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Inessa [10]
3 years ago
12

George needs money to buy a motor scooter. he borrows $1000 from his favorite aunt who has agreed not to charge him interest. he

agrees to pay $50 per month. in a regression model to represent his outstanding debt, the value of the slope will be $____.
Business
1 answer:
mylen [45]3 years ago
5 0

Answer:

The appropriate solution will be "$50".

Explanation:

The given values are:

Money he borrows

= $1000

Every months he pay

= $50

That would be, whenever his debt seems to be

= $x × 1000

At the end of the month, the amount he should pay is:

= (x\times 1000+x\times 50)

So,

The values of the slope become $50.

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Of all customers purchasing automatic garage door openers, 75% purchase chain-driven model. Let X = the number among the next 15
KIM [24]

Answer:

         P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

Explanation:

The <em>probability mass function</em> (<em>PMF</em>), or <em>frequency function</em>, is the function that gives the probabilities that a <em>discrete random variable</em> take some values.

In this problem, it is requested the frequency function (PMF) for the <em>number of purchasers, among the next 15, who select a chain-driven model</em>.

Then , you need to find, the function that gives P(X=0), P(X=1), P(X=2), P(X=3), . . . up to P(X=15).

Such as any function, the frequency  function can be presented as a formula, as a table, or as a graph.

Note that the statement represents a binomial disbribution in which success is that a customer select a chain-driven model and the fail is that a cusotmer does not select a chain-driven model.

The binomial probability for X = the number among the 15 purchasers who select the chain-driven model is given by the formula:

           P(X=x)=C(n,x)\cdot(p)^x\cdot(1-p)^{(n-x)}

Where:

  •  C(n,x)=\dfrac{n!}{x!(n-x)!}
  •   n is the number of times the experiment is performed: 15 in our problem
  • p is the probability of succes: 0.75 in our problem
  • 1-p is the probability of fail: 0.25 in our problem

Then, substitute:

           P(X=x)=C(15,x)\cdot(0.75)^x\cdot(0.25)^{(15-x)}

That is the frequency function.

If you want to give it as a table you must find P(X=1), P(X=2), P(X=3), . . . up to P(X=15) using that function. That is not part of the question.

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3 years ago
How many free credit reports is a person allowed in one year?
CaHeK987 [17]
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hope this helps
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3 years ago
Fixing your sink is an example of a nonmarket transaction.
svetoff [14.1K]
True it is a non market transaction
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Although Rhode Island used the most paper money to deal with its financial problems, __________ refused to accept this type of c
MariettaO [177]

Although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency and had to pay steep fines for doing so.

<h3>What are merchants?</h3>

Merchants are people and/or institutions aimed at commercializing goods or services.

Merchants need to have paper money of legal use to make transactions during commerce activities.

In conclusion, although Rhode Island used the most paper money to deal with its financial problems, merchants refused to accept this currency.

Learn more about merchants here:

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As per the given information, the examples have been chosen below. Kindly follow through with the details.

Options A, D, and F are the examples that<u> apply</u> to the background of the questions.

<h3>The responses are as follows:
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For more information about the backgrounds, refer below:

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