Question

Akshay had rupees 47,115 in his account after 4 years and 9 month the bank offers an interest rate of 6.5 % per annum how much did Akshay deposit in his account initially.​

Answer 1

Step-by-step explanation:

Convergence in probability is stronger than convergence in distribution. In particular, for a sequence X1, X2, X3, ⋯ to converge to a random variable X, we must have that P(|Xn−X|≥ϵ) goes to 0 as n→∞, for any ϵ>0. To say that Xn converges in probability to X, we write

Xn

p

→

X.

Here is the formal definition of convergence in probability: