Answer: The answer is x = 6.5 or 15/2.
Answer:
D) Yes. The five trials are independent, have only two outcomes, and have the same P(success); n = 5, r = 2, p = 1/6.
Step-by-step explanation:
The Number of boxes = 6
Box containing a prize = 1
Probability of success, p = box containing a price / number of boxes = 1 /6
Number of trials = 5
Probability of success on exactly 2 trials, r = 2
Hence,
P(r = 2) = nCr * p^r * (1-p)^(n-r)
n = 5 ; r = 2 ; p = 1/6
Using a binomial probability calculator :
P(r = 2) = 0.1608
Answer:
Future Value= $112.72
Step-by-step explanation:
Giving the following information:
Initial deposit (PV)= $100
Number of periods (n)= 2*12= 24 months
Interest rate (i)= 0.06/12= 0.005
<u>To calculate the future value (FV), we need to use the following formula:</u>
FV= PV*(1 + i)^n
FV= 100*(1.005^24)
FV= $112.72
Answer:
goodluck
Step-by-step explanation:
