Answer: ⇒ The finance charge = $77
Step-by-step explanation:
Given: The cost price of DVD player= $295
Since, Tim agreed to pay $31 per month for 12 months .
Therefore, the total amount paid by Tim=
The finance charge =
⇒ The finance charge =
⇒ The finance charge =$77
Answer:
0.6173 = 61.73% probability that the product operates.
Step-by-step explanation:
For each integrated circuit, there are only two possible outcomes. Either they are defective, or they are not. The integrated circuits are independent. This means that we use the binomial probability distribution to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
An electronic product contains 48 integrated circuits.
This means that
The probability that any integrated circuit is defective is 0.01.
This means that
The product operates only if there are no defective integrated circuits. What is the probability that the product operates?
This is P(X = 0). So
0.6173 = 61.73% probability that the product operates.