Answer:
18 years
Step-by-step explanation:
Rule of 72
(72)/(interest)=years to double
72/4=18
Answer:
Hope this is correct and helpful
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Answer:
0.6988
Step-by-step explanation:
Given that the number of people who use the ATM at night outside your local bank branch can be modeled as a Poisson distribution.
Let X be the number of customers arriving between 10 and 11 am.
X is Poisson with mean= 1.2
Required probability
= the probability that in the hour between 10 and 11 PM at least one customer arrives
= P(X≥1)
=1-P(X=0)
=1-0.3012
= 0.6988
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