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mihalych1998 [28]

2 years ago

10

Mini wants to buy a scooter for Rs 62,000 . She has only Rs 19,000 with her, so she decides to take a loan from a bank for the r

emaining amount. The bank offers Mini three loan schemes as shown below. Mini has to return the loan amount with interest in equal monthly instalments
2) Which among the given schemes offers a monthly instalment of less than Rs 5000. ?

a) Scheme A
b) Scheme B
c) Scheme C
d) Both Scheme A and Scheme B

2 answers:

Sindrei [870]2 years ago

6 0

I think scheme c Rs48,000 is the answer

ruslelena [56]2 years ago

5 0

Answer:

Its C, or Scheme C

Step-by-step explanation:

If you do 48000/12 its 4000

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Step-by-step explanation:

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Richard has just been given an l0-question multiple-choice quiz in his history class. Each question has five answers, of which o

myrzilka [38]

Answer:

a) 0.0000001024 probability that he will answer all questions correctly.

b) 0.1074 = 10.74% probability that he will answer all questions incorrectly

c) 0.8926 = 89.26% probability that he will answer at least one of the questions correctly.

d) 0.0328 = 3.28% probability that Richard will answer at least half the questions correctly

Step-by-step explanation:

For each question, there are only two possible outcomes. Either he answers it correctly, or he does not. The probability of answering a question correctly is independent of any other question. This means that we use the binomial probability distribution to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

In which $C_{n,x}$ is the number of different combinations of x objects from a set of n elements, given by the following formula.

$C_{n,x} = \frac{n!}{x!(n-x)!}$

And p is the probability of X happening.

Each question has five answers, of which only one is correct

This means that the probability of correctly answering a question guessing is $p = \frac{1}{5} = 0.2$

10 questions.

This means that $n = 10$

A) What is the probability that he will answer all questions correctly?

This is $P(X = 10)$

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$P(X = 10) = C_{10,10}.(0.2)^{10}.(0.8)^{0} = 0.0000001024$

0.0000001024 probability that he will answer all questions correctly.

B) What is the probability that he will answer all questions incorrectly?

None correctly, so $P(X = 0)$

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$P(X = 0) = C_{10,0}.(0.2)^{0}.(0.8)^{10} = 0.1074$

0.1074 = 10.74% probability that he will answer all questions incorrectly

C) What is the probability that he will answer at least one of the questions correctly?

This is

$P(X \geq 1) = 1 - P(X = 0)$

Since $P(X = 0) = 0.1074$ , from item b.

$P(X \geq 1) = 1 - 0.1074 = 0.8926$

0.8926 = 89.26% probability that he will answer at least one of the questions correctly.

D) What is the probability that Richard will answer at least half the questions correctly?

This is

$P(X \geq 5) = P(X = 5) + P(X = 6) + P(X = 7) + P(X = 8) + P(X = 9) + P(X = 10)$

In which

$P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}$

$P(X = 5) = C_{10,5}.(0.2)^{5}.(0.8)^{5} = 0.0264$

$P(X = 6) = C_{10,6}.(0.2)^{6}.(0.8)^{4} = 0.0055$

$P(X = 7) = C_{10,7}.(0.2)^{7}.(0.8)^{3} = 0.0008$

$P(X = 8) = C_{10,8}.(0.2)^{8}.(0.8)^{2} = 0.0001$

$P(X = 9) = C_{10,9}.(0.2)^{9}.(0.8)^{1} \approx 0$

$P(X = 10) = C_{10,10}.(0.2)^{10}.(0.8)^{0} \approx 0$

So

$P(X \geq 5) = P(X = 5) + P(X = 6) + P(X = 7) + P(X = 8) + P(X = 9) + P(X = 10) = 0.0264 + 0.0055 + 0.0008 + 0.0001 + 0 + 0 = 0.0328$

0.0328 = 3.28% probability that Richard will answer at least half the questions correctly

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