Five members of the football team and five members of the track team ran the 100-meter dash. Their times are listed in the table
2 answers:
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<h3>The monthly payment is $242.44 for loan to paid off in 3 years.</h3>
Step-by-step explanation:
The amount borrowed = Principal = $8000
The rate of interest = 7.2%
Time (T) = 3 years
Now, Simple Interest =
So, the total interest = $1728
Now, <u>Amount to be paid = Principal + Interest</u>
⇒ A = $8000 + $1728 = $8728
Also, 1 year = 12 months
⇒ 3 years = 3 x 12 months = 36 months
So, total amount to be paid in 36 months is $8728.
⇒The amount to be paid in 1 month is
Hence, the monthly payment is $242.44 if loan is to paid off in 3 years.
Answer:
Probability that fewer than 2 of these parts are defective is 0.604.
Step-by-step explanation:
We are given that at a certain auto parts manufacturer, the Quality Control division has determined that one of the machines produces defective parts 19% of the time.
A random sample of 7 parts produced by this machine is chosen.
The above situation can be represented through Binomial distribution;
where, n = number of trials (samples) taken = 7 parts
r = number of success = fewer than 2
p = probability of success which in our question is % of defective
parts produced by one of the machine, i.e; 19%
<em>LET X = Number of parts that are defective</em>
<u>So, it means X ~ Binom(n = 7, p = 0.19)</u>
Now, probability that fewer than 2 of these parts are defective is given by = P(X < 2)
P(X < 2) = P(X = 0) + P(X = 1)
=
=
= <u>0.604</u>
<em>Therefore, the probability that fewer than 2 of these parts are defective is 0.604.</em>