Answer:
0.0803 = 8.03% probability that the number who have a high school degree as their highest educational level is exactly 32.
Step-by-step explanation:
For each adult, there are only two possible outcomes. Either they have a high school degree as their highest educational level, or they do not. The probability of an adult having it is independent of any other adult. This means that the binomial probability distribution is used 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.
30.4% of U.S. adults 25 years old or older have a high school degree as their highest educational level.
This means that 
100 such adults
This means that 
Determine the probability that the number who have a high school degree as their highest educational level is a. Exactly 32
This is P(X = 32).
0.0803 = 8.03% probability that the number who have a high school degree as their highest educational level is exactly 32.
Answer:
$7,544.58
Step-by-step explanation:
We will use the compound interest formula provided to solve this:
<em>P = initial balance</em>
<em>r = interest rate (decimal)</em>
<em>n = number of times compounded annually</em>
<em>t = time</em>
<em />
First, change 3.3% into its decimal form:
3.3% -> 
-> 0.033
Since the interest is compounded monthly, we will use 12 for n. Lets plug in the values now:
The balance after 1 year will be $7,544.58
Answer:
110
Step-by-step explanation:
bc it is a right angle it has to ad up to 180
All three series converge, so the answer is D.
The common ratios for each sequence are (I) -1/9, (II) -1/10, and (III) -1/3.
Consider a geometric sequence with the first term <em>a</em> and common ratio |<em>r</em>| < 1. Then the <em>n</em>-th partial sum (the sum of the first <em>n</em> terms) of the sequence is
Multiply both sides by <em>r</em> :
Subtract the latter sum from the first, which eliminates all but the first and last terms:
Solve for 
:
Then as gets arbitrarily large, the term 
will converge to 0, leaving us with
So the given series converge to
(I) -243/(1 + 1/9) = -2187/10
(II) -1.1/(1 + 1/10) = -1
(III) 27/(1 + 1/3) = 18
Answer:
Account Balance = Principal x (1 + interest rate (decimal)) number of years, compounded annually.
Step-by-step explanation:
This is based on the information provided: 2121.80 (1.03)2 = 2000 So, on your initial deposit of 2000, you can collect 121.80 in interest after two years.
