Answer:
The probability that exactly two have flaws is P (x=2) = 0.2376
Step-by-step explanation:
Here
Success= p= 0.15
Failure = q= 0.85
total number= n= 8
Number chosen = x= 2
Applying the binomial distribution
P (x=x) = nCx p^x(q)^n-x
P (x=2) = 8C2 0.15 ²(0.85)^8
P (x=2) = 0.2376
The success is chosen about which we want to find the probability. Here we want to find the probability that exactly two have flaws so success would be having flaws therefore p = 0.15
2^(1+2n)
2^(1+0) = 2
2^(1+2) = 2^3 = 8
2^(1+4) = 2^5 = 32
I dont know why but a moderator deleted my answer but I hope that you got it. It was actually A. since it was the quotient of 9 not the quotient of x.
Have a great day hon and I hope that this helped you out a lil:)
Answer:
C. $824.74, $175.26
Step-by-step explanation:
1) Amount Credited
The formula to calculate the amount credited =
Amount paid ÷ ( 100% - Discount)
Discount is given in the question as 3/10
Where 3 = Discount rate
Amount paid = $800
Amount credited = 800/( 100% - 3%)
= 800/ 97%
= 800/ 0.97
= $824.74
b) Outstanding balance = Invoice - Amount credited
Invoice = $1000
Amount credited = $824.74
Outstanding balance = $1000 - $824.74
= $175.26
