Your Mutual Fund was valued at $237,500. It has lost 6% per year for the last 3 years. What is its value today?

a) $179,263.70
b) $187,721.40
c) $197,263.70
d) $237,500.60

Answers

Answer 1

Answer:

The answer is C) $197,263.70

Step-by-step explanation:

It's losing 6% PER year for the last 3 year.

You can do what I did and take $237,500 and times it 0.06. Which should give you 14,250, that is how much is lost in year one.

So subtract 14,250 from 237,500, you should have $223,250 now.

Repeat the first step with $223,250 now, you times it by 0.06 again and you should get 13,395, you subtract that from $223,250.

You have $209,855 now, once again times that by 0.06 and you get 12,591.30. Subtract 12,591.30 from 209,855 and you should end up with $197,263.70

It's a long, simple method and I'm sure there is another method of solving this question, but this is an easy way to get the answer.

Answer 2

Answer:

c

Step-by-step explanation:

because simple answer


Related Questions

The vertices of triangle ABC are as
follows:
A: (0, 6)
B: (0, -3)
C: (-3, 4)
What is the length of side AB?
Solution:​

Answers

Answer:

The length of side AB is 9 units.

Step-by-step explanation:

In order to find this answer, you must use the distance formula.

[tex]\sqrt{(x_2 - x_1)^2 + (y_2 - y_1)^2}[/tex]

x2 = 0

x1 = 0

y2 = -3

y1 = 6

Since both x values are equal to zero, we do not need to plug these into our formula. It will just cancel out. Therefore, just plug in the y values.

[tex]\sqrt{(-3-6)^2}[/tex]

-3 - 6 = -9

(-9)^2 = 81

sqrt(81) = 9 units

Jane has three bottles that each hold 0.75 liters. She fills them with olive oil from a store that charges $0.21 for every 25 milliliters of oil.

How much does it cost Jane to fill her three bottles with olive oil?

Answers

The requried total cost of filling her three bottles with olive oil is 2250 x $0.0084 = $18.90.

What is simplification?

Simplification is the process of using rules of arithmetic and algebra to eliminate extraneous terms, factors, or operations from an expression, with the objective of obtaining a more manageable, manipulable, or solvable expression. One approach to simplification involves combining like terms, factoring, or utilizing the distributive property when simplifying an algebraic expression.

Here,
Each bottle holds 0.75 liters, which is equivalent to 750 milliliters. So, Jane fills a total of 3 x 750 = 2250 milliliters of olive oil.

The cost of the olive oil is $0.21 for every 25 milliliters, which means the cost per milliliter is $0.21/25 = $0.0084.

Therefore, the total cost of filling her three bottles with olive oil is 2250 x $0.0084 = $18.90.

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It costs Jane $18.90 to fill her three bottles with olive oil, each holding 0.75 liters.

Calculating the Cost of Olive Oil

Jane has three bottles that each hold 0.75 liters. To find out how much it costs her to fill these bottles with olive oil, we need to make a few calculations.

Step-by-Step Calculation:

→ Total volume Jane needs:

= 3 bottles x 0.75 liters

= 2.25 liters

→ Convert liters to milliliters:

= 2.25 liters x 1000

= 2250 milliliters

→ Cost of 25 milliliters of oil: $0.21

→ Number of 25 milliliter increments in 2250 milliliters:

= 2250 / 25

= 90 increments

→ Total cost:

= 90 x $0.21

= $18.90

Therefore, it costs Jane $18.90 to fill her three bottles with olive oil.

One hundred tickets, numbered 1, 2, 3, . . . , 100, are sold to 100 different people for a drawing. Four different prizes are awarded, including a grand prize (a trip to Tahiti). How many ways are there to award the prizes if it satisfies the given conditions.

Answers

Answer:

The number of ways  to award the prizes if it satisfies the given conditions is 94,109,400.

Step-by-step explanation:

There are 100 tickets that are distributed among 100 different people.

Four different prizes are awarded, including a grand prize.

The selection of the four wining tickets can be done using permutations.

Permutation is an arrangement of all the data set in a specific order.

The formula to compute the permutation of k objects from n different objects is:

[tex]^{n}P_{k}=\frac{n!}{(n-k)!}[/tex]

In this case we need to compute the number of selection of the 4 winning tickets accordingly from 100 tickets.

Compute the number of ways to select 4 winning tickets as follows:

 [tex]^{n}P_{k}=\frac{n!}{(n-k)!}[/tex]

[tex]^{100}P_{4}=\frac{100!}{(100-4)!}[/tex]

         [tex]=\frac{100!}{96!}[/tex]

         [tex]=\frac{100\times99\times98\times97\times96!}{96!}[/tex]

         [tex]=94109400[/tex]

Thus, the number of ways  to award the prizes if it satisfies the given conditions is 94,109,400.

In 10-mph crash tests, 25% of a certain type of automobile sustain no visible damage. A modified bumper design has been proposed in an effort to increase this percentage. Let denote the proportion of all cars with this new bumper that sustain no visible damage in 10-mph crash test. The hypothesis to be tested is The test will be based on an experiment involving independent crashes of car prototypes with the new bumper. Let denote the number of crashes resulting in no visible damage, and consider the test procedure that rejects

(a) Find the probability of type I error.

Answers

Answer:

(a) Find the probability of type I error. = 0.1018

Step-by-step explanation:

check attachment for the answer

Answer:

The probability of Type I error is = 0.10185.

Step-by-step explanation:

Solution:-

The type I - error is defined as the probability of rejecting Null hypothesis defined by Alternate hypothesis:

                          Ha : X ≥ 8

Where,

X : Denote the number of cars crash with no visible damage

The random variate "X" is defined by binomial distribution:

                            X ~ B ( n = 20 , p = 0.25 )

- The probability of Type I error:

                        P (Type I error ) = P ( Reject Null hypothesis )

                                                   = P ( X ≥ 8 )

- The probability mass function of binomial random variate "X" is given:

                     [tex]P ( X = x ) = nCr (p)^r * (1-p)^(^n^-^r^)\\P ( X \geq 8 ) = 1 - P ( X < 8 )\\\\P ( X \geq 8 ) = 1 - [ P ( X = 0 ) + P ( X = 1 ) + P ( X = 2 ) + P ( X = 3 ) + P ( X = 4 ) + P ( X = 5 ) + P ( X = 6 ) + P ( X = 7 ) ][/tex][tex]P ( X \geq 8 ) = 1 - [ (0.75)^2^0 + 20(0.25)*(0.75)^1^9 + 20C2(0.25)^2*(0.75)^1^8 +\\\\ 20C3(0.25)^3*(0.75)^1^7 + 20C4(0.25)^4*(0.75)^1^6 + 20C5(0.25)^5*(0.75)^1^5\\\\ + 20C6(0.25)^6*(0.75)^1^4 + 20C7(0.25)^7*(0.75)^1^3 ] \\\\\\P ( X \geq 8 ) = 1 - [ 0.00317 + 0.02114 + 0.06694 + 0.13389 + 0.18968 + 0.20233\\\\+ 0.16860 + 0.11240]\\\\P ( X \geq 8 ) = 1 - 0.89815 = 0.10185[/tex]

Answer: The probability of Type I error is = 0.10185.

Your boss tells you that she knows the length of the widgets your company makes is normally distributed with a mean of 25 inches and a population standard deviation of 12 inches. If you take samples of size 9 from finished widgets in the warehouse, in order to check for quality, what will be the mean and standard deviation of the sampling distribution?

Answers

Answer:

Mean of sampling distribution = 25 inches

Standard deviation of sampling distribution = 4 inches

Step-by-step explanation:

We are given the following information in the question:

Mean, μ = 25 inches

Standard Deviation, σ = 12 inches

Sample size, n = 9

We are given that the distribution of length of the widgets is a bell shaped distribution that is a normal distribution.

a) Mean of the sampling distribution

The best approximator for the mean of the sampling distribution is the population mean itself.

Thus, we can write:

[tex]\bar{x} = \mu = 25\text{ inches}[/tex]

b) Standard deviation of the sampling distribution

[tex]s = \dfrac{\sigma}{\sqrt{n}} = \dfrac{12}{\sqrt{9}} = 4\text{ inches}[/tex]

Using the Central Limit Theorem, it is found that:

The mean of the distribution would be of 25 inches.The standard deviation of the distribution would be of 4 inches.

The Central Limit Theorem establishes 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 the population:

Mean of 25 inches, thus [tex]\mu = 25[/tex]Standard deviation of 12 inches, thus [tex]\sigma = 12[/tex].

Samples of size 9, thus [tex]n = 9[/tex].

By the Central Limit Theorem:

The mean of the sampling distribution is [tex]\mu = 25[/tex].The standard deviation of the sampling distribution is [tex]s = \frac{\sigma}{\sqrt{n}} = \frac{12}{\sqrt{9}} = 4[/tex].

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Tri-County Utilities, Inc., supplies natural gas to customers in a three-county area. The company purchases natural gas from two companies: Southern Gas and Northwest Gas. Demand forecasts for the coming winter season are Hamilton County, 400 units; Butler County, 200 units; and Clermont County, 300 units. Contracts to provide the following quantities have been written: Southern Gas, 500 units; and Northwest Gas, 400 units. Distribution costs for the counties vary, depending upon the location of the suppliers. The distribution costs per unit (in thousands of dollars) are as follows

From Hamilton Butler Clermont
Southern Gas 10 20 15
Northwest Gas 12 15 18

Develop a network representation of this problem.

Answers

The question involves creating a network representation for multiple-source, multiple-destination distribution, for which nodes represent suppliers and counties, arcs represent the paths with capacities and costs, depicting the logistics of natural gas distribution by Tri-County Utilities, Inc.

Explanation:

The student is asking for a network representation for a supply and distribution problem faced by Tri-County Utilities, Inc. This is related to operations research within the business field, specifically dealing with the optimization of supply chain logistics. The company must distribute natural gas, supplied by Southern Gas and Northwest Gas, to three different counties with varying demand and distribution costs. The aim is to represent this scenario using a network graph that visualizes the routes between the suppliers (Southern Gas and Northwest Gas) and the counties (Hamilton, Butler, and Clermont) along with the distribution costs for each route.

To create a network representation, start with two nodes representing the suppliers and add three additional nodes representing the counties. Then, six directed arcs are drawn from the suppliers to the counties. The capacities of the arcs emanating from Southern Gas should be labeled with 500 units, and those from Northwest Gas should be labeled with 400 units. Likewise, the demand at each county node should be assigned (Hamilton with 400 units, Butler with 200 units, and Clermont with 300 units). Lastly, the costs should be labeled on each of the arcs as provided: from Southern Gas to Hamilton, Butler, and Clermont, the costs are 10, 20, and 15 (in thousands of dollars) respectively, and from Northwest Gas, the costs are 12, 15, and 18 (in thousands of dollars).

Final answer:

The detailed answer explains how to create a network representation for the gas supply problem.

Explanation:

Network Representation:

To develop a network representation of this problem, we can create a graph with nodes representing the counties and the suppliers, and edges representing the distribution costs per unit between them. Here's a simple representation:

Nodes: Hamilton County, Butler County, Clermont County, Southern Gas, Northwest Gas

Edges with Costs:

Hamilton County to Southern Gas - $10

Butler County to Southern Gas - $20

Clermont County to Southern Gas - $15

Hamilton County to Northwest Gas - $12

Butler County to Northwest Gas - $15

Clermont County to Northwest Gas - $18

Look at the diagram.
Which term describes IG?

Answers

Answer: Angle Bisector

Step-by-step explanation: You divided into two equal angles, you bisected. You turned F, I, G and I, G, H  into two separate triangles.

pablo and greg both received gift cards for the same amount to a popular clothing store.Pablo bought 2 pairs of jeans and has $36 remaining on his gift card. greg bought 5 pairs of the same jeans and has no money left on his gift card. what is the cost of 1 pair of jeans.

Answers

Answer:

12

Step-by-step explanation:

let y be the value of the gift card and x be the cost of a pair of jeans

The equation for Pablo

y-2x=36    Add 2x to both sides

y=36+2x

The equation for Greg

y-5x=0      Add 5x to both sides

y=5x

Now that we have isolated y in both equations, lets set them equal to each other

36+2x=5x      Subtract 2x from both sides

36=3x            Divide both sides by 3

12=x                x=12, which means that 1 pair of jeans costs $12

Final answer:

The cost of one pair of jeans is $12.

Explanation:

To find the cost of one pair of jeans, we can set up an equation using the information given.

Let's say the cost of one pair of jeans is x. Pablo bought 2 pairs of jeans, so he spent 2x.

He has $36 remaining on his gift card, which means the total amount he spent is the original amount on the gift card minus the remaining balance, which is 2x = original amount - $36.

Greg bought 5 pairs of jeans, so he spent 5x.

He has no money left on his gift card, so the total amount he spent is 5x = original amount.

We can write these two equations:

2x = original amount - $36 ... Equation 1

5x = original amount ... Equation 2

To solve this system of equations, we can substitute Equation 2 into Equation 1:

2x = 5x - $36

3x = $36

x = $12

Therefore, the cost of one pair of jeans is $12.















Write the word sentence as an equation. Then solve the equation.

10 more than a number c is 3

Answers

Answer:

Equation: 10+c=3

Answer: c=-7

Step-by-step explanation:

1. 10+c=3

2. c=3-10

3. c=-7

Answer:

c=-7

Step-by-step explanation:

c+10=3

Subtract 10 from both sides

c=-7

What is inequality for 48-15=

Answers

Answer:

48-15 is 33

Step-by-step explanation:

In a survey of 468 registered voters, 152 of them wished to see Mayor Waffleskate lose her next election. The Waffleskate campaign claims that no more than 32% of registered voters wish to see her defeated. Does the 95% confidence interval for the proportion support this claim?

Answers

Answer:

The 95% confidence interval for the proportion is (0.2824, 0.3672). The upper limit of the interval is higher than 32% = 0.32, which means that the confidence interval does not support this claim.

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 zscore that has a pvalue of [tex]1 - \frac{\alpha}{2}[/tex].

For this problem, we have that:

[tex]n = 468, \pi = \frac{152}{468} = 0.3248[/tex]

95% confidence level

So [tex]\alpha = 0.05[/tex], z is the value of Z that has a pvalue of [tex]1 - \frac{0.05}{2} = 0.975[/tex], so [tex]Z = 1.96[/tex].

The lower limit of this interval is:

[tex]\pi - z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.3248 - 1.96\sqrt{\frac{0.3248*0.6752}{468}} = 0.2824[/tex]

The upper limit of this interval is:

[tex]\pi + z\sqrt{\frac{\pi(1-\pi)}{n}} = 0.3248 + 1.96\sqrt{\frac{0.3248*0.6752}{468}} = 0.3672[/tex]

The 95% confidence interval for the proportion is (0.2824, 0.3672). The upper limit of the interval is higher than 32% = 0.32, which means that the confidence interval does not support this claim.

Final answer:

In this problem, we apply mathematical concepts related to statistics to determine whether a campaign claim is supported by a survey. The calculation of a 95% confidence interval supports Mayor Waffleskate's claim that no more than 32% of voters want her defeated.

Explanation:

The subject in question refers to confidence intervals and population proportions, both of which are topics in statistics. To answer it, we need to construct a 95% confidence interval for the proportion of voters who wish to see Mayor Waffleskate defeated in the election, based on a sample size of 468 voters, of which 152 express this sentiment.

The first step is to calculate the sample proportion (p), which is the number of 'successes' over the sample size, or in this case 152/468, which equals approximately 0.325.

Next, we apply the formula for the confidence interval for a population proportion, which i

Because the confidence interval (0.278, 0.372) includes the value of 0.32 stated by the Waffleskate campaign, it can be concluded that the claim that no more than 32% of registered voters wish to see her defeated is plausible or supported by this survey at the 95% confidence level.

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If (x) = 38 + 10xand g(x) = 4X- 2, find (f+ g(x).
Ο
Α. 17x- 2
Ο
Β. 3* + 6x + 2
Ο
C. 38 + 14χ- 2
Ο
D. 38 - 6x+2

Answers

Answer:

38 + 10x + 4x - 2

14x + 36

answer is c

6x

Concert marketing: The college’s performing arts center wanted to investigate why ticket sales for the upcoming season significantly decreased from last year’s sales. The marketing staff collected data from a survey of community residents. Out of the 110 people surveyed, only 7 received the concert brochure in the mail. Which of the following is a reason that the marketing staff should not calculate a confidence interval for the proportion of all community residents who received the concert brochure by mail? Check all that apply. Group of answer choices The sample needs to be random, but we don’t know if it is. The actual count of community residents who received the concert brochure by mail is too small. The actual count of students who community residents who didn’t receive the concert brochure by mail is too small. n(p‐hat) is not greater than 10. n(1 minus p‐hat) is not greater than 10.

Answers

Answer:

Correct options are A,B,D:

The sample needs to be random, but we don't know if it is. The actual count of community residents who received the concert brochure by mail is too small.  n(1 minus p‐hat) is not greater than 10.

Step-by-step explanation:

Concert marketing: The college’s performing arts center wanted to investigate why ticket sales for the upcoming season significantly decreased from last year’s sales. The marketing staff collected data from a survey of community residents. Out of the 110 people surveyed, only 7 received the concert brochure in the mail.

Final answer:

The college's performing arts center should not calculate a confidence interval for the proportion of community residents who received the concert brochure by mail because there is no information on the randomness of the sample, and both n(p-hat) and n(1 minus p-hat) are less than 10.

Explanation:

The college's performing arts center should not calculate a confidence interval for the proportion of all community residents who received the concert brochure by mail based on the collected survey data for a few reasons. First, the sample needs to be random to provide a representative subset of the population, and there is no information provided to confirm that the sample used was random. Secondly, n(p-hat) is not greater than 10, which refers to the number of successes (7 residents received the brochure) not meeting the minimum requirement for the normal approximation to be valid. Lastly, n(1 minus p-hat) is also not greater than 10, indicating that the number of 'failures' (103 residents did not receive the brochure) also does not meet the condition for the central limit theorem to apply. Both the latter points touch upon the requirements for constructing a confidence interval for a proportion which is that np-hat as well as n(1-p-hat) should both be greater than 10 to approximate the binomial distribution with the normal distribution.

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A textile mill wishes to establish a control procedure on flaws in towels it manufactures. Using an inspection unit of 50 units, past inspection data show that 100 previous inspection units had 850 total flaws. What type of control chart is appropriate? Design the control chart such that it has two-sided probability control limits of α=0.06, approximately. Give the center line and control limits.

Answers

Answer:

•A c-chart is the appropriate control chart

• c' = 8.5

• Control limits, CL = 8.5

Lower control limits, LCL = 0

Upper control limits, UCL = 17.25

Step-by-step explanation:

A c chart is a quality control chart used for the number of flaws per unit.

Given:

Past inspection data:

Number of units= 100

Total flaws = 850

We now have:

c' = 850/100

= 8.5

Where CL = c' = 8.5

For control limits, we have:

CL = c'

UCL = c' + 3√c'

LCL = c' - 3√c'

The CL stands for the normal control limit, while the UCL and LCL are the upper and lower control limits respectively

Calculating the various control limits we have:

CL = c'

CL = 8.5

UCL = 8.5 + 3√8.5

= 17.25

LCL = 8.5 - 3√8.5

= -0.25

A negative LCL tend to be 0. Therefore,

LCL = 0

Final answer:

The appropriate control chart for the textile mill is the p-chart. The center line is 8.5 flaws per unit, and the control limits can be calculated using the formula LCL = p - Z * sqrt((p(1-p)) / n) and UCL = p + Z * sqrt((p(1-p)) / n).

Explanation:

The appropriate control chart for the textile mill to establish a control procedure on flaws in towels is the p-chart. This chart is used to monitor the proportion of defects in a process. The center line of the p-chart is calculated using the formula p = defects / units inspected. In this case, the center line is 850 / 100 = 8.5 flaws per unit. The control limits are calculated using the formula:

Upper Control Limit (UCL) = p + Z * sqrt((p(1-p)) / n)Lower Control Limit (LCL) = p - Z * sqrt((p(1-p)) / n)

Where p is the proportion of defects, Z is the Z-score corresponding to the desired level of significance (such as 0.06), and n is the number of units inspected. The Z-score can be calculated using a Z-table or a statistical software. The control chart is used to determine if the process is in control or if there are any special causes of variation that need to be addressed.

Simplify 16 – 1.42 + (–1.5) *

Answers

Answer:

13.08

Step-by-step explanation:

Final answer:

The simplified result of the given mathematical expression (16 – 1.42 + (–1.5)) is 13.08. This is achieved by following the order of operations for addition and subtraction.

Explanation:

To answer this question, we need to simplify the given expression which includes subtraction and addition of numbers.

The expression is 16 – 1.42 + (–1.5). To simplify, we follow the order of operations, which for this question is just addition and subtraction from left to right.

First, subtract 1.42 from 16, which gives us 14.58.

Next, we need to add -1.5 to 14.58. When we add a negative number, it's the same as subtracting that number. Therefore, 14.58 - 1.5 = 13.08.

The simplified result of 16 – 1.42 + (–1.5) is 13.08.

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Suppose you toss a coin 100

times and get 67

heads and 33

tails. Based on these​ results, what is the probability that the next flip results in a tail
​?

Answers

Final answer:

The probability of getting a tail on the next coin flip remains at 50 percent, regardless of the previous series of outcomes because each coin flip is an independent event.

Explanation:

The question is concerned with the probability of getting a tail after having tossed a coin 100 times and obtaining 67 heads and 33 tails. Despite the past results of these tosses, the coin still has a 50 percent chance of landing on heads or tails on any given flip. This concept is based on the idea that each coin flip is an independent event with its own probability, unaffected by previous outcomes.

To answer the student's question directly, the probability that the next flip results in a tail is still 50 percent because past results do not change the probability of future coin flips. This is supported by the law of large numbers, which states that as the number of trials increases, the relative frequency of results will get closer to the expected probability.

what is the measure of angle x?

20

70

80

110

Answers

Answer:

70

Step-by-step explanation: The sum of all interior angles in a triangle equal 180 degrees. Your problem already shows an angle of 90 degrees ( right angle) and an angle of 20 degrees.

180-90-20=70

Answer:

70°

Step-by-step explanation:

Every triangle's angles add to 180°

Therefore,

90+20=110

180-110=70°

Help me plz i neEd answer

Answers

Answer:

C)[tex]64 feet^{2}[/tex]

Step-by-step explanation:

The formula for the area of a trapezium is :

[tex]\frac{a+b}{2} *height[/tex]

A is the top line

B is the bottom line

To work this out you would first add 6 to 10, which is 16. Then you would divide 16 by 2, which is 8. Then you would multiply 8 by 8, which is 64 [tex]feet^{2}[/tex]

1) Add 6 to 10.

[tex]6+10=16[/tex]

2) Divide 16 by 2.

[tex]16/2=8[/tex]

3) Multiply 8 by 8.

[tex]8*8=64 feet^{2}[/tex]

Someone please help, this is my last resort

Answers

Answer:

34 5/8

Step-by-step explanation:

you just add all the numbers on the left and the two drawer numbers then boom!!

3/4(1440) + 295.25 + (-33.50)

Answers

Answer:

Your answer is 1341.75

Step-by-step explanation:

3/4 x 1440 = 1080

1080 + 295.25 = 1375.25

1375.25 + -33.50 = 1341.75

The solution of the given expression 3/4(1440) + 295.25 + (-33.50) involving multiplication, addition, and subtraction in mathematics is equal to 1341.75.

The expression provided is:

3/4(1440) + 295.25 + (-33.50)

To solve this, we need to follow the order of operations (PEMDAS):

Multiply 3/4 by 1440 to get 1080.

Add 1080 to 295.25 to get 1375.25.

Finally, subtract 33.50 from 1375.25 to get the final answer of 1341.75.

select each angle that has a measure of 30

Answers

Answer:

Please post another question with the angle that you were given. Thank you!

Step-by-step explanation:

There wasn't any angles given therefore, I couldn't help!

You did not give out the angles

A​ half-century ago, the mean height of women in a particular country in their 20s was 64.7 inches. Assume that the heights of​ today's women in their 20s are approximately normally distributed with a standard deviation of 2.07 inches. If the mean height today is the same as that of a​ half-century ago, what percentage of all samples of 21 of​ today's women in their 20s have mean heights of at least 65.86 ​inches?

Answers

Answer:

99.5% of all samples of 21 of​ today's women in their 20's have mean heights of at least 65.86 ​inches.

Step-by-step explanation:

We are given that a half-century ago, the mean height of women in a particular country in their 20's was 64.7 inches. Assume that the heights of​ today's women in their 20's are approximately normally distributed with a standard deviation of 2.07 inches.

Also, a samples of 21 of​ today's women in their 20's have been taken.

Let [tex]\bar X[/tex] = sample mean heights

The z-score probability distribution for sample mean is given by;

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

where, [tex]\mu[/tex] = population mean height of women = 64.7 inches

            [tex]\sigma[/tex] = standard deviation = 2.07 inches

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.

Now, Probability that the sample of 21 of​ today's women in their 20's have mean heights of at least 65.86 ​inches is given by = P([tex]\bar X[/tex] [tex]\geq[/tex] 65.86 inches)

  P([tex]\bar X[/tex] [tex]\geq[/tex] 65.86 inches) = P( [tex]\frac{\bar X -\mu}{\frac{\sigma}{\sqrt{n} } }[/tex] [tex]\geq[/tex] [tex]\frac{65.86-64.7}{\frac{2.07}{\sqrt{21} } }[/tex] ) = P(Z [tex]\geq[/tex] -2.57) = P(Z [tex]\leq[/tex] 2.57)

                                                                        = 0.99492  or  99.5%

The above probability is calculated by looking at the value of x = 2.57 in the z table which has an area of 0.99492.

Therefore, 99.5% of all samples of 21 of​ today's women in their 20's have mean heights of at least 65.86 ​inches.

There was a trucking strike that caused a prime ingredient in your menu item to shoot up 17%. You were paying $12 per package. How much will you have to increase the price of the menu item if you wish to maintain your current dollar profit margin on the menu item? a) $2.04 b) $6.37 c) $7.15 d) $9.44

Answers

The amount by which we must raise the price in order to retain your existing dollar profit margin is $2.04; the right solution is (a).

What is an expression?

The mathematical expression combines numerical variables and operations denoted by addition, subtraction, multiplication, and division signs.

Mathematical symbols can be used to represent numbers (constants), variables, operations, functions, brackets, punctuation, and grouping. They can also denote the logical syntax's operation order and other properties.

There was a trucking strike that caused a prime ingredient in your menu item to shoot up by 17%. You were paying $12 per package.

The increases in the price of the ingredient = 17% of 12

Increase = 0.17 × 12            

Increase = 2.04

Therefore, the amount by which we must raise the price in order to retain your existing dollar profit margin is $2.04; the right solution is (a).

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The price of the menu item should be increased by $2.04.

Let's begin by calculating the new cost per package after the price increase. If the original cost per package was $12 and it increased by 17%, we calculate the increase as follows:

Increase = 12 * 0.17 = 2.04

The new cost per package will be:

New cost = 12 + 2.04 = 14.04

To maintain the same dollar profit margin on your menu item, you need to increase the price by the same amount as the cost increase, which is $2.04.

Male cardinal birds sing to attract females. An ornithologist wants to test the claim that the true mean duration of songs sung by male cardinals is more than 6 seconds. She takes a SRS of 35 male cardinals and finds a sample mean duration of 6.31 seconds and a sample standard deviation of 1.2 seconds. Which of the following is the appropriate test statistic to test this claim? a. 1.5063 Ob.0.0074 c. 5.465 d. 1.5283 e. 0.0437

Answers

Answer:

[tex]t=\frac{6.31-6}{\frac{1.2}{\sqrt{35}}}=1.5283[/tex]    

d. 1.5283

Step-by-step explanation:

Data given and notation    

[tex]\bar X=6.31[/tex] represent the sample mean    

[tex]s=1.2[/tex] represent the sample standard deviation    

[tex]n=35[/tex] sample size    

[tex]\mu_o =6[/tex] represent the value that we want to test    

t would represent the statistic (variable of interest)    

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

State the null and alternative hypotheses.    

We need to conduct a hypothesis in order to check if the mean is higher than 6 seconds, the system of hypothesis are :    

Null hypothesis:[tex]\mu \leq 6[/tex]    

Alternative hypothesis:[tex]\mu > 6[/tex]    

Since we don't know the population deviation, 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".    

Calculate the statistic    

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

[tex]t=\frac{6.31-6}{\frac{1.2}{\sqrt{35}}}=1.5283[/tex]    

d. 1.5283

Kim wants to buy a car. Help Kim compute the monthly payment on a loan, given the loan amount, the annual percentage rate of interest, and the number of monthly payments.The program should allow Kim to input the loan amount, interest rate, and how many payments she wants to make.It should then compute and display the monthly payment.You will need the following variables:Payment LoanAmt InterestRateMonthlyRate NumberMonthsYou will need the following formulas:MonthlyRate = InterestRate/1200Note: when the user enters InterestRate as a percentage, it must be divided by 100 to make it a decimal (i.e., 18% = 18/100 = 0.18).The InterestRate offered by car dealers is an annual rate so this must be divided by 12 to get the MonthlyRate.The formula given above combines the two steps (i.e., annual rate of 18% = 18/100 = 0.18 and the monthly rate is 0.18/12 = 0.015 or 18/(100*12) = 18/1200.Payment = LoanAmt * MonthlyRate * (1 +MonthlyRate)^NumberMonths (divided by) ((1 +MonthlyRate)^NumberMonths -1)Note: The formula must be entered carefully, exactly as shown.

Answers

Answer:

The complete Python program to calculate the monthly payment on a loan with step by step explanation is given below.

Python Code with Explanation:

# get the loan amount from the user

LoanAmt=eval(input("Please enter the loan amount: "))

# get the annual interest rate from the user in percentage form

InterestRate=eval(input("Please enter the annual interest rate in percentage: "))

# get the number of months from the user

NumberMonths=eval(input("Please enter the number of months: "))

# convert the annual interest rate into monthly interest rate and also into decimal form according to the equation given in the question

MonthlyRate = InterestRate/1200

# implement the given equation to find out the required monthly payment, the operator (**) is used to raise to the power

Payment = (LoanAmt*MonthlyRate (1+MonthlyRate)**NumberMonths)/((1+MonthlyRate)**NumberMonths -1)

# finally, print the monthly payment

print("The monthly payment is: ", Payment)

Output:

Please enter the loan amount: 1500

Please enter the annual interest rate in percentage: 15

Please enter the number of months: 12

The monthly payment is: 135.38746851773584

Bonus:

You can use this command to limit the digits after the decimal point

For example following code will limit to 2 digits after the decimal point.

print(format(Payment, '.2f'))

Please Help!
Look at the pattern.
What is the ratio of the area of the unshaded parts to the area of
the shaded parts in Figure 4? Express your answer as a ratio in its
simplest form.​

Answers

Answer:

16:27

Step-by-step explanation:

16 white squares and 27 shaded squares

The ratio of the area of the unshaded parts to the area of the shaded parts is 4/5.

What is ratio?

The numerical relationship between two values that demonstrates how frequently one value contains or is contained within another.

To find the ratio:

Required ratio =  number of unshaded columns / total number of shaded columns

In the given figure 1,

Total no. of columns =3 x 3 = 9

Number of columns shaded = 9 -1 = 8

In the given figure 2,

Total no. of columns = 4 x 4 = 16

Number of columns shaded = 16 - 4 = 12

In the given figure 3,

Total no. of columns = 5 x 5 = 25

Number of columns shaded = 25 - 9 = 16

Similarly;

In the figure 4,

Total no. of columns = 6 x 6 = 36

Number of columns shaded = 36 - 16 = 20

Required ratio =  number of unshaded columns / total number of shaded columns

​Required ratio = 16 / 20

Required ratio = 4/5

Therefore, the ratio is 4/5.

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If probability of catching a cold is 0.03, what is the probability of 3 people out of six catching a cold?

Answers

Answer:

[tex]P(X=x)=0.0004928[/tex]

Step-by-step explanation:

-This is a binomial probability problem.

-Given the probability of catching a cold is 0.03, n=6

#The probability of exactly 3 people catching a cold is calculated as:

[tex]P(X=x)={n\choose x}p^x(1-p)^{n-x}\\\\P(X=3)={6\choose3}0.03^3(1-0.03)^3\\\\=0.0004928[/tex]

Hence, the probability of exactly 3 in 6 people catching a cold is 0.0004928

A rental car agency charges $30.00 per day
plus per mile $0.15. Another rental car
agency charges $36.00 per day plus $0.10
per mile. How many miles would have to be
driven in one day for both rental agencies
to cost the same amount to rent?​

Answers

Answer:They should travel 120 mils in one day for both rental agencies  to cost the same amount to rent

Step-by-step explanation:

A rental car agency charges $30.00 per day  plus per mile $0.15.

Let x be the number of miles travelled by car

Their total cost = 30 + (0.15x)   ... (1)

Another rental car  agency charges $36.00 per day plus $0.10  per mile

Their total cost = 36 + (0.10x)   ... (2)

Equating (1) and (2), we get

30 + (0.15x) = 36 + (0.10x)

36 - 30 = 0.15x - 0.10x

6 = 0.05x

x = 120 miles

They should travel 120 mils in one day for both rental agencies  to cost the same amount to rent

Final answer:

To find the number of miles that would have to be driven in one day for both rental agencies to cost the same, set up an equation and solve for the number of miles ,  The two rental agencies would cost the same amount to rent if 120 miles were driven in one day.

Explanation:

Let's denote the number of miles driven in one day as x. The total cost for the first rental car agency would be $30.00 + $0.15x, and the total cost for the second agency would be $36.00 + $0.10x. In order for both rental agencies to cost the same amount, we can set up the equation:

$30.00 + $0.15x = $36.00 + $0.10x

Simplifying the equation, we get:

$0.05x = $6.00

Dividing both sides of the equation by $0.05, we find:

x = $120.00

Therefore, the two rental agencies would cost the same amount to rent if 120 miles were driven in one day.

At the end of the current year, Accounts Receivable has a balance of $4,375,000; Allowance for Doubtful Accounts has a debit balance of $21,300; and sales for the year total $102,480,000. Using the aging method, the balance of Allowance for Doubtful Accounts is estimated as $205,000.

a. Determine the amount of the adjusting entry for uncollectible accounts.

Answers

Answer:

$226,300

Step-by-step explanation:

Given Allowance for Doubtful Accounts is estimated as $205,000 and Allowance for Doubtful Accounts has a debit balance of $21,300

#The  amount of the adjusting entry for uncollectible accounts is calculated as below:

[tex]Adjustment \ Cost=Allowance\ Doubtful\ Accounts +Doubtful \ Accounts \ Debit \ Balance\\\\=205000+21300\\\\\$226,300[/tex]

Hence,  the amount of the adjusting entry for uncollectible accounts is $226,300

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The King Cobra is a roller coaster. It sells more than 900 tickets each day. What inequality can you write to show the ticket sales, t? How would you graph the solutions of the inequality?

Answers

Answer: The inequality could be t > 900. Draw a number line so it includes 900. Draw an open circle on 900. Shade all the numbers greater than 900, or to the right.

Step-by-step explanation:

Inequality- Inequality is the something that is equal to the something or less than that of the sign give the conditions on which the graph is drawn on the basis of sales occured profits occured

It is the dotted line drawn if the curve is increasing or decreasing then the sign comes <,> It is the solid line occurs drawn if the sales occur according to the profit occurs constantly or equal to the at least value [tex]\leq \geq[/tex] sign indicates

Explanation to the above is the that mentioned below:

The graph of inequality makes   the solid line. Due to the roller coaster king cobra the ticket sales more than 900 each day and its constantly increasing day by day It providing smooth curve on the daily basis  due to the sell of tickets more with constant rate.

Thus we conclude that from the above the graph of the equation is solid line.

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