There are 21 black socks and 9 white socks. Theoretically, the probability of picking a black sock is 21/(21+9) = 21/30 = 0.70 = 70%
Assuming we select any given sock, and then put it back (or replace it with an identical copy), then we should expect about 0.70*10 = 7 black socks out of the 10 we pick from the drawer. If no replacement is made, then the expected sock count will likely be different.
The dot plot shows the data set is
{5, 5, 6, 6, 7, 7, 7, 8, 8, 8}
The middle-most value is between the first two '7's, so the median is (7+7)/2 = 14/2 = 7. This can be thought of as the average expected number of black socks to get based on this simulation. So that's why I consider it a fair number generator because it matches fairly closely with the theoretical expected number of black socks we should get. Again, this is all based on us replacing each sock after a selection is made.
Answer:
1 year: $2060
2 years: $2121.80
3 years: $2185.45
Step-by-step explanation:
Compound interest formula is A = P(1 + 
) where A is the final amount, P is the initial principal balance, r is the interest rate, n is the number of times interest applied per time period, and t is the number of time periods elapsed. In our case, P would be equal to 2000 dollars, r would be equal to 0.03, for 3 percent, and our n value would just be one, so the final equation is:
First, let's evaluate t for 1, as in one year.
= 2000 x 1.03 = 2060
Two years: 2000 * 1.03 squared = 2121.80
Three years: 2000 * 1.03^3 = 2185.45!
Hope this helps!
Answer:
35 I think
Step-by-step explanation:
