a population of rabbits is growing naturally at 20% each month. if the colony began with 2 rabbits, how many will there be in 5
1 answer:
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Answer: The required probability is 0.1328.
Step-by-step explanation:
Since we have given that
n = 5
Probability of success = p = defective rate = 3% = 0.03
Probability of failure = q = 1-p = 1 - 0.03 = 0.97
So, we will use "Binomial distribution":
probability that the first defective occurs in the fifth item inspected would be
Hence, the required probability is 0.1328.
Answer:
$39,851.25
Step-by-step explanation:
If the sales increase at a rate of 9% per year, this means it will be 109% of the previous year's value since 100% + 9% = 109%
109% in decimal form = 109/100 = 1.09
Therefore, the exponential function is:
, where
is the number of years
So when ,
After 8 years, annual sales = $39,851.25