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2 years ago

10

HELP WITH THE BONUS PLEASE!!!!

1 answer:

Juliette [100K]2 years ago

4 0

Based on the stock price and its growth rate, the function that models the situation is 48 (1 + 8%) ^ n. The price of the stock 6 years from now is $76.17.

<h3>What is the best function for the stock's growth?</h3>

The value of a stock in future can be calculated using several types of formulas that take into account the various characteristics of the stock.

For this stock, the value of the stock at any given year is:

= Current price of stock x ( 1 + growth rate) ^ number of years from now

Assuming the number of years is n, the function becomes:

= 48 x ( 1 + 8%) ^n

In 6 years, the price will be:

= 48 x ( 1 + 8%) ⁶

= $76.17

Find out more on stock price growth at brainly.com/question/19338801

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3 years ago

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3 years ago

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Out of a group of 120 students that were surveyed about winter sports 28 said they ski 53 said they snowboard Sixteen of the stu

hjlf

Answer:

P ( snowboard I ski) = 0.5714

Step-by-step explanation:

Conditional Probability

We use the conditional probability formula to solve this question. It is

$P(B|A) = \frac{P(A \cap B)}{P(A)}$

In which

P(B|A) is the probability of event B happening, given that A happened.

$P(A \cap B)$ is the probability of both A and B happening.

P(A) is the probability of A happening.

In this question:

Event A: Ski

Event B: Snowboard.

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This means that $P(A \cap B) = \frac{16}{120} = 0.1333$

P ( snowboard I ski)

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3 years ago

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