Cindi deposited $300 at 7.5% simple interest rate. How much interest will she earn after 5 years?

Mathematics

1 answer:

pav-90 [236]3 years ago

8 0

Answer:

$431

Step-by-step explanation:

using the formula P(1+r/100)^n,

we can substitute the P with $300,

substitute the r with 7.5%,

and substitute the n with 5.

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with the salary cap in the NFL, it is said that on "any given Sunday" any team could beat any other team. If we assume every wee

prohojiy [21]

Answer:

$P(X \geq 1) = 1-P(X$

And we can find the individual probability like this:

$P(X=0) = 16C0 (0.5)^0 (1-0.5)^{16-0} = 0.0000153$

And replacing we got:

$P(X \geq 1) = 1-P(X$

Step-by-step explanation:

Assuming the following question: With the salary cap in the NFL, it is said that on any given Sunday any team could beat any other team. If we assume every week of the 16 week season a team has a 50% chance of winning, what is the probability that a team will have at least 1 win?

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

Let X the random variable of interest, on this case we now that:

$X \sim Binom(n=16, p=0.5)$