Answer:
The probability is 0.20 or 20%
Explanation:
we know that
The probability of an event is the ratio of the size of the event space to the size of the sample space.
The size of the sample space is the total number of possible outcomes
The event space is the number of outcomes in the event you are interested in.
so
Let
x------> size of the event space
y-----> size of the sample space
so
In this problem we have that
Multiple of 5 between 1 and 15 = 5, 10,15
so
Total numbers between 1 and 15=15
so
substitute
Convert to percentage
Answer:
the reserves of the bank are short by 1,000
Explanation:
it could loan up to 5,000 dollars
but because it make a new loan of 6,000
their reserves decreases by 6,000
5,000 - 6,000 = (1,000)
the reserves of the bank are now short by 1,000
the reserve ratio is not used in this calculations as the 6,000 dollar from the loan leave the bank once the check is cleared
<span>The herfindahl-hirschman index is the measure of the percentage market share of each firm summed over the largest 50 firms in a market.
HHI is the measure of market concentration. It is the commonly accepted measure. if H</span>erfindahl-Hirschman index is low and its four firm concentration ratio is low then the market is considered competitive.
Answer:
the value of good increases (goes up)
