Answer: 0.0241
Step-by-step explanation:
This is solved using the probability distribution formula for random variables where the combination formula for selection is used to determine the probability of these random variables occurring. This formula is denoted by:
P(X=r) = nCr × p^r × q^n-r
Where:
n = number of sampled variable which in this case = 21
r = variable outcome being determined which in this case = 5
p = probability of success of the variable which in this case = 0.31
q= 1- p = 1 - 0.31 = 0.69
P(X=5) = 21C5 × 0.31^5 × 0.69^16
P(X=5) = 0.0241
To figure that out you could do 99 minus 38, which would lead you to your answer 61.
I'm not too sure about this one but if you find 3% of $200 you get 6 and if you multiply that by 2 ( for the 2 years ) you'll get ( A $12 )
