Answer:
So, the probability is P=0.094.
Step-by-step explanation:
We know that in a recent survey, 73% of the community favored building a police substation in their neighborhood.
We get that p=0.73 and q=1-0.73=0.27.
We calculate the probability that exactly 8 of them favor the building of the police substation, if 14 citizens are chosen.
We get that n=14 and k=8.
We calculate the probability:
So, the probability is P=0.094.
Answer:
$3781.19
Step-by-step explanation:
Let us assume that the student has to earn $(1900 + x) by September 1 so that he can pay the $1900 tuition fee by September 1 and the remaining $x will grow at 3% simple interest to make him able to pay another tuition fee of $1900 by January 1.
So, we can write
{Because September 1 to January 1 is 4 months and the monthly simple interest rate is %}
⇒ 1.01x = 1900
⇒ x = $1881.19 (Rounded to the nearest cents)
Therefore, the student has to earn $(1900 + 1881.19) = $3781.19 (Answer)