Answer:
Neither binomial nor normal distribution
Step-by-step explanation:
In binomial distribution Sumner of trials are fixed and there is only two outcomes either success or failure
But in this question there are no fixed trials and outcomes is not proper so this is not a binomial distribution.
In normal distribution there is information of mean and variance which is also not give in the question so it is also nit a normal distribution
So it is neither binomial nor normal distribution
I would first convert the mixed fraction into an improper fraction. To put it lightly, the reciprocal is the numerator and denominator are switched. For this instance it would be 4/37.
Answer:
-30
Step-by-step explanation:
-4b^6 + -24b^6 = -30b^6
Answer:
A) The annual multiplier was 1.0339; the annual increase was 0.0339 of the value.
B) 3.39% per year
C) $182,000
Step-by-step explanation:
A) Let's let t represent years since 1987. Then we can fill in the numbers and solve for r.
165000 = 100000(1 +r)^15
1.65^(1/15) = 1 +r . . . . . divide by 100,000; take the 15th root
1.03394855265 -1 = r ≈ 0.0339
The value was multiplied by about 1.0339 each year.
__
B) The value increased by about 3.39% per year.
__
C) S = $100,000(1.03394855265)^18 ≈ $182,000
