Answer:
Pr(X >42) = Pr( Z > -2.344)
= Pr( Z< 2.344) = 0.9905
Step-by-step explanation:
The scenario presented can be modeled by a binomial model;
The probability of success is, p = 0.65
There are n = 80 independent trials
Let X denote the number of drivers that wear a seat belt, then we are to find the probability that X is greater than 42;
Pr(X > 42)
In this case we can use the normal approximation to the binomial model;
mu = n*p = 80(0.65) = 52
sigma^2 = n*p*(1-p) = 18.2
Pr(X >42) = Pr( Z > -2.344)
= Pr( Z< 2.344) = 0.9905
377m total people can drink
<span>The graphs are identical and intersect at infinitely many points.
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Answer:
The investment at the end of the period will be $584.89.
Step-by-step explanation:
FV = PV e⁽ⁿˣ⁾
FV = Future Value = ?
PV = Present Value = $396
n = Interest Rate = 13%
x = time in years = 3
e = mathematical constant = 2.7183
FV = 396 x 2.7183⁽⁰°¹³ ˣ ³⁾
FV = 396 x 1.4770
FV = $584.89
