Answer:
The probability that the customer must open 3 or more bottles before finding a prize is 0.64
Step-by-step explanation:
In order for a customer to have to open at least 3 bottles before winning a prize, then the first two bottles shouldnt have a price. The probability that a bottle doesnt have a price is 1-0.2 = 0.8. Since the bottles are independent from each other, then the probability that 2 bottles dont have a prize is 0.8² = 0.64. Therefore, the probability that the customer must open 3 or more bottles before finding a prize is 0.64
Answer: c
Step-by-step explanation:
sampling variability is the difference between the measured value of the random sample and the mean age of the population
So your present value is 7750. this is what you have now. they give you the intesrest rate which is 4% and how the amount of year is 5.
recall the formula for a compounded continously is
P×e^(r×t)
the answer is 7750×e^(.04×5)
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Step-by-step explanation:
