Assume a bank loan requires an interest payment of $85 per year and a principal payment of $1,000 at the end of the loan's eight
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Step-by-step explanation:
Given
Probability that car has a standard transmission is
So, the probability that the car does not have transmission is
Probability of that 3 out of 4 randomly selected cars have standard transmissions is given by selecting 3 cars with standard deviation and then multiply by their respective probabilities