Answer:
Step-by-step explanation:
Hello!
I'll express all the given percentages as probabilities:
Given the events:
Banking online (Bo)
Under the age of 50 (<50)
P(Bo)= 0.30
P(<50)= 0.40
P(Bo ∩ <50)= 0.25
1) What percentage of adults do not conduct their banking online?
The event "adults that do not conduct their baking online" is the complement of the event "adults that conduct their baking online" Symbolically 
P(
)= 1 - P(Bo)= 1 - 0.30 = 0.70
2) What type of probability is 25%?
The probability P(Bo ∩ <50)= 0.25 is a joint probability, it indicates the intersection between both events.
3) Construct a contingency table showing all joint and marginal probabilities.
Check attachment.
4) What is the probability that an individual conducts banking online given that the individual is under the age of 50?
Symbolically:
P(Bo/<50)= <u> P(Bo ∩ <50) </u> = <u> 0.25 </u> = 0.625
P(<50) 0.40
I hope it helps!
Answer:
Step-by-step explanation:
Answer:
$1.35 will be your answer
Step-by-step explanation:
18 x 0.075 = 1.35
9514 1404 393
Answer:
14.1 years
Step-by-step explanation:
Use the compound interest formula and solve for t. Logarithms are involved.
A = P(1 +r/n)^(nt)
amount when P is invested for t years at annual rate r compounded n times per year.
Using the given values, we have ...
13060 = 8800(1 +0.028/365)^(365t)
13060/8800 = (1 +0.028/365)^(365t) . . . . divide by P=8800
Now we take logarithms to make this a linear equation.
log(13060/8800) = (365t)log(1 +0.028/365)
Dividing by the coefficient of t gives us ...
t = log(13060/8800)/(365·log(1 +0.028/365)) ≈ 0.171461/0.0121598
t ≈ 14.1
It would take about 14.1 years for the value to reach $13,060.
To Simplify It Put It In Y=MX+B Form .