3. A savings account is started with an initial deposit of $500. The account earns 1.5% interest compounded annually.(a) Write a
1 answer:
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Option a is correct. The calculated answer is 0.150
<h3>How to get the value using the cdf</h3>In order to get P(0.5 ≤ X ≤ 1.5).
This can be rewritten as
p = 0.5
and P = 1.5
We have the equation as
This would be written as
1.5²/16 - 0.5²/16
= 0.1406 - 0.015625
= 0.124975
This is approximately 0.1250
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<h3>complete question</h3>Use the cdf to determine P(0.5 ≤ X ≤ 1.5).
a) 0.1250
b) 0.0339
c) 0.1406
d) 0.0677
e) 0.8750
f) None of the above
This is a simple differentiation problem. Let's start by taking the derivative of both sides (with respect to x):
Simplify:
Solve for dy/dx:
Now, plug in the given points:
Further simplification gives:
So, your answer is 11/23 or B.
Simplify:
Solve for dy/dx:
Now, plug in the given points:
Further simplification gives:
So, your answer is 11/23 or B.