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sasho [114]
3 years ago
7

1. Events A and B are dependent, P(A)=20%, P(BIA)=25%. What is P(A and B)?

Mathematics
1 answer:
Blizzard [7]3 years ago
8 0
1. Given that e<span>vents A and B are dependent, P(A)=20%, P(BIA)=25%. What is P(A and B)?
P(BIA)=[P(A and B)]/P(A)
it follows then that:
P(A and B)=P(A)*P(BIA)
P(A)=0.2
P(BIA)=0.25
hence
P(A and B)=0.2*0.25=0.05=5%

2. Given that </span><span> P(A) =12%, P(B)=48% and P(A or B)=50%. What is P(A and B)?
P(A or B)=P(A)+P(B)-P(A and B)
but
P(A)=12%, P(B)=48%, P(A and B)=50%
thus
P(A or B)=12%+48%-50%
simplifying the above we obtain:
P(A or B)=60%-50%=10%

</span>
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The worth of the certificate in 10 years would be $14,512.15

Compound Interest and Its Formula

Compound interest is the type of interest based investment that causes initially modest sums of money to eventually increase to big sums. The formula for compound interest is given by,

A = P(1+\frac{r}{n})^{nt}

Here,

A is the final worth of the investment

P denotes the Principal amount of money that is invested  

r denotes the rate of the compound interest

t denotes the time period in years  

n denotes the number of times interest is compounded in one year

Given Information

P = $8,000

r = 6% = 0.06

n = 4 (∵ Compounded quarterly)

t = 10 years

Solving for A

Substituting the values of P, r, n, and t in the above mentioned formula of compound interest, we get,

A = 8,000(1+\frac{0.06}{4})^{4*10}

A = 8,000(\frac{4.06}{4})^{40}

A = 8,000* 1.8140184

A = 14,512.14726

Rounding the answer to two decimal places, we get,

A = 14,512.15

Therefore, Nazerhy would get $14,512.15 after 10 years.

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brainly.com/question/26457073

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2 years ago
Last years freshman class at big state university totaled 5,305 students of those 1258 received a merit scholarship to help offs
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<h3>Normal Probability Distribution</h3>

The z-score of a measure X of a normally distributed variable with mean \mu and standard deviation \sigma is given by:

Z = \frac{X - \mu}{\sigma}

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The mean and the standard deviation for the amounts are given as follows:

\mu = 3456, \sigma = 478

The proportion is the <u>p-value of Z when X = 4250</u>, hence:

Z = \frac{X - \mu}{\sigma}

Z = \frac{4250 - 3456}{478}

Z = 1.66

Z = 1.66 has a p-value of 0.9515.

Hence 95.15% of students receive a merit scholarship did not receive enough to cover full tuition.

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