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Alexandra [31]
2 years ago
12

1. Determine the probability that a student will begin college during the summer semester and attend an in-state college.

Mathematics
1 answer:
icang [17]2 years ago
8 0

Step-by-step explanation:

<u>Total number of students:</u>

  • 178 + 21 + 301 + 162 = 662

1)

<u>The probability that a student will begin college during the summer semester and attend an in-state college:</u>

  • P = 178/662*100% = 26.89% (rounded)

2)

<u>The probability that a student will begin college during the summer semester given that he is attending an in-state college:</u>

  • P = 178/(178 + 301)*100% = 37.16% (rounded)
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4 years ago
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2

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3 years ago
You want to purchase a new car in 5 years and you anticipate the cost of the car to be $55,000. You are given an investment plan
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http://www.1728.org/annuity3.htm  (see formula 2)
You'll find THAT page and THIS page very helpful:
http://www.1728.org/annuitym.htm


rate = rate / 1,200
rate = <span> <span> <span> 0.005166666667 </span> </span> </span>
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monthly amount = [Total] / ([(1 + rate)^(n+1) -1] / [rate]) -1

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</span>
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4 years ago
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