Answer:
$20 simple interest.
Step-by-step explanation:
The simple interest that Sami earns is 4% of her deposit since she is trying to find how much she will earn in one year (given that the interest rate is 4% per annum).
∴ Sami earns $20 simple interest in one year.
Hope this helps :)
Answer:
The probability that he has exactly 2 hits in his next 7 at-bats is 0.3115.
Step-by-step explanation:
We are given that a baseball player has a batting average of 0.25 and we have to find the probability that he has exactly 2 hits in his next 7 at-bats.
Let X = <u><em>Number of hits made by a baseball player</em></u>
The above situation can be represented through binomial distribution;
where, n = number of trials (samples) taken = 7 at-bats
r = number of success = exactly 2 hits
p = probability of success which in our question is batting average
of a baseball player, i.e; p = 0.25
SO, X ~ Binom(n = 7, p = 0.25)
Now, the probability that he has exactly 2 hits in his next 7 at-bats is given by = P(X = 2)
P(X = 2) =
=
= <u>0.3115</u>