4. A salesman has a basic salary and, in addition, recelves a commission which is a fixed percentage of his sales volume, when h
1 answer:
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Answer:
$172,984.44
Step-by-step explanation:
We can use the formula
to compute the final amount
Here P is the principal amount, the original deposit = $25,000
r is the annual interest rate = 6.5% = 0.065 in decimal
n is the number of times the compounding takes place. Here it is quarterly so it is 4 times a year
t is the number of time periods ie 30 years
A is the accrued amount ie principal + interest
Computing different components,
Therefore
Answer:
A continuous probability distribution having a rectangular shape, where the probability is evenly distributed over an interval of numbers is a(n) __uniform__________ distribution
Step-by-step explanation:
Given that there is a continuous probability distribution having a rectangular shape, where the probability is evenly distributed over an interval of numbers
Since the pdf is rectangular in shape and total probability is one we can say all values in the interval would be equally likely
Say if the interval is (a,b) P(X) = p the same for all places
Since total probability is 1,
we get integral of P(X)=p(b-a) =1
Or p=
this is nothing but a uniform distribution continuous defined in the interval
A continuous probability distribution having a rectangular shape, where the probability is evenly distributed over an interval of numbers is a(n) __uniform__________ distribution