The expected values of the binomial distribution are given as follows:
1. 214.
2. 21.
3. 31.
<h3>What is the binomial probability distribution?</h3>
It is the <u>probability of exactly x successes on n repeated trials, with p probability</u> of a success on each trial.
The expected value of the binomial distribution is:
E(X) = np
For item 1, the parameters are:
p = 3/7, n = 500.
Hence the expected value is:
E(X) = np = 500 x 3/7 = 1500/7 = 214.
For item 2, the parameters are:
p = 0.083, n = 250.
Hence the expected value is:
E(X) = np = 250 x 0.083 = 21.
For item 3, the parameters are:
p = 1/13, n = 400.
Hence the expected value is:
E(X) = np = 400 x 1/13 = 31.
More can be learned about the binomial distribution at brainly.com/question/24863377
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120 barrels x 12 quarts per barrel = 1440 total quarts
1440 quarts / 11 quarts per hour = 130.91 hours to fill all the barrels
1 day = 24 hours
130.91 hours / 24 hours = 5.45 days = 5.5 days
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Step-by-step explanation:
Giving the following information:
Joshua:
Initial investment (PV)= $750
Interest rate (i)= 0.0341/4= 0.008525
Number of periods (n)= 18*4= 72 quarters
Josiah:
Initial investment (PV)= $750
Interest rate (i)= 0.0285
Number of periods (n)= 18 years
To calculate the future value of each one, we need to use the following formula:
FV= PV*(1 + i)^n
Joshua:
FV= 750*(1.008525^72)
FV= $1,381.98
Josiah:
FV= 750*(1.0285^18)
FV= $1,169.74
Due to the difference in the interest rate and the quarterly compounding, Joshua will have $212.24 more than Josiah.
Answer:
B
Step-by-step explanation:
Isolate a
f = m × a
divide m from both sides
f/m = a
