Answer:
They lose about 2.79% in purchasing power.
Step-by-step explanation:
Whenever you're dealing with purchasing power and inflation, you need to carefully define what the reference is for any changes you might be talking about. Here, we take <em>purchasing power at the beginning of the year</em> as the reference. Since we don't know when the 6% year occurred relative to the year in which the saving balance was $200,000, we choose to deal primarily with percentages, rather than dollar amounts.
Each day, the account value is multiplied by (1 + 0.03/365), so at the end of the year the value is multiplied by about
... (1 +0.03/365)^365 ≈ 1.03045326
Something that had a cost of 1 at the beginning of the year will have a cost of 1.06 at the end of the year. A savings account value of 1 at the beginning of the year would purchase one whole item. At the end of the year, the value of the savings account will purchase ...
... 1.03045326 / 1.06 ≈ 0.9721 . . . items
That is, the loss of purchasing power is about ...
... 1 - 0.9721 = 2.79%
_____
If the account value is $200,000 at the beginning of the year in question, then the purchasing power <em>normalized to what it was at the beginning of the year</em> is now $194,425.14, about $5,574.85 less.
Answer:
a) 9%
, not unusual
b) 42.4%
c) 48.4%
d) 11.1%
, 44.4%
, 44.4%
Step-by-step explanation:
We have the following information from the statement:
n = 12
r = 4
a)
P (likebothofthem) = P (likefirstsong) * P (likesecondsong)
P = 4/12 * 3/11
P = 0.09 = 9%
The probability is not unusual, unusual is considered less than 0.05 or 5%
b)
P (likeneither) = P (notlikefirstsong) * P (notlikesecondsong)
P = 8/12 * 7/11
P = 0.424 = 42.4%
c) P (likeexactlyoneofthem) = P (firstsongliked) * P (secondsongnotliked) + P (firstsongnotliked) * P (secondsongliked)
P = (4/12 * 8/11) + (8/12 * 4/11)
P = 0.484 = 48.4%
d)
a)
P (likebothofthem) = P (likefirstsong) * P (likesecondsong)
P = 4/12 * 4/12
P = 0.111 = 11.1%
The probability is not unusual, unusual is considered less than 0.05 or 5%
b)
P (likeneither) = P (notlikefirstsong) * P (notlikesecondsong)
P = 8/12 * 8/12
P = 0.444 = 44.4%
c) P (likeexactlyoneofthem) = P (firstsongliked) * P (secondsongnotliked) + P (firstsongnotliked) * P (secondsongliked)
P = (4/12 * 8/12) + (8/12 * 4/12)
P = 0.444 = 44.4%
Answer: 1
Scotland
Step-by-step explanation:
In the first vote, points are:
France = 15
England = 12 + 16 = 28
Ireland = 19
2nd vote
England = 15
Scotland = 12 + 19 = 31
Ireland = 16
3rd vote
Scotland = 15 + 16 = 31
Ireland = 12
England = 19
4th vote
Ireland = 15
France = 12 + 16 + 19 = 47
At the end of everything
England = 19 + 15 + 28 = 62
France = 15 + 47 = 62
Scotland = 31 + 31 = 62
Ireland = 19 + 16 + 12 + 15 = 62
To find the Condorcet winner, the number of votes for runner over opponent (runner,opponent) is compared with the number of votes for opponent over runner (opponent,runner)
Only Scotland has the highest (31) points twice.
Answer:
yes
Step-by-step explanation:
A parolelogram is a rectangle and some rectangles have 4 right angles