One interpretation of this problem would be:
The prob. that Jamie both makes money in both bonds and stocks is
(1/20)(0.82), approximately. That comes out to 0.041. This is true onlyl if the two given events are completely independent, which is most likely not the case, because simiilar business climates affect both stocks and bonds.
Answer:
wait few minutes i will try
Answer:
I haven't done expressions in a while but I say the safest bet would be D.
ANSWER
![y=\frac{2}{3}x+\frac{4}{3}](https://tex.z-dn.net/?f=y%3D%5Cfrac%7B2%7D%7B3%7Dx%2B%5Cfrac%7B4%7D%7B3%7D)
EXPLANATION
We want to find the equation of the straight line given on the graph.
The general form of a linear equation is given as:
![y=mx+b](https://tex.z-dn.net/?f=y%3Dmx%2Bb)
where m = slope; b = y-intercept
To find the slope, we apply the formula for slope:
![m=\frac{y_2-y_1}{x_2-x_1}](https://tex.z-dn.net/?f=m%3D%5Cfrac%7By_2-y_1%7D%7Bx_2-x_1%7D)
where (x1, y1) and (x2, y2) are two points on the line
Let us pick (1,2) and (4,4)
Therefore, the slope is:
![m=\frac{4-2}{4-1}=\frac{2}{3}](https://tex.z-dn.net/?f=m%3D%5Cfrac%7B4-2%7D%7B4-1%7D%3D%5Cfrac%7B2%7D%7B3%7D)
To find the equation, we now apply the point-slope formula:
![y-y_1=m(x-x_1)](https://tex.z-dn.net/?f=y-y_1%3Dm%28x-x_1%29)
Therefore, we have that the equation of the line is:
![\begin{gathered} y-2=\frac{2}{3}(x-1) \\ y-2=\frac{2}{3}x-\frac{2}{3} \\ y=\frac{2}{3}x-\frac{2}{3}+2 \\ y=\frac{2}{3}x+\frac{4}{3} \end{gathered}](https://tex.z-dn.net/?f=%5Cbegin%7Bgathered%7D%20y-2%3D%5Cfrac%7B2%7D%7B3%7D%28x-1%29%20%5C%5C%20y-2%3D%5Cfrac%7B2%7D%7B3%7Dx-%5Cfrac%7B2%7D%7B3%7D%20%5C%5C%20y%3D%5Cfrac%7B2%7D%7B3%7Dx-%5Cfrac%7B2%7D%7B3%7D%2B2%20%5C%5C%20y%3D%5Cfrac%7B2%7D%7B3%7Dx%2B%5Cfrac%7B4%7D%7B3%7D%20%5Cend%7Bgathered%7D)
That is the equation of the line.