Answer:
$199,047.62
Step-by-step explanation:
PV = X(1+i)^nm
X=$209000
i=5% = 0.05
n=1
m=1
Pv=$209000(1+0.05)^-1x1
Pv=$209000(1.05)^-1
Pv=$209000(1/1.05)
Pv=$209000/1.05
Pv=$199,047.62
$199,047.62 is needed to be donated for investment at 5.0% compounded annually rate for a year so as to get $209,000 at end of the year for the purpose of funding the scholarship.
Answer:
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this question, we have that:

What is the probability that a randomly selected airfare between these two cities will be between $325 and $425?
This is the pvalue of Z when X = 425 subtracted by the pvalue of Z when X = 325. So
X = 425



has a pvalue of 0.7088
X = 325



has a pvalue of 0.1814
0.7088 - 0.1814 = 0.5274
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
The highest possible number of inhabitants in that little town are 743.
<h3>What are inhabitant?</h3>
A person or animal that lives in a place is called as the inhabitant.
Suppose there is this little town with a finite number of people: (1) No two inhabitants have exactly the same number of hairs. (2) No inhabitant has exactly 743 hairs or no hairs at all. (3) There are more inhabitants than there are hairs on the head of any inhabitant.
Let say there are 519 people in the town. and make them stand in a line with increasing number of hairs on their heads. This way, there will be a person on the last, who has no hair.
There are more number of people than the hairs. From bald to 742 hairs, 743 is the limit.
Thus, the highest possible number of inhabitants in that little town are 743.
Learn more about inhabitant.
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Answer:
The probability that all 4 units are good is 10.66%.
Step-by-step explanation:
Given that a shipement of 14 microwave ovens contains six defective units, and a vending company has ordered 4 of these units and selection will be random, to determine what is the probability that all 4 units are good the following calculation must be performed:
14 - 6 = 8
8/14 x 8/14 x 8/14 x 8/14 = X
0.5714 x 0.5714 x 0.5714 x 0.5714 = X
0.1066 = X
0.1066 x 100 = 10.66
Therefore, the probability that all 4 units are good is 10.66%.