4.5 divided by 3 = 1.5 so multiplication problem would be 1.5•3=4.5
Question Continuation
A customer who owns shares in just one fund is to be selected at random.
a. What is the probability that the selected individual owns shares in the balanced fund?
b. What is the probability that the individual owns shares in a bond fund
Answer:
a. 0.08
b. 0.28
Step-by-step explanation:
Given
Money-market 22%
High-risk stock 17%
Short bond 11%
Moderate-risk stock 25%
Intermediate bond 12%
Balanced 8%
Long bond 5%
a. What is the probability that the selected individual owns shares in the balanced fund?
Let P(Balanced) = The probability that the selected individual owns shares in the balanced fund
P(Balanced) is given as 8% from the above table
So, P(Balanced) = 8/100
P(Balanced) = 0.08
b. What is the probability that the individual owns shares in a bond fund
Let P(Bond) = The probability that the individual owns shares in a bund fund
P(Bond) = P(Short Bond) + P(Intermediate Bond) + P(Long Bond)
P(Short Bond) = 11%
P(Intermediate Bond) = 12%
P(Long Bond) = 5%
So, P(Bond) = 11% + 12% + 5%
P(Bond) = 28%
P(Bond) = 0.28
Given inequality is
Now we need to find the graph of .
Which can be done into two parts:
First graph the line then shade the graph for inequality sign
Graph the line
we can plug any number for x say x=0 to find the y-value
4x-8y=9
4*0-8y=9
0-8y=9
-8y=9
y=-1.125
Hence first point is (0,-1.125)
Similarly we can plug y=0 then solve for x
4x-8y=9
4x-8*0=9
4x-0=9
4x=9
x=2.25
hence 2nd point is at (2.25,0)
Now graph both points and join them by a straight line.
Since used inequality is so we use solid line not the dotted line.
Shading the graph:
we can pick any test point which is not on the line 4x-8y=9 say (0,0) then plug into original problem to see if that point satisfies the original problem or not.
Which is TRUE.
TRUE means shade in direction of test point otherwise we graph in opposite direction of test point.
Now final graph will look like the graph attached below:
Answer:
????
Step-by-step explanation:
what slope?