Using the binomial distribution, it is found that there is a 0.125 = 12.5% probability of observing exactly 3 tails.
<h3>What is the binomial distribution formula?</h3>
The formula is:
The parameters are:
- x is the number of successes.
- n is the number of trials.
- p is the probability of a success on a single trial.
In this problem, considering 3 tosses of a fair coin, the parameters are n = 3 and p = 0.5.
The probability of 3 tails is P(X = 3), hence:
0.125 = 12.5% probability of observing exactly 3 tails.
More can be learned about the binomial distribution at brainly.com/question/24863377
Answer:
The rate of return is 14%
Step-by-step explanation:
The rate of return can be determined by,
RR = x 100%
where:
RR is the rate of return
is the final amount = $690 - $6 = $684
is the initial amount = $15 x 40 = $ 600
So that,
RR = x 100%
= 0.14 x 100%
= 14%
Therefore, the rate of return is 14%.
B is the midpoint which means both sides are equal to each other:
5x = 3x + 4
Subtract 3x from both sides
2x = 4
Divide both sides by 2
X = 2
Answer:
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