What is the total amount for an investment of $1,250 invested at 9.6% for 12 years and compounded continuously? ≈ $5006.50 ≈ $61
1 answer:
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The probability that the number of heads obtained from flipping the two fair coins is the same is 35/128.
Probability:
Probability means the fraction of favorable outcome and the total number of outcomes.
So it can be written as,
Probability = Favorable outcomes / Total outcomes
Given,
The coin a is flipped three times and coin b is flipped four times.
Here we need to find the probability that the number of heads obtained from flipping the two fair coins is the same.
We know that,
There are 4 ways that the same number of heads will be obtained;
0, 1, 2, or 3 heads.
The probability of both getting 0 heads is
Probability of getting 1 head,
Probability of getting 2 heads is,
And the probability of getting 3 heads is,
Therefore, the probability that the number of heads obtained from flipping the two fair coins is the same is,
=> (1/128) + (12/128) + (18/128) + (4/128)
=> 35/128.
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