Which one of the following is NOT a characteristic of the sampling distribution of a sample mean? The distribution of the values is obtained by repeated sampling. The samples are all of size n. The samples are all drawn from the same population. The mean is zero and the standard deviation is one.

Answers

Answer 1

Answer:

The mean is zero and the standard deviation is one.

Correct, since the sample mean is not always defined by a distribution with mean 0 and deviation 1. Since the normal standard distribution is not always representative of the sample mean dsitribution

Step-by-step explanation:

For this case we want to analyze the distribution of the sample mean given by:

[tex] \bar X = \frac{\sum_{i=1}^n X_i}{n}[/tex]

Let's analyze one by one the possible options:

The distribution of the values is obtained by repeated sampling.

False, for this case we assume that the data of each observation [tex] X_i[/tex] , [tex] i =1,2,...,n[/tex] is obtained from a repated sampling method

The samples are all of size n.

False, for this case we assume that the sample mean is obtained from n data values

The samples are all drawn from the same population.

False, for this case we assume that the data comes from the same distribution

The mean is zero and the standard deviation is one.

Correct, since the sample mean is not always defined by a distribution with mean 0 and deviation 1. Since the normal standard distribution is not always representative of the sample mean dsitribution

Answer 2

The mean is zero and the standard deviation is one.

It is not characteristic of the sampling distribution of a sample mean.

In the Sampling Distribution of the Sample Mean , If repeated random samples of a given size n are taken from a population .where the population mean is μ  and the population standard deviation is σ .then the mean of all sample means  is population mean μ .

Characteristic of Sampling Distribution ,

The overall shape of the distribution is symmetric and approximately normal. There are no outliers or other important deviations from the overall pattern. The center of the distribution is very close to the true population mean

So, The mean is zero and the standard deviation is one in sampling distribution is not any mandatory condition.

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Related Questions

A person places $934 in an investment account earning an annual rate of 6.1%, compounded continuously. Using the formula V = P n r t V=Pe rt , where V is the value of the account in t years, P is the principal initially invested, e is the base of a natural logarithm, and r is the rate of interest, determine the amount of money, to the nearest cent, in the account after 13 years.

Answers

Final answer:

To find the total amount in an investment account after 13 years with continuous compounding, use the formula for continuous compound interest. Substitute the given values into the formula and compute.

Explanation:

The question deals with the concept of continuous compound interest. The formula for this is given by the equation V=P * e^{rt}, where V is the total value of the investment after time t, P is the principal amount, r is the rate of interest, and e is the base of the natural logarithm.

Plug these values into the equation: V = $934 * e^{0.061 * 13} . Using the value of e, which is approximately 2.71828, compute to get V. Therefore the total amount in the account after 13 years, when rounded to the nearest cent, will be V.

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Final answer:

The amount of money in an account with continuously compounded interest, substitute the given principal, interest rate, and time values in the formula V = Pert. Convert the interest rate to a decimal before using. Calculate the exponent using a scientific calculator or similar tool.

Explanation:

You're looking to calculate the future value of an investment using the formula for continuous compounding, V = Pert. In this case, P = $934, r = 6.1%, and t = 13 years.

First, convert the percent interest rate to a decimal by dividing by 100, which gives r = 0.061.

Then, substitute the given values into the formula:

V = $934 * e(0.061 * 13).

Calculator the exponent to find the value V. Round the final answer to the nearest cent.

In summary, computing the amount of money in a continuously compounded account involves substituting the given values into the proper formula and calculating using an appropriate method such as a scientific calculator or algorithm.

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Which object shown below could we slice perpendicular to its base/face to create a cross-section whose shape has two edges, one straight and one curved?

A- Cone
B-Cube
C-Cylinder
D-Sphere

Answers

I think Is letter A....

The cone is the correct answer.

What is cone ?

A cone is the shape that could be slice perpendicular to its base/face to create a cross-section whose shape has two edges, one straight and one curved.

cone, in mathematics, the surface traced by a moving straight line (the generatrix) that always passes through a fixed point (the vertex).

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i need help with my math

Answers

Number 2 is A
Number 6 is true
Number 9 is D
Number 5 is B
Number 4 is B
Number 7 the x int is (2,0) the y int is (2,0)

Estimate the solution to the system of equations, y = 4x-2 and y = x+3.

Answers

Answer:

x = 1.67 about  and y = 4.67 about

Step-by-step explanation:

y = 4x-2 and y = x+3

4x - 2 = x + 3

3x = 5

x = 5/3 = 1.67  about

y = 5/3 + 3 = 5/3 + 9/3 = 14/3 = 4.667

a band played encore at 7 of its last 12 shows. what is the experimental probability that the band will play an encore at its next show?

Answers

Final answer:

The experimental probability that the band will play an encore at its next show is 7/12 or approximately 0.5833.

Explanation:

To find the experimental probability that the band will play an encore at its next show, we need to divide the number of times the band played an encore by the total number of shows. In this case, the band played an encore at 7 out of 12 shows. To calculate the experimental probability, divide 7 by 12. So, the experimental probability that the band will play an encore at its next show is 7/12 or approximately 0.5833.

Angel has 8 DVD movies on a shelf, 2 dramas,5 sicence fiction movies, and 1 comedy. Two movies will be selected at random. Determine the probabilty of each situatuin below.

A) The probablity of selecting at least one drama movie without replacement

B)The probability of selecting at least one drama movie with replacement

Answers

Answer:

A) Pd = 13/28

B) Pd = 7/16

Step-by-step explanation:

Given;

Drama = 2

Comedy = 1

Science fiction = 5

Total = 8

a) The probability of selectingat least one drama movie Pd;

Pd = 1 - Pd'

Without replacement;

Probability of not selecting a drama movie Pd' is;

Pd' = 6/8 × 5/7 = 15/28

Pd = 1 - 15/28

Pd = 13/28

b) with replacement;

Probability of not selecting a drama movie Pd' is;

Pd' = 6/8 × 6/8 = 9/16

Pd = 1 - 9/16

Pd = 7/16

8 – 6 ∙ 4 + 10 ÷ 2 =

Answers

Answer:

-11

Step-by-step explanation:

I got it wrong, sorry! T-T

An automobile manufacturer has given its car a 52.6 miles/gallon (MPG) rating. An independent testing firm has been contracted to test the actual MPG for this car since it is believed that the car has an incorrect manufacturer's MPG rating. After testing 250 cars, they found a mean MPG of 52.8. Assume the population standard deviation is known to be 1.6. A level of significance of 0.05 will be used. State the null and alternative hypotheses.

Answers

Answer:

Null hypothesis:[tex]\mu = 52.6[/tex]  

Alternative hypothesis:[tex]\mu \neq 52.6[/tex]  

[tex]z=\frac{52.8-52.6}{\frac{1.6}{\sqrt{250}}}=1.976[/tex]    

[tex]p_v =2*P(z>1.976)=0.0482[/tex]  

Since the p value is lower than the significance level wedon't have enough evidence to conclude that the true mean is significantly different from 52.6 MPG.

Step-by-step explanation:

Information provided

[tex]\bar X=52.8[/tex] represent the sample mean  for the MPG of the cars

[tex]\sigma=1.6[/tex] represent the population standard deviation

[tex]n=250[/tex] sample size  of cars

[tex]\mu_o =52.6[/tex] represent the value that we want to test

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

z would represent the statistic (variable of interest)  

[tex]p_v[/tex] represent the p value for the test

Hypothesis

We need to conduct a hypothesis in order to check if the true mean of MPG is different from 52.6 MPG, the system of hypothesis would be:  

Null hypothesis:[tex]\mu = 52.6[/tex]  

Alternative hypothesis:[tex]\mu \neq 52.6[/tex]  

Since we know the population deviation the statistic is given by:

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

Calculate the statistic

Replacing we have this:

[tex]z=\frac{52.8-52.6}{\frac{1.6}{\sqrt{250}}}=1.976[/tex]    

Decision

Since is a two tailed test the p value would be:  

[tex]p_v =2*P(z>1.976)=0.0482[/tex]  

Since the p value is lower than the significance level wedon't have enough evidence to conclude that the true mean is significantly different from 52.6 MPG.

NEED HELP ASAP How many solutions does an equation have and how many solutions does an inequality have?

Answers

Answer:

If solving an equation yields a statement that is true for a single value for the variable, like x = 3, then the equation has one solution. If solving an equation yields a statement that is always true, like 3 = 3, then the equation has infinitely many solutions.

Step-by-step explanation:

Final answer:

Equations can have differing numbers of solutions: linear equations typically have one, while quadratic equations usually have two, but may have one or none depending on their discriminant. Inequalities often have a range of solutions, representing values that satisfy the inequality condition.

Explanation:

The number of solutions an equation has can vary depending on the type of equation. Linear equations typically have one solution, representing where the line intersects the x-axis on a graph. Equations that involve an unknown squared, also known as quadratic equations, generally have two solutions; these solutions represent the x-intercepts or the points where the parabola crosses the x-axis. However, there are cases where a quadratic equation might have one or no real solutions depending on its discriminant (b2 - 4ac).

Inequalities are different from equations. They often have a range of solutions rather than exact values, because they represent values that are less than (<), less than or equal to (≤), greater than (>), or greater than or equal to (≥) a certain number, rather than being exactly equal to it. A simple linear inequality, for instance, has a set of all possible solutions that make the inequality true, which can be illustrated as a region on a number line or in coordinate space.

What are the solutions 3(x-4)(2x-3)=0

Answers

answer is x=4 and x=3/2
3 doesn’t have an x so you don’t set it equal to zero hope this helped
the answer is x=3/2 x=4

Can someone help me please

Answers

Answer:

1 unit

Step-by-step explanation:

If the circumference is 6, then the arc measured by a 60 degree angle, which is 1/6 of 360, represents 1/6 of the total circumference. Thus the answer is 1.

Larry has 9 gallons of paint. He uses 10 quarts to paint his kitchen and 3 gallons to paint his living room. How many pints will be left?

Answers

Answer: 28

Step-by-step explanation:

Answer:

28 pints

Step-by-step explanation:

There are 4 quarts in a gallon

There are 2 pints in a quart

We know 10 guarts = 10/4 = 2 .5 gallons = 2 gallons 2 guarts

Subtracting the 10 quarts in the kitchen

9 gallons - 2 gallons 2 quarts

Changing 1 gallon to 4 quarts

8 gallons 4 quarts - 2 gallons 2 quarts = 6 gallons 2 quarts

Then he used 3 gallons in the living room

6 gallons 2 quarts - 3 gallons = 3 gallons 2 quarts

Changing gallons to quarts

3*4 = 12 12 quarts + 2 quarts = 14 quarts

Now we need to change to pints

14 quarts * 2 pints = 28 pints

The lifetime of a battery in a certain application is normally distributed with mean μ = 16 hours and standard deviation σ = 2 hours. What is the probability that a battery will last more than 19 hours?

Answers

Answer:

Probability that a battery will last more than 19 hours is 0.0668.

Step-by-step explanation:

We are given that the lifetime of a battery in a certain application is normally distributed with mean μ = 16 hours and standard deviation σ = 2 hours.

Let X = lifetime of a battery in a certain application

So, X ~ N([tex]\mu=16,\sigma^{2} =2^{2}[/tex])

The z-score probability distribution for normal distribution is given by;

               Z = [tex]\frac{ X -\mu}{\sigma}[/tex]  ~ N(0,1)

where, [tex]\mu[/tex] = mean lifetime = 16 hours

            [tex]\sigma[/tex] = standard deviation = 2 hours

The Z-score measures how many standard deviations the measure is away from the mean. After finding the Z-score, we look at the z-score table and find the p-value (area) 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.

So, the probability that a battery will last more than 19 hours is given by = P(X > 19 hours)

  P(X > 19) = P( [tex]\frac{ X -\mu}{\sigma}[/tex] > [tex]\frac{19-16}{2}[/tex] ) = P(Z > 1.50) = 1 - P(Z [tex]\leq[/tex] 1.50)

                                              = 1 - 0.9332 = 0.0668

Now, in the z table the P(Z [tex]\leq[/tex] x) or P(Z < x) is given. So, the above probability is calculated by looking at the value of x = 1.50 in the z table which has an area of 0.9332.

Hence, the probability that a battery will last more than 19 hours is 0.0668.

Final answer:

The probability that a battery with a mean lifetime of 16 hours and a standard deviation of 2 hours will last more than 19 hours is approximately 6.68%, calculated using the z-score for a normal distribution.

Explanation:

Probability of Battery Lasting More Than 19 Hours

The question asks about the probability that a battery with a normal distribution will last more than 19 hours, given a mean μ = 16 hours and standard deviation σ = 2 hours. To find this probability, we calculate the z-score using the formula:

[tex]Z = (X - \mu) / \sigma[/tex]

For X = 19 hours:

[tex]Z = (19 - 16) / 2 = 1.5[/tex]

Next, we use a standard normal distribution table or a calculator to find the probability associated with this z-score. The area to the right of Z = 1.5 represents the probability that a battery lasts more than 19 hours. Assuming we've looked up the value in the standard normal distribution table:

[tex]P(X > 19) = 1 - P(Z \leq 1.5) = 1 - 0.9332 = 0.0668[/tex]

Thus, the probability that a battery will last more than 19 hours is approximately 6.68%.

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LetA,B,CandDbe the following sets:A={red, blue, green, purple}B={red, red, green}C={red,{green}, red,{red, green},{green, green, red}}D={blue, blue, blue, green, green, purple}Let the universal set forA,B,C,Dbe defined by:U={red, blue, purple, green}⋃P({red, blue, purple, green})Provide the answer to the following questions about the above sets. Justify your answers unless otherwisespecified.9(a) IsB⊆A? g

Answers

Answer:

No it is not

Step-by-step explanation:

B is a subset of A but not all the elements in Set A are in B hence they don't contain equal elements

5 inches
What is the approximate length of the radius, r? Use 3 14
for w. Round to the nearest inch.
12 inches
24 inches
38 inches
46 inches

Answers

Answer:

The answer is 24 inches

Answer:

1)  12in

Step-by-step explanation:

The circumference is 75, so to find the diameter you have to divide 75 by 3.14. You get 24 approximately. Then divide the diameter by 2, so 24/2=12.

The rectangle below has a length of 4x+3 and a width of 3x.
a) Find the perimeter
b) Find the area
c) Find the perimeter and area if x = 8

Answers

Perimeter- 14x+6
Just add al the sides up like normal
Area- 12x^2+9x
Multiply the length and width
C)
Perimeter- 118
Area- 840

I’m pretty sure these are right

Is the pie of 34 rational are in rational

Answers

Answer:

  34 would be a Rational number

Step-by-step explanation:

it's clean number and not sloppy like 0.888883

A research company desires to know the mean consumption of milk per week among males over age 25. A sample of 715 males over age 25 was drawn and the mean milk consumption was 2.9 liters. Assume that the population standard deviation is known to be 1.2 liters. Construct the 90% confidence interval for the mean consumption of milk among males over age 25. Round your answers to one decimal place.

Answers

Answer:

The 90% confidence interval for the mean consumption of milk among males over age 25 is (2.8 lt, 3.0 lt).

Step-by-step explanation:

The (1 - α) % confidence interval for population mean is:

 [tex]CI=\bar x\pm z_{\alpha /2}\ \frac{\sigma}{\sqrt{n}}[/tex]

The information provided is:

 [tex]n=715\\\bar x=2.9\ \text{lt}\\\sigma=1.2\ \text{lt}[/tex]

Confidence level = 90%

Then, α = 10%

Compute the critical value of z for α = 10% as follows:

 [tex]z_{\alpha/2}=z_{0.10/2}=z_{0.05}=1.645[/tex]

*Use a z-table.

Compute the 90% confidence interval for population mean as follows:

[tex]CI=\bar x\pm z_{\alpha /2}\ \frac{\sigma}{\sqrt{n}}[/tex]

     [tex]=2.9\pm 1.645\times \frac{1.2}{\sqrt{715}}\\\\=2.9\pm 0.074\\\\=(2.826, 2.974)\\\\\approx (2.8\ \text{lt}, 3.0\ \text{lt})[/tex]

Thus, the 90% confidence interval for the mean consumption of milk among males over age 25 is (2.8 lt, 3.0 lt).

see attachment and answer for extra points

Answers

Answer:

2x

Step-by-step explanation:

[8x² - 4x] ÷ [4x - 2]

[4x(x - 2)] ÷ [2(x - 2)]

[2x × 2(x - 2)] ÷ [2(x - 2)]

2x

What are the roots of y=x2-3x-10

Answers

Answer:

x = 5 and -2

Step-by-step explanation:

This question wants the roots, which are when y = 0.

Set the equation equal to 0:

y=x2-3x-10

0=x2-3x-10

Now we can factor this (or use our calculators).

0=(x-5)(x+2)

Separate these by the Zero Product Property.

0 = x-5

x = 5

0 = x+2

x = -2

Answer:

-2 and 5

b on edu 2020

Step-by-step explanation:

edu 2020

A​ 9-year-old girl did a science fair experiment in which she tested professional touch therapists to see if they could sense her energy field. She flipped a coin to select either her right hand or her left​ hand, and then she asked the therapists to identify the selected hand by placing their hand just under her hand without seeing it and without touching it. Among 264264 ​trials, the touch therapists were correct 105105 times. Use a 0.050.05 significance level to test the claim that touch therapists use a method equivalent to random guesses. Do the results suggest that touch therapists are​ effective?

Answers

Final answer:

To test the effectiveness of touch therapists, a hypothesis test can be conducted using a significance level of 0.05. The test statistic is calculated by comparing the observed success rate to the expected success rate under the null hypothesis. If the test statistic falls within the critical region, the null hypothesis can be rejected and it can be concluded that the touch therapists are effective.

Explanation:

To test the claim that touch therapists use a method equivalent to random guesses, a hypothesis test can be conducted using a significance level of 0.05. In this case, the null hypothesis would state that the therapists' success rate is no better than random chance, while the alternative hypothesis would state that the therapists are effective. The test statistic can be calculated using the observed success rate and the expected success rate under the null hypothesis. If the test statistic falls within the critical region, which is determined by the significance level, then the null hypothesis can be rejected, suggesting that the touch therapists are indeed effective.

First, let's calculate the expected success rate under the null hypothesis. Since the therapists are guessing randomly, the probability of guessing correctly is 0.5. Therefore, the expected success rate can be calculated by multiplying the total number of trials by the probability of guessing correctly:

Expected success rate = 0.5 * 264 = 132

Next, we can calculate the test statistic using the observed success rate and the expected success rate:

Test statistic = (observed success rate - expected success rate) / sqrt(expected success rate * (1 - expected success rate) / number of trials)

Substituting the values into the formula:

Test statistic = (105 - 132) / sqrt(132 * (1 - 132/264) / 264) = -3.181

Finally, we can compare the test statistic to the critical value. The critical value can be obtained from the Z-table or using statistical software. If the test statistic falls within the critical region (i.e., if it is less than the negative critical value), then we can reject the null hypothesis and conclude that the touch therapists are effective.

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Final answer:

To test the claim that touch therapists use a method equivalent to random guesses, a hypothesis test can be conducted. The data provided is used to calculate the p-value, which is found to be less than 0.05. This suggests that touch therapists are effective.

Explanation:

To test the claim that touch therapists use a method equivalent to random guesses, we can use a hypothesis test. The null hypothesis is that the therapists' accuracy is due to random chance, while the alternative hypothesis is that they are effective. We can use a binomial hypothesis test with a significance level of 0.05. Using the given data, the therapists were correct in 105 out of 264 trials. Calculating the p-value, we find that it is less than 0.05, which means we reject the null hypothesis. Therefore, the results suggest that touch therapists are effective.

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bbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbbb

Answers

Answer:

yes

Step-by-step explanation:

no

maybe

perhaps

done

Which region represents the solution to the given system of inequalities?
-0.5x+y23
15x+y=-1
-5 4 -3 -2 -1
FLY?

Answers

Answer:

3

Step-by-step explanation:

Final answer:

The region representing the solution to a system of inequalities is where the shading of all individual inequalities overlap on a graph. In this case, the provided inequalities should be graphed individually, and the overlapping shaded area is the solution.

Explanation:

The region that represents the solution to a system of inequalities is the area in a graph where all the inequality solutions overlap. In the given inequalities:

-0.5x + y > 3 15x + y = -1

First, graph each inequality individually on the coordinate plane using a method that makes sense (linear inequality graphing for this case). The region that is shaded by both inequalities, or resides in the overlap of the shading of the individual inequalities, represents the solution to the system of inequalities.

Do recall that when dealing with 'greater than' or 'less than' signs, we use dashed lines to represent the boundary where inequality is not equal to the boundary. If the sign was 'greater than or equal to' or 'less than or equal to', we would use solid lines.

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Mr. Jackson filled up his 15-gallon gas tank for $37.50. What was the price 10

of gas per gallon?

Answers

Answer:

[tex]Unit Price =\$2.5 \:per\: gallon[/tex]

Step-by-step explanation:

15 Gallon of Gas costs $37.50

To determine the Unit Price, we divide the Total Cost by the number of gallons of gas bought.

Unit Price

[tex]=\dfrac{\$37.50}{15gallons}\\Unit Price =\$2.5 \:per\: gallon[/tex]

Answer:

Price per gallon = $2.5 per gallon

Step-by-step explanation:

Given;

Price of 15 gallons = $37.50

Number of gallons = 15

Price per gallon = 37.50/15 = $2.5

Pauline is going to buy grey parrots ($300 each) and blue lovebirds ($20 each) for the store. She wants 10 birds total. She has $1040 to spend. How many of each type of bird should she order?

Answers

Answer:

You have every right to be angry, but that doesn't give you the right to be mean.

He drank life before spitting it out.

My Mum tries to be cool by saying that she likes all the same things that I do.

Step-by-step explanation:

Pauline can purchase 3 grey parrots and 7 blue lovebirds with her budget of $1040 to fulfill the requirement of buying a total of 10 birds.

To figure out how many of each bird Pauline can buy, we can setup and solve a system of equations:

Let the number of grey parrots be represented by p and the number of blue lovebirds be represented by l.The first equation comes from the total number of birds: p + l = 10.The second equation comes from the total amount of money Pauline can spend: 300p + 20l = 1040.Solving these equations simultaneously gives us the combination of grey parrots and blue lovebirds Pauline can afford.

Solving the system:

Multiply the first equation by 20 to make it easier to eliminate l: 20p + 20l = 200.Subtract this new equation from the second equation to solve for p: 300p - 20p = 280p; 1040 - 200 = 840. Therefore, 280p = 840.Divide both sides by 280 to find p: p = 3.Substitute p = 3 into the first equation to solve for l: 3 + l = 10, so l = 7.

Therefore, Pauline should purchase 3 grey parrots and 7 blue lovebirds.


Which equation can be used to find the volume of this solid?

Answers

Answer: the first one

Step-by-step explanation: base×width×height

Answer:

The first choices.

Step-by-step explanation:

The solid is a rectangular prism which means V=l × w × h

if each slice of pizza is 1/16 of the pizza what is the decimal form of 8 slices of pizza

Answers

Answer:

0.5

Step-by-step explanation:

8 slices of a pizza cut into 16 pieces is a half of the pizza. A half is 0.5

Which inequality describes the graph?

Answers

The final inequality that defines the shaded region on the graph is y ≥ -2 + 2x. Here option A is correct.

Given Linear Equation:

The general form of a linear equation is y = mx + c, where c is the y-intercept (the value of y when x = 0). Given that the point (0, -2) lies on the line, c = -2. The equation is then y = mx - 2.

Equation: y = mx - 2

Using Another Point on the Line:

The point (2, 2) is also on the line. Substitute x = 2 and y = 2 into the equation:

2m - 2 = 2

Solve for m:

2m = 4

m = 2

Now we know m = 2, so the equation becomes:

y = 2x - 2

Inequality for Shaded Region:

The inequality sign ≥ suggests that the shaded region is above the line. Therefore, the inequality for the shaded region is:

y ≥ 2x - 2

Rewriting the Inequality:

To match the given form y ≥ -2 + 2x, rearrange terms:

y ≥ -2 + 2x. Here option A is correct.

Complete question:

Which inequality describes the graph?

Based on information below (2 countries x 2 products), if US has comparative advantage in producing Rice, what can you say about X? (note: figures represent production or output.)Please assume that X is a positive number.Rice CarUS 7 6Korea 9 XX < 4X > 54/7X < 63/7X < 7

Answers

Answer:

Check the explanation

Step-by-step explanation:

US has a comparative advantage in producing rice.

This means US's opportunity cost of producing rice is less than that of Korea.

Korea's opportunity cost of producing rice will be given as:

For producing 9 units of Rice, Korea gives up 5 cars.

For producing 1 unit of rice's, Korea will give up 5/9 units of car.

Kindly check the image below.

If the U.S. has a comparative advantage in producing rice, then [tex]\( X > \frac{54}{7} \).[/tex]

The correct answer is option B.

Comparative advantage in the context of international trade is determined by the opportunity cost of producing one good over another. If the U.S. has a comparative advantage in producing rice, it implies that the U.S. can produce rice at a lower opportunity cost compared to Korea. To analyze the situation, let's consider the production figures provided:

In the U.S., the opportunity cost of producing one unit of rice is 6/7 units of cars. In Korea, the opportunity cost of producing one unit of rice is X/9 units of cars. Since the U.S. has the comparative advantage in rice production, X/9 (opportunity cost for Korea) should be greater than 6/7 (opportunity cost for the U.S.).

Mathematically, this can be expressed as:

[tex]\[ \frac{X}{9} > \frac{6}{7} \][/tex]

To simplify the comparison, multiply both sides of the inequality by 9 to get:

[tex]\[ X > \frac{54}{7} \][/tex]

Therefore, the correct statement is [tex]\( X > \frac{54}{7} \)[/tex] making option B the correct option.

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Jackson purchases a new car for $48,000. The car’s value can be modeled by the following exponential function:y=48000(0.76)^t where y represents the cars value and t represents time in years . What is the decay rate expressed as a percentage?

Answers

Answer:

The decay rate expressed as a percentage is of 24%.

Step-by-step explanation:

The equation for the value of the car has the following format:

[tex]y(t) = y0(1-r)^{t}[/tex]

In which y(t) is the value of the car after t years, y0 is the initial value and r is the decay rate, as a decimal.

In this problem:

y=48000(0.76)^t

So

Comparing to the general formula:

1 - r = 0.76

r = 1 - 0.76

r = 0.24

To convert from decimal to percentage, we multiply by 100

The decay rate expressed as a percentage is of 24%.

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