In a diagram, the area of the large square is 1 square unit. two diagonal segments divide the square into four equal-sized trian
gles. Two of these triangles are divided into smaller red and blue triangles that all have the same height and base length. Find the area of the red triangle.
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Answer:
(a) The probability that <em>Y</em>₂₀ exceeds 1000 is 3.91 × 10⁻⁶.
(b) <em>n</em> = 28.09
Step-by-step explanation:
The random variable <em>Y</em>ₙ is defined as the total numbers of dollars paid in <em>n</em> years.
It is provided that <em>Y</em>ₙ can be approximated by a Gaussian distribution, also known as Normal distribution.
The mean and standard deviation of <em>Y</em>ₙ are:
(a)
For <em>n</em> = 20 the mean and standard deviation of <em>Y</em>₂₀ are:
Compute the probability that <em>Y</em>₂₀ exceeds 1000 as follows:
**Use a <em>z </em>table for probability.
Thus, the probability that <em>Y</em>₂₀ exceeds 1000 is 3.91 × 10⁻⁶.
(b)
It is provided that P (<em>Y</em>ₙ > 1000) > 0.99.
The value of <em>z</em> for which P (Z < z) = 0.01 is 2.33.
Compute the value of <em>n</em> as follows:
The last equation is a quadratic equation.
The roots of a quadratic equation are:
a = 16
b = -805.4289
c = 10000
On solving the last equation the value of <em>n</em> = 28.09.