Ruby invested $6,200 in an account paying an interest rate of 4.3% compounded continuously. Assuming no deposits or withdrawals
1 answer:
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Answer:
And we can find the individual probabilities using the probability mass function and we got:
And replacing we got:
Step-by-step explanation:
Previous concepts
The binomial distribution is a "DISCRETE probability distribution that summarizes the probability that a value will take one of two independent values under a given set of parameters. The assumptions for the binomial distribution are that there is only one outcome for each trial, each trial has the same probability of success, and each trial is mutually exclusive, or independent of each other".
Let X the random variable of interest, on this case we now that:
The probability mass function for the Binomial distribution is given as:
Where (nCx) means combinatory and it's given by this formula:
Solution to the problem
For this case we want this probability:
And we can use the complement rule and we got:
And we can find the individual probabilities using the probability mass function and we got:
And replacing we got:
Answer:
Train A is faster by a factor of 1.01
Step-by-step explanation:
Given:
Train A:
Distance = 175 Miles
Time = 4 Hours
Train B:
y=43.5x
To Find:
which train travels at a faster rate in by what factor =?
Solution:
The speed of the train A =
The speed of train A =
The speed of train A = 43.75 miles per hour
Speed of the train B is the slope of the given line
The standard equation of the slope of the line is
y = mx+b
where m is the slope
and we are given with
y = 43.5x
So comparing with the standard equation
m = 43.5
Hence the speed of train B is 43.5 miles per hours
Train A travels faster
rate =1.01