Answer:
(E) 0.83
Step-by-step explanation:
We will solve it using conditional probability.
Let A be the event that a TV show is successful.
P(A) = 0.5
A' be event that the show is unsuccessful
P(A') =0.5
Let B be the event that the response was favorable
P(B) = 0.6
Let B' be the event that the response was unfavorable/
P(B') = 0.4
P(A∩B) = 0.5 and P(A∩B') = 0.3
We need to find new show will be successful if it receives a favorable response.
P(A/B) =
= 0.5/0.6
= 0.833
Answer:
Step-by-step explanation:
let me know if you want an explanation
Answer:
$2,226.96
Step-by-step explanation:
You are going to want to use the compound interest formula, which is shown below.
<em>P = initial balance </em>
<em>r = interest rate </em>
<em>n = number of times compounded annually </em>
<em>t = time </em>
<em />
First, change 10% into its decimal form:
10% -> -> 0.1
Now lets plug in the values into the equation:
The final amount after 15 years is $2,226.96