To be able to compare the rates, we will write them in fraction form.
The fraction that represents Joe's rate is:
and the fraction that represents Bob's rate is:
Simplifying the above fractions, we get:
Since:
then Bob and Joe did not work at the same rate.
Answer:
No, Bob and Joe did not work at the same rate.
The results of the survey are shown in the table.
It's required to calculate the following probabilities:
a) A customer is neutral
The row labeled as 'Neutral' has a total of 79 customers out of 367 in total.
The required probability is:
b) A customer is a walk-in
The first column labeled as 'Walk-in' has a total of 106 customers out of 367. The required probability is
c) A customer is dissatisfied and a walk-in.
We have to cross the row Dissatisfied with the column Walk-in. The number of customers that have both categories is 22 out of 367.
The required probability is:
d) A customer is very satisfied given he saw a TV ad.
This is a conditional probability, where the total is 111 because is the given condition. The customers that have both characteristics are 33, thus the required probability is:
e) A customer is satisfied or referred.
Total satisfied = 139
Total referred = 150
With both features = 62
Total customers with one or both features: 139 + 150 - 62 = 227
We have to subtract the common feature because it was counted twice.
The required probability is:
Answer:$ 7425.89
Step-by-step explanation:
Formula to find the compound amount ( compounded semiannually) :-
, where P is the principal amount, r is rate of interest ( in decimal), and n is time in years.
Given : P= $7000
r=2.975%=0.02975
Time : n= 2
Then, The amount in account after 2 years:-
Hence, Amount in account after 2 years = $ 7425.89