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Elodia [21]
3 years ago
9

Learning the basics 6.23 suppose you select one value from a uniform distribution with a=0and b=10.what is the probability that

the value will be
a. between 5 and 7?
b. between 2 and 3?
c. what is the mean?
d. what is the standard deviation?
Mathematics
1 answer:
IgorC [24]3 years ago
5 0
The area under the graph of the continuous uniform distribution is 1.
a. The probability that the value will be between 5 and 7 is the area between 5 and 7.
P(5 \ \textless \  x \ \textless \  7) = \frac{2}{10} = \frac{1}{5}
b. The probability that the value will be between 2 and 3 is the are between 2 and 3.
P(2 \ \textless \  x \ \textless \  3)=\frac{1}{10} 
c. The mean is given by:
\mu=\frac{a+b}{2}=\frac{0+10}{2}=5
d. The variance is given by:
\sigma^2}=\frac{1}{12}(b-a)^{2}=\frac{1}{12}(10)^{2}=8.3333
The standard deviation is:
\sqrt{\sigma} = \sqrt{8.3333} =2.887


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Suppose you wish to borrow $600 for two weeks and the amount of interest you must pay is $25 per $100 borrowed. What is the APR
Yuliya22 [10]

Answer:

The APR at which the money is borrowed, is approximately 651.79%

Step-by-step explanation:

The amount which one wishes to borrow for two weeks, P = $600

The amount of interest that one must pay back = $25 per $100 borrowed

Therefore;

The total interest on the $600 loan (borrowed) for two weeks = 25/100× $600 = $150

The number of days for which the amount was borrowed = 2 weeks = 14 days

The Annual Percentage Rate, APR is given as follows;

APR = \left (\dfrac{\left (\dfrac{Interest \ Paid \ for \ the  \ Loan \ duration}{The \ amount \ borrowed} \right )}{The \ number \ of \ days \ the \ amount \ was  \ borrowed } \right ) \times 365 \times 100

Therefore, we get

APR = \left (\dfrac{\left (\dfrac{150}{600} \right )}{14 } \right ) \times 365 \times 100  \approx 651.79 \%

The annual rate at which the money is borrowed, APR ≈ 651.79%.

8 0
3 years ago
Solve this equation 4y+228=352
statuscvo [17]
4y + 228 = 352

4y = 352 - 228

4y = 124
---     ----
4        4

------------
| y = 31  |
------------


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Step-by-step explanation:

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