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andriy [413]
3 years ago
6

After 10 years, Hamid's account earned $300 in interest. If the interest rate (in decimal form) is 0.06, how much did Hamid init

ially invest? Without substitution, solve the formula chosen in the previous step for the unknown variable in terms of the known variable(s). I=prt
Mathematics
1 answer:
tester [92]3 years ago
6 0

Answer:

  • p = I/(rt)
  • p = $500

Step-by-step explanation:

To solve the equation I=prt for p, divide by its coefficient, rt. That gives ...

  p = I/(rt)

__

Now, to answer the question, you can substitute the given values for I, r, t and you have ...

  p = $300/(0.06·10) = $500

Hamid initially invested $500.

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Candice ran 1/6 of a lap further than Chris.

Step-by-step explanation:

we know that

To find out how much further Candice runs than Chris, subtract the distance Chris runs from the distance Candice runs

so

\frac{1}{2}-\frac{1}{3}=\frac{3-2}{6}=\frac{1}{6}\ lap

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Candice ran 1/6 of a lap further than Chris.

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What is 4.45 divided by 2x if x is 2
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Find the 11th term of the geometric sequence 1, 4, 16, ...
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In a local​ election, 48,100 people voted. This was an increase of 7​% over the last election. How many people voted in the last
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An automobile manufacturer finds that 1 in every 2500 automobiles produced has a particular manufacturing defect. ​(a) Use a bin
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a) 0.1558 = 15.58% probability of finding 4 cars with the defect in a random sample of 7000 cars.

b) 0.1557 = 15.57% probability of finding 4 cars with the defect in a random sample of 7000 cars. These probabilities are very close, which means that the approximation works.

Step-by-step explanation:

Binomial distribution:

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

Poisson distribution:

In a Poisson distribution, the probability that X represents the number of successes of a random variable is given by the following formula:

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

In which

x is the number of sucesses

e = 2.71828 is the Euler number

\mu is the mean in the given interval.

To use the Poisson approximation for the binomial, we have that:

\mu = np

1 in every 2500 automobiles produced has a particular manufacturing defect.

This means that p = \frac{1}{2500} = 0.0004

a) Use a binomial distribution to find the probability of finding 4 cars with the defect in a random sample of 7000 cars.

This is P(X = 4) when n = 7000. So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 4) = C_{7000,4}.(0.0004)^{4}.(0.9996)^{6996} = 0.1558

0.1558 = 15.58% probability of finding 4 cars with the defect in a random sample of 7000 cars.

(b) The Poisson distribution can be used to approximate the binomial distribution for large values of n and small values of p.

Using the approximation:

\mu = np = 7000*0.0004 = 2.8. So

P(X = x) = \frac{e^{-\mu}*\mu^{x}}{(x)!}

P(X = 4) = \frac{e^{-2.8}*(2.8)^{4}}{(4)!} = 0.1557

0.1557 = 15.57% probability of finding 4 cars with the defect in a random sample of 7000 cars. These probabilities are very close, which means that the approximation works.

6 0
3 years ago
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