The probability of profiting $5.2 million is 5% = 0.05
The probability of profiting $0.9 million is 50% = 0.5
The probability of breaking even, meaning no profit gain, is 45% = 0.45
Expected profit values of the CD is given by
(0.05×5.2) + (0.5×0.9) + (0.45×0) = 0.26+0.45+0 = 0.71 million
Answer:
(a) P(t) = 12100*(1.04^t)
(b) in 2008, estimate of population is 16560 (to the nearest integer)
Step-by-step explanation:
Population in 2000, P(0) = 12100
Growth rate = 4% each year
(a) function model for the t year after 2000 (exponential model)
P(t) = 12100*(1.04^t)
(b) for 2008,
P(2008-2000)
= P(8)
= 12100*(1.04^8)
= 12100 * 1.368569
= 16559.7
= 16560 (nearest integer)
The rate of change of the linear relationship is -1.
Explanation:
It is given that there is a linear relationship between all these points, these points lie on a straight line.
The equation to find the slope passing through two points 
and 
is given by
Substituting the points 
and 
, we get,
Thus, the slope is -1.
Thus, the rate of change of the linear relationship is -1.
<h2>
Answer:</h2>
The conditional statement is:
- If two lines are parallel then they lie in the same plane.
<h2>
Step-by-step explanation:</h2>
We know that a conditional statement is the statement which is written in the form of:
If p then q i.e. p → q
where p is the hypothesis of the statement.
and q is the conclusion of the statement which is based on the hypothesis.
Here we are given a statement as:
Two parallel lines lie in the same plane.
i.e. the hypothesis of the conditional statement is:
Two lines are parallel.
and conclusion is: They will lie in the same plane
( Because if two lines lie in the same plane then we can't conclude that they will be parallel )
