Answer:
a. 0.4129 = 41.29% of the bank's Visa cardholders pay more than 29 dollars in interest.
b. 0.1867 = 18.67% of the bank's Visa cardholders pay more than 35 dollars in interest.
c. 0.0742 = 7.42% of the bank's Visa cardholders pay less than 14 dollars in interest.
d. An interest payment of $35.2 is exceeded by only 18% of the bank's Visa cardholders.
Step-by-step explanation:
Normal Probability Distribution
Problems of normal distributions can be solved using the z-score formula.
In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.
Mean of 27 dollars and a standard deviation of 9 dollars.
This means that [tex]\mu = 27, \sigma = 9[/tex]
A. What proportion of the bank's Visa cardholders pay more than 29 dollars in interest?
This is 1 subtracted by the p-value of Z when X = 29, so:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{29 - 27}{9}[/tex]
[tex]Z = 0.22[/tex]
[tex]Z = 0.22[/tex] has a p-value of 0.5871.
1 - 0.5871 = 0.4129
0.4129 = 41.29% of the bank's Visa cardholders pay more than 29 dollars in interest.
B. What proportion of the bank's Visa cardholders pay more than 35 dollars in interest?
This is 1 subtracted by the p-value of Z when X = 35, so:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{35 - 27}{9}[/tex]
[tex]Z = 0.89[/tex]
[tex]Z = 0.89[/tex] has a p-value of 0.8133.
1 - 0.8133 = 0.1867
0.1867 = 18.67% of the bank's Visa cardholders pay more than 35 dollars in interest.
C. What proportion of the bank's Visa cardholders pay less than 14 dollars in interest?
This is the p-value of Z when X = 14. So
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{14 - 27}{9}[/tex]
[tex]Z = -1.445[/tex]
[tex]Z = -1.445[/tex] has a p-value of 0.0742.
0.0742 = 7.42% of the bank's Visa cardholders pay less than 14 dollars in interest.
D. What interest payment is exceeded by only 18% of the bank's Visa cardholders?
This is the 100 - 18 = 82nd percentile, which is X when Z has a p-value of 0.82, so X when Z = 0.915.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]0.915 = \frac{X - 27}{9}[/tex]
[tex]X - 27 = 0.915*9[/tex]
[tex]X = 35.2[/tex]
An interest payment of $35.2 is exceeded by only 18% of the bank's Visa cardholders.
The critical value of F for an upper tail test at a 0.05 significance level when there is a sample size of 21 for the sample with the smaller variance and there is a sample size of 9 for the sample with the larger sample variance is _____. a. 2.94 b. 2.45 c. 2.10 d. 2.37
Answer:
2.45
Step-by-step explanation:
Given that :
α = 0.05
Larger sample variance= numerator, sample size = 9
Smaller sample variance = denominator, sample size = 21
Hence,
DFnumerator = n - 1 = 9 - 1 = 8
DFdenominator = n - 1 = 21 - 1 = 20
Critical value for upper tail test using the F distribution table at α = 0.05 ; DFnumerator on horizontal ; Df denominator as vertical ;
F critical = 2.447
F critical = 2.45
Write a quadratic equation in standard form that has two solutions, 9 and -2
(the leading coefficient must be 1.)
Which is equivalent to 10’6
Answer:
35/5 (if you mean 10.6)
1000000 (if you mean 10 to the sixth power)
0.000001 (if you mean 10/6)
Answer:
There are 126 inches in 10'6
Step-by-step explanation:
take our feet and multiply the value by 12
According to an independent research, a point estimate of the proportion of U.S. consumers of black tea is p = 0.76. Calculate the sample size needed to be 95% confident that the error in estimating the true value of p is less than 0.015? Use the z-value rounded to two decimal places to obtain the answer. 4072.69
Answer:
The sample size needed is 3115.
Step-by-step explanation:
In a sample with a number n of people surveyed with a probability of a success of [tex]\pi[/tex], and a confidence level of [tex]1-\alpha[/tex], we have the following confidence interval of proportions.
[tex]\pi \pm z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]
In which
z is the z-score that has a p-value of [tex]1 - \frac{\alpha}{2}[/tex].
The margin of error is:
[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]
Point estimate:
[tex]\pi = 0.76[/tex]
95% confidence level
So [tex]\alpha = 0.05[/tex], z is the value of Z that has a p-value of [tex]1 - \frac{0.05}{2} = 0.975[/tex], so [tex]Z = 1.96[/tex].
Calculate the sample size needed to be 95% confident that the error in estimating the true value of p is less than 0.015?
This is n for which M = 0.015. So
[tex]M = z\sqrt{\frac{\pi(1-\pi)}{n}}[/tex]
[tex]0.015 = 1.96\sqrt{\frac{0.76*0.24}{n}}[/tex]
[tex]0.015\sqrt{n} = 1.96\sqrt{0.76*0.24}[/tex]
[tex]\sqrt{n} = \frac{1.96\sqrt{0.76*0.24}}{0.015}[/tex]
[tex](\sqrt{n})^2 = (\frac{1.96\sqrt{0.76*0.24}}{0.015})^2[/tex]
[tex]n = 3114.26[/tex]
Rounding up:
The sample size needed is 3115.
Kendall wants to estimate the percentage of vegetarians who are also vegan. She surveys 150 vegetarians and finds that 45 are vegan. Find the margin of error for the confidence interval for the population proportion with a 95% confidence level.
Answer:
0.0733364
Step-by-step explanation:
Given :
Number of vegans = x ;
Sample size, n = 150
Zα/2 ; Zcritical at 95% = 1.96
p = x / n = 45 / 150 = 0.3
Margin of Error :
Zcritical * √(p(1 - p) / n)
1.96 * √(0.3(1 - 0.3) / 150)
Margin of Error :
1.96 * √(0.3 * 0.7) / 150)
1.96 * √0.0014
Margin of Error = 0.0733364
help with math it would help with summer school
Answer:
[tex]A). \ \ \frac{(72\pi + 9\pi )}{4} \ in^2[/tex]
Step-by-step explanation:
Given;
radius of the circle, r = 9 inches
the part of the circle cut out = one-forth of the complete circle
the angle of the sector cut out θ= ¹/₄ x 360 = 90⁰
Area of the complete circle = πr² = π x 9² = 81π in²
Area of the sector cut out = [tex]= \frac{\theta }{360} \pi r^2 = \frac{90}{360} \pi (9^2) = \frac{1}{4} \times 81\pi = \frac{81 \pi}{4} = \frac{(72\pi + 9\pi)}{4} \ in^2[/tex]
Therefore, the only correct option is A. [tex]\frac{(72\pi + 9\pi )}{4} \ in^2[/tex]
find the value of the trigonometric ratio
Answer:
15/17
Step-by-step explanation:
sinA = CB/CA =15/17
Answer:
15/17Step-by-step explanation:
sine = opposite / hypotenusesin A = BC/ACsin A = 15/17In a survey of 938 U.S. adults, 235 say the phrase "you know" is the most annoying conversational phrase. Let p be the proportion of the population who respond yes. Use the given information to Construct a 90% confidence interval for p.
Answer:
CI 90% = ( 0.227 ; 0.273)
Step-by-step explanation:
Information from the survey:
sample size n = 938
number of people with yes answer x = 235
proportion of people p = 235/938
p = 0.25 then q = 1 - 0.25 q = 0.75
Confidence Interval 90 % .
CI 90% = ( p ± SE )
CI 90% = ( p ± z(c)*√(p*q)/n)
CI 90 % then significance level is α = 10 % α/2 = 5%
α/2 = 0.05 we find in z-table z (c) = 1.64
√(p*q)/n = √0.25*0.75/938
√(p*q)/n = √0.000199
√(p*q)/n = 0.014
CI 90% = ( p ± z(c)*√(p*q)/n)
CI 90% = ( 0.25 ± 1.64*0.014)
CI 90% = ( 0.25 ± 0.023 )
CI 90% = ( 0.227 ; 0.273)
how to work this fraction 4/11+5/22+3/44
Answer:
29/44
Step-by-step explanation:
[tex]\frac{4}{11} +\frac{5}{22} +\frac{3}{44} =\\[/tex]
-find the common denominator
[tex]\frac{4*4}{4*11} + \frac{2*5}{2*22} +\frac{3}{44} =[/tex]
[tex]\frac{16}{44} +\frac{10}{44} +\frac{3}{44} =[/tex]
-add the fractions and solve
[tex]\frac{16+10+3}{44} =[/tex]
[tex]\frac{29}{44}[/tex]
What steps are included in the construction of a perpendicular line through a point on a line
Answer:
A perpendicular line from a given point
Place your compass on the given point (point P).
From each arc on the line, draw another arc on the opposite side of the line from the given point (P).
Use your ruler to join the given point (P) to the point where the arcs intersect (Q).
Answer:
get the slope of original line
take the inverse of the slope and multiply by -1 (2/3 becomes - 3/2)
y = -b/a x + b
plug on y & x using the given point
calculate the "B"
go back to the y = -b/ax + calculated "B"
that is your answer
Step-by-step explanation:
Working at home: According to the U.S Census Bureau, 41% of men who worked at home were college graduates. In a sample of 506 women who worked at home, 166 were college graduates. Part: 0 / 30 of 3 Parts Complete Part 1 of 3 (a) Find a point estimate for the proportion of college graduates among women who work at home. Round the answer to at least three decimal places. The point estimate for the proportion of college graduates among women who work at home is .
Solution :
a). The point estimate of proportion of college graduates among women who work at home,
[tex]$\hat p =\frac{166}{506}$[/tex]
= 0.3281
99.5% confidence interval
[tex]$=\left( \hat p \pm Z_{0.005/2} \sqrt{\frac{\hat p (1- \hat p)}{n}} \right)$[/tex]
[tex]$=\left( 0.3281 \pm 2.81 \sqrt{\frac{0.3281 \times (1- 0.3281)}{506}} \right)$[/tex]
[tex]$=(0.3281 \pm 0.0586)$[/tex]
[tex]$=(0.2695, 0.3867)$[/tex]
Most linear graphs are direct variation, unless they go through the origin.
True
False
Pam’s eye-level height is 324 ft above sea level, and Adam’s eye-level height is 400 ft above sea level. How much farther can Adam see to the horizon? Use the formula d = StartRoot StartFraction 3 h Over 2 EndFraction EndRoot, with d being the distance they can see in miles and h being their eye-level height in feet.
1 mi
StartRoot 6 EndRoot mi
19 mi
19 StartRoot 6 EndRoot mi
9514 1404 393
Answer:
(b) √6 mi
Step-by-step explanation:
Putting the given heights into the formula, we find the difference in distances to be ...
Adam' horizon distance = √((3/2)(400)) = 10√6 . . . miles
Pam's horizon distance = √((3/2)(324)) = 9√6 . . . . miles
Then the difference Adam can see is farther than the distance Pam can see by ...
10√6 -9√6 = √6 . . . miles
find two ordered pairs for x-4y=2
Answer:
x-4y=2 can be written as y=(x-2)/4
(2,0) when x=2, y=0 and (6,1) when x=6, y=1
Martina got a prepaid debit card with $20 on it. For her first purchase with the card, she bought some bulk ribbon at a craft store. The price of the ribbon was 19 cents per yard. If after that purchase there was $15.63 left on the card, how many yards of ribbon did Martina buy?
Phone card = $20
You need to minus 17.92 from 20 = $2.08
$2.08 / 0.13 = how many minutes
= 16
what should be added to 7777 to get 4999
Identify the terminal point for a 45° angle in a unit circle.
O A (231)
O B.
O c.
V2 72
Answer:
D
Step-by-step explanation:
x- coordinate = cos45° = [tex]\frac{1}{\sqrt{2} }[/tex] = [tex]\frac{\sqrt{2} }{2}[/tex]
y- coordinate = sin45° = [tex]\frac{1}{\sqrt{2} }[/tex] = [tex]\frac{\sqrt{2} }{2}[/tex]
That is ( [tex]\frac{\sqrt{2} }{2}[/tex] , [tex]\frac{\sqrt{2} }{2}[/tex] ) → D
The picture shows the graph of the movement of a pedestrian (B) and a bicyclist (A). Using the graph, answer the following questions: How many times is the distance covered by the bicyclist for 1 hour greater than the distance covered by the pedestrian for the same amount of time
Answer:
15km
Step-by-step explanation:
hope it is well understood
what is 127/14 simplified?
Answer:
9 1/14
Step-by-step explanation:
127 ÷14
127 divided by 14 equals
9 with a remainder of 1
Consider a political discussion group consisting of 6 Democrats, 6 Republicans, and 4 Independents. Suppose that two group members are randomly selected, in succession, to attend a political convention. Find the probability of selecting an Independent and then a Republican.
___.
(Type an integer or a simplified fraction.)
Answer:
10/16=5/8
6+6+4=16
The probability is 5/8
3. A rectangular sheet of paper is 121/2 cm long and 102/3 cm wide. Find its perimeter .
Answer:189 cm
Step-by-step explanation:
the area of a perimeter is 2L+2w while l is length and w is width
in this case, 121/2 is the length and 102/3 is the width.
using the formula it should be
121/2 x 2 +102/3 x
= 121 + 68
=189 cm
i hope this helps.
verify cos(a+b)/cos(a) cos(b) =1-tan(a) tan(b)
The identity as been verified/proved as:
[tex]1 - \tan\ a\ tan\ b = 1 - \tan\ a\ tan\ b[/tex]
Given that:
[tex]\frac{\cos(a + b)}{\cos\ a\cos b} = 1 - \tan\ a\ tan\ b[/tex]
Apply cosine identity to the numerator
[tex]\frac{\cos\ a\ cos\ b - \sin a\ sin\ b}{\cos\ a\cos b} = 1 - \tan\ a\ tan\ b[/tex]
Split the fraction:
[tex]\frac{\cos\ a\ cos\ b}{\cos\ a\cos b} - \frac{\sin a\ sin\ b}{\cos\ a\cos b} = 1 - \tan\ a\ tan\ b[/tex]
Cancel out common terms
[tex]1 - \frac{\sin a\ sin\ b}{\cos\ a\cos b} = 1 - \tan\ a\ tan\ b[/tex]
In trigonometry, we have:
[tex]\frac{\sin \theta}{\cos \theta} = \tan \theta[/tex]
So, the equation becomes:
[tex]1 - \tan\ a\ tan\ b = 1 - \tan\ a\ tan\ b[/tex]
Hence, the identity has been verified
Read more about trigonometry identities at:
https://brainly.com/question/21055284
The sample size needed to estimate the difference between two population proportions to within a margin of error E with a significance level of ? can be found as follows. In the expression
E=z?p1(1?p1)n1+p2(1?p2)n2?????????????????????????
we replace both n1 and n2 by n (assuming that both samples have the same size) and replace each of p1, and p2, by 0.5 (because their values are not known). Then we solve for n, and get
n=(z?)22E2.
Finally, increase the value of n to the next larger integer number.
Use the above formula and Table C to find the size of each sample needed to estimate the difference between the proportions of boys and girls under 10 years old who are afraid of spiders. Assume that we want a 99% confidence level and that the error is smaller than 0.07.
n=______.
Answer:
n= (z)22E2
n=10× 99%÷ 0.07
A pie is cut into 9 equal pieces. If all but 2 pieces are eaten, how much of the pie remains?
Answer:
is 7 pieces are remian
Step-by-step explanation:
9: total
2: eaten
so, 9-2 = 7 pieces?
20 students were asked “How many pets do you have in your household?” and the following data was collected:
2 1 0 3 1 2 1 3 4 0
0 2 2 0 1 1 0 1 0 1
Select the type of the data ?
CHOOSE ONE PLEASE HELP
Discrete
Continuous
Categorical
Qualitative
Answer:
Discrete
Discrete data represent items that can be counted; they take on possible values that can be listed out. The list of possible values may be fixed (also called finite); or it may go from 0, 1, 2, on to infinity (making it countably infinite).
if 2x + 1=7 what is the value of x
Answer:
x=3
Step-by-step explanation:
2x+1=7
2x=7-1
2x=6
x=6/2
x=3
Answer:
Solution,
2x + 1=7
or 2x = 7 - 1
or, 2x= 6
or, x = 6
2
or, x = 3
.:. x = 3
Which of the following statements correctly explains the meaning of the term "95% confidence" in the confidence statement? The interval 52% to 58% is based on a procedure that includes a sample representing 95% of population. The interval 52% to 58% is based on a procedure that includes the true population value 95% of the time. The interval 52% to 58% is based on a procedure that produces a margin of error (of ±3) 95% of the time.
Answer:
The interval 52% to 58% is based on a procedure that includes the true population value 95% of the time.
Step-by-step explanation:
x% confidence interval:
A confidence interval is built from a sample, has bounds a and b, and has a confidence level of x%. It means that we are x% confident that the population mean is between a and b.
95% confidence
We are 95% sure that the interval contains the true mean/proportion, and thus, the correct option is:
The interval 52% to 58% is based on a procedure that includes the true population value 95% of the time.
Team A scored 30 points less than four times the number of points that Team B scored. Team C scored 61 points more than half of the number of points that Team B scored. If Team A and Team C shared in the victory, having earned the same number of points, how many more points did each team have than Team B?
Answer:
team a and team c scored 74 points which is 48 points more than team b, scoring 26 points.
Step-by-step explanation:
Please if anyone can help me
PLEASE HELPPPPPPPPPPPPPP
Answer:
False
Step-by-step explanation:
To find the inverse of a function, switch the variables and solve for y.
The inverse of f(n)=-(n+1)^3:
[tex]y=-(n+1)^3[/tex]
[tex]n=-(y+1)^3[/tex]
[tex]\sqrt[3]{n} =-(y+1)[/tex]
[tex]\sqrt[3]{n} =-y-1[/tex]
[tex]\sqrt[3]{n} +1=-y[/tex][tex]-(\sqrt[3]{n} +1)=y[/tex]
[tex]-\sqrt[3]{n} -1=y[/tex]
Answer:
False
Step-by-step explanation: