Answer:
1. True
2. False.
3. True.
Step-by-step explanation:
1. The total area within any continuous probability distribution is equal to 1.00: it is true because the maximum probability (value) is one (1), therefore, the total (maximum) area is also one (1).
<em>Hence, for continuous probability distribution: probability = area</em>.
2. For any continuous probability distribution, the probability, P(x), of any value of the random variable, X, can be computed: False because it has an infinite number of possible values, which can not be counted or uncountable.
<em>Hence, it cannot be computed. </em>
3. For any discrete probability distribution, the probability, P(x), of any value of the random variable, X, can be computed: True because it has a finite number of possible values, which are countable or can be counted.
<em>Hence, it can be computed. </em>
Answer:
Original price of car = $20,000
Step-by-step explanation:
Let the original price of the car be 'x' dollars.
Given:
Here, the depreciation of the car is occuring exponentially as the value depreciates to half in every four years.
Worth of car after 8 years = $5000
Value after depreciation in 4 years = Half of original value =
So, value of car after depreciation in another 4 years = Half of the value after 4 years =
Therefore, final depreciated value after 8 years is .
But, as per question, final depreciated value is $5000. Thus,
Therefore, the original price of the car was $20,000.
Gives an output of 1 I think
It is already in simplest form, however it can be written as .5 and 50%.