daniel’s investment shows a monthly compounded interest. This means that the interest is compounded 12 times in a year.
We can confirm by inputting the given values
t = 8 years
d = 509
Therefore,
A = 500(1.005)12 × 8
A = 500(1.005)^96
A = $807.07
Therefore, the true statements are
Increases
Exponential
Never Decrease
<span>The simulations have different theoretical probabilities of a 3-child family having exactly one girl, and the experimental probabilities they generate may differ.</span>