Answer:
0.2684 is the probability that the temperature reading is between 0.50 and 1.75.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 0 degrees
Standard Deviation, σ = 1 degrees
We are given that the distribution of thermometer readings is a bell shaped distribution that is a normal distribution.
Formula:
P(Between 0.50 degrees and 1.75 degrees)
0.2684 is the probability that the temperature reading is between 0.50 and 1.75.
Answer:
The worth of the car after 6 years is £2,134.82
Step-by-step explanation:
The amount at which Dan buys the car, PV = £2200
The rate at which the car depreciates, r = -0.5%
The car's worth, 'FV', in 6 years is given as follows;
Where;
r = The depreciation rate (negative) = -0.5%
FV = The future value of the asset
PV = The present value pf the asset = £2200
n = The number of years (depreciating) = 6
By plugging in the values, we get;
The amount the car will be worth which is its future value, FV after 6 years is FV ≈ £2,134.82 (after rounding to the nearest penny (hundredth))
