Complete question :
Wang Yong owes the bank $8500. To repay the debt, he paid a fixed amount back to the bank each month. After 12 months, his remaining debt was $6460. How much did Wang Yong pay each month?
Answer:
$170
Step-by-step explanation:
Given that:
Amount owed = $8500
Fixed amount replayed per month :
Amount left after 12 months = $6460
Amount paid per month :
Total amount paid over 12 months :
$(8500 - 6460) = $2040
Amount paid per month :
$2040 / 12
= $170
Answer:
E(w) = 1600000
v(w) = 240000
Step-by-step explanation:
given data
sequence = 1 million iid (+1 and +2)
probability of transmitting a +1 = 0.4
solution
sequence will be here as
P{Xi = k } = 0.4 for k = +1
0.6 for k = +2
and define is
x1 + x2 + ................ + X1000000
so for expected value for W
E(w) = E( x1 + x2 + ................ + X1000000 ) ......................1
as per the linear probability of expectation
E(w) = 1000000 ( 0.4 × 1 + 0.6 × 2)
E(w) = 1600000
and
for variance of W
v(w) = V ( x1 + x2 + ................ + X1000000 ) ..........................2
v(w) = V x1 + V x2 + ................ + V X1000000
here also same as that xi are i.e d so cov(xi, xj ) = 0 and i ≠ j
so
v(w) = 1000000 ( v(x) )
v(w) = 1000000 ( 0.24)
v(w) = 240000
Answer:
7/21
Step-by-step explanation:
