Answer:
The gambler's fallacy, also known as the Monte Carlo fallacy or the fallacy of the maturity of chances, is the erroneous belief that if a particular event occurs more frequently than normal during the past it is less likely to happen in the future (or vice versa), when it has otherwise been established that the probability of such events does not depend on what has happened in the past. Such events, having the quality of historical independence, are referred to as statistically independent. The fallacy is commonly associated with gambling, where it may be believed, for example, that the next dice roll is more than usually likely to be six because there have recently been fewer than the usual number of sixes.
The term "Monte Carlo fallacy" originates from the best known example of the phenomenon, which occurred in the Monte Carlo Casino in 1913.[1]
Answer:
- Annabella will save $4950.11 after 2 years.
Step-by-step explanation:
<h3>Given</h3>
- Periodic payment P = $200,
- Period t = 2 years,
- Number of compounds, monthly n = 12,
- Interest rate, r = 3.2% = 0.032.
<h3>To find</h3>
- Future value of saving, F
<h3>Solution</h3>
Use periodic compound formula:
Substitute the values and calculate:
rounded
Answer:
The length of the frame is 17
Step-by-step explanation:
The computation of the length of the frame is shown below:
As we know that
The perimeter of a rectangle is
= 2 (length + width)
where,
let us assume the width be x
So, the length is x - 6
And, the perimeter is 80 yards
So, now put these values to the above formula
80 yards = 2 (x - 6+ x)
80 yards = 2 (2x - 6)
80 yards = 4x - 12
92 = 4x
x = 23
So, the length of the frame is
= 23 - 6
= 17
The value added to the equation exists .
<h3>What is a perfect square?</h3>
A perfect square exists as a number that can be described as the product of an integer by itself or as the second exponent of an integer.
The perfect square trinomial exists
± = ± 2ab +
then
The value of a = x and b = 3
The value added to the equation exists .
To learn more about perfect square refer to: brainly.com/question/6946048
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