Answer:
The turning point of the graph is at (3,-16)
Step-by-step explanation:
The general equation of curve is given as:
y = x² + ax + b
The two point for which the equation satisfies is (0,-7) and (7,0).
Substitute (0,-7) in the general equation:
y = x² + ax + b
-7 = 0² + a(0) + b
b = -7
Substitute (7,0) in the general equation:
y = x² + ax + b
0 = 7² + 7a + b
Where b = -7
0 = 49 + 7a - 7
0 = 42 + 7a
a = -6
The equation of the curve is:
a = -6 and b = -7
y = x² + ax + b
y = x² - 6x - 7
Graph of the equation is attached below.
We can see that the the turning point of the graph is at (3,-16)
Answer:
a
b
Step-by-step explanation:
From the question we are told that
The proportion that has outstanding balance is p = 0.20
The sample size is n = 15
Given that the properties of the binomial distribution apply, for a randomly selected number(X) of credit card
Generally the probability of finding 4 customers in a sample of 15 who have "maxed out" their credit cards is mathematically represented as
=>
Here C stand for combination
=>
Generally the probability that 4 or fewer customers in the sample will have balances at the limit of the credit card is mathematically represented as
=>