First, we need to figure out how much you want to borrow. You said you wanted to spend $5,000, and you will put $500 down. Based
on that, we can estimate your taxes to be $340. Put those numbers to see how much money you will need for your loan.
1 answer:
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Answer:
0.11069
Step-by-step explanation:
We will assume that the trains pass by his house following a uniform distribution with values between 0 and 24. The probability of a train passing on a 9-hour time period is 9/24 = 3/8 = 0.375. Lets call Y the amount of trains passing by his house during that 9-hour period. Y follows a Binomail distribution with parameters 22 and 0.375.
P(Y ≤ 5) = P(Y = 0) + P(Y=1) + P(Y=2) + P(Y=3) + P(Y=4) + P(Y=5) =
I hope that works for you!