Answer:
the probability that exactly 8 complete the program is 0.001025
Explanation:
given information:
60 % of those sent complete the program, p = 0.6
the total of people being sent, n = 27
exactly 8 complete the program, x = 8
to find the probability, we can use the following formula
![P(X=x)=\left[\begin{array}{ccc}n\\x\\\end{array}\right] p^{x} (1-p)^{n-x}](https://tex.z-dn.net/?f=P%28X%3Dx%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7Dn%5C%5Cx%5C%5C%5Cend%7Barray%7D%5Cright%5D%20p%5E%7Bx%7D%20%281-p%29%5E%7Bn-x%7D)
![P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (1-0.6)^{27-8}](https://tex.z-dn.net/?f=P%28X%3D8%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D27%5C%5C8%5C%5C%5Cend%7Barray%7D%5Cright%5D%200.6%5E%7B8%7D%20%281-0.6%29%5E%7B27-8%7D)
![P(X=8)=\left[\begin{array}{ccc}27\\8\\\end{array}\right] 0.6^{8} (0.4)^{19}](https://tex.z-dn.net/?f=P%28X%3D8%29%3D%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D27%5C%5C8%5C%5C%5Cend%7Barray%7D%5Cright%5D%200.6%5E%7B8%7D%20%280.4%29%5E%7B19%7D)
= 0.001025
The answer is either B or C. I think it may be C.
Answer:
In which type of economy is a business owner most likely to benefit from free enterprise? (1 point) In a market economy because there is lots of competition and not much take back from the government. This economy is ideal for a free enterprise.
Answer:
First we need to compute levered cost of equity
Ro = 15.40%
D/E ratio = 0.40/(1-0.40) = 0.6667
Rd=7.2%
We have following formula for levered cost of equity using MM model proposition II:
Without taxes
Re = Ro + (Ro – Rd) x (1-t) x D/E
= 0.1380 + (0.1380-0.0720)x (1-0.0)x0.6667
= 0.1380 + 0.0440
= 18.20%
Therefore, new cost of equity would be 18.20%.
With taxes
Re = Ro + (Ro – Rd) x (1-t) x D/E
= 0.1380 + (0.1380-0.0720)x (1-0.34)x0.6667
= 0.1380 + 0.0290
= 16.70%
Therefore, new cost of equity would be 16.70%.
Alright! So what we want to do is multiply 365 by 3 and you get 1095 now what you wanna do is divide that by 7 which is 156 now then you want to now divide 7 by 4000 and you get your answer! I hoped this helped I made a little mistake if you multiplty 3.66 by 1095 you get 4000.7 but that is still 4K
