The response choices should be clear and should not be up for any interpretation.
Increased productivity allows more leisure time, because you are being more productive, you can make the same amount in less time. Increased productivity could affect career opportunities by needing less people to get the same amount of work done.
Answer: 0.7973
Explanation:
Binomial probability formula :-
, where P(x) is the probability of getting success in x trials , p is the probability of success in one trial and n is the number of trials.
Given : The probability of getting a defect components :
If randomly select and test 26 components , then the probability that this whole shipment will be accepted will be :-
Hence, the probability that this whole shipment will be accepted = 0.7973
<span>You are given an initial investment of $300 at 4% interest compounded monthly after 8 years. The solution to this question is shown below.
</span>A(t) = P(1+r/n)^nt
A(8) = 300(1+0.04/12)^12(8)
A(8) = 300(1+0.04/12)^96
A(8) = 300(1.033)^96
A(8) = $412.91