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mote1985 [20]
2 years ago
5

At the start of the month, Stephen’s savings account had a balance of $1,624. He made a $420 withdrawal each week for four weeks

. During that month, he also made two deposits of $600 each and one deposit of $1,000.  What was the balance in Stephen’s account at the end of the month? 
Mathematics
2 answers:
vodomira [7]2 years ago
8 0

Answer:

The answer is $2144.

goldenfox [79]2 years ago
6 0
420 x 4 = 1,680. $1,624 - $1,680 = - $56. $600 x 2 = 1,200 + 1000 = 2,200. This minus the $56 he overdrew = an end of month balance of $2,144.
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For a probability distribution the expected value is the summation of product of probabilities with their respective data values. Let x be the probability that Jackson goes gym for 2 days and y be the probability that he goes gym for 3 days.

For the given case we have following values and their probabilities:

0 : 0.1

2 : x

3 : y

So the expected value will be = 0(0.1) + 2(x) + 3(y)

Expected value is given to be 2.05. So we can write the equation as:

2x + 3y = 2.05 (Equation 1)

Also for a probability distribution, the sum of probabilities must always equal to 1. So we can set up the second equation as:

0.1 + x + y = 1

x + y = 0.9 (Equation 2)

From Equation 2 we can write the value of x to be x = 0.9 - y. Using this value in equation 1, we get:

2(0.9 - y) + 3y = 2.05

1.8 - 2y + 3y = 2.05

1.8 + y = 2.05

y = 0.25

Using the value of y in equation 2 we get value of x to be 0.65

Therefore we can conclude that:

The probability that Jackson goes to gym for 2 days is 0.65 and the probability that he goes to gym for 3 days is 0.25

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