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2 years ago

14

Ron purchases $32,000 worth of stock on his brokers advice and pays his broker a 1.25% broker fee. How much did he pay his broke

r! Show work please !!

2 answers:

Xelga [282]2 years ago

6 0

Ron would have to pay his broker $400 because 1.25 percent of 32,000 is 400

CaHeK987 [17]2 years ago

3 0

32000 x 0.0125 = 400

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3 years ago

Read 2 more answers

A meeting on an unpopular topic has been announced. The number of attendees may be modeled by X where What is the probability th

krok68 [10]

Answer:

The probability that at least 5 people attend the meeting given that at least 2 attend is 12.50%.

Step-by-step explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

A meeting on an unpopular topic has been announced. The number of attendees may be modeled by X where:

P(X = x) = 1 / 2^(x+1), for x = 0,1,2,...

What is the probability that at least 5 people attend the meeting given that at least 2 attend?

The explanation of the answer is now provided as follows:

Given:

P(X = x) = 1 / 2^(x+1), for x = 0,1,2,... (1)

Since it is given that at least 2 attend, it implies that we need to calculate P(x) at x = 2.

Substituting x = 2 into equation (1), we have:

P(X = 2) = 1 / 2^(2 + 1)

P(X = 2) = 1 / 2^3

P(X = 2) = 1 / 8

P(X = 2) = 0.1250, or 12.50%

Therefore, is the probability that at least 5 people attend the meeting given that at least 2 attend is 12.50%.

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2 years ago