Jazmine needs $30,000 to pay off a loan at the end of 5 years. How much must she deposit monthly into
1 answer:
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Answer:
(a) = 40%
(b) = 28%
(c) Expected value = $222,500
Standard deviation = $7,216.88
Step-by-step explanation:
This is a normal distribution with a = 210,000 and b =235,000
(a) The probability that he will get at least $225,000 for the house is:
(b)The probability he will get less than $217,000 is:
(c) The expected value (E) and the standard deviation (S) are:
Alright, lets get started.
The foreign exchange rate between the japanese yen and the euro is 190:1 given.
It means 1 euro = 190 yen
We are asked to find how many yen will be equal to 10 euros.
Means we need to multiply given euros with 190 because 1 euro = 190 yen
Hence 10 euros yen
10 euros = 1900 yen : Answer
Hope it will help :)
Answer:
0.006% probability that the final vote count is unanimous.
Step-by-step explanation:
For each person, there are only two possible outcomes. Either they vote yes, or they vote no. The probability of a person voting yes or no is independent of any other person. So we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
Random voting:
So 50% of voting yes, 50% no, so
15 members:
This means that
What is the probability that the final vote count is unanimous?
Either all vote no(P(X = 0)) or all vote yes(P(X = 15)). So
In which
So
0.006% probability that the final vote count is unanimous.