20 Aug The probability of an event can be determined in theory as well as in practice. In this project, you will use the formulas and methods in your readings to determine the theoretical probability. You will then conduct an experiment to see if the outcomes match what you expect to find with the theoretical probability. In this project you will:
The probability of an event can be determined in theory as well as in practice. In this project, you will use the formulas and methods in your readings to determine the theoretical probability. You will then conduct an experiment to see if the outcomes match what you expect to find with the theoretical probability.
In this project you will:
be able to use the counting principle to determine the number of possible outcomes
be able to calculate and interpret probability
To complete this project you will:
Complete the Probability Worksheet to guide you in developing your budget. Be sure to show all work!
Complete a 2 page, double spaced, APA formatted report. In the report you need to present your findings and explain your conclusions on experimental and theoretical probability. Thoughts to include in the report include: How are theoretical and experimental probability different? Why might the theoretical probability not match the experimental probability?
Be sure to cite your sources for the questions that require sources.
Length/Formatting Instructions
Length 2 pages, 400-500 words
Font 12 point , Calibri Font, no more than 1″ margins
Program/File Type Submit in Word
M4 Assignment: Financial Statement
Financial Report
Money is a central concept for everyone no matter what age you are. In this project you will explore exponents using the compound interest formula to make conclusions on investments.
In this project you will:
Use exponents to calculate the amount of interest earned on an investment.
Evaluate formulas with exponents.
Convert interest rates to decimals.
Apply the order of operations.
To complete this project you will:
Complete the Financial Report Worksheet to guide you in developing your budget. Be sure to show all work!
Complete a 2 page, double spaced, APA formatted report. In the report you need to present your findings and explain your conclusions on interest rates and compounding frequency. Thoughts to include in the report include: Is a savings account a good way to earn interest? When looking at opening a savings account what should you look for: higher interest rate or more frequent compounding?
Be sure to cite your sources for the interest rates from the chosen financial institution!
Length/Formatting Instructions
Length 2 pages, 400-500 words
Font 12 point, Calibri Font, no more than 1″ margins
Program/File Type Submit in Word
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