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marin [14]
3 years ago
14

It is known that 40% of adult workers have a high school diploma. If a random sample of 10 adult workers is selected, what is th

e expected number of adult workers with a high school diploma? (That is, what is E(X)?) Round to the whole number. Do not use decimals. Answer:
Mathematics
1 answer:
Maurinko [17]3 years ago
4 0

Answer:

The expected number of adult workers with a high school diploma is 4.

Step-by-step explanation:

This random variable X can be modeled with the binomial distribution, with parameters n=10 (the sample size) and p=0.4 (the probability that a adult worker have a high school diploma).

The expected value of X is then the mean of the binomial distribution with the parameters already mentioned.

This is calculated as:

E(X)=\mu_b=n\cdot p=10\cdot0.4=4

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Answer:

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Step-by-step explanation:

The formula to be used is given as

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A = final amount = Unknown

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A = $7,000 (1 + 0.04/2)²×³

A = $7,000( 1+ 0.04/2)⁶

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The amount in the account after 3 years = $ 7,883.14

B. Find the interest earned.

To find the interest earned, we use the formula

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I = A - P

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See picture attached.

Step-by-step explanation:

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