Answer:
E 240
Step-by-step explanation:
Geometric Distribution mean = (1- p) / p
16 = (1 - p) / p
16p = 1 - p ; 17p = 1 ; p = 1/17 = 0.058
Standard Deviation = (1 - p) / p^2
= (1 - 0.058) / (0.058)^2
0.942 / 0.003364
= 280 , closest to 240
Answer:
$5820
Step-by-step explanation:
1500*6%=90 per month
90*(48months=4yrs)=4320
1500+4320=5820
Answer:
no it is not the same because you get different answers
