Look at it this way:
When you flip a coin, the probability of it landing with EITHER side showing
is 100%.
This leads us to the rule ...
The sum of the probabilities of
all possible outcomes is 100%.
For a coin: (probability of heads) plus (probability of tails) = 100%.
That just says: We're 100% sure that the coin will land with either
heads or tails up.
An "honest" coin gets heads 50% of the time and tails the other 50%.
But if the coin is all bent and squashed and has a feather stuck to
one side and a wad of gum on the other side so that it comes up
heads 70% of the time, then the coin isn't 'honest'. But it still has to
land EITHER heads OR tails, so the sum of the probabilities is still 100%.
So the probability of heads is 30%.
Answer:
Step-by-step explanation: the answer is you 0,7
Answer:
A = $56,740
Step-by-step explanation:
Use the Compound Amount formula A = P(1 + r)^t. Substitute 0.05 for r and $40,000 for P:
A = $40,000(1 + 0.05)^6
A = $56,740.26, or, rounded off to the nearest dollar,
A = $56,740
