Answer: P(x ≥ 1) = 0.893
Step-by-step explanation:
We would assume a binomial distribution for the outcome of the investment. The formula is expressed as
P(x = r) = nCr × p^r × q^(n - r)
Where
x represent the number of successes.
p represents the probability of success.
q = (1 - r) represents the probability of failure.
n represents the number of trials or sample.
From the information given,
p = 36% = 36/100 = 0.36
q = 1 - p = 1 - 0.36
q = 0.64
n = 5
Therefore,
P(x ≥ 1) = 1 - P(x = 0)
P(x = 0) = 5C0 × 0.36^0 × 0.64^(5 - 0)
P(x = 0) = 1 × 1 × 0.107
P(x = 0) = 0.107
P(x ≥ 1) = 1 - 0.107 = 0.893
The answer is 11 and 14/33.
<span>Simplifying
x + -1.4 = 7.82
Reorder the terms:
-1.4 + x = 7.82
Solving
-1.4 + x = 7.82
Solving for variable 'x'.
Move all terms containing x to the left, all other terms to the right.
Add '1.4' to each side of the equation.
-1.4 + 1.4 + x = 7.82 + 1.4
Combine like terms: -1.4 + 1.4 = 0.0
0.0 + x = 7.82 + 1.4
x = 7.82 + 1.4
Combine like terms: 7.82 + 1.4 = 9.22
x = 9.22
Simplifying
x = 9.22</span>
The amount of down payment Michelle paid for a dryer of $1,400 at 17% down payment is $238
Given:
Total cost of dryer = $1,400
down payment percentage = 17%
<em>Amount paid for down payment</em> = 17% of $1,400
= 17/100 × 1400
= 0.17 × 1400
= $238
Therefore, the amount of down payment Michelle paid for a dryer of $1,400 at 17% down payment is $238
Learn more about percentage:
brainly.com/question/2236179
Answer:
i dunno try 400?
Step-by-step explanation:i hope this works=p