Answer: 16,940 from interest.
Explanation: The cost of it is 28,000 and when you figure out what 5.5% of that is it will come to be 1,540. Next you multiply 1,540 by the 11 years so it would come to 16,940.
Answer: in order to qualify, the time must be at least 15.93 minutes
Step-by-step explanation:
Let x be a random variable representing the average response times of fire departments to fire calls. Since it follows a normal distribution, we will determine the z score by applying the formula,
z = (x - µ)/σ
Where
x = sample mean
µ = population mean
σ = population standard deviation
From the information given,
µ = 12.8 minutes
σ = 3.7 minutes
in order to qualify for the special safety award, the probability value would be to the right of the z score corresponding to 80%
The z score corresponding to 80% on the normal distribution table is 0.845
Therefore,
0.845 = (x - 12.8)/3.7
0.845 × 3.7 = x - 12.8
3.13 = x - 12.8
x = 12.8 + 3.13 = 15.93
Black socks on monday - 3/9 or .33%.
white socks on tuesday - 5/9 or .55%
Explanation: Probability of black socks on Monday:
Total pair of socks: 1 + 3 + 5 = 9
Number of black socks on Monday: 3
3/9 = 1/3 (or divide to get a percentage)
Probability of white socks on Tuesday:
Total pair of socks: 9
Number of white socks on Tuesday: 5
5/9
