See the attached picture:
Answer:
Step-by-step explanation:
- is the application of probability theory, a branch of mathematics, to statistics, as opposed to techniques for collecting statistical data.
- the study and manipulation of data, including ways to gather, review, analyze, and draw conclusions from data.
"Assuming a fair coin<span> and a fair 6-sided </span>die<span>. </span>Coin<span> has 2 sides with </span>equal probability<span>, 50% each. </span>Die<span> has 6 sides with </span>equal probability<span>, 1/6 odds </span>for<span> each side. ... The</span>probability of getting heads<span> is 1/2, and the </span>probability of getting<span> 5 or 6 is 1/3, and so you simply multiply 1/2 x 1/3, which is 1/6."</span>
Answer:
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
step 1
Find the rate of interest
in this problem we have
substitute in the formula above and solve for r
The rate of interest is 
step 2
Find the sum of money that will amount to 25,500 in 5 years, at the same rate of interest
in this part we have
substitute in the formula above and solve for P