Solve the Problem. -The Probability That a Radish Seed Will Germinate Is 0.7

question 126

Multiple Choice

Solve the problem.
-The probability that a radish seed will germinate is 0.7. A gardener plants seeds in batches of 15. Find the mean for the number of seeds germinating in each batch.

• A)10.5
• B)4.5
• C)10.65
• D)13.5

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Definitions:

Reinvested

The act of using dividends, interest, or any form of returns to purchase additional shares or assets rather than taking cash.

Present Value

The current financial evaluation of receiving a sum of money or series of payments in the future, discounted by a pre-determined return rate.

Discount Rate

The interest rate used to discount future cash flows to their present value, often used in capital budgeting.

Future Cash Flows

Projected cash payments or receipts over a future period, crucial for evaluating investments and financial planning.