The probability that it rains at most 2 days is 0.00005995233 and the variance is 0.516
<h3>The probability that it rains at most 2 days</h3>
The given parameters are:
- Number of days, n = 7
- Probability that it rains, p = 95%
- Number of days it rains, x = 2 (at most)
The probability that it rains at most 2 days is represented as:
P(x ≤ 2) = P(0) + P(1) + P(2)
Each probability is calculated as:

So, we have:



So, we have:
P(x ≤ 2) =0.00000002097 + 0.00000168821 + 0.00005824315
P(x ≤ 2) = 0.00005995233
Hence, the probability that it rains at most 2 days is 0.00005995233
<h3>The mean</h3>
This is calculated as:
Mean = np
So, we have:
Mean = 7 * 92%
Evaluate
Mean = 6.44
Hence, the mean is 6.44
<h3>The standard deviation</h3>
This is calculated as:
σ = √np(1 - p)
So, we have:
σ = √7 * 92%(1 - 92%)
Evaluate
σ = 0.718
Hence, the standard deviation is 0.718
<h3>The variance</h3>
We have:
σ = 0.718
Square both sides
σ² = 0.718²
Evaluate
σ² = 0.516
This represents the variance
Hence, the variance is 0.516
Read more about normal distribution at:
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Answer:
$1166.08 is the monthly payment for the mortgage per month.
Step-by-step explanation:
The meaning of this stated formula on the statement is the present annuity formula because we will have future monthly payments on the mortgage of the house in which they pay off the present value of the house which is $240000 x 80% = $ 192000 as this amount will excludes the down payment of 20% that is made.
We are given Pv the present value which excludes the down payment $192000.
We have the interest rate i which is 1.2%/12 as it is compounded monthly.
n is the number of payments made over a period which is 12 x 15 years= 180 payments as it is compounded monthly.
no we substitute the above mentioned information to the present value annuity formula stated to calculate R the monthly payment:
Pv = R[(1-(1+i)^-n)/i]
$192000 = R[(1-(1+(1.2%/12))^-180)/ (1.2%/12)] divide both sides by the coefficient of R
$192000/[(1-(1+(1.2%/12))^-180)/(1.2%/12)] = R
$1166.08 =R which this is the amount that will be paid for the mortgage every month for 15 years.
I believe that the answer to your question is 5 + 3 i?
Answer:
D
Step-by-step explanation:
7.04 = 704/100 = 176/25
7.04 = 704%