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vodomira [7]
3 years ago
11

An experimental drug is administered to 80 randomly selected​ individuals, with the number of individuals responding favorably r

ecorded.Does the probability experiment represent a binomial​ experiment?
Mathematics
1 answer:
Solnce55 [7]3 years ago
3 0

Answer:

Yes, because the experiment satisfies all the criteria for a binomial experiment.

Step-by-step explanation:

A binomial experiment has the following criterias,

1. There must be a fixed number of trials

2. Each trial is independent of the others

3. There must be only two outcomes  ( success and failure )

4. The probability of each outcome is same.

Given,

An experimental drug is administered to 80 randomly selected​ individuals, with the number of individuals responding favorably recorded,

The number of trials = 80 ( fixed )

Each individuals is independent,

Total outcomes = 2 ( yes or no ),

Also, the probability of each individual is same,

Hence, the given probability experiment represent a binomial​ experiment.

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givi [52]

Answer:

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Step-by-step explanation:

If I invested $500 at 5% simple interest for 2 years, then the interest that I will get will be given by the formula

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Now, if I invest $500 at 3% compound interest compounded monthly for 2 years.

Now, using the formula of compound interest we have

I = P(1 + \frac{r}{n \times 100} )^{tn} - P, where r is the APR and n is the number of times in a year the principal is compounded.

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Therefore, I will invest in simple interest as the interest there is more. (Answer)

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3 years ago
Read 2 more answers
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