Salinas Corporation has net income of $15 million per year on net sales of $90 million per year. It currently has no long-term debt but is considering a debt issue of $20 million. The interest rate on the debt would be 7%. Salinas Corp. currently faces an effective tax rate of 40%. What would be the annual interest tax shield to Salinas Corp. if it goes through with the debt issuance?

Answers

Answer 1

Answer:

The annual interest tax shield to Salinas Corp would be of $560,000

Step-by-step explanation:

In order to calculate the annual interest tax shield to Salinas Corp if it goes through with the debt issuance we would have to calculate the following formula:

Annual Interest tax shield = Interest * tax

Interest = debt *rate of interest

Interest=$20 million * 0.07

Interest= $ 1.40 million

tax= 40%

Therefore, Annual Interest tax shield =$1.40 million * 0.40

Annual Interest tax shield = $560,000

The annual interest tax shield to Salinas Corp would be of $560,000


Related Questions

Choose the equation for the graph
below.
a. y =
1
X-2
2
b.y =
x²–4
3
c. y =
x+2
-3
d.y=
e. y =
2x+4
1
x2+2x+1

Answers

Answer:

C

Step-by-step explanation:

Plugged into calculator

Vertical asymptotes: x=-2

Horizontal asymptotes: y=0

No oblique asymptotes

Which expression converts 100 inches per minute to feet per minute?
O
100 inches
1 minute
60 minutes
1 hour
O
100 inches
1 minute
X
1 hour
60 minutes
100 inches
1 minute
X
1 foot
12 inches
O
100 inches
1 minute
12 inches
1 foot
Another question lol take your time

Answers

Answer:

100 inches Over 1 minute times × 1 foot Over 12 inches

Step by Step explanation

Remember that

1ft=12in

The expression converts 100 inches per minute to feet per minute is

100 inch / min x 1 ft/ 12 inch.

What is unit conversion?

The same attribute is expressed using a unit conversion, but in a different unit of measurement. Time can be expressed in minutes rather than hours, and distance can be expressed in miles, kilometres, feet, or any other measurement unit.

We know

1 feet = 12 inch

We have to convert 100 inches per minute to feet per minute.

So, 100 inches

= 100 inch / min x 1 ft/ 12 inch

= 8.33 ft per minute

Learn more about Unit conversion here:

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There is a clothing store in Bartlesville. The owner has devised his own method of pricing items. A vest costs $20, socks cost $25, a tie costs $15 and a blouse costs $30. Using the method, how much would underwear cost?

Answers

Answer:

25

Step-by-step explanation:

I'm going with $25 since socks should cost as much as underwear, you wear them underneath and they're an essential.

Assume that women's heights are normally distributed with a mean of 63.6 inches and a standard deviation of 2.5 inches. If 90 women are randomly selected, find the probability that they have a mean height between 62.9 inches and 64.0 inches.
A. 0.7248
B. 0.0424
C. 0.1739
D. 0.9318

Answers

The answer is C I’m pretty sure

Does a point have a one dimension length

Answers

Answer:

No.

Step-by-step explanation:

A point has no length, height or depth. It only has position.

A line has one dimensional length.

No it does not have a dimension length

The number of pieces of popcorn in a large movie theatre popcorn bucket is normally distributed, with a mean of 1610 and a standard deviation of 10. Approximately what percentage of buckets contain between 1600 and 1620 pieces of popcorn?

Answers

Answer:

A

Step-by-step explanation:

We know that in normal distribution, approximately 34% of bags will fall with in one standard deviation on one side. On both sides within the range of 1 standard deviation, 34 + 34 = 68 % of bags will fall.

Our range is:

1600 to 1620

1610 - 10 to 1610 + 10

So the answer is 1

That means, that 68% is the answer.

Answer:

The answer is A.

Step-by-step explanation:

Approximately 68%

1. If the ratio of the ages of Kissi and Esinam is 3:5 and that of Esinam and Lariba is 3:5 and
the sum of the ages of all 3 is 147 years, what is the age difference between oldest the
youngest?
Ans: years

2. The HCF of two numbers is 11, and their L.C.M is 368. If one number is 64, then the other
number is ….

Answers

Answer:

1) 48 years.

2) Question incorrect.

11 isn't a factor of 64, and 368 isn't a multiple of 64. 11 also isn't a factor of 368, hence, it would be impossible to find the unknown second number with all of these false information in the question.

Step-by-step explanation:

Let the ages of Kissi, Esinam and Lariba be x, y and z respectively.

Ratio of the ages of Kissi and Esinam is 3:5

x:y = 3:5

(x/y) = (3/5)

5x = 3y

x = (3y/5) (eqn 1)

Ratio of the ages of Esinam and Lariba is 3:5

y:z = 3:5

(y/z) = (3/5)

5y = 3z

z = (5y/3) (eqn 2)

The sum of their 3 ages is 147

x + y + z = 147 (eqn 3)

Substituting the values of x and z from eqn 1 and 2 into eqn 3, we have

(3y/5) + y + (5y/3) = 147

(49y/15) = 147

y = (147×15/49) = 45.

x = (3y/5) = (3×45/5) = 27

z = (5y/3) = (5×45/3) = 75

The ages of Kissi, Esinam and Lariba are then 27, 45 and 75 respectively.

The difference in the ages of the oldest amf the youngest is thus, 75 - 27 = 48 years.

2) This question seems to be faulty and incorrect as 11 isn't a factor of 64, and 368 isn't a multiple of 64. 11 also isn't a factor of 368, hence, it would be impossible to find the unknown second number with all of these false information in the question.

Hope this Helps!!!

Which chart is good for showing the following? For each part, choose the most appropriate chart from the charts listed. - trends over time - cross tabulation - the relationship among 3 quantitative variables - the relationship between 2 quantitative variables - frequency distribution of quantitative data - show differences in numbers across categories A. column or bar chart B. line chart C. heat map D. clustered column or bar chart E. bubble chart F. scatter chart G. histogram

Answers

Answer:

Step-by-step explanation:

Trends over time - Line charts

Cross tabulation - column or bar chart

The relationship among 3 quantitative variables - Bubble charts or clusteréd column or bar chart

The relationship between 2 quantitative variables - scatter plot

Frequency distribution of quantitative data - Histogram

Show differences in numbers across categories - Bar chart or column charts.

A random sample of 100 observations from a population with standard deviation 6868 yielded a sample mean of 113113. Complete parts a through c below. a. Test the null hypothesis that muμequals=100 against the alternative hypothesis that muμgreater than>​100, using alphaαequals=0.05. Interpret the results of the test. What is the value of the test​ statistic?

Answers

Answer:

Null hypothesis is rejected,

test statistic= 15.76

Step-by-step explanation:

sample mean= 113,

sample standard deviation= 68

H0: mean of sample =100

Ha: mean of sample > 100

test statistic= (population mean- sample mean)/√(standard deviation/sample size)

test statistic= (113-100)/√(68/100)= 15.76

Degrees of freeedom= 100-1=99

p-value= 1.658 (from t distribution table for DF=99 and alpha=0.05)

Since p-value is smaller than test statistic, null hypothesis is rejected

Suppose your total taxable income this year is $75,000 you are taxed a rate of 10 percent on the first 25,000 20 percent on the next 25,000 and 30 percent on the final 25,000 what is your total income tax

Answers

The next $30,000 would be taxed at 20%, or $6,000. The final $25,000 of your income would be taxed at 30%, or $7,500. ... Tax brackets apply only to your taxable income—that is, your total income ...

Suppose you would like to save P9000 invested at 8% compounded quarterly for 5 years and 6 months. (Note: Round off your answer to the nearest hundredth) (a) How much would the value of her savings at the end of the term? Answer (b) How much is the interest earned by your savings? Answer

Answers

Answer:

a) 13913

b) 4913.82

Step-by-step explanation:

The compound interest formula is given by:

[tex]A(t) = P(1 + \frac{r}{n})^{nt}[/tex]

Where A(t) is the amount of money after t years, P is the principal(the initial sum of money), r is the interest rate(as a decimal value), n is the number of times that interest is compounded per year and t is the time in years for which the money is invested or borrowed.

In this question:

Investment of 9000, so [tex]P = 9000[/tex]

Interest rate of 8%, so [tex]r = 0.08[/tex]

Compounded quarterly, so [tex]n = 4[/tex]

5 years and 6 months, that is, 5 years and half, so [tex]t = 5.5[/tex]

(a) How much would the value of her savings at the end of the term?

[tex]A(t) = P(1 + \frac{r}{n})^{nt}[/tex]

[tex]A(5.5) = 9000(1 + \frac{0.08}{4})^{4*5.5} = 13913.82[/tex]

(b) How much is the interest earned by your savings?

The amount subtracted by the principal. So

13913.82 - 9000 = 4913.82

Your friend believes that he has found a route to work that would make your commute faster than what it currently is under similar conditions. Suppose that data were collected for a random set of 7 days, where each difference is calculated by subtracting the time taken on the current route from the time taken on the new route. Assume that the populations are normally distributed. Your friend uses the alternative hypothesis Ha:μd<0. Suppose the test statistic t is computed as t≈−3.201, which has 6 degrees of freedom. What range contains the p-value?

Answers

Answer:

The range of p-values

0.01 < p < 0.025

Step-by-step explanation:

Explanation:-

Given random sample size 'n' = 7

Assume that the populations are normally distributed

Null Hypothesis :H₀:μd=0.

Alternative Hypothesis:H₁:μd<0.

Degrees of freedom

ν = n-1 =7-1 =6

given the test statistic  t = - 3.201

we will use single tailed test in t-distribution table

The test statistic t= 3.201 is lies between the critical values is 0.01 and 0.025

The range of p-values

0.01 < p < 0.025  (check t- distribution table single tailed test)

Final answer:-

The range of p-values

0.01 < p < 0.025

divide the following polynomials ( 9 x 4 + 3 x 3 y − 5 x 2 y 2 + x y 3 ) ÷ ( 3 x 2 + 2 x 2 y − x y 2 )

Answers

Answer:

2(-2y+9)/3+y

Step-by-step explanation:

what is X:
|4x−1|=3

|x|=−4

Answers

Answer:

1

Step-by-step explanation:

the answer is x=1 hope this helped

5. The value of 25sqare -24sqare

Answers

Answer:

49

Step-by-step explanation:

25²-24²

625-576

=49

use calculator lah dehh

Which equation can be used to solve for b?
B
5 cm
С
10 cm
b
30
A
O tan(30)=5/b
O tan(30)=b/5
O tan(30)=10/b
O tan(30)=b/10

Answers

Answer:

The answer is option 1.

Step-by-step explanation:

You have to apply Tangent Rule, tanθ = opposite/adjacent:

[tex] \tan(θ) = \frac{oppo.}{adj.} [/tex]

[tex]let \: oppo. = 5 \\ let \: adj. = b \\ let \: θ = 30[/tex]

[tex] \tan(30) = \frac{5}{b} [/tex]

The correct answer is option (A) tan(30)=5/b

Tangent functionThe tangent function is one of the main six trigonometric functions and is generally written as tan x. It is the ratio of the opposite side and the adjacent side of the angle in consideration in a right-angled triangle.

How to solve this problem?

The steps are as follow:

The right angle triangle is given whose sides are as follow:

AB = 10 cm

BC = 5 cm

AC = b cm

To find the tan(30) we will use following formula:

tan(x) = opposite side / adjacent side

tan(30) = BC / AC

tan(30) = 5 / b

So, the correct answer is option (A) tan(30)=5/b

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A teacher figures that final grades in the chemistry department are distributed as: A, 25%; B, 25%;C, 40%;D, 5%; F, 5%. At the end of a randomly selected semester, the following number of grades were recorded. Calculate the chi-square test statistic x^2 to determine if the grade distribution for the department is different than expected. Use α = 0.01.


Grade A B C D F
Number 36 42 60 14 8

a. 6.87
b. 0.6375
c. 5.25
d. 4.82

Answers

Answer:

[tex]E_{A} =0.25*160=40[/tex]  

[tex]E_{B} =0.25*160=40[/tex]

[tex]E_{C} =0.4*160=64[/tex]

[tex]E_{D} =0.05*160=8[/tex]  

[tex]E_{F} =0.05*160=8[/tex]  

And now we can calculate the statistic:  

[tex]\chi^2 = \frac{(36-40)^2}{40}+\frac{(42-40)^2}{40}+\frac{(60-64)^2}{64}+\frac{(14-8)^2}{8}+\frac{(8-8)^2}{8} =5.25[/tex]  

The answer would be:

c. 5.25

Step-by-step explanation:

The observed values are given by:

A: 36

B: 42

C: 60

D: 14

E: 8

Total =160

We need to conduct a chi square test in order to check the following hypothesis:  

H0: There is no difference in the proportions for the final grades

H1: There is a difference in the proportions for the final grades

The level of significance assumed for this case is [tex]\alpha=0.01[/tex]  

The statistic to check the hypothesis is given by:  

[tex]\chi^2 =\sum_{i=1}^n \frac{(O_i -E_i)^2}{E_i}[/tex]  

Now we just need to calculate the expected values with the following formula [tex]E_i = \% * total[/tex]  

And the calculations are given by:  

[tex]E_{A} =0.25*160=40[/tex]  

[tex]E_{B} =0.25*160=40[/tex]

[tex]E_{C} =0.4*160=64[/tex]

[tex]E_{D} =0.05*160=8[/tex]  

[tex]E_{F} =0.05*160=8[/tex]  

And now we can calculate the statistic:  

[tex]\chi^2 = \frac{(36-40)^2}{40}+\frac{(42-40)^2}{40}+\frac{(60-64)^2}{64}+\frac{(14-8)^2}{8}+\frac{(8-8)^2}{8} =5.25[/tex]  

The answer would be:

c. 5.25

Now we can calculate the degrees of freedom for the statistic given by:  

[tex]df=(categories-1)=(5-1)=4[/tex]

And we can calculate the p value given by:  

[tex]p_v = P(\chi^2_{4} >5.25)=0.263[/tex]  

The p value is higher than the significance so we have enough evidence to FAIL to reject the null hypothesis

The mass of the Eiffel Tower is about 9.16 ⋅ 10^6 kilograms. The mass of the Golden Gate Bridge is 8.05 ⋅ 10^8 kilograms. Approximately how many more kilograms is the mass of the Golden Gate Bridge than the mass of the Eiffel Tower? Show your work and write your answer in scientific notation.

Answers

Answer:

[tex]7.9584 \times 10^8[/tex]

Step-by-step explanation:

[tex]8.05 \times 10^8 - 9.16 \times 10^6[/tex]

[tex]805000000-9160000[/tex]

[tex]=795840000[/tex]

A fair spinner has 11 equal sections: 3 red, 4 blue and 4 green. It is spun twice. What is the probability of getting the same colour twice?

Answers

Answer:

The probability of getting the same colour twice is approximately 34%.

Step-by-step explanation:

The probability of getting each color is:

P(x=red) = 3/11 P(x=blue) = 4/11P(x=green) = 4/11

Then, we can calculate the probability of getting the color red twice as:

[tex]P(x_1=R;x_2=R)=P(x=R)^2=(3/11)^2=9/121[/tex]

We have to repeat this for the color blue and green:

[tex]P(x_1=B;x_2=B)=P(x=B)^2=(4/11)^2=16/121\\\\P(x_1=G;x_2=G)=P(x=G)^2=(4/11)^2=16/121[/tex]

Then, the probability of getting the same color twice in two spins can be calculated as:

[tex]P=P(x_1=R;x_2=R)+P(x_1=B;x_2=B)+P(x_1=G;x_2=G)=\\\\P=9/121+16/121+16/121\\\\P=41/121\approx0.34[/tex]

If a random sample of 53 students was asked for the number of semester hours they are taking this semester. The sample standard deviation was found to be s = 4.7 semester hours. How many more students should be included in the sample to be 99% sure that the sample mean x is within 1 semester hour of the population mean  for all students at this college?

Answers

Answer:

94 more students should be included in the sample.

Step-by-step explanation:

We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:

[tex]\alpha = \frac{1-0.99}{2} = 0.005[/tex]

Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].

So it is z with a pvalue of [tex]1-0.005 = 0.995[/tex], so [tex]z = 2.575[/tex]

Now, find the margin of error M as such

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.

How many students we need to sample to be 99% sure that the sample mean x is within 1 semester hour of the population mean?

We need to survey n students.

n is found when M = 1.

We have that [tex]\sigma = 4.7[/tex]

So

[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]

[tex]1 = 2.575*\frac{4.7}{\sqrt{n}}[/tex]

[tex]\sqrt{n} = 2.575*4.7[/tex]

[tex](\sqrt{n})^{2} = (2.575*4.7)^{2}[/tex]

[tex]n = 146.47[/tex]

Rounding up

147 students need to be surveyed.

How many more students should be included...?

53 have already been surveyed

147 - 53 = 94

94 more students should be included in the sample.

Two airplanes leave an airport at the same time, flying in the same direction. One plane is flying at twice the speed of the other. If after 4 hours they are 1800 km apart, find the speed of each plane.

Answers

Answer:

One plane has a speed of 450 km/h and the other has a speed of 900 km/h.

Step-by-step explanation:

I am going to say that:

The speed of the first plane is x.

The speed of the second plane is y.

One plane is flying at twice the speed of the other.

I will say that y = 2x. We could also say that x = 2y.

Two airplanes leave an airport at the same time, flying in the same direction

They fly in the same direction, so their relative speed(difference) at the end of each hour is y - x = 2x - x = x.

If after 4 hours they are 1800 km apart, find the speed of each plane

After 1 hour, they will be x km apart. After 4, 1800. So

1 hour - x km apart

4 hours - 1800 km apart

4x = 1800

x = 1800/4

x = 450

2x = 2*450 = 900

One plane has a speed of 450 km/h and the other has a speed of 900 km/h.

The HCF of two numbers is 11, and their L.C.M is 368. If one number is 64, then the other
number is ….

Answers

Erm 11 isn’t a factor of 64..?

What is the value of log625^5 converted to a fraction

Answers

Answer:

1/4

Step-by-step explanation:

625^x = 5

x = 1/4

Describe the rule for the sequence 2, 1, 2/3, 1/2, 2/5, 1/3, 1/7,...

Answers

Multiply 2 by 1/2 to get 1.

Multiply 1 by 2/3 to get 2/3.

Multiply 2/3 by 3/4 to get 6/12 = 1/2.

Multiply 1/2 by 4/5 to get 4/10 = 2/5.

Multiply 2/5 by 5/6 to get 10/30 = 1/3.

Multiply 1/3 by 6/7 to get 6/21 = 2/7. (I suspect there's a typo in the question.)

And so on, so that the nth term in the sequence is multiplied by n/(n + 1) to get the (n + 1)th term.

Recursively, the sequence is given by

[tex]\begin{cases}a_1=2\\a_n=\dfrac{n-1}na_{n-1}&\text{for }n>1\end{cases}[/tex]

We can solve this exactly by iterating:

[tex]a_n=\dfrac{n-1}na_{n-1}=\dfrac{n-1}n\dfrac{n-2}na_{n-1}=\dfrac{n-1}n\dfrac{n-2}{n-1}\dfrac{n-3}{n-2}a_{n-3}=\cdots[/tex]

and so on down to

[tex]a_n=\dfrac{(n-1)\cdot(n-2)\cdot(n-3)\cdot\cdots\cdot3\cdot2\cdot1}{n\cdot(n-1)\cdot(n-2)\cdot\cdots\cdot4\cdot3\cdot2}a_1[/tex]

or

[tex]a_n=\dfrac{(n-1)!}{n!}a_1[/tex]

and with lots of cancellation, we end up with

[tex]a_n=\dfrac{a_1}n=\boxed{\dfrac2n}[/tex]

Answer:

Divide 2 by n.

Step-by-step explanation:

If the probability of a machine producing a defective part is 0.05, what is the probability of

finding exactly 5 defective parts from a sample of 100? (Assume that the process follows a

binomial distribution and round answer to four places)

Answers

Answer:

0.1800 to 4 places of decimals.

Step-by-step explanation:

Using the Binomial formula

Probability = 10C5* (0.95)^95 * (0.05)^5

= 100! / 95!*5! *  (0.95)^95 * (0.05)^5

= 0.1800178.

help asap, will get branliest !!​

Answers

Answer:

D

Step-by-step explanation:

Lines EF and GH are already parallel. Translating them 2 units to the side without changing how far apart they are vertically means they won't intersect and will remain the same distance apart.

Answer:

D

Step-by-step explanation:

They are parallel lines

please help :( really need answer

Answers

Answer:

Options (C) and (F)

Step-by-step explanation:

Polynomial function is,

f(x) = x³ - x² - 5x - 3

Possible rational roots of the given function will be = [tex]\frac{\pm1, \pm3}{\pm1}[/tex]

By putting x = -1

f(-1) = (-1)³ - (-1)² -5(-1) - 3

     = -1 - 1 + 5 - 3

     = 0

Therefore, x = -1 will a root of the given function.

Now we apply synthetic division to get the other roots,

-1 |  1       -1       -5      -3

      ↓      -1         2      3

     1       -2       -3      0

Therefore, factored form of the polynomial will be (x + 1)(x² - 2x - 3).

Now we will find the roots of (x² -2x - 3).

x² - 2x - 3 = x² - 3x + x - 3

                = x(x - 3) + 1(x - 3)

                = (x + 1)(x - 3)

For roots of the function, f(x) = 0

(x + 1)(x - 3) = 0

x = -1, 3

Therefore, roots of the function are x = -1, 3

Options (C) and (F) are the answers.

An urban economist is curious if the distribution in where Oregon residents live is different today than it was in 1990. She observes that today there are approximately 3,109 thousand residents in NW Oregon, 902 thousand residents in SW Oregon, 244 thousand in Central Oregon, and 102 thousand in Eastern Oregon. She knows that in 1990 the breakdown was as follows:


72.7% NW Oregon, 20.7% SW Oregon, 4.8% Central Oregon, and 2.8% Eastern Oregon.


Can she conclude that the distribution in residence is different today at a 0.05 level of significance?



a) Yes, because the p-value = .0009.


b) No, because the p-value = .0009.


c) Yes, because the p-value = .0172.


d) No, because the p-value = .0172.

Answers

Answer:

c) Yes, because the p-value = 0.0172

Step-by-step explanation:

The following table is obtained:

Categories       Observed(fo)        Expected (fe)        (fo-fe)²/fe

NW Oregon        3109           4357*0.727=3167.539       1.082

SW Oregon        902             4357*0.207=901.899           0

Central Oregon    244          4357*0.048=209.136         5.812

Eastern Oregon    102           4357*0.028=121.996         3.277

Sum =                    4357        4357                                   10.171

(1) Null and Alternative Hypotheses

The following null and alternative hypotheses need to be tested:

H0​:p1​=0.727,p2​=0.207,p3​=0.048,p4​=0.028

Ha​: Some of the population proportions differ from the values stated in the null hypothesis

This corresponds to a Chi-Square test for Goodness of Fit.

(2) Rejection Region

Based on the information provided, the significance level is α=0.05, the number of degrees of freedom is df=4−1=3, so then the rejection region for this test is R={χ2:χ2>7.815}.

(3) Test Statistics

The Chi-Squared statistic is computed as follows:

[tex]X^2=\sum^n_{i=1}\frac{(O_i-E_i)^2}{y} \\\\= 1.082+0+5.812 +3.277 = 10.171[/tex]

(4) Decision about the null hypothesis

Since it is observed that

[tex]X^2 = 10.171 > X_c^2 = 7.815[/tex]

it is then concluded that the null hypothesis is rejected.

(5) Conclusion

It is concluded that the null hypothesis H_o is rejected. Therefore, there is enough evidence to claim that some of the population proportions differ from those stated in the null hypothesis, at the α=0.05 significance level.

find the slope of the line (-5,2) and (4,2)

Answers

Answer:

The answer is 0

Step-by-step explanation:

A survey showed that 82​% of adults need correction​ (eyeglasses, contacts,​ surgery, etc.) for their eyesight. If 15 adults are randomly​ selected, find the probability that no more than 1 of them need correction for their eyesight. Is 1 a significantly low number of adults requiring eyesight​ correction?

Answers

Answer:

[tex] P(X \leq 1)= P(X=0) +P(X=1) [/tex]

And using the probability mass function we can find the individual probabiities

[tex]P(X=0)=(15C0)(0.82)^0 (1-0.82)^{15-0}=6.75x10^{-12}[/tex]

[tex]P(X=1)=(15C1)(0.82)^1 (1-0.82)^{15-1}=4.61x10^{-10}[/tex]

And replacing we got:

[tex] P(X \leq 1)= P(X=0) +P(X=1)= 4.68x10^{-10}[/tex]

And for this case yes we can conclude that 1 a significantly low number of adults requiring eyesight​ correction in a sample of 15 since the probability obtained is very near to 0

Step-by-step explanation:

Let X the random variable of interest "number of adults who need correction", on this case we now that:

[tex]X \sim Binom(n=15, p=0.82)[/tex]

The probability mass function for the Binomial distribution is given as:

[tex]P(X)=(nCx)(p)^x (1-p)^{n-x}[/tex]

Where (nCx) means combinatory and it's given by this formula:

[tex]nCx=\frac{n!}{(n-x)! x!}[/tex]

We want to find this probability:

[tex] P(X \leq 1)= P(X=0) +P(X=1) [/tex]

And using the probability mass function we can find the individual probabiities

[tex]P(X=0)=(15C0)(0.82)^0 (1-0.82)^{15-0}=6.75x10^{-12}[/tex]

[tex]P(X=1)=(15C1)(0.82)^1 (1-0.82)^{15-1}=4.61x10^{-10}[/tex]

And replacing we got:

[tex] P(X \leq 1)= P(X=0) +P(X=1)= 4.68x10^{-10}[/tex]

And for this case yes we can conclude that 1 a significantly low number of adults requiring eyesight​ correction in a sample of 15 since the probability obtained is very near to 0

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