Answer:
415.63 minutes
Step-by-step explanation:
Growth can be represented by the equation 
. We can find the rate at which it grows by using t=25 minutes and 
or double the amount at that time. The first step we always take is to divide 
by A.
![[tex]\frac{A_{0}}{A}=e^{rt}\\2=e^{r(25)}](https://tex.z-dn.net/?f=%5Btex%5D%5Cfrac%7BA_%7B0%7D%7D%7BA%7D%3De%5E%7Brt%7D%5C%5C2%3De%5E%7Br%2825%29%7D)
To solve for r, we will take the natural log of both sides and use log rules to isolate r.
We know 
so we were able to cancel it out and divide both sides by 25.
We solve with a calculator 
We change 0.0277 into a percent by multiplying by 100 to get 2.77% as the rate.
The equation is 
.
We repeat the step above substituting A=5,000,000, =50, and r=0.02777. Then solve for t.
t=415.63 minutes
Answer:
true
Step-by-step explanation:
please see the image I attached of my work
Answer:
1
Step-by-step explanation:
Let X be a discrete random variable with geometric distribution.
Let x be the number of tests and p the probability of success in each trial, then the probability distribution is:
P (X = x) = p * (1-p) ^ (x-1). With x = (1, 2, 3 ... n).
This function measures the probability P of obtaining the first success at the x attempt.
We need to know the probability of obtaining the first success at the third trial.
Where a success is defined as a customer buying online.
The probability of success in each trial is p = 0.3.
So:
P (X = 3) = 0.3 * (1-0.3) ^ (3-1)
P (X = 3) = 0.147
The probability of obtaining the first success at the third trial is 14.7%
