Answer: the normal curve can be used as an approximation to the binomial probability considering the following condition: when the sample is large, in this case n=112
Step-by-step explanation:
for a binomial experiment to be approximated to normal distribution, the following conditions must be present:
i. sample size must be large, in this case sample size is 112
ii. the mean must be equal to np,where n is sample size and p is probability of success
iii. the standard deviation must be equal to npq,where q is the probability of failure
Answer:
Original Value= $361.21
Step-by-step explanation:
Giving the following information:
The value of the savings bond increases by 3% each year. One year after it was purchased, the value of the savings bond was $515.
<u>To calculate the original value of the bond, we need to use the following formula:</u>
OV= PV/(1+i)^n
OV= original value
PV= present value
i= increase rate
n= number of months
OV= 515 / (1,03^12)
OV= $361.21
Answer:
50 i think but i'm not 100 % sure i'm sorry
Step-by-step explanation:
Answer:
n=9
Step-by-step explanation:
-5-4n=-41
+5 +5
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-4n=-36
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-4n/4=-36/-4
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n=9
The answer is 90.95 percent
