The cash price of the car includes the amount of the loan plus the amount of the down payment
Cash price=the loan of the car+down payment
First find the amount of the loan by using the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r/k)^(-kn))÷(r/k)]
Pv the amount of the loan ?
PMT payment per month 355
R interest rate 0.071
K compounded monthly 12
N time 5years
Pv=355×((1−(1+0.071÷12)^(−12
×5))÷(0.071÷12))
=17,885.56
Cash price=17,885.56+2,500
=20,385.56....answer
Answer:
The probability that none of the LED light bulbs are defective is 0.7374.
Step-by-step explanation:
The complete question is:
What is the probability that none of the LED light bulbs are defective?
Solution:
Let the random variable <em>X</em> represent the number of defective LED light bulbs.
The probability of a LED light bulb being defective is, P (X) = <em>p</em> = 0.03.
A random sample of <em>n</em> = 10 LED light bulbs is selected.
The event of a specific LED light bulb being defective is independent of the other bulbs.
The random variable <em>X</em> thus follows a Binomial distribution with parameters <em>n</em> = 10 and <em>p</em> = 0.03.
The probability mass function of <em>X</em> is:

Compute the probability that none of the LED light bulbs are defective as follows:


Thus, the probability that none of the LED light bulbs are defective is 0.7374.
Answer:
She used the simple random sampling technique because there was no condition attached to the samples she took.
Step-by-step explanation:
we have basically four types of sampling
1.Simple random sampling.
2.Systematic sampling.
3.Stratified sampling.
4.Cluster sampling.
simple Random sampling: is a sampling technique where every item in the population has an even chance and likelihood of being selected in the sample.