Answer:
Step-by-step explanation:
The total number of claim is the sum S of 1250 independent random variables,
each having poisson distribution with mean μ = 2
Since the Variance of poisson distribution is equal to its mean ,
the standard deviation of this is
By the CLT is follow that S is approximately normal with mean 1250*2 =2500
and standard deviation
Hence, the probability to compute is
Answer:
$1445.11
Step-by-step explanation:
The formula to use would be:
Where
F is the future amount (what we want to find)
P is the present (principal) amount (this is 400)
r is the rate of interest, monthly (1.8% or 0.018)
t is the time in months (6 years = 6 * 12 = 72)
Now substituting, we get:
After 6 years, the CD will be worth $1445.11
Answer: A. y = 16 x
B. 8 days
Step-by-step explanation:
A) Here, 16 Fluid ounces of milk is used for breakfast every morning.
In one day the consumption of milk = 16 fluid ounces
In x days the consumption of milk = 16 x fluid ounces
Thus, if y be the total milk in ounces that is used in x days,
The required function,
y = 16 x
B) In 1 day, consumption of milk = 16 ounces
⇒
⇒
⇒
Since, 128 ounces = 1 gallon
⇒
In 8 days, 1 gallon of milk will consumed.
