Answer:
The final balance is $851.11.
The total compound interest is $251.11.
Step-by-step explanation:
Answer:
Slope = -7 and intercept = 2
Step-by-step explanation:
: y = -7x+2
Comparing with y = mx + c
Where m = slope and c = intercept
m = -7 and c = 2
Answer:
The provided statement is not a binomial experiment.
Step-by-step explanation:
Four conditions of a binomial experiment:
There should be fixed number of trials
Each trial is independent with respect to the others
The maximum possible outcomes are two
The probability of each outcome remains constant.
For example:
Binomial distribution: Asking 200 people if they ever visit to new york.
Not Binomial distribution: Asking 200 people how much they earn in a week.
Now, observe the provided information:
We need to determine that, asking 100 people which brand of car they drive is a binomial experiment or not.
Clearly it is not a binomial experiment because the maximum possible outcomes are not two.
Therefore, the provided statement is not a binomial experiment.
