Answer:
$1006.20
Step-by-step explanation:
This is an example of compound interest.
To work this out you would first have to convert the percentage into a decimal, you can do this by dividing 3 by 100, which gives you 0.03. You are dividing by 100 as percentages are out of 100. Then you would add 1 to 0.03, which gives you 1.03. This is because you are finding percentage increases. Then you would multiply 894 by 1.03 to the power of 4, which gives you 1006.20. This is because you are finding 3 percent and adding it on and then finding 3 percent of that, this is why we put it to the power of how much time.
1) Divide 3 by 100.
2) Add 1 to 0.03.
3) Multiply 894 by 1.03 to the power of 4.
The slope is -2/3. Hope this helps!
If we solve the left side of the given equation,
1/a + 1/b = 1/c
we get an answer of,
b+a / ab = 1/c
Since ab = c, we can conclude that b + a is 1. The average of these two numbers is equal to there sum divided by 2. The answer is therefore equal to 0.5.
Answer:
Probability that at least 490 do not result in birth defects = 0.1076
Step-by-step explanation:
Given - The proportion of U.S. births that result in a birth defect is approximately 1/33 according to the Centers for Disease Control and Prevention (CDC). A local hospital randomly selects five births and lets the random variable X count the number not resulting in a defect. Assume the births are independent.
To find - If 500 births were observed rather than only 5, what is the approximate probability that at least 490 do not result in birth defects
Proof -
Given that,
P(birth that result in a birth defect) = 1/33
P(birth that not result in a birth defect) = 1 - 1/33 = 32/33
Now,
Given that, n = 500
X = Number of birth that does not result in birth defects
Now,
P(X ≥ 490) = 
= 
+ .......+ 
= 0.04541 + ......+0.0000002079
= 0.1076
⇒Probability that at least 490 do not result in birth defects = 0.1076
