Hi! From what I know, your answer should be 5n = 1.75.
This is because all 5 of those n's ultimately equal the large box of 1.75 on the top. Think of it as fractions. if we replaced 1.75 with 1, those n's would each be 1/5.
Answer:
<u><em>6% decline</em></u>
Step-by-step explanation:
<u>Original stock price</u> = $3.63 + $56.87 = $60.50
<u>Percentage decline</u> = 60.50 - 56.87 / 60.50
= 3.63 / 60.50
= 0.06
= <u><em>6% decline</em></u>
Mike would first have to divid 37 from 12 and he would then find x
Probability can never be greater than 1. Therefore 11.05 is not a possible value for a probability.
