The Answer should be twenty eight 28
Answer:
We know that n = 50 and p =0.78.
We need to check the conditions in order to use the normal approximation.
Since both conditions are satisfied we can use the normal approximation and the distribution for the proportion is given by:
With the following parameters:
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".
Solution to the problem
We know that n = 50 and p =0.78.
We need to check the conditions in order to use the normal approximation.
Since both conditions are satisfied we can use the normal approximation and the distribution for the proportion is given by:
With the following parameters:
Answer:
the action or process of intervening
Step-by-step explanation:
I = PRT
Interest = ?
Principal = $300
Rate = .08
T = 5 years
300(.08)(5) = $120
Interest = $120
So, he pays $300 + $120 in interest = $420
The interest the customer would pay is $318.78.
Interest can be described as the cost of borrowing. It is the amount of money a borrower has to pay to the lender.
Interest = amount borrowed x interest rate
Daily interest = $2,530.16 x 0.42%
$2,530.16 x 0.0042 = 10.63
Monthly interest = 10.63 x 30 = $318.80
To learn more about interest, please check: brainly.com/question/25811386