Answer: (1st box) = 6 (2nd box) = 2 (3rd box) = 2/3
Step-by-step explanation:
Answer:
a) 0.96
b) 0.016
c) 0.018
d) 0.982
e) x = 2
Step-by-step explanation:
We are given with the Probability density function f(x)= 2/x^3 where x > 1.
<em>Firstly we will calculate the general probability that of P(a < X < b) </em>
P(a < X < b) =
=
=
{ Because
}
=
=
=
=
a) Now P(X < 5) = P(1 < X < 5) {because x > 1 }
Comparing with general probability we get,
P(1 < X < 5) =
=
= 0.96 .
b) P(X > 8) = P(8 < X < ∞) = 1/
- 1/∞ = 1/64 - 0 = 0.016
c) P(6 < X < 10) =
=
= 0.018 .
d) P(x < 6 or X > 10) = P(1 < X < 6) + P(10 < X < ∞)
=
+ (1/
- 1/∞) = 1 - 1/36 + 1/100 + 0 = 0.982
e) We have to find x such that P(X < x) = 0.75 ;
⇒ P(1 < X < x) = 0.75
⇒
= 0.75
⇒
= 1 - 0.75 = 0.25
⇒
=
⇒
= 4 ⇒ x =
Therefore, value of x such that P(X < x) = 0.75 is 2.
Answer:
$13.80
Step-by-step explanation:
23% of 60 = .23 x 60
The formula is
A=p (1+r)^t
A future value?
P present value 160000
R interest rate 0.16
T time 3years
A=160,000×(1+0.16)^(3)
A=249,743.36
Use that future value to find the present value at a rate 8% compounded annually
To find p (present value) solve the formula for p
P=A÷ (1+r)^t
Where r is 0.08
P=249,743.36÷(1+0.08)^(3)
p=198,254.33