3 3/8 divided by 9=? Help! Please! Thank you for your time!
2 answers:
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Answer:
The probability that exactly one of these mortgages is delinquent is 0.357.
Step-by-step explanation:
We are given that according to the Mortgage Bankers Association, 8% of U.S. mortgages were delinquent in 2011. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure.
A random sample of eight mortgages was selected.
The above situation can be represented through Binomial distribution;
where, n = number of trials (samples) taken = 8 mortgages
r = number of success = exactly one
p = probability of success which in our question is % of U.S.
mortgages those were delinquent in 2011, i.e; 8%
<em>LET X = Number of U.S. mortgages those were delinquent in 2011</em>
So, it means X ~
Now, Probability that exactly one of these mortgages is delinquent is given by = P(X = 1)
P(X = 1) =
=
= 0.357
<u><em>Hence, the probability that exactly one of these mortgages is delinquent is 0.357.</em></u>
Answer:
Marco's age is 7 years old
Step-by-step explanation:
Let
x ----> Marco's age
y ----> Paolo's age
we know that
---->
----> equation A
----> equation B
substitute equation A in equation B
Solve the quadratic equation
The formula to solve a quadratic equation of the form
is equal to
in this problem we have
so
substitute in the formula
Remember that the solution cannot be a negative number
so
The solution is x=7
therefore
Marco's age is 7 years old