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Katen [24]
3 years ago
10

The fractional reserve banking system depends upon the _________________ of the public.

Mathematics
1 answer:
drek231 [11]3 years ago
6 0

Answer:

The fractional reserve banking system depends upon the <u>confidence and trust</u> of the public.

Step-by-step explanation:

The fractional reserve banking means that bank uses the deposits of customers to lend money to the borrowers.

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A manufacturer of televisions subjects the equipment to a comprehensive testing process for all essential functions before the t
Scorpion4ik [409]

Answer:

The probability is   P(X \le 9) =0.9138

Step-by-step explanation:

From the question we are told that

   The probability of the television passing the test is  p = 0.95

    The sample size is  n  =  10

Generally the comprehensive testing process for all essential functions  follows a binomial distribution  

i.e  

         X  \~ \ \ \  B(n , p)

and the probability distribution function for binomial  distribution is  

      P(X = x) =  ^{n}C_x *  p^x *  (1- p)^{n-x}

Here C stands for combination hence we are going to be making use of the combination function in our calculators      

    Generally the probability that at least 9 pass the test is mathematically represented as

     P(X \le 9) =  P(X = 9) + P(X = 10 )

=>  P(X \le 9) = [^{10}C_9 *  (0.95)^9 *  (1- 0.95)^{10-9}]+ [^{10}C_{10} *  {0.95}^{10} *  (1- 0.95)^{10-10}]

=> P(X \le 9) = [10 *  0.6302  * 0.05 ]+ [1 *0.5987 * 1 ]

=> P(X \le 9) =0.9138

8 0
2 years ago
What is the equation of the line that passes through the points (-3,4) and (6,7)
inn [45]
Y=mx+b, m=(y2-y1)/(x2-x1)

m=(7-4)/(6--3)=3/9=1/3

y=x/3 +b, now use either point to solve for b, I'll use (6,7)

7=6/3 +b

7=2+b

b=5 so our line is:

y=x/3 +5 or more neatly...

y=(x+15)/3
6 0
3 years ago
Read 2 more answers
A house appreciates (grows in value) about 6% each year. If the house is now worth 158,000, in about how many years will it be w
expeople1 [14]
200,000 = 158,000(1.06)^x
Divide both sides by 158,000
1.2658 = 1.06^x
Take the log of both sides and use the power rule to bring down the exponent (x) to the front.
log 1.2658 = x log 1.06
Divide both sides by log 1.06
log (1.2658)/log(1.06) = x
x = 4 years

CHECK
y = 158,000(1.06)^4
y = 199,471.36
8 0
3 years ago
Monday's temperature was 6 degree the low temperature was -3 degree what was the difference between the high and low temperature
maw [93]
The <span>the difference between the high and low temperatures was 9 degrees. </span>
8 0
3 years ago
Read 2 more answers
a derpartment store sell 152 pair of jeans for 29 each. which is the best estimate of the total sales for the jeans
zheka24 [161]

Answer:

44 dollars

Step-by-step explanation:

Since we need to find the total sales, we do 152 * .29, but we are estimating, therefore, instead we can do 150 * .29, which is 43.5. Rounding up we get 44, thus 44 is our answer

5 0
2 years ago
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