The answer is 151 adult tickets. All you have to do is divide 2416 by 16 and you get 151
Answer:
x
+
2
y
−
9
Step-by-step explanation:
I'm assuming the funds earn 5% yearly?
Call x the amount he saves every year. The first year's deposit will be multiplied by 1.05 three times, the next will be multiplied by 1.05 twice, the third will be multiplied by 1.05 once, and the fourth will not generate interest (as it will immediately be used to buy the car).
Therefore, x(1.05^3+1.05^2+1.05+1)=21000, so 4.31x=21000. Dividing by 4.31, we see that x is approximately equal to 4872.
Y ~ Po (λ)
P(Y < 2) = P(Y ≤ 1) = 0.04
Plug into the pdf for Po(λ), and solve for λ
After that, use your answer to find P(Y > 5)
