Answer:
It's D.
Step-by-step explanation:
The shorter period loan has the same total interest for the same loan amount, so it has the higher effective interest rate: 80/12 is higher than 89/14.
Answer:
$190.50
Step-by-step explanation:
Expected value is the sum of each possible income multiplied by its probability.
There's a 5% chance that the vendor makes $200 and loses $190 (net gain of $10).
There's a 95% chance that the vendor makes $200 and loses $0 (net gain of $200).
So the expected value is:
Exp(RS) = $10 × 0.05 + $200 × 0.95
Exp(RS) = $190.50
Marisa had rounded 3.48 to 4 and times it to 7.33 which she rounded to 8
In fact 3.48 is closer to 3 we know this since the .48 of 3.48 s below .50 if it was .50 or above it would round to 4 but it doesn't the same applies to 7.33 so
it should be 3 x 7 = 21
the answer is 33 because 3+3=6*10-35+2
Given that a parking lot contains 100 cars, k of which happen to be lemons.
This is a conditional probability question.
Let event A be that a car is tested and event B be that a car is lemon.
The probability that a car is lemon is given by

The probability that a car is tested is given by

The probability that a car is lemon and it is tested is given by

For a conditional probability, the probablility of event A given event B is given by:

Therefore, the probability that a car is lemon, given that it is tested is given by.