A pair of dice is rolled. Find the probability of rolling (a) a sum not more than 7, (b) a sum not less than 7, (c) a sum between 5 and 10(exclusive).
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(exclusive).
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- In cell E16, enter the appropriate formula to calculate the probability of either rolling a 7 or 11.Suppose that we have two events, A and B, with P(A) = 0.50, P(B) = 0.60, and P(A B) = 0.40. a. Find P(A | B). b. Find P(B | A). c. Are A and B independent? Why or why not?According to Benford’s law, which one of these first digits have a lower probability of occurrence than the first digit “5”? Multiple Choice 4 3 9 2
- Find the interest rate implied by the following combinations of present and future values: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Find the interest rate implied by the following combinations of present and future values: (Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required.) Present Value years future value interest rate $500 12 1126 233 5 375 400 8 400both a and bWhich formula is correct for the compound interest calculation? Select one: a. P = F(1+i)^-n b. P = F/(1+in) c. P = F/(1+i/n)
- The correct formula to calculate the future value (FV) of a present value (PV) when simple interest is used is? Note: N would be number of periods and i would be the interest rate. A. FV = PV X (1+i)^N, where^ represents power B. FV = PV X (1+i)^-N, where^ represents power O C. FV = PV/((1+i) X N) D. FV = PV x (1 + (N x i)) Reset Selection Mark for Review What's This? The correct formula to calculate the future value (FV) of a present value (PV) when simple interest is used is? Note: N would be number of periods and i would be the interest rate. A. FV = PV X (1+i)^N, where^ represents power OB. FV = PV X (1+i)^-N, where^ represents power C. FV = PV /((1+i) x N) D. FV = PV x (1 + (N X i)) Reset Selection Mark for Review What's This?Assume that the variables I, N, and PV represent the interest rate, investment or deposit period, and present value of the amount deposited or invested, respectively. Which equation best represents the calculation of a future value (FV) using: Compound interest? O FV = PV / (1+1)N O FV = PV + (PV XIX N) O FV = PV x (1 + I)N Simple interest? OFV = PV + (PV XIX N) O FV = PV XIX N O FV = PV/(PV XIX N)for question 3b under step 3: There are two things to the power of n but then you plugged in two different n values. why is that? why is one of them to the power of 9?