What is the best compounding period through annuity to pay back a debt of $4500 for college through 4 years?and why? Note:compou
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Answer:
Step-by-step explanation:
Given that a particular detection system has a 0.83 probability of detecting a missile attack.
Also each system is independent of the other to detect missile attack.
a) the probability that a single detection system will detect an attack=
b) the probability that at least one of the systems will detect the attack given two systems= 1-Prob no system detects
=
c) If three systems are installed, the probability that at least one of the systems will detect the attack
= 1- none of the three systems detect attack
d) We find that probability of detecting is more if we increase the system form 1 to 2 and 2 to 3.
Hence for safety and defence purpose multiple detection system is recommended.