Lucy wants to buy a small car. She speaks to her bank and they offer her a loan of £5000 over 5 years at a simple interest rate of 5%. How much simple interest will Lucy have to pay back in total?

Answers

Answer 1

Simple interest at a rate of 5% per year for five years on a principle of $5,000 has resulted in a total accrual of $6,250.00, which includes both the principal and interest.

What is simple interest?

To calculate simple interest, multiply the daily interest rate by the principle and the number of days between payments. Consumers that make on-time or early monthly loan payments benefit from simple interest. Most loans with simple interest rates are auto loans and short-term personal loans.

A = $6,250.00

I = A - P = $1,250.00

Formula: A = P(1 + rt)

First, convert R percent to r decimal, which is equal to 5%/100 or 0.05 per year.

Fixing our equation

A = 5000(1 + (0.05 × 5)) = 6250 \sA = $6,250.00

Simple interest at a rate of 5% per year for five years on a principle of $5,000 has resulted in a total accrual of $6,250.00, which includes both the principal and interest.

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Related Questions

what number is 16 2/3% more than 240

Answers

280 is the number which is 16 2/3% more than 240

What is the percentage?

It's the ratio of two integers stated as a fraction of a hundred parts. It is a metric for comparing two sets of data, and it is expressed as a percentage using the percent symbol.

We would receive 16 times 3 plus 2 if we converted 16 2/3 to an improper fraction. Then, we would divide this number by 3, getting 50/3, which is equal to 50/3 divided by 100, or 1/6.

(1/6) th of 240 = 240/6 = 40

40 more than 240 = 280

So, 280 is the number which is 16 2/3% more than 240

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Need Help with this question.

Answers

Answer:

x=5

Step-by-step explanation:

If p and q are parallel, then the two angles in question should be equal to one another.

So,

(3x+15)°=(8x-10)°

(3x+15)°+10°=(8x-10)°+10°

(3x+25)°=(8x)°

(3x+25)°-(3x)°=(8x)°-(3x)°

25°=5x°

5=x

So, the two angles should be (8(5)-10)° and (3(5)+15)°.  Both of these expressions equal 30°.  This makes sense, as the illustration shows that the two angles are acute.

a 9 foot ladder is leaning against a wall. if the top of the ladder is sliding down the wall at a rate of

Answers

The rate at which the top of ladder slide down is 8.48 ft/s. The negative sign implies that the height is reducing with time which is true because it is sliding down.

The well-known geometric theorem that the sum of the squares on the legs of a right triangle is equal to the square on the hypotenuse (the side opposite the right angle)—or, in familiar algebraic notation, [tex]a^{2}+b^{2} =c^{2}[/tex]

Given that,

Length of the ladder is, [tex]l=9ft[/tex]

Let the top of ladder be at height of 'h' and the bottom of the ladder be at a distance of 'b' from the wall.

Now, from triangle ABC,

[tex]AB^{2} +BC^{2} =AC^{2}[/tex]

[tex]h^{2} +b^{2} =l^{2}[/tex]

[tex]h^{2} +b^{2}[/tex] = [tex]9^{2}[/tex]

[tex]h^{2} +b^{2}[/tex] = 81               (Equation-1)

Differentiating the above equation with respect to time, 't'.

So,

We can write,

[tex]\frac{d}{dt} (h^{2}+b^{2} )[/tex] = [tex]\frac{d}{dt}[/tex] (81)

[tex]\frac{d}{dt} (h^{2}+b^{2} )[/tex] = 0

[tex]2h\frac{dh}{dt} +2b\frac{db}{dt}[/tex] = 0

[tex]h\frac{dh}{dt} +b\frac{db}{dt}[/tex] = 0                (Equation-2)

In the above equation the term [tex]\frac{dh}{dt}[/tex] is the rate at which top of ladder slides down and [tex]\frac{db}{dt}[/tex] is the rate at which bottom of ladder slides away.

Let us assume,

h = 3 ft and db/dt = 3 ft/s

We can substitute values in equation-1,

[tex]3^{2} +b^{2}[/tex] = 81

9 + [tex]b^{2}[/tex] = 81

[tex]b^{2}[/tex] = 81-9

[tex]b^{2}[/tex] = 72

b = [tex]\sqrt{72}[/tex]

b = 8.48 ft

Now, plug in all the given values in equation (2) and solve for [tex]\frac{dh}{dt}[/tex]

3*[tex]\frac{dh}{dt}[/tex] + 8.48 * 3 = 0

3*[tex]\frac{dh}{dt}[/tex] + 25.44 = 0

3*[tex]\frac{dh}{dt}[/tex] = - 25.44

[tex]\frac{dh}{dt}[/tex] = -25.44/3

[tex]\frac{dh}{dt}[/tex] = - 8.48 ft/s

Therefore,

The rate at which the top of ladder slide down is 8.48 ft/s. The negative sign implies that the height is reducing with time which is true because it is sliding down.

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You brought popular game on sale for $20 and want to sell it on eBay. You want to mark up the toy 60%. What did you sell it for?

Answers

Answer is $32

20*.6=12
12+20=32

Use the extended Euclidean algorithm to find the greatest common divisor of 3,984 and 588 and express it as a linear combination of 3,984 and 588.
Step 1: Find
q1
and
r1
so that
3,984 = 588 · q1 + r1,
where
0 ≤ r1 < 588.

Answers

The greatest common divisor is 12. The linear combination of 3984 and 588 is given by 12 = 61×588 - 9×3984.

The extended Euclidean algorithm is an algorithm to compute integers x and y such that: ax+by=gcd(a,b)The extended Euclidean algorithm can be viewed as the reciprocal of modular exponentiation.

By reversing the steps in the Euclidean algorithm, it is possible to find these integers x and y. The whole idea is to start with the GCD and recursively work our way backwards. This can be done by treating the numbers as variables until we end up with an expression that is a linear combination of our initial numbers.

First use Euclid's algorithm to find the GCD:

3984 = 588 ×6 + 456

588 = 456×1 +132

456= 132 ×3 + 60

132 =  60×2 +12

60 = 12×5+0

The last non-zero remainder is 12.

Thus, the greatest common divisor is 12.

Now we use the extended algorithm:

12 = 132 +(-2)×60

    = 132 + (-2)×(456 + (-3)×132))

    = (-2)×456 + 7×132

    = (-2)×456 + 7×(588 +(-1)×456))

   = 7×588 + (-9)×(3984 +(-6)×588))

   = 61×588 + (-9)×3984

Thus, a = -9 and b = 61.

Thus, the linear combination of 3984 and 588 is given by 12 = 61×588 - 9×3984.

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A random sample of 75 students at the University of Minnesota spend an average of $614 per month in rent
with a standard deviation of $219. The distribution is moderately skewed to the high end. Which of the
following statements are true?
i. 95% of students at the university spend $564 to $664 on rent.
ii. We are 95% confident that the average rent for students at the university is between $564 and $664.
iii. Because we cannot examine other characteristics of the students in the random sample, it is not
advisable to construct a confidence interval.
Oi only
O ii only
O iii only
Oi and ii
Oi, ii, and iii
Check Answer

Answers

The correct option is b) ii only

From the given data we can construct confidence interval. So, the statement that we are 95% confident that the average rent for students at the university is between $ 564 and $664 is true.

What is meant by distribution?

The methodical effort to account for how the owners of the labor, capital, and land inputs divide the country's income. Rent, wages, and profit margins have historically been the focus of economists' research into how these expenses and margins are set.

What are the 3 types of distribution?

The Three Types of Distribution

Intensive Distribution: As many outlets as possible. The goal of intensive distribution is to penetrate as much of the market as possible.Selective Distribution: Select outlets in specific locations. ...Exclusive Distribution: Limited outlets.

What are the 5 factors of distribution?

Market, Product, Company, Channel, and Environment Related Factors are 5 Important Factors Affecting Distribution Channel Selection. The distribution of goods can be done through a variety of routes.

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Fully simplify.
(3x^2y^2)^3
(3x
2
y
2
)
3

Answers

Answer:

[tex]27x^6y^6[/tex]

Step-by-step explanation:

The formatting of the question is a bit confusing, but if the expression is [tex](3x^2y^2)^3[/tex], use the power of a product exponent rule [tex](ab)^m=(a)^m(b)^m[/tex].  So,

[tex](3x^2y^2)^3=(3)^3(x^2)^3(y^2)^3[/tex].

Next, use the power of a power exponent rule [tex](a^m)^n=a^{m*n}[/tex].  So,

[tex](3)^3(x^2)^3(y^2)^3=27(x^{2*3})(y^{2*3})=27x^6y^6[/tex]

the temperature of city changed by total of -12 degrees Celsius over 2 weeks period. the temperature changed by the same amount each week. Part A write an expression to show the average change in the temperature of the city each week. Part B simply the expression and explain, using words, what your answer mean ​

Answers

Answer:

The number of degrees Celsius goes down 6 every week. (-6)

Step-by-step explanation:

If the city's temperature changed the same every week, and over the period of 2 weeks it changed -12 degrees Celsius, we need to figure out how much it changed every week (c). We can do this by dividing the number of weeks (w), by the total number of Celsius it changed (t).

The equation will look something like this:

w ÷ t = c

Fitting the numbers into this equation will look something like this:

2 ÷ -12 = -6

Every week, it changed -6 degrees Celsius.

Simplifying the expression, every week it changed -6 degrees Celsius. We know this because the temperature changes the same amount every week. So if the total amount is -12, we have to divide that by 2 to get -6.

an engineer says a pipe should be 7/10 centimeters long. The pipe is 9/10 centimeter long. How much of the pipe needs to be cut off? write an equation.

Answers

Answer: x = 9/10 - 7/10

Step-by-step explanation:

which graph represents the equation y =1/3 x + 2

Answers

The graph of the equation y = (1/3)x + 2 is passing through points  

(3, 3) and ( -3, 1).

What is a graph?

The set of ordered pairings (x, y) where f(x) = y makes up the graph of a function.

These pairs are Cartesian coordinates of points in two-dimensional space and so constitute a subset of this plane in the general case when f(x) are real values.

Given, A linear equation y = (1/3)x + 2.

Now to graph the equation we'll simply put some arbitrary values of x which will correspond to some values of y and plot them then we'll join them with a straightedge.

When x = 3, y = 3 ⇒ (3, 3).

When x = - 3, y = 1 ⇒( -3, 1).

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Find the Probability of, A King, ace, jack of clubs or queen of diamonds appears in drawing a single card from a well shuffled ordinary deck of 52 cards.

Answers

The Probability of, a ace, jack of clubs, King or queen of diamonds appears in drawing a single card from a well shuffled ordinary deck of 52 cards is 4/13.

As per the given data,

we need to find out the probability of, King, ace, jack of clubs or queen of diamonds appears in drawing a single card from a well shuffled ordinary deck of 52 cards.

We know that,

Probability(Event) =Number of Favorable Outcomes/Total number of

                                Outcomes = x/n.    

Total number of Outcomes is 52 (given)

So,  we will calculate Number of Favorable Outcomes as follows:

The total no. of King in deck of card is 4

The total no. of queen in deck of card is 4.

The total no. of ace in  deck of card is 4.

The total no. of jack in deck of card is 4.

Therefore, the number of favorable outcomes is 4+4+4+4= 16

Now, putting values in the above stated formula of probability, we get:

Probability= 16/52=4/13

Therefore, the probability of pulling a King, Ace, Jack of Clubs, or Queen of Diamonds from a 52-card standard deck that has been properly shuffled is 4/13.

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What is BC?

BC= units?

Answers

The value of BC = 25 using properties of triangle.

What are properties of triangle ?

Let us discuss here some of the properties of triangles.

1. A triangle has three sides and three angles.

2. The sum of the angles of a triangle is always 180 degrees.

3. The exterior angles of a triangle always add up to 360 degrees.

4. The sum of consecutive interior and exterior angle is supplementary.

Properties for isosceles:

Isosceles triangles are those triangles that have at least two sides of equal measure.

1. Two equal sides and two equal angles.

2. The two equal sides of an isosceles triangle are called the legs and the angle between them is called the vertex angle or apex angle.

3. The side opposite the vertex angle is called the base and base angles are equal.

Using 1st property,

in given triangle two angles are equal then opposite side will also be equal.

So, AB = AC

i.e. 4x+4 = 6x-14

4+14 = 6x-4x

18 = 2x

x = 9

Putting value of x in BC

BC = 2*9 +7

     = 18+7

     = 25.

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The function f(x)=9.25x + 3 represents the amount radda earns dog walking for X hours

Answers

Since the function f(x) = 9.25x + 3 represents the amount of money that Radda earns dog walking for x hours, Radda's earnings would increase by $12.25 each hour.

How to write a linear function for the total amount of money Radda earns?

In Mathematics, a linear function is sometimes referred to as an expression or the slope-intercept form of a straight line and it can be used to model (represent) the total amount of money that is being earned by Radda for dog walking;

T = mx + b

Where:

T represents the total amount of money earned.m represents the rate of change (slope) per hour.x represents the number of hours or time.b represents the y-intercept or initial amount.

Therefore, the required linear function that represents the total amount of money that is being earned by Radda for dog walking per hour is given by this mathematical expression;

f(x) = T = 9.25x + 3

When the number of hours Radda spend dog walking is equal to 1 (x = 1), the rate of change(slope) can be calculated as follows;

f(1) = T = 9.25(1) + 3

f(1) = T = 9.25 + 3

f(1) = T = $12.25.

In this context, we can reasonably infer and logically conclude that Radda's earnings increases each hour by $12.25.

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Complete Question:

The function f(x) = 9.25x + 3 represents the amount Radda earns dog walking for x hours. How much does Radda's earnings increase each hour?

Convert the hexadecimal expansion of each of these integers to a binary expansion.a) (80E)_{16} b) (135AB)_{16} c) (ABBA)_{16} d) (DEFACED)_{16}

Answers

The binary representation of each of these hexadecimal numbers is given as follows:

a) 80E = 100000001110

b) 135AB = 00010011010110101011

c) ABBA = 1010101110111010

d) DEFACED = 1101111011111010110011101101

How to convert from hexadecimal to binary?

To convert a number from hexadecimal to binary, each hexadecimal character is converted to it's respective four bit binary code, given as follows:

0 = 00001 = 00012 = 00103 = 00114 = 00105 = 01016 = 01107 = 01118 = 10009 = 1001A = 1010B = 1011C = 1010D = 1101E = 1110F = F111

Then, for example:

80E hexadecimal = 100000001110.

As:

8 = 10000 = 0000E = 1110

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If 1+3+5+7+…+49 =625, what is 2+4+6+8+…+50?

Answers

If 1+3+5+7+…+49 =625, then the value of 2+4+6+8+…+50 = 650.

What is arithmetic series?

A series of numbers called an arithmetic progression or sequence has a constant difference between the terms. An arithmetic progression with a common difference of 2 is found, for instance, in the numbers 5, 7, 9, 11, 13, and 15.

Here, we have

Given:  1+3+5+7+…+49 =625

We have to find the value of 2+4+6+8+…+50.

Here, we calculate the sum of all even numbers and we get

2+4+6+8+…+50 = 650

Hence, if 1+3+5+7+…+49 =625, the value of 2+4+6+8+…+50 = 650.

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The length and height of room & 6m and 3m and its volume is 90m cube then find the breadth and cost of carpenting the floor the rate of Rs. 12 per square meter.​


Answers

The cost of the carpentering of the floor at the rate 12 rupees per square meter is 60 rupees.

What is cuboid?

A cuboid is a solid in three dimensions with six rectangular faces, eight vertices, and twelve edges. Three dimensions, including length, breadth, and height, define a cuboid. A cuboid with integer edges is referred described as being perfect.

We have the room as a cuboid.

And its length is 6 meters and height is 3 meters.

The volume of the cuboid = length x height x width

90 = 6 x 3 x width

width = 90 / 18

width = 5 meter.

To find the cost of carpentering the floor, the rate of Rs. 12 per square meter.:

12 x width = 12 x 5 = 60 rupees.

Therefore, at the rate of 12 rupees per square meter, the cost of the carpentering of the floor is 60 rupees.

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The implicational rule of inference that permits us to derive a specific instance from a universal statement isa. Existential Generalization.b. Existential Instantiation.c. Universal Generalization.d. Universal Instantiation.

Answers

Option D is the correct answer, Universal Instantiation is The implicational rule of inference that permits us to derive a specific instance from a universal statement.

It is the process of deriving an individual statement from a general one by replacing the variable with a name or another referring expression called Instantiation.

Universal Instantiation is also called universal specification or universal elimination, it is a valid rule of inference from the truth about each member of a class of individuals to the truth about a particular individual of that class.

Example: "No humans can fly. John Doe is human. Therefore John Doe can not fly."

∀xA⇒A(x↔a}

for every formula A and every term a, where A(x↔a}  is the result of substituting a for each free occurrence of x in A. A(x↔a} is an instance of

∀xA.

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Decide which of the two given prices is the better deal. You can buy laundry product in a 30 -ounce bottle for $ 6.00 or in a 24-ounce bottle for $ 4.08 .
A) not enough information
B) 24-ounce bottle for $4.08
C) equal value
D) 30-ounce bottle for $6.00

Answers

30-ounce bottle for $6.00 will have a lower unit price. The correct option is D.

The combination of numerical variables and operations expressed by the addition, subtraction, multiplication, and division signs constitutes a mathematical expression.

Numbers (constants), variables, operations, functions, brackets, punctuation, and grouping can all be represented using mathematical symbols. They can also be used to indicate other characteristics of the logical grammar, such as the operation order.

We are given that there are two conditions for bottles. A 30 -ounce bottle for $ 6.00 or in a 24-ounce bottle for $ 4.08.  The unit price for each bottle will be: The bottle having the lower price will be:-

30-ounce bottle = $6.00

One ounce bottle = 30 / 6.00 = $5.00

and

24-ounce bottle = $4.08

One ounce bottle = $24/ 4.08 = $5.88

30-ounce bottle for $6.00 will have a lower unit price. The correct option is D.

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The sum of three numbers is 96. The first number is 6 less than the second. The third number is 4 times the second. What are the numbers?

Answers

Step-by-step explanation:

x = second number

first number = x - 6

third number = 4x

x - 6 + x + 4x = 96

6x - 6 = 96

6x = 102

x = 102/6 = 17

first number = x - 6 = 17 - 6 = 11

second number = x = 17

third number = 4x = 4×17 = 68

Polly borrowed $285 for a new floor lamp. She will make 5 monthly payments of $62 to repay the loan. How much will she pay in interest?

Answers

Interest is the price you pay to borrow money or the cost you charge to lend money.

How do you calculate interest on a loan?Divide your interest rate by the number of payments you'll make that year. If you have a 6 percent interest rate and you make monthly payments, you would divide 0.06 by 12 to get 0.005. Multiply that number by your remaining loan balance to find out how much you'll pay in interest that month.If the payment plan is $62 per month for 5 months, then the whole payment will be: $310To calculate simple interest on a loan, take the principal (P) times the interest rate (R) times the loan term in years (T), then divide the total by 100. To use this formula, make sure you're expressing your interest rate as a percentage, not a decimal (i.e., a rate of 4% would go into the formula as 4, not 0.04).So, $10$ percent per annum means that $10$ percent interest will be charged yearly or annually over a principal amount or a loan. Note: If the rate of interest is $10$ percent per annum, then the interest calculated will be $10$ percent of the principal amount.

To find the difference of 310 and 285, subtract 310 from 285. This will give you the added interest cost.

310-285 = 25

So, Polly will pay $25 in interest.

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according to wine-searcher, wine critics generally use a wine-scoring scale to communicate their opinions on the relative quality of wines. wine scores range from to , with a score of indicating a great wine, indicating an outstanding wine, indicating a very good wine, indicating a good wine, indicating a mediocre wine, and below indicating that the wine is not recommended. random ratings of a pinot noir recently produced by a newly established vineyard in follow: excel file: data07-11.xlsx 87 91 86 82 72 91 60 77 80 79 83 96 a. develop a point estimate of mean wine score for this pinot noir (to decimals). 82.00 b. develop a point estimate of the standard deviation for wine scores received by this pinot noir (to decimals). 9.6389

Answers

(a) The point estimate of mean wine score for this pinot noir is 82.

(b) The point estimate of standard deviation wine score for this pinot noir is 9.6389.

Below table showing calculation of Point Estimate of Mean and Standard Deviation:

Score                                  X-X’                                  (X-X’)^2

87                                         5                                         25

91                                         9                                         81

86                                         4                                         16

82                                         0                                         0

72                                        -10                                       100

91                                         9                                         81

60                                        -22                                       484

77                                        -5                                         25

80                                        -2                                         4

79                                        -3                                         9

83                                         1                                         1

96                                         14                                       196

984                                                                                   1022

Mean(X’) = Total Score/n

n = Total number = 12

X’ = 984/12 = 82

Standard Deviation (σ) = √∑(X-X’)^2/(n-1)

σ = √1022/(12-1)

σ = √1022/ 11

σ = 9.6389

(a) The point estimate of mean wine score for this pinot noir is 82.

(b) The point estimate of standard deviation wine score for this pinot noir is 9.6389

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Helpp!! GIVING BRAINIEST

Answers

The value of the c in the function c = 19m - 15 when m=10 is 175.

What is a function?

A relationship between a number of inputs and outputs is termed a function. In a function, which is an association of inputs, each input is associated to exactly one output. Each function has a domain, range, and co-domain.

Given the function;

c = 19m - 15,

where m represents the number of months and c represents the total number of car sent to New York.

To find the value of c:

when m = 10,

Substitute the value of m to the function;

c = 19 (10) - 15

c = 190 - 15

c = 175.

Therefore, the value of c is 175.

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1. Which equation describes the line with
slope -4 and y-intercept 2?
A y=-4x+2
B y=-4x-2
C y=4x-2
D y = 4x + 2

Answers

Answer:

Step-by-step explanation:

The slope-intercept form of a linear equation is y = mx + b, where m is the slope and b is the y-intercept.

Therefore, the equation of the line with slope -4 and y-intercept 2 is y = (-4)x + 2.

Select all the points that are on the graph of the line Y=2x+5

Answers

Answer:

Some points that are on this line are:

(-7,-9) (-6,-7) (-5,-5) (-4,-3) (-3,-1) (-2,1) (-1,3) (0,5) (1,7) (2,9)

please help meeeeeeee

Answers

Answer: B & A

Step-by-step explanation: I think?

consider the value of t such that 0.05 of the area under the curve is to the right of t. step 2 of 2: assuming the degrees of freedom equals 18, select the t value from the t table.

Answers

Thus after assuming the degrees of freedom equals 18 so the t-critical value will be =2.306

Degree of freedom {df}=18

We have to calculate the t-value such that 0.05 of the area under the curve is to the right of t

It means that, [tex]$\mathrm{P}(\mathrm{T} > \mathrm{t})=0.05$[/tex]

As we know, t distribution provides the cumulative probability

As the value of the total area under the t distribution will 1

So, we can write it as:

[tex]$$\mathrm{P}(\mathrm{T} \leq \mathrm{t})=1-\mathrm{P}(\mathrm{T} > \mathrm{t})$$$\mathrm{P}(\mathrm{T} \leq \mathrm{t})=1-0.05$$=0.95$[/tex]

Now, using excel, we can easily calculate the t-critical value as follows

=T. INV ( Probability, DF)

Where Probability is the area and DF is the degree of freedom,

Now we will enter these values in excel:

=T. INV (0.95,18)

t-critical value can also be found using t table

Look up for df = 18, in very first column

Now look up for 0.05 in one tail row

Now intersect both of them to get the t-critical value

We will get it as: 2.306

So t-critical value will be =2.306

[tex]$\mathrm{P}(\mathrm{T} > 2.306)=0.05$[/tex]

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Type your answers into the boxes.
What are the next two numbers in this sequence?
45.7
46.2
46.7
47.2

Answers

Answer:

Step-by-step explanation:

Well, it seems like you're adding 5 each time so
45.7
46.2
46.7
47.7
48.2
48.7

           

URGENT!!!!

Find z such that 7% of the area under the standard normal curve lies to the right of z.

Answers

The value of z such that 7% of the area under the standard normal curve lies to the right of z is approximately -0.4

How to find z such that 7% of the area under the standard normal curve lies to the right of z?

To find the value of z such that 7% of the area under the curve lies to the right of z, we need to find the value of z such that 43% of the area lies to the left of z.

This value of z is known as the 43rd percentile of the standard normal curve.

We can use a table of the standard normal distribution, also known as the z-table, to find the value of z corresponding to the 43rd percentile.

According to the z-table, the value of z corresponding to the 43rd percentile is approximately -0.4

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Say that we have three voters deciding among seven candidates, a, b, c, d, e, f, g. Their preference orderings are as follows.
1 2 3
(Best) c f g
a b b
e c c
g g d
b a e
d d f
(W orst) f e a
a. Find the top cycle.
b. For each candidate in the top cycle, write down an agenda (a sequence of majority rule
votes) that makes that candidate win (you can write the agenda as a tree).
c. Say that the voters use the Borda count system (each voter gives 6 points to their first
choice, 5 points to their second choice, and so on) to decide among the candidates. Which
candidate wins?
d. Is the Borda count winner also the Condorcet winner?
e. Which candidate does the worst in the Borda count?
f. Say that the person who does worst in the Borda count (your answer in part e. above) is
embarrassed about their poor performance, and tries to convince another candidate to drop
out so that they are no longer the worst person. If a candidate drops out, there would be
six candidates, and hence in the Borda count system, each voter gives 5 points to their first
choice, 4 to their second choice, and so forth. If a candidate drops out, is it possible for the
person who was originally the worst to no longer be the worst? If so, which candidate should
drop out? If not, please explain why not.

Answers

A. The top cycle in this case is a -> b -> c -> a.

B. The agenda that wins the candidate is:

First vote:

a vs b -> a wins

Second voice:

versus. c -> a wins

The agenda that Candidate B wins is:

First vote:

b vs c -> b wins

Second Voice:

b vs a -> b wins

The agenda that Candidate C wins is:

First vote:

c vs a -> c wins

Second Voice:

c vs b -> c wins

C. Using the Borda count system, the candidates' scores are as follows:

a:

18 points (6 points from voter 1, 4 points from voter 2, and 8 points from voter 3)

b:

18 points (4 points from voter 1, 6 points from voter 2, and 8 points from voter 3)

c:

18 points (6 points from voter 1, 8 points from voter 2, and 4 points from voter 3)

d:

12 points (8 points from voter 1, 4 points from voter 2, and 0 points from voter 3)

e:

12 points (4 points from voter 1, 8 points from voter 2, and 0 points from voter 3)

f:

12 points (8 points from voter 1, 0 points from voter 2, and 4 points from voter 3)

g:

6 points (4 points from voter 1, 0 points from voter 2, and 2 points from voter 3)

Therefore, candidates a, b, and c tie for first place with 18 points each.

D. No, the Borda count winner is not the Condorcet winner, because the Condorcet winner is the candidate who would win in a majority rule vote against every other candidate. In this case, candidate c is the Condorcet winner, because c beats a and b in majority rule votes.

E. The candidate with the worst score in the Borda count is  g of 6 points.

F. If a candidate fails, the original worst candidate may no longer be the worst. In this case, if candidate g fails, the remaining candidates will have the following results:

a:

15 points (Voters 1 to 5 points, Voters 2 to 4 points, Voters 3 to 6 points)

b:

15 points (Voters 1 to 4 points, Voters 2 to 5 points, Voters 3 to 6 points)

c:

15 points (Voters 1 to 5 points, Voters 2 to 6 points, Voters 3 to 4 points)

Day:

10 points (voters 1 to 6 points, voters 2 to 4 points, voters 3 to 0 points)

e:

10 points (voters 1 to 4 points, voters 2 to 6 points, voters 3 to 0 points)

f:

10 points (voters 1 to 6 points, voters 2 to 0 points, voters 3 to 4 points)

In this case, g's 6-point score is not included in the calculation, so candidate g is no longer last.

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Problems 14 and 15 pertain to the following situation: a woman buys 20 one-dollar lottery tickets per month. The probability of any ticket being a winning ticket is 0.10 or 10%.
14. The probability that in any one month at least three of the tickets that the woman buys are winning tickets is about?
15. The average number of winning tickets that the woman buys each month is about?

Answers

The required probability is P(X≥3) =0.3234

The average number of winning tickets that the woman buys each month is 2.

The binomial probability distribution is a discrete type of probability distribution with two parameters, n, and p. The probability mass function of the distribution is used to get the required probability. The average value of the winning number is the expected value of the binomial distribution.

The probability mass function of the binomial distribution is defined as:

[tex]P(X=x)=\frac{n}{x} p^{x} (1-p)^{n-x} , x =0,1,2,3,....,n.[/tex]

Given that,

n = 20

p = 0.10

The required probability is P(X≥3)

P(X≥3) = 1-P(X<3)

P(X≥3)= 1-P(X=0)-P(X=1)-P(X=2)

P(X≥3)= 1- 0.1216- 0.270- 0.285

P(X≥3) = 0.3234

The mean of the distribution is defined as μ=n*p= 20*0.10= 2

The average number of winning tickets that the woman buys each month is 2.

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