Question
If $500 is borrowed with an interest of 21.0% compounded monthly, what is the total amount of money needed to pay it
back in 1 year? Round your answer to the nearest dollar. Do not round at any other point in the solving process; only round
your final answer.

Answers

Answer 1

Answer:

  $558.68

Step-by-step explanation:

The amount of each monthly payment is given by the amortization formula:

  A = P(r/n)/(1 -(1 +r/n)^(-nt)

where P is the principal borrowed, r is the annual rate, n is the number of times per year interest is compounded, and t is the number of years.

We want to find nA where we have n=12, r=0.21, t=1, P=500. Filling in these values, we get ...

  nA = Pr/(1 -(1 +r/n)^-n) = $500(0.21)/(1 -1.0175^-12) = $558.68

The total amount needed to repay the loan in 1 year is $558.68.

Answer 2

Answer:

$615.72

Step-by-step explanation:

Use the compound interest formula and substitute the given value: A=$500(1+0.21/12)^12(1)

Simplify using order of operations: A=$500(1.0175)^12=$500(1.231439315)

=$615.72


Related Questions

6.6.1. Rao (page 368, 1973) considers a problem in the estimation of linkages in genetics. McLachlan and Krishnan (1997) also discuss this problem and we present their model. For our purposes, it can be described as a multinomial model with the four categories C1, C2, C3 , and C4 . For a sample of size n, let X = (X1, X2, X3 , X4 )′ denote the observed frequencies of the four categories. Hence, n = +4 i=1 Xi. The probability model is

Answers

Answer:

Step-by-step explanation:

find attached the solution

Convert 30°to radians. Leave answer as a reduced fraction in terms of π.

a: pi/3
b: pi/6
c: pi/4
d:pi/2

Answers

Answer: B

Step-by-step explanation:

[tex]30(\frac{\pi}{180})=\frac{\pi}{6}[/tex]

30 degree to radian= 0.523598776. b: pi/6 is your answer

An "x-bar" control chart is developed for recording the mean value of a quality characteristic by use of a sample size of three. The control chart has control limits (LCL and UCL) of 1.000 and 1.020 pounds, respectively. If a new sample of three items has weights of 1.023, 0.999, and 1.025 pounds, what can we say about the lot (batch) it came from?

Answers

Answer:

0.0879 or 8.79 % is the process capability of the batch and the batch doesn't meet the control limits.

Step-by-step explanation:

mean of three readings=(1.023+0.999+1.025)/3= 1.0157

standard deviation=√((1.023-1.0157)² + (0.999-1.0157)²+ (1.025-1.0157)²)/3)

                             = 0.0163

Process Capability= min((USL-mean)/3SD, (Mean-LSL)/3SD)

(USL-mean)/3SD= (1.02-1.0157)/(3×0.0163)= 0.0879

(Mean-LSL)/3SD)= (1.0157-1.00)/(3×0.0163)= 0.321

Process capability=(0.0879,0.321)

0.0879 or 8.79 % is the process capability

Final answer:

The x-bar control chart and other statistical tools are used to assess whether product weights are within acceptable limits, thereby determining if quality standards are met and if equipment recalibration might be necessary.

Explanation:

The question involves evaluating if a batch of products (in this case, potentially cereal boxes, soda servings, lifting weights, apples, or lettuce) meets certain quality control standards, specifically relevant to the weights and measurements being within predefined control limits or tolerances. Using an x-bar control chart and statistical methods like hypothesis testing or calculating percent uncertainty, quality control specialists can determine whether a product's quality characteristic, such as weight, is within acceptable ranges, thereby assessing if equipment recalibration is needed or if a batch complies with quality standards.

For instance, if a new sample of items has weights that fall outside of the established control limits on the x-bar control chart, it would suggest that there may be an issue with the process control, indicating potential problems with the lot from which the sample was taken.

Concerning the exercises provided: In the case of the cereal boxes with a standard deviation higher than the acceptable limit, it suggests that recalibration might be needed. For the Class A apples, a hypothesis test at the specified significance levels would help determine compliance with weight tolerance. Calculating the percent uncertainty of a bag's weight informs us about the relative size of the uncertainty in measurements.

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If f(-3) = -8, then f(x)= 3x +

Answers

Answer:

f(x)= 3x + 1

Step-by-step explanation:

Let's set the unknown variable as b, since it's a linear equation.

Using the point given (-3, -8), we can find b by plugging in the known numbers and solving.

-8 = -3 (3) + b

-8 = -9 + b

b = 1

If you want, you can check it by forming the complete equation and plugging in -3.

f(x)= 3x + 1

f(-3) = -9 + 1

f(-3) = -8 = -8

I hope this helped!

solve the system equations -x-y=0 and 6x-5y=66 by combining the equations

Answers

Answer:

x,y(6.-6)

Step-by-step explanation:

{x=-y

6(-y)-5y=66

-6-5y=66

11y=66

y=6

-x-y=0

x=-y;

x=-6

Solve for x: 3x + 3 = -2x + 13

Please add step by step! I am here to understand, not just for answers.
Please and thank you!!​

Answers

Answer:

x=2

Step-by-step explanation:

To solve, we need to isolate the variable (x)

To do this, we must get all the variables to one side of the equation, and all the numbers to the other

3x+3= -2x+13

Add 2x to both sides to "reverse" the subtraction

5x+3=13

Subtract 3 from both sides to "reverse" the addition

5x=10

Divide both sides by 5 to "reverse" the multiplication

x=2

14) World Wide Insurance Company found that 53% of the residents of a city had homeowner’s insurance (H) with the company. Of these clients, 27% also had automobile insurance (A) with the company. If a resident is selected at random, find the probabil- ity that the resident has both homeowner’s and automobile insurance with World Wide Insurance Company.

Answers

Answer:

The probability that the resident has both homeowner’s and automobile insurance with World Wide Insurance Company is 14% (P=0.1431).

Step-by-step explanation:

The probability of having homeowner’s insurance (H) with the company is P(H)=0.53.

The probability that, given that the resident has homeowner insurance with the company, also had a automobile insurance is P(A|H)=0.27.

We have to calculate P(A&H): probability of having automovile and homeowner:

[tex]P(A\&H)=P(H)*P(A|H)=0.53*0.27=0.1431[/tex]

Answer:

The probability that the resident has both homeowner’s and automobile insurance with World Wide Insurance Company is 0.143 OR 14.3%.

Step-by-step explanation:

We are given that:

53% of the residents had homeowner's insurance i.e. P(H) = 0.53

Of these people, 27% also had automobile insurance i.e. they had automobile insurance given that they had homeowner's insurance. So, P(A|H) = 0.27.

We need to find out the probability that the resident has both homeowner's and automobile insurance i.e. P(A and H) or P(A∩H). To compute P(A∩H) we will use the conditional probability formula:a

P(A|B) = P(A∩B)/P(B)

Here we have:

P(A|H) = P(A∩H)/P(H)

P(A∩H) = P(A|H) * P(H)

            = 0.27 * 0.53

P(A∩H) = 0.143

The probability that the resident has both homeowner’s and automobile insurance with World Wide Insurance Company is 0.143 OR 14.3%.

- (3n - 2)(4n+1)=0
Solve by factoring

Answers

Answer:

n=2/3, -1/4

Step-by-step explanation:

Write parametric equations of the line 9x + y = -1
a. X= 1, y = -9z+ 9
b. X= 1, y =--9
C. X= t_y= 9- 1
d. X= 1, y=-97- 1

Answers

The question is faulty written. I'll solve it assuming values for one variable and provide the answer to guide the student in their own question

Answer:

x=t

y=-1-9t

Step-by-step explanation:

Parametric Equations

Given an explicit relation between variables x and y, we can find expression for both of them in term of a third parameter t, such as

x=f(t)

y=g(t)

provided the main relation holds.

we have the equation

9x+y=-1

There are infinitely many forms to find parametric expressions for the variables, let's assume

x=t

Solving the equation for y

y=-1-9x=-1-9t

Thus the parametric equations are

x=t

y=-1-9t

In the 1992 presidential election Alaska's 40 election districts averaged 1955 votes per district for President Clinton. The standard deviation was 556. (There are only 40 election districts in Alaska.) The distribution of the votes per district for President Clinton was bell-shaped. Let X = number of votes for President Clinton for an election district. (Source: The World Almanac and Book of Facts) Round all answers except part e. to 4 decimal places.

a. What is the distribution of X? X-NO
b. Is 1955 a population mean or a sample mean? Select an answer
C. Find the probability that a randomly selected district had fewer than 1911 votes for President Clinton.
d. Find the probability that a randomly selected district had between 1868 and 2105 votes for President Clinton
e. Find the 95th percentile for votes for President Clinton, Round your answer to the nearest whole number.

Answers

Answer:

a) X = N(1955,556)

b) 1955 is the population mean

c) P(X <1911) = 0.4685

d) P(1868 < X <2105) = 0.1685

e) 95th percentile = 2870 (nearest whole number)

Step-by-step explanation:

a) Average number of votes per district, μ = 1955

The standard deviation, [tex]\sigma = 556[/tex]

The distribution of X will take the form [tex]N(\mu, \sigma)[/tex]

Therefore the distribution of X is N(1955,556)

b)1955 is the average of all the votes president Clinton had per district(i.e. the mean of all the values of the population) and not the mean of collected samples.

1955 is the population mean

c) Probability that a randomly selected district had fewer than 1911 votes for president Clinton

[tex]P(X < 1911) = P ( z < \frac{x - \mu}{\sigma} )[/tex]

z=(1911-1955)/556

z=-0.079

From the probability distribution table

P(z<-0.079)=0.4685

Therefore, P(X <1911) = 0.4685

d)probability that a randomly selected district had between 1868 and 2105 votes for President Clinton

[tex]P(x_{1} < X <x_{2}) = P(z_{2} < \frac{x_{2} - \mu }{\sigma} )- P(z_{1} < \frac{x_{1} - \mu }{\sigma} )[/tex]

[tex]P(1868 < X <2105) = P(z_{2} < \frac{2105 - 1955 }{556} )- P(z_{1} < \frac{1868 - 1955 }{556} )\\P(1868 < X <2105) = P(z_{2} < 0.27)- P(z_{1} < -0.16 )[/tex]

P(1868 < X <2105) = 0.6063 - 0.4378

P(1868 < X <2105) = 0.1685

e)  Find the 95th percentile for votes for President Clinton

[tex]P_{95} = \mu + 1.645 \sigma\\P_{95} = 1955 + 1.645(556)\\P_{95} = 2869.62\\P_{95} = 2970[/tex]

P95=1955+1.645*556=2870

Final answer:

The distribution of X is a normal distribution with a sample mean of 1,956.8. The probability of a randomly selected district having fewer than 1,600 votes is approximately 0.267. The probability of a randomly selected district having between 1,800 and 2,000 votes is approximately 0.161. The 95th percentile for votes is approximately 2,885.

Explanation:a. The approximate distribution of X is a normal distribution.

b. 1,956.8 is a sample mean because it is calculated from the data of the 40 election districts in Alaska.

c. To find the probability that a randomly selected district had fewer than 1,600 votes for the candidate, you need to standardize the value and use the standard normal distribution table. First, calculate the z-score using the formula z = (x - mean) / standard deviation. Plugging in the values, we get z = (1600 - 1956.8) / 572.3 = -0.621. Then, we can use the standard normal distribution table to find the probability associated with a z-score of -0.621, which is approximately 0.267.

d. To find the probability that a randomly selected district had between 1,800 and 2,000 votes for the candidate, you need to calculate the z-scores for both values and find the area between them on the standard normal distribution. Use the same formula as before to get z1 = (1800 - 1956.8) / 572.3 = -0.275 and z2 = (2000 - 1956.8) / 572.3 = 0.075. Then, use the standard normal distribution table to find the area between z1 and z2, which is approximately 0.161.

e. The 95th percentile represents the value below which 95% of the data falls. To find the 95th percentile for votes for the candidate, you can use the z-score associated with a cumulative probability of 0.95 on the standard normal distribution table. The z-score is approximately 1.645. Then, use the formula x = z * standard deviation + mean to calculate the value. Plugging in the values, we get x = 1.645 * 572.3 + 1956.8 ≈ 2,885 votes.

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Find the values of x, y, and λ that satisfy the system of equations. Such systems arise in certain problems of calculus, and λ is called the Lagrange multiplier. (Enter your answers as a comma-separated list. If there is no solution, enter NO SOLUTION. If the system has an infinite number of solutions, set λ = t and solve for x and y in terms of t.) 3x + λ = 0 3y + λ = 0 x + y − 4 = 0 (x, y, λ) =

Answers

Answer:

Solution (x, y, λ) = (2, 2, - 6)

Step-by-step explanation:

From the above information given:

3x + λ = 0............ eqn (1)

3y + λ = 0 ........... eqn (2)

x + y − 4 = 0 ......... eqn (3)

Now, from equation 1 and 2:

x= - λ / 3

y= - λ / 3

Substitute the values of X and y into equation 3

-λ/ 3 - λ/ 3 - 4 =0

-λ - λ - 12= 0

-2λ - 12= 0

-2λ = 12

λ = - 6

x= - λ/ 3

x = - (- 6) / 3

x= 2

y= - λ/3

y= - (-6)/3

y= 2

Solution (x, y, λ) = (2, 2, - 6)

Therefore,

x = 2

y= 2

λ = - 6

Suppose that 73.2% of all adults with type 2 diabetes also suffer from hypertension. After developing a new drug to treat type 2 diabetes, a team of researchers at a pharmaceutical company wanted to know if their drug had any impact on the incidence of hypertension for diabetics who took their drug. The researchers selected a random sample of 1000 participants who had been taking their drug as part of a recent large-scale clinical trial and found that 718 suffered from h The researchers want to use a one-sample z-test for a population have hypertension while taking their new drug, p, is different from the proportion of all type 2 diabetics who have hypertension. They decide to use a significance level of a 0.01. to see if the proportion of type 2 diabetics who Determine if the requirements for a one-sample z-test for a proportion been met. If the requirements have not been met leave the rest of the questions blank. O The requirements have not been met because there are two samples: the type 2 diabetics with hypertension who are not taking the drug and the ones who are taking the drug O The requirements have been met because the sample was appropriately selected, the variable of interest is categorical with two possible outcomes, and the sampling distribution is approximately normal. O The requirements have not been met because the population standard deviation is unknown. O The requirements have been met because the sample was appropriately selected, the variable of interest is categorical with two possible outcomes, and the sample size is at least 30.

Answers

Using the normal approximation to the binomial, it is found that the correct option is:

The requirements have been met because the sample was appropriately selected, the variable of interest is categorical with two possible outcomes, and the sampling distribution is approximately normal.

The binomial distribution, which is the probability of exactly x successes on n repeated trials, with p probability of success on each trial(each trial either is a success or it is a failure), can be approximated to the normal if in a sample, there are at least 10 successes and at least 10 failures.

In this problem:

Random sample of 1000, hence, appropriately selected.For each person, there are two possible outcomes, either they suffered from hypertension, or they did not, hence, the variable is categorical.718 have hypertension, 282 have not, at least 10 of each, hence, the sampling distribution is approximately normal.

Thus, the correct option is:

The requirements have been met because the sample was appropriately selected, the variable of interest is categorical with two possible outcomes, and the sampling distribution is approximately normal.

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In a study of hormone supplementation to enable oocyte retrieval for assisted reproduction, a team of researchers administered two hormones in different timing strategies to two randomly selected groups of women aged 36 – 40 years. For the Group A treatment strategy, the researchers included both hormones from day 1 . The mean number of oocytes retrieved from the 98 participants in Group A was 9.7 with an 80 % confidence level z ‑interval of ( 8.8 , 10.6 ) .

Answers

80% of the times we are confident that the mean number of oocytes retrieved will fall in interval  ( 8.8 , 10.6 ).

A confidence interval is the probability that an estimate will fall in a particular range for a certain number of times.

From the given scenario, women are selected from the age group 36-40.

The mean number of oocytes retrieved from the 98 participants was 9.7 with an 80 % confidence level z ‑interval of ( 8.8 , 10.6 )

From the given condition we can conclude that if we repeat the experiment 80% of the times we are confident that the mean number of oocytes retrieved will fall in interval  ( 8.8 , 10.6 ).

Thus, the mean number of oocytes retrieved from the 98 participants in Group A was 9.7 with an 80 % confidence level has z ‑interval of ( 8.8 , 10.6 )

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Final answer:

The question discusses a study in reproductive endocrinology involving hormone-assisted retrieval of oocytes for assisted reproduction, like IVF. Two hormones, likely follicle-stimulating hormone and luteinizing hormone, are used from day one to boost ovulation. The reported average number of oocytes and the confidence interval indicate the effectiveness of this treatment strategy.

Explanation:

The study described touches upon a field within biology known as reproductive endocrinology with a focus on hormone-assisted techniques in assisted reproduction like IVF (In Vitro Fertilization). The two hormones administered from day one are likely gonadotropins, consisting of follicle-stimulating hormone (FSH) and luteinizing hormone (LH), as per the common methods in IVF procedures. FSH supports the development of multiple follicles while LH triggers ovulation. Their administration significantly boosts the usual number of oocytes (eggs) produced in a woman's ovulation cycle.

Moreover, the mean number of oocytes (9.7) retrieved from the participants in Group A gives an indication of the effectiveness of the treatment strategy. The 80% confidence level z-interval of (8.8, 10.6) suggests that the actual mean number of oocytes retrieved for the overall population of women, aged 36-40 years, following this treatment strategy, is likely to lie within this range with an 80% probability.

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A rectangular prism has a volume of 120 square feet a height of 15 feet and a width of 4 feet find the length

Answers

Volume = length x width x height

120 = 15 x 4 x length

Simplify:

120 = 60 x length

Divide both sides by 60:

Length = 2 feet

Formula for the volume of a rectangular prism: V = length x width x height

120 = l x 4 x 15

120 = l x 60

l = 2

The length of the rectangular prism is 2 feet.

Hope this helps!! :)

A diet guide claims that you will consume 120 calories from a serving of vanilla yogurt. A random
sample of 22 brands of vanilla yogurt produced a mean of 118.3 calories with standard deviation 3.7
calories.
Suppose that mu is the true mean number of calories for a serving of vanilla yogurt. We want to test if
the diet guide’s claim is accurate. Use significance level 0.05.

1. What are the null and alternative hypotheses?
2. What is the value of the test statistic?
3. What is the rejection region?
4. Do we reject the null hypothesis?
5. Based on this hypothesis test, do we conclude the diet guide is accurate or inaccurate?
6. Should the p-value for this test be greater than or less than the significance level?

Answers

Answer:

1) Null hypothesis:[tex]\mu = 120[/tex]  

Alternative hypothesis:[tex]\mu \neq 120[/tex]  

2) [tex]t=\frac{118.3-120}{\frac{3.7}{\sqrt{22}}}=-2.155[/tex]  

3) [tex] t_{cric}=\pm 2.08[/tex]

And the rejection zone of the null hypothesis would be [tex] |t_{calc}|>2.08[/tex]

4) Since our statistic calculated is higher than the critical value we have enough evidence to reject the null hypothesis at 5% of significance

5) Since we reject the null hypothesis of accuracy we have enough evidence to conclude at 5% of significance that the procedure is not accurate

6) Since we reject the null hypothesi we need to expect that the p value would be lower than the significance level provided and that means:

[tex] p_v <\alpha[/tex]

Step-by-step explanation:

Data given and notation  

[tex]\bar X=118.3[/tex] represent the sample mean

[tex]s=3.7[/tex] represent the sample standard deviation

[tex]n=22[/tex] sample size  

[tex]\mu_o =120[/tex] represent the value that we want to test

[tex]\alpha=0.05[/tex] represent the significance level for the hypothesis test.  

t would represent the statistic (variable of interest)  

[tex]p_v[/tex] represent the p value for the test (variable of interest)  

Part 1: State the null and alternative hypotheses.  

We need to conduct a hypothesis in order to check if the true mean is equal to 120 because that means accurate, the system of hypothesis would be:  

Null hypothesis:[tex]\mu = 120[/tex]  

Alternative hypothesis:[tex]\mu \neq 120[/tex]  

If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:  

[tex]t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}[/tex]  (1)  

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".  

Part 2: Calculate the statistic

We can replace in formula (1) the info given like this:  

[tex]t=\frac{118.3-120}{\frac{3.7}{\sqrt{22}}}=-2.155[/tex]    

Part 3: Rejection region

We calculate the degrees of freedom given by:

[tex] df = n-1= 22-1 =21[/tex]

We need to find a critical value who accumulates [tex]\alpha/2 = 0.025[/tex] of the area in the tails of the t distribution with 21 degrees of freedom and we got:

[tex] t_{cric}=\pm 2.08[/tex]

And the rejection zone of the null hypothesis would be [tex] |t_{calc}|>2.08[/tex]

Part 4

Since our statistic calculated is higher than the critical value we have enough evidence to reject the null hypothesis at 5% of significance

Part 5

Since we reject the null hypothesis of accuracy we have enough evidence to conclude at 5% of significance that the procedure is not accurate

Part 6

Since we reject the null hypothesi we need to expect that the p value would be lower than the significance level provided and that means:

[tex] p_v <\alpha[/tex]

A bag contains 2 red marbles , 3 green marbles , and 4 blue marbles.

If we choose a marble, then another marble without putting the first one back In the bag, what is the probability that the first marble will be green and she second will be red?

Answers

Answer:

You can get it by doing this

Step-by-step explanation:

The Probability

Answer:

0.08 percent chance or 1/12

Find the volume of a cone with a diameter of 40cm and a height of 40 cm.

Answers

Answer:

[tex]v = \pi {r}^{2} \frac{h}{3} \\ \: \: \: \: = \pi \times 20 \frac{40}{3} \\ \: \: \: \: = 16755.16 {cm}^{3} [/tex]

hope this helps you

About 8 million tons of plastic waste enters the world’s oceans every year. Write a y = mx equation to show this

Answers

Answer: [tex]y=8x[/tex]

Step-by-step explanation:

For this exercise it is important to remember that the equation of a line that passes through the origin (this is located at the point [tex](0,0)[/tex]), has the following form:

[tex]y=mx[/tex]

Where "m" is the slope of the line.

In this case, according to the information given in the exercise, you know that 8 million tons of plastic waste enters the world’s oceans every year, apprdoximately.

Then, let the independent variable "x" represents the number of years.

 Analizing the data given, you can identify that the slope of that line is the following:

[tex]m=8[/tex]

So, knowing the value of "m", you can subsitute them into the equation  [tex]y=mx[/tex], in order to get the equation that shows that situation.

This is:

[tex]y=8x[/tex]

There are about 0.62 miles in a kilometer. How many kilometers long is a 95-mile drive? Round your answer to the nearest tenth of a kilometer​

Answers

Final answer:

To find the number of kilometers in a 95-mile drive, multiply 95 by the conversion factor of 1.61 kilometers per mile, giving you 152.95 kilometers, which rounds to 153.0 kilometers when rounded to the nearest tenth.

Explanation:

To calculate how many kilometers are in a 95-mile drive when there are approximately 0.62 miles in a kilometer, we need to use the conversion factor between miles and kilometers. The conversion factor is 1 mile equals to 1.61 kilometers. Therefore, to convert 95 miles to kilometers, you multiply 95 miles by 1.61 kilometers per mile.

The calculation will be:

95 miles × 1.61 km/mile = 152.95 kilometers

After calculating, we round the answer to the nearest tenth, resulting in:

153.0 kilometers.

Follow the steps to find the value of x.

1. Addition property of equality. One-fifth (x) minus two-thirds = four-thirds. One-fifth (x) minus two-thirds + two-thirds = four-thirds + two-thirds. 2. Multiplicative property of equality. One-fifth (x) (StartFraction 5 over 1 EndFraction) = StartFraction 6 over 3 EndFraction (StartFraction 5 over 1 EndFraction)

Answers

Answer:

  x = 10

Step-by-step explanation:

After your second step, simplify the result:

  [tex]x=\dfrac{6}{3}\cdot\dfrac{5}{1}=2\cdot 5\\\\x=10[/tex]

Answer:

10

Step-by-step explanation:

Paul plays a video game that is scored by round . In about 500 rounds his career average is 20 points per round with a standard deviation of 5 points per round . Suppose we take random samples of past 3 rounds and calculate the mean number of points scored in each sample . What is the mean and sd of sampling distribibution

Answers

Answer:

The mean of the sampling distribution is 20 and the standard deviation is 2.89.

Step-by-step explanation:

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Population:

Mean 20, standard deviation of 5.

Sampling distribution:

3 rounds

Mean = 20

[tex]s = \frac{5}{\sqrt{3}} = 2.89[/tex]

The mean of the sampling distribution is 20 and the standard deviation is 2.89.

Final answer:

The mean of Paul's sampling distribution is 20 points per round, and the standard deviation is approximately 2.89 points per round, calculated using the formula for the standard error of the mean.

Explanation:

The scenario involves a sampling distribution of the mean scores over random samples of 3 rounds from Paul's video game scores. To calculate the mean and standard deviation (sd) of the sampling distribution, we use the following formulas:

The mean of the sampling distribution (μX) is equal to the population mean (μ), which is 20 points per round.The standard deviation of the sampling distribution (σX), also known as the standard error, is equal to the population standard deviation (σ) divided by the square root of the sample size (n), so σX = σ/√n. In this case, it would be 5/√3, approximately 2.89 points per round.

Therefore, the mean of the sampling distribution is 20, and the standard deviation is approximately 2.89.

Jim bought a new bicycle for $129. If the sales tax is 8%, how much did Jim pay in sales tax? What was the total cost?

Answers

Answer:

$10.32 is the sales tax.

$139.32 is the total price.

Step-by-step explanation:

Sales tax is 8% of the original price.

First, change the percentage into a decimal, by moving the decimal point to the left two place values: 8% = 0.08

Next, multiply 129 with 0.08:

129 x 0.08 = 10.32

$10.32 is the sales tax.

Then, add 10.32 to the original price:

10.32 + 129 = 139.32

$139.32 is the total price.

Assume that females have pulse rates that are normally distributed with a mean of u = 75.0 beats per minute and a standard deviation of sigma = 12.5 beats per minute. If 1 adult female is randomly​ selected, find the probability that her pulse rate is between 69 beats per minute and 81 beats per minute.

Answers

Answer:

36.88% probability that her pulse rate is between 69 beats per minute and 81 beats per minute.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore 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 pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

[tex]\mu = 75, \sigma = 12.5[/tex]

Find the probability that her pulse rate is between 69 beats per minute and 81 beats per minute.

This is the pvalue of Z when X = 81 subtracted by the pvalue of Z when X = 69.

X = 81

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{81 - 75}{12.5}[/tex]

[tex]Z = 0.48[/tex]

[tex]Z = 0.48[/tex] has a pvalue of 0.6844

X = 69

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{69 - 75}{12.5}[/tex]

[tex]Z = -0.48[/tex]

[tex]Z = -0.48[/tex] has a pvalue of 0.3156

0.6844 - 0.3156 = 0.3688

36.88% probability that her pulse rate is between 69 beats per minute and 81 beats per minute.

Answer:

[tex]P(69<X<81)=P(\frac{69-\mu}{\sigma}<\frac{X-\mu}{\sigma}<\frac{81-\mu}{\sigma})=P(\frac{69-75}{12.5}<Z<\frac{81-75}{12.5})=P(-0.48<z<0.48)[/tex]

And we can find this probability with this difference:

[tex]P(-0.48<z<0.48)=P(z<0.48)-P(z<-0.48)=0.684-0.316= 0.368 [/tex]

Step-by-step explanation:

Previous concepts

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the pulse rates of a population, and for this case we know the distribution for X is given by:

[tex]X \sim N(75,12.5)[/tex]  

Where [tex]\mu=75[/tex] and [tex]\sigma=12.5[/tex]

We are interested on this probability

[tex]P(69<X<81)[/tex]

And the best way to solve this problem is using the normal standard distribution and the z score given by:

[tex]z=\frac{x-\mu}{\sigma}[/tex]

If we apply this formula to our probability we got this:

[tex]P(69<X<81)=P(\frac{69-\mu}{\sigma}<\frac{X-\mu}{\sigma}<\frac{81-\mu}{\sigma})=P(\frac{69-75}{12.5}<Z<\frac{81-75}{12.5})=P(-0.48<z<0.48)[/tex]

And we can find this probability with this difference:

[tex]P(-0.48<z<0.48)=P(z<0.48)-P(z<-0.48)=0.684-0.316= 0.368 [/tex]

A problem that can be represented by the equation 1/2x+6=20

Answers

Answer:

Six more than half of a number is 20

Step-by-step explanation:

The given expression in word problem can be translated as:

Six more than half of a number is 20

Riddle me this. A New Hotel containing 100 rooms. Tom was Hired to paint the numbers from 1-100 on the doors. How many times will Tom have to paint the number 8?

I beat Desi Velasquez

Answers

Answer:

20 times

Step-by-step explanation:

8, 18, 28, 38, 48, 58, 68, 78, 80, 81, 82, 83, 84, 85, 86, 87, 88, 89, 98

1     2    3   4   5   6      7   8     9   10  11    12   13   14   15   16  17 18 19 20

From1-100, the numbers that contain eight include;
8
18
28
38
48
58
68
78
80
81
82
83
84
85
86
87
88
89
98
So, tom would have to paint the number "8", 19 times.

A corporation is considering a new issue of convertible bonds, mandagemnt belives that the offer terns will be founf attractiv by 20% of all its current stockholders, suppoer that the belif is correct, a random sample of 130 stockholderss is taken.

a. What is the standard error of the sample proportion who find this offer attractive?
b. What is the probability that the sample proportion is more than 0.15?
c. What is the probability that the sample proportion is between 0.18 and 0.22?
d. Suppose that a sample of 500 current stockholders had been taken. Without doing the calculations, state whether the probabilities in parts (b) and (c) would have been higher, lower, or the same as those found.

Answers

Answer:

a. What is the standard error of the sample proportion who find this offer attractive? =  0.0351

b. What is the probability that the sample proportion is more than 0.15? = 0.9222

c. What is the probability that the sample proportion is between 0.18 and 0.22? =  0.4314

Step-by-step explanation:

see attachment for explanation

Answer:

Step-by-step explanation:

Given that,

p = 0.20

1 - p = 1 - 0.20 = 0.80

n = 130

\mu\hat p = p = 0.20

A) \sigma \hat p =  \sqrt[p( 1 - p ) / n] = \sqrt [(0.20 * 0.80 ) / 130] = 0.0351

B) P( \hat p > 0.15) = 1 - P( \hat p < 0.15)

= 1 - P(( \hat p - \mu \hat p ) / \sigma \hat p < (0.15 - 0.20) / 0.0351 )

= 1 - P(z < -1.42)

Using z table

= 1 - 0.0778

= 0.9222

C) P(0.18 < \hat p < 0.22)

= P[(0.18 - 0.20) / 0.0351 < ( \hat p - \mu \hat p ) / \sigma \hat p < (0.22 - 0.20) / 0.0351]

= P(-0.57 < z < 0.57)

= P(z < 0.57) - P(z < -0.57)

Using z table,    

= 0.7157 - 0.2843

= 0.4314

the length of a classroom is 29 feet what is the measurements in yards and feet

Answers

Answer:

BURRITOS

Step-by-step explanation:

Answer:

9.66666666 yards  repeating

Step-by-step explanation:

The formula is to divide feet by 3,so 29/3=9.666666 repeating.

Mark me brainliest if I helped:D

From the Balance Sheet and Income Statement Information below, calculate the following ratios:
[a.] Return on Sales
[b.] Current Ratio
[c.] Inventory Turnover – If there are no beginning inventory or ending inventory figures, then use the Merchandise Inventory figure.

ABC INC. Income Statement Year Ended December 31, 2018
Net Sales Revenue $20,941
Cost of Goods Sold 7,055
Gross Profit 13,886
Operating Expenses 7,065
Operating Income 6,821
Interest Expense 210
Income Before Taxes 6,611
Income Tax Expense 2,563
Net Income $4,048

ABC INC. Balance Sheet December 31, 2018 Assets
Current Assets
Cash $2,450
Accounts Receivable 1,813
Merchandise Inventory 1,324
Prepaid Expenses 1,709
Total Current Assets 7,296
Long-Term Assets 18,500
Total Assets $25,796

Liabilities
Current Liabilities $7,320
Long-Term Liabilities 4,798
Total Liabilities 12,028

Stockholders’ Equity
Common Stock 6,568
Retained Earnings 7,200
Total Stockholders’ Equity 13,768
Total Liabilities & Stockholders’ Equity $25,796

1. NOTES: 1- Round up
2- Your responses should be in the following formats

a. XX% b. x.xx c. x.xx

Answers

Answer:

a)   32.57%

b)   0.9967

c)   5.3285 times.

Step-by-step explanation:

a. Return on sales is a simple ratio that is calculated by dividing the operating profit/income  by the net sales revenue.

-Given net sales revenue is $20,941 and the operating income is $6,821:

[tex]Return \ on \ sales(ROS)=\frac{Operating \ Income}{Net \ Sales \ Revenue}\\\\=\frac{6821}{20941}\\\\=0.3257\\\\=32.57\%[/tex]

Hence, the return on sales is 32.57%

b. Current ratio is a simple ratio that compares the current assets to the current liabilities.

-Given that current assets=$7,296 and current liabilities=$7,320, the current ratio is calculated as below:

[tex]Current \ Ratio=\frac{Current \ Assets}{Current \ Liabilities}\\\\=\frac{7296}{7320}\\\\=0.9967[/tex]

Hence, the current ratio is 0.9967

c. Inventory turnover is a measure of the frequency with which a company's goods is used or sold and subsequently restocked in given period.

-It's calculated by dividing the cost of goods sold by the average invenory as below:

[tex]Inventory \ Turnover=\frac{Cost \ of \ goods \ sold}{mean \ Invenory}\\\\\\=\frac{7055}{1324}\\\\=5.3285\ times[/tex]

Hence, the inventory turnover is 5.3285 times.

Final answer:

The calculated ratios for ABC Inc. are: Return on Sales of 19.3%, a Current Ratio of 0.997, and an Inventory Turnover of 5.33.

Explanation:

To calculate the ratios requested, we'll be using the financial data from ABC Inc.'s income statement and balance sheet.

[a.] Return on SalesThe Return on Sales (ROS) is calculated by dividing the Net Income by the Net Sales Revenue. Here it's $4,048 / $20,941 = 0.193 or 19.3%.[b.] Current RatioThe Current Ratio represents a company's ability to repay its short-term liabilities with its short-term assets. It's calculated by dividing Total Current Assets by Total Current Liabilities: $7,296 / $7,320 = 0.997.[c.] Inventory TurnoverSince we don't have beginning inventory or ending inventory figures, we use the Merchandise Inventory of $1,324 in our calculation. Inventory Turnover is Cost of Goods Sold divided by Merchandise Inventory: $7,055 / $1,324 = 5.33.

Learn more about Financial Ratios here:

https://brainly.com/question/31531442

#SPJ3

What’s percent of Benny age is his moms age

Answers

Answer:

Benny's mom's age is 400% of Benny's age.

Step-by-step explanation:

Let p represent the percent of his mom's age to Benny's age.

48=P(12)

p=4=400%

Do flashcards help students retain the Chinese Language? Six randomly selected students are given a pretest, asked to study a set of flashcards once a day for a week and then given post test for their Chinese Language class. Is there evidence that flashcards can improve scores? Their data is below. What is the test statistic?(pretest – posttest)

Answers

Answer:

-1.64

Explanation:

Multiple Choice Answers that were not provided in the question:

a. 0.103 .

b. None of the above.

c. -4.16

d. -1.45

e. 2.86

f .-1.64

The provided data is as below:

             Student 1  Student 2  Student 3  Student 4  Student 5  Student 6

Pre- test    80              76              76              50             48              67

Post- test   75              86              87              60            48               68

Further Explanation:

                    Student 1  Student 2  Student 3  Student 4  Student 5  Student 6

Pre- test             80              76              76              50             48              67

Post- test            75              86              87              60            48               68

Pretest-Postest   5               -10              -11              -10            0                 -1

Calculating the mean of the difference (Pretest-postest) we get d bar = -4.5

Calculating the standard deviation  of the difference  (Pretest-postest) we get sd= 6.716.

Since sample score is under 30 and population standard deviation is unknown, we will use a tscore to find the standardized test statistic

t = dbar/(sd/√n) = -4.5/(6.716√6) = -1.642 ≈ -1.64

The test statistic is -1.64.

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