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25 questions
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A Bernoulli distribution is a random experiment that has only two outcomes (usually called a “Success” or a “Failure”) - An example of Bernoulli distribution is the probability of getting a heads (a “success”) while flipping a coin is 0.5 (1/2). The probability of “failure” is 1 – P (1 minus the probability of success, which also equals 0.5 (1/2) for a coin toss).
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The formula for compound interest is P (1 + r/n)^(nt) ...
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Knowing that the Simple Interest Formula is I=Prt COMPUTE THE INTEREST if you invest $1000
for 2 years at 3%
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Credit Limit – The term credit limit refers to the MINIMUM amount of credit a financial institution extends to a client.
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There are FOUR main types of transformations; they are:
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Transformations fall into two categories: rigid transformations that do not change the shape or size of the preimage and non-rigid transformations that change the size but not the shape of the preimage
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The trigonometric functions most widely used in modern mathematics are :
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In trigonometry when working with triangle the name used for the sides are called:
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In a right triangle, the hypotenuse is ...
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What is a Geometric Distribution?
The geometric distribution represents the number of failures before you get a success in a series of Bernoulli trials.
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Probability is a number that can be assigned to outcomes and events. It always is greater than or equal to zero, and less than or equal to one. The SUM of the probabilities of all outcomes must equal ....
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If a car factory checks 360 cars and 8 of them have defects, how many will have defects out of 1260 ?
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If a car factory checks 100 cars and 10 of them have defects, how out of 500 will NOT have defects?
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A " Factorial " is represented by the symbol “!” and is defined as follows: n! = n ∙ (n-1) ∙ (n-2) ∙ … ∙ 3 ∙ 2 ∙ 1 . With this knowledge in mind, 5! =
