That the relationship is nonlinear
Given:
Principal value = 40000
Rate of compounded interest = 20%
Time = 2 years
To find:
The interest.
Solution:
Formula for amount is
Where, P is principal, r is rate of interest and t is time in years.
Putting the given values, we get
Now, the formula for interest is
Therefore, the amount of compound interest is 17,600.
Answer:
0.172 ; 0.0884 ; 0.9115
Step-by-step explanation:
Proportion or those who feel secure, p = 0.45
Sample size, n = 8
Using the binomial distribution formula :
P(x =x) = nCx * p^x * (1 - p)^(n - x)
A.) p(x = 5)
P(x =5) = 8C5 * 0.45^5 * 0.55^3
P(x = 5) = 56 * 0.0184528125 * 0.166375
P(x = 5) = 0.1719248540625
P(x = 5) = 0.172
B.) P(x > 5)
P(x > 5) = P(x = 6) + P(x = 7) + P(x = 8)
P(x > 5) = 0.0703 + 0.0164 + 0.0017
P(x > 5) = 0.0884
C.) P( ≤ 5) = P(x = 0) + P(x = 1) + P(x = 2) + P(x = 3) + P(x = 4) + P(x = 5)
Using the binomial probability calculator to obtain a direct solution :
P( ≤ 5) = 0.9115
Answer:
53.57%
Step-by-step explanation:
We have to calculate first the specific number of events that interest us, if at least 3 are girls, they mean that 2 are boys, therefore we must find the combinations of 3 girls of 5 and 2 boys of 3, and multiply that, so :
# of ways to succeed = 5C3 * 3C2 = 5! / (3! * (5-3)!) * 3! / (2! * (3-2)!)
= 10 * 3 = 30
That is, there are 30 favorable cases, now we must calculate the total number of options, which would be the combination of 5 people from the group of 8.
# of random groups of 5 = 8C5 = 8! / (5! * (8-5)!) = 56
That is to say, in total there are 56 ways, the probability would be the quotient of these two numbers like this:
P (3 girls and 2 boys) = 30/56 = 0.5357
Which means that the probability is 53.57%
