1.
1 answer:
Amount Financed: $2,650
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
Finance Charge: $484.69
Number of Payments: 36
(Finance Charge)/(Amount Financed)*100$=($484.69)/($2,650)*100$
(Finance Charge)/(Amount Financed)*100$=(0.1829)*100$
(Finance Charge)/(Amount Financed)*100$=$18.29
In the row of number of Payments 36, we look for:
(Finance Charge)/(Amount Financed)*100$=$18.29, and we see to which annual porcentage rate it corresponds in the first row
Answer: 11.25%
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Answer: 0.74
Step-by-step explanation:
Given : The probability that the passengers booked for a certain flight actually show up : p=0.80
The number of passengers are randomly selected : n= 9
Binomial probability formula to find the probability of getting success in x trial :-
Then , the probability that more than 6 of them show up will be :-
Hence, the probability that more than 6 of them show up = 0.74
Answer:
And using the cumulative distribution function we got:
The probability that preparation is within 2 minutes of the mean time is 0.134
Step-by-step explanation:
For this case we define the following random variable X= (minutes) for a lab assistant to prepare the equipment for a certain experiment , and the distribution for X is given by:
The cumulative distribution function is given by:
The expected value is given by:
And we want to find the following probability:
And we can find this probability on this way:
And using the cumulative distribution function we got:
The probability that preparation is within 2 minutes of the mean time is 0.134