The change in the value of an account when given to the nearest dollar ? Identify the set of numbers that best describes .

1 answer:

7 0

When an account is rounded off to its nearest dollar will change based on the place value. For example, the given account of money if $ 56 730, then it will be rounded to its nearest ten thousands. Then the given amount will be rounded to $57,000 in where the given money rounded up and gain up to $300. But if the money will be rounded with its nearest hundreds, the money will become $ 56,700. Notice that the given money rounded down and lost $30 dollars.

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You are to take a multiple-choice exam consisting of 64 questions with 5 possible responses to each question. Suppose that you h

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Answer:

a) Expected score on the exam is 12.8.

b) Variance 10.24, Standard deviation 3.2

Step-by-step explanation:

For each question, there are only two possible outcomes. Either you guesses the answer correctly, or you does not. The probability of guessing the answer of a question correctly is independent of other questions. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

Probability of exactly x sucesses on n repeated trials, with p probability.

The expected value of the binomial distribution is:

$E(X) = np$