The expected value is $ (Round to the nearest cent as needed.)

Q: The principal P is borrowed at a simple interest rate r for a period of time t. Find the simple…

A:

Q: The original claim they actually pay is %.

A:

Q: d. In(3x): da

A:

Q: By what percentage did the profit made by the Derby branch increase from Year 1 to Year 3? year 1-…

A: Given: Year 1- 5.49  Year 3- 5.94

Q: hat is the percentage change in the airfare for the one-year period?

A: Need to calculate the percentage change in airfare for the one-year period

Q: A bond pays a return (simple interest) of 5% and has a default rate of 3%. This bond is purchased…

A: default rate is 3% but pays a return of 5% Therefore, expected rate of return=5100×1000…

Q: Suppose you pay $1.00 to roll a fair die with the understanding that you will get back $3 for…

A: The probability that getting 2 or 5 by rolling a fair die is 1/3. The winning amount is $3. For each…

Q: A store is instructed by corporate headquarters to put a markup of 4343​% on all items. An item…

A: The objective of this question is to find the correct selling price of an item that has been marked…

Q: A stock is expected to pay $1.10 per share every year indefinitely and the equity cost of capital…

A: To find the price an investor is expected to pay per share ten years in the future, we can use the…

Q: An investor bought a 5 ½% bond at 99. Compute the current yield. (Round answer to two decimal…

A:

Q: Calculate the annual interest that you will receive on the described bond. A $2000 Treasury bond…

A:

Q: At age 18, someone sets up an IRA (individual retirement account) with an APR of 8%. At the end of…

A: Deposit at the end of each month

Q: Today, the waves are crashing onto the beach every 5.6 seconds. The times from the shoreline until a…

A: Multiple Sub-parts: Solve first three sub-parts in a multiple sub-part question, unless the student…

Q: A copy Machine depreciates at the rate of 15% each year. If the original copy of the copy machine…

A: We know, Value after time t years = Initial value × 1+rate100t

Q: . Exchange Rates On a certain date, each Japaneseyen was worth 0.34954 Russian ruble and eachChilean…

A: 1 Japanese Yen=0.34954 Russian ruble&1 Chilean peso=0.171718 Japanese yen

Q: An insurance policy is written to cover damage to a luxury sports car. The amount of damage is…

A: Let X denotes the amount (in $) of damage. Given that X~Uniform(0,39000). The pdf of X is…

Q: Predict the monthly profit for a month when advertising is $2,100.   Round to the nearest cent

A: The least squares regression line is, y = 2.437 + 1.24x. where y = profit (in $1000s)           x =…

Q: Suppose the round-trip airfare between Boston and Orlando follows the normal probability…

A: Step 1: Given informationMean = $387.20Standard deviation = $68.50The distribution used is normal…

Q: . After one​ year,    ________​% of the information is remembered. ​(Round to one decimal place…

A: The function fx=80e-0.3x+20 describes the percentage of information, a particular person remembers x…

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.