<h3>
Answer: P(3) = 0.20</h3>
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Explanation:
The Poisson PDF value is given by the function
P(x) = ( e^(-mu)*mu^x )/(x!)
where the exclamation mark indicates a factorial
In this case, mu = 4, so we can update the equation into
P(x) = ( e^(-4)*4^x )/(x!)
Now plug in x = 3 to finish off the problem
P(x) = ( e^(-4)*4^x )/(x!)
P(3) = ( e^(-4)*4^3 )/(3!)
P(3) = 0.1953668148129
P(3) = 0.20
Note: The 'e' is a special constant which is approximately e = 2.718, similar to how pi = 3.14 is a constant used often.
we are given
investment amount is 2300
so,
it is compounded monthly
so,
n=12
now, we can use formula
now, we can plug values
t=7/12
and we get
now, we can find FV
............Answer
Answer:
Step-by-step explanation:
The variable in an expression, is the symbol that can be substituted for any other number. The coefficient is the number that is being multiplied by that variable. In this case, the variable would be s because any number can be plugged in for that. The coefficient is 20 because that is the number being multiplied by s.
