Answer:
Step-by-step explanation:
Let X be the no of vehicles that require warranty service within I year out of vehicles sold (9) yesterday.
Each vehicle is independent of the other to get warranty service
Hence X is binomial with p=8% = 0.08
So P(X=x) = 

c) 
d) Mean = Mean of binomial = np =

Var (x) = npq = 
Std dev = square root of variance = 0.8139
I'm going to assume the rate, 3.9%, is for one year.
7550 * 3.9 * 6 = $176, 670 is the simple interest earned in 6 years with a rate of 3.9% per year.
Since you have the formula, why don't you do it yourself?
Answer:
47.5%
Step-by-step explanation:
39/82 = .475 = 47.5%
Answer: 
Step-by-step explanation:
Let x be the price. 20% (0.20) 7.25% (0.0725)
