7) If 20% of the people who shop at a local grocery store buy apples, what is the probability that it will take no more than 5 customers to find one who buys apples? Which simulation design has an appropriate device and a correct trial for this problem?

Kindly check the Explanation section.

Step-by-step explanation:

Step one: given the following data or parameters or infomation in the question as: "20% of the people who shop at a local grocery store buy apples" and we are asked to determine the probability that it will take no more than 5 customers to find one who buys apples. Therefore, the simulation design that has an appropriate device and a correct trial for this problem is given below in step two and step three.

Step two: use a random digits table

and select one digit numbers where 0- 1 is a customer who buys Apple and 2 - 9 is a customer that do not buy Apple.

Step 3: keep selecting one digit numbers until the numbers fall within 0 - 1. Then, record the numbers selected.

answer: the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.

step-by-step explanation:

the given rate of interest i= 85%

in calculating the monthly payment for a loan with an interest rate compounded monthly, the value of the interest rate per period we use in the formula must be in decimal form.

to convert it in decimal, we divide it by 100, we get

hence, the value should be used for i in the formula of calculation the monthly payment , the interest rate per period is 0.85.