A bank is reviewing its risk management policies with regards to mortgages. To minimize the risk of lending, the bank wants to compare the typical mortgage owed by their clients against other homebuyers. The average mortgage owed by Americans is $306,500, with a standard deviation of $24,500. Suppose a random sample of 150 Americans is selected. Identify each of the following, rounding your answers to the nearest cent when appropriate:
1. $mu=?
2. $sigma=?
3. $=n=$
4. $mu_{overlinex}=$x=?
5. $sigma_{overlinex}=$x=?

Answers

Answer 1

Answer:

1. [tex]$ \mu = \$306,500 $[/tex]

2. [tex]\sigma = \$24,500[/tex]

3. [tex]n = 150[/tex]

4. [tex]$ \mu_{x}= \mu = \$306,500 $[/tex]

5. [tex]\sigma_x = \$ 2,000 \\\\[/tex]

Step-by-step explanation:

The average mortgage owed by Americans is $306,500, with a standard deviation of $24,500.

From the above information, we know that,  

The population mean is

[tex]$ \mu = \$306,500 $[/tex]

The population standard deviation is

[tex]\sigma = \$24,500[/tex]

Suppose a random sample of 150 Americans is selected

[tex]n = 150[/tex]

Since the sample size is quite large then according to the central limit theorem, the sample mean is approximately normally distributed.

The sample mean would be the same as the population mean  that is

[tex]$ \mu_{x}= \mu = \$306,500 $[/tex]

The sample standard deviation is given by

[tex]\sigma_x = \frac{\sigma}{\sqrt{n} }[/tex]

Where [tex]\sigma[/tex] is the population standard deviation and n is the sample size.

[tex]\sigma_x = \frac{24,500}{\sqrt{150} } \\\\\sigma_x = \$ 2,000 \\\\[/tex]

Therefore, the required parameters are:

1. [tex]$ \mu = \$306,500 $[/tex]

2. [tex]\sigma = \$24,500[/tex]

3. [tex]n = 150[/tex]

4. [tex]$ \mu_{x}= \mu = \$306,500 $[/tex]

5. [tex]\sigma_x = \$ 2,000 \\\\[/tex]


Related Questions

Emily worked only 4/5 of her normal 40-hr work week. If she makes $18 per hour, how much money did she earn for the week? Use the equation

Answers

Answer:

576 for the week

Step-by-step explanation:

First determine how many hours she worked

4/5 * 40 = 32 hours

32 hours times the hourly rate of 18

32*18 =576

What is the common difference of the sequence 20, 17, 14, 11, 8.... ?

Answers

Answer:

-3

Step-by-step explanation:

every sequence goes down by -3

Answer:

take away 3. the common difference is 3

Step-by-step explanation:

take away 3

The graphs below have the same shape. What is the equation of the blue
graph?

Answers

Answer: b

Explanation:

The -2 outside of the parentheses means it’s at y=-2 and the -4 inside the parentheses means it’s at x= 4 because it’s always the opposite

Use the given degree of confidence and sample data to construct a confidence interval for the population mean μ. Assume that the population has a normal distribution. Thirty randomly selected students took the calculus final. If the sample mean was 95 and the standard deviation was 6.6, construct a 99% confidence interval for the mean score of all students.
A. 91.68

B. 92.03 < μ < 97.97
C. 92.95

D. 91.69 < μ < 98.31

Answers

Answer:

B) 92.03 < μ < 97.97

99% confidence interval for the mean score of all students.

92.03 < μ < 97.97

Step-by-step explanation:

Step(i):-

Given sample mean (x⁻) = 95

standard deviation of the sample (s) = 6.6

Random sample size 'n' = 30

99% confidence interval for the mean score of all students.

[tex]((x^{-} - Z_{0.01} \frac{S}{\sqrt{n} } , (x^{-} + Z_{0.01} \frac{S}{\sqrt{n} })[/tex]

step(ii):-

Degrees of freedom

ν =   n-1 = 30-1 =29

[tex]t_{0.01} = 2.462[/tex]

99% confidence interval for the mean score of all students.

[tex]((95 - 2.462 \frac{6.6}{\sqrt{30} } , 95 + 2.462\frac{6.6}{\sqrt{30} } )[/tex]

( 95 - 2.966 , 95 + 2.966)

(92.03 , 97.97)

Final answer:-

99% confidence interval for the mean score of all students.

92.03 < μ < 97.97

A rectangle is constructed with its base on the​ x-axis and two of its vertices on the parabola yequals25minusxsquared. What are the dimensions of the rectangle with the maximum​ area? What is the​ area?

Answers

Answer:

The answer is "[tex]\bold{\frac{32}{3}}\\[/tex]"

Step-by-step explanation:

The rectangle should also be symmetrical to it because of the symmetry to the y-axis  The pole of the y-axis.  Its lower two vertices are (-x,0). it means that  

and (-x,0), and (x,0). Therefore the base measurement of the rectangle is 2x. The top vertices on the parabola are as follows:  

The calculation of the height of the rectangle also is clearly 16-x^2, (-x,16,-x^2) and (x,16,-x^2).  

The area of the rectangle:

[tex]A(x)=(2x)(16-x^2)\\\\A(x)=32x-2x^3[/tex]

The local extremes of this function are where the first derivative is 0:

[tex]A'(x)=32-6x^2\\\\32-6x^2=0\\\\x= \pm\sqrt{\frac{32}{6}}\\\\x= \pm\frac{4\sqrt{3}}{3}\\\\[/tex]

Simply ignore the negative root because we need a positive length calculation

It wants a maximum, this we want to see if the second derivative's profit at the end is negative.

[tex]A''\frac{4\sqrt{3}}{3} = -12\frac{4\sqrt{3}}{3}<0\\\\2.\frac{4\sqrt{3}}{3}= \frac{8\sqrt{3}}{3}\\\\\vertical \ dimension\\\\16-(\frac{4\sqrt{3}}{3})^2= \frac{32}{3}[/tex]

A researcher used the technique with 9 students and observed that they had a mean of 10.8 hours with a standard deviation of 1.5. A level of significance of 0.05 will be used to determine if the technique performs differently than the traditional method. Assume the population distribution is approximately normal. Find the value of the test statistic. Round your answer to three decimal places.

Answers

Answer:

[tex]t=\frac{10.8-11}{\frac{1.5}{\sqrt{9}}}=-0.4[/tex]    

The degrees of freedom are given by:

[tex]df=n-1=9-1=8[/tex]  

And the p value would be given by:

[tex]p_v =P(t_{(8)}<-0.4)=0.350[/tex]  

Since the p value is higher than the the significance level of 0.05 we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean is not significantly different from the traditional methods.

Step-by-step explanation:

Assuming this first part of the problem obtained from the web: "Using traditional methods, it takes 11.0 hours to receive a basic driving license. A new license training method using Computer Aided Instruction (CAI) has been proposed"

Information given

[tex]\bar X=10.8[/tex] represent the mean height for the sample  

[tex]s=1.5[/tex] represent the sample standard deviation

[tex]n=9[/tex] sample size  

[tex]\mu_o =11[/tex] represent the value that we want to test

[tex]\alpha=0.05[/tex] represent the significance level

t would represent the statistic  

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

Hypothesis to test

We want to check if the true mean for this case is equal to 11 or not, the system of hypothesis would be:  

Null hypothesis:[tex]\mu = 11[/tex]  

Alternative hypothesis:[tex]\mu \neq 11[/tex]  

The statistic would be given by:

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

Replacing the info given we got:

[tex]t=\frac{10.8-11}{\frac{1.5}{\sqrt{9}}}=-0.4[/tex]    

The degrees of freedom are given by:

[tex]df=n-1=9-1=8[/tex]  

And the p value would be given by:

[tex]p_v =P(t_{(8)}<-0.4)=0.350[/tex]  

Since the p value is higher than the the significance level of 0.05 we have enough evidence to FAIL to reject the null hypothesis and we can conclude that the true mean is not significantly different from the traditional methods.

given a 60 month car loan at 4.71%, explain how much your monthly payments would be for a $18,400 car and what your TOTAL COST would be given that interest.

Answers

Answer:

$23161.10

Step-by-step explanation:

Assuming this is compounded annually, we use our simple interest rate formula: A = P(1 + r)^t

Step 1: Convert months to years

60 months/12 month/year = 5 years

Step 2: Plug in known variables

A = 18400(1 + 0.0471)^5

Step 3: Solve

When you plug step 2 into your calc you should get 23161.1 as your answer. I am assuming that this isn't compounded quarterly or monthly, but just yearly.

Explain how to translate the statement into an equation. Use n for the variable. Thirteen less than a number is four EXPLAIN:

start here

Answers

Answer:

13-n=4

Subtract both sides by 13

-n=-9

n=9

Step-by-step explanation:

13 less means - and a number means n that you don’t know. is means = sign. And so we get the answer that I gave you. Thank you

The checking accounts of USF Credit Union are categorized by age of account and balance in account. We are going to select an account at random from this group of 2000 accounts.What is the conditional probability that the account has a balance at least $500, given that it is at least 3 years old, that is P(>=$500 | >=3 years)?
a. 1/2
b. 1/10
c. 1/4
d. None of these

Answers

Missing details to question is attached

Answer:

c) [tex] \frac{1}{4} [/tex]

Step-by-step explanation:

S

Required:

Find the probability that the account has a balance at least $500, given that it is at least 3 years old.

Which means: P(≥$500 | ≥3 years)

To find the probability, use the formula below:

P(≥$500 | ≥3 years) = (No. of accounts with balance≥ 500 and age ≥3 years) / (No. of accounts with age≥3 years)

Where from th given information:

Number of accounts with balance≥ 500 and age ≥3 years = 200

Number of accounts with age≥3 years = 600 + 200 = 800

Therefore,

P(≥$500 | ≥3 years) [tex] = \frac{200}{800} = \frac{1}{4} [/tex]

The probability that the account has a balance at least $500, given that it is at least 3 years old = [tex] \frac{1}{4} [/tex]

4. The dimensions of a triangular pyramid are shown below. The height of

the pyramid is 6 inches. What is the volume in cubic inches?

Answers

Answer:

5in³

Step-by-step explanation:

The question is in complete. Here is the complete question.

"The dimensions of a triangular pyramid are shown below. The height of

the pyramid is 6 inches. What is the volume in cubic inches?

Base of triangle = 1in

height of triangle = 5in"

Given the dimension of the triangular base of base 1 inch and height 5inches with the height of the pyramid to be 6inches, the volume of the triangular pyramid is expressed as [tex]V = \frac{1}{3}BH[/tex] where;\

B = Base area

H = Height of the pyramid

Base area  B = area of the triangular base = [tex]\frac{1}{2}bh[/tex]

b = base of the triangle

h = height of the triangle

B = [tex]\frac{1}{2} * 5 * 1\\[/tex]

[tex]B = 2.5in^{2}[/tex]

Since H = 6inches

Volume of the triangular pyramid = [tex]\frac{1}{3} * 2.5 * 6\\[/tex]

[tex]V = 2.5*2\\V =5in^{3}[/tex]

A manufacturer of banana chips would like to know whether its bag filling machine works correctly at the 409 gram setting. It is believed that the machine is underfilling the bags. A 42 bag sample had a mean of 404 grams. Assume the population standard deviation is known to be 24. A level of significance of 0.01 will be used. Find the P-value of the test statistic. You may write the P-value as a range using interval notation, or as a decimal value rounded to four decimal places.

Answers

Answer:

[tex]z=\frac{404-409}{\frac{24}{\sqrt{42}}}=-1.35[/tex]  

The p value for this case is given by:

[tex]p_v =P(z<-1.35)=0.0885[/tex]  

For this case the p value is higher than the significance level given so we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true mean is significantly less than 409

Step-by-step explanation:

Information given

[tex]\bar X=404[/tex] represent the sample mean

[tex]\sigma=24[/tex] represent the population standard deviation

[tex]n=42[/tex] sample size  

[tex]\mu_o =409[/tex] represent the value to verify

[tex]\alpha=0.01[/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

Hypothesis to test

We want to verify if the true mean is less than 409, the system of hypothesis would be:  

Null hypothesis:[tex]\mu \geq 409[/tex]  

Alternative hypothesis:[tex]\mu < 409[/tex]  

The statistic for this case is given by:

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

Replacing the info we got:

[tex]z=\frac{404-409}{\frac{24}{\sqrt{42}}}=-1.35[/tex]  

The p value for this case is given by:

[tex]p_v =P(z<-1.35)=0.0885[/tex]  

For this case the p value is higher than the significance level given so we have enough evidence to FAIL to reject the null hypothesis and we can't conclude that the true mean is significantly less than 409

what is the answer to the equation -(-(-(-2)))

Answers

Answer:

2

Step-by-step explanation:

Since there are four negative signs, we have -1 multiplying each other 4 times,  multiplying by positive 2. This is then 1 * 2, which is 2.

Answer:

+2

Step-by-step explanation:

=> -(-(-(-2))))

=> -(-(+2))

=> -(-2)

=> +2

What is the solution of √1-3x = x+3 ?


Answers

Answer:

{-1, -8}

Step-by-step explanation:

Please enclose "1 - 3x" inside parentheses so the reader will know that you want the square root of all of "1 - 3x".

Squaring both sides of the given equation, we get:

1 - 3x = x^2 + 6x + 9, or  x^2 + 6x + 8 + 3x, or

x^2 + 9x + 8 = 0.  Factoring, we get:  (x + 8)(x + 1) = 0, so that the solutions are {-1, -8}.

Answer:

I hope the given equation is :

{-1, -8}

First step to solve this equation to remove square root from the left side. So, take square on each sides of the equation. Therefore,

1 - 3x = (x + 3)²

1 - 3x = (x + 3)*(x + 3) Since a² = a * a

1 - 3x = x² + 3x + 3x + 3² By multiplication.

1 - 3x = x² + 6x + 9 Combine the like terms.

x² + 6x + 9 - 1 + 3x = 0 Subtract 1 and add 3x from each sides of equation

x² + 9x + 8 = 0 Combine the like terms.

Next step is to factor the trinomial to solve the above equation for x.

For that break downn the constant 8 into two multiples so that the addition of the multiples will result the coefficient of x = 9.

So, 8 = 1 * 8

Addition of 1 and 8 will give 9. So, next step is to replace 9x with 1x + 8x. So,

x² + 1x + 8x + 8 = 0

(x² + 1x) + (8x + 8) = 0 Group the terms.

x ( x + 1) + 8 (x + 1 ) = 0 Take out the common factor from each group.

(x +1 ) ( x + 8 ) = 0 Take out the common factor (x + 1).

So, x + 1 = 0 and x + 8 = 0 Set up each factor equal to 0.

Hence, x = -1 and - 8.

Next step is to plug in -1 and -8 in the original equation to cross check the solutions.

For x = -1,

Simplify each sides separately.

2 = 2

2 = 2 is correct. So, x = -1 satisfy the equation.

Hence, x = -1 is the real solution of the given equation.

Similarly let's plug in x = -8 now. So,

Simplify each sides separately.

5 = 2

5 = 2 is not true. So, x = -8 is the extraneous solution.

Therefore, the only solution is x = -1.

Hence, the correct choice is C.

Hope this helps you!

Step-by-step explanation:

mark brainlies plssssssssss

If a coin is tossed 5 times, and then a standard six-sided die is rolled 4 times, and finally a group of three cards are drawn from a standard deck of 52 cards without replacement, how many different outcomes are possible?

Answers

Answer:  5,499,187,200

Step-by-step explanation:

A coin is tossed 5 times.  

There are two options (heads or tails) so the possible outcomes are: 2⁵

A six-sided die is rolled 4 times.

There are six options so the possible outcomes are: 6⁴

A group of 3 cards are drawn (without replacement).

The first outcome has 52 options, the second has 51 options, and the third has 50 options: 52 x 51 x 50

Now if we want the coin AND the die AND the cards, we have to multiply all of their possible outcomes:

     2⁵ x   6⁴  x  52 x 51 x 50

=   32 x 1296 x 132,600

=  5,499,187,200

Please answer this correctly without making mistakes

Answers

Answer:

7

Step-by-step explanation:

hh

ht

th

tt

so it's a 1/4 chance

1/4 * 28 = 7

Answer:

7

Step-by-step explanation:

The probability of both coins landing on heads is:

1/2 × 1/2 = 1/4

Multiply by 28.

1/4 × 28

= 7

Which is the better buy? Store A: $250 of 20% off Or Store B $280 at 25% off

Show your work

Answers

Answer:

Store A

Step-by-step explanation:

So. What we are going to want to do here is start off by having two stores obviously. And we have the sales that they have. If the discount is 20% rhat means the new price will be 80% of 250. So we take 250 x .8 = 200

If the discount is 25%, that means the new price will be 75% of what it was before hand. So we take 280 x .75 = 210. So the better price is at Store a

Which are true of the function f(x)=49(1/7)?select three options. A)The domain is the set of all real numbers. B) the range is the set of all real numbers. C) the domain is x >0. D)the range is y>0. E)as increases by 1, each y value is one -seventh of the previous y-value.

Answers

Answer:

A,D and E

Step-by-step explanation:

We are given that a function

[tex]f(x)=49(\frac{1}{7})^x[/tex]

The given function is exponential function .

The exponential function is defined for all real values of x.

Therefore, domain of f=Set of  all real numbers

Substitute x=0

[tex]y=f(0)=49>0[/tex]

Range of f is greater than 0.

x=1

[tex]y(1)=\frac{49}{7}[/tex]

x=2

[tex]y=49(\frac{1}{7})^2=\frac{1}{7}y(1)[/tex]

As x increases by 1, each value of y is one-seventh of the previous y-value.

Therefore, option A,D and E are true.

Answer:

A D E

Step-by-step explanation:

Edge2020 quiz

Solve for x in the equation x squared minus 4 x minus 9 = 29. x = 2 plus-or-minus StartRoot 42 EndRoot x = 2 plus-or-minus StartRoot 33 EndRoot x = 2 plus-or-minus StartRoot 34 EndRoot x = 4 plus-or-minus StartRoot 42 EndRoot

Answers

Answer:

[tex]x=2$\pm$\sqrt{42}[/tex]

Step-by-step explanation:

The given equation is:

[tex]x^{2} -4x-9=29\\\Rightarrow x^{2} -4x-9-29=0\\\Rightarrow x^{2} -4x-38=0[/tex]

Formula:

A quadratic equation [tex]ax^{2} +bx+c=0[/tex] has the following roots:

[tex]x=\dfrac{-b+\sqrt D}{2a}\ and\\x=\dfrac{-b-\sqrt D}{2a}[/tex]

Where [tex]D= b^{2} -4ac[/tex]

Comparing the equation with [tex]ax^{2} +bx+c=0[/tex]

a = 1

b = -4

c= -38

Calculating D,

[tex]D= (-4)^{2} -4(1)(-38)\\\Rightarrow D = 16+152 = 168[/tex]

Now, finding the roots:

[tex]x=\dfrac{-(-4)+\sqrt {168}}{2\times 1}\\\Rightarrow x=\dfrac{4+2\sqrt {42}}{2}\\\Rightarrow x=2+\sqrt {42}\\and\\x=\dfrac{-(-4)-\sqrt {168}}{2\times 1}\\\Rightarrow x=\dfrac{4-2\sqrt {42}}{2}\\\Rightarrow x=2-\sqrt {42}[/tex]

So, the solution is:

[tex]x=2$\pm$\sqrt{42}[/tex]

Answer is A or the first one

Teresa's parents are getting phones that each and 64 GB of storage how many bits of storage come with each phone answer both in scientific in standard notation

Answers

Answer:

5.12 x 10¹¹ bit

Step-by-step explanation:

1GB = 8 x 10⁹ bits

so 64gb = 64 x 8 x 10⁹

= 512 x 10⁹

= 5.12 x 10¹¹ bits

scientific notation = 5.12 x 10¹¹ bits

standard Notation = 512 ,000,000,000 bits.

What is the greatest number that can be divided evenly into 78 and 104 without leaving a remainder?

Answers

Answer:

26 can be divides evenly into 78 and 104 without leaving a remainder

Step-by-step explanation:

Answer:

26

Step-by-step explanation:

78= 2 × 3 × 13

104= 2 × 2 × 2 × 13

The required number is: 2 × 13= 26

Dylan paid a plumber $120 for 4 hours of labor. How much does the plumber charge per hour of labor? A. $15 per hour B. $30 per hour C. $116 per hour D. $480 per hour stay safe!

Answers

Answer:

Brainleist :)

Step-by-step explanation:

120 dollars for 4 hours of labor

120/4 dollars for 1 hour of labor

B) 30 dollars for 1 hour of labor

answe:

B) 30 dollars for 1 hour of labor

Step-by-step explanation:

120 dollars for 4 hours of labor

120/4 dollars for 1 hour of labor

important messagee:

♡ ∩_∩

(„• ֊ •„)♡

┗━∪∪━━━━━━━━━

♡ Thank you for ur time 。 ♡

┗━━━━━━━━━

Rhea obtained a CO-OP credit working at a computer store. They have now hired her for a summer job with the store. She makes $8/hour, plus a 5% commission on sales.
Which expression best describes Rhea's total earnings? Explain.
a) E = 8h + 5s b) E = 8h + .50s
c) E = 8h + .005s d) E = 8h + 0.05s
Rhea worked 15 hours last week and made $260 in total. What were her total sales in computers for the week?
Why do you think employers offer commissions to their employees? Do you think there are any potential problems with this form of earnings?

Answers

Answer:

d) E = 8h + 0.05s

Her total sales in computers for the week is $2800.

Step-by-step explanation:

Let Rhea's hourly pay =h

She makes $8/hour, therefore sales for h hours =$8h

Let the volume of sales = s

She also earns 5% commission on sales = 5% of s = 0.05s

Therefore, the expression which best describes Rhea's total earnings:

(D) E=8h+0.05s

Rhea worked 15 hours last week and made $260 in total.

h=$15

From the formula

260=8(15)+0.05s

0.05s=260-8(15)

0.05s=140

s=2800

Her total sales in computers for the week is $2800.

Employers offer commissions to their employees to motivate them to seek to make sales rather than just passing time.

In so far as the sales commission do not eat up the profit of the business,  there are no potential problems with this form of earnings  

If log 5 = p and log 2=q then log 200 can be written in terms of p and q as?

Answers

Answer:  2p + 3q

Work Shown:

log(200) = log(2^3*5^2)

log(200) = log(2^3) + log(5^2)

log(200) = 3*log(2) + 2*log(5)

log(200) = 3*q + 2*p

log(200) = 2p + 3q

The log rules I used were

log(A*B) = log(A)+log(B)

log(A^B) = B*log(A)

The equivalent expression of log(200) is 2p + 3q

The logarithmic expression is given as:

[tex]\mathbf{log 200}[/tex]

Rewrite as:

[tex]\mathbf{log(200) = log (25 \times 8)}[/tex]

Express as exponents

[tex]\mathbf{log(200) = log (5^2 \times 2^3)}[/tex]

Split

[tex]\mathbf{log(200) = log (5^2) +log(2^3)}[/tex]

Apply law of logarithms

[tex]\mathbf{log(200) = 2log (5) +3log(2)}[/tex]

From the question;

log(5) = p and log(2) = q

So, we have:

[tex]\mathbf{log(200) = 2p +3q}[/tex]

Hence, the equivalent expression of log(200) is 2p + 3q

Read more about logarithmic expressions at:

https://brainly.com/question/9665281

Simplify 8x + 10y + 9x - 3y by identifying and combining like terms. A. 17x + 13y B.24y C.17x+7 D.17x + 7y

Answers

Answer:

17x +7y

Step-by-step explanation:

8x + 10y + 9x - 3y

Combine like terms

8x+ 9x          + 10y - 3y

17x                   +7y

8x+9x are like terms    and 10y -3y are like terms

Answer:

17x + 7y

Step-by-step explanation:

8x + 10y + 9x - 3y

Rearrange.

8x + 9x + 10y - 3y

Factor out x and y.

x (8 + 9) + y (10 - 3)

Add or subtract.

x (17) + y (7)

17x + 7y

For the dilation, DO, K = (10, 0) → (5, 0), the scale factor is equal to _____.

Answers

Answer:

[tex] \frac{1}{2} [/tex]

Step-by-step explanation:

[tex]scale \: factor = \frac{5}{10} = \frac{1}{2} \\ [/tex]

An individual who has automobile insurance from a certain company is randomly selected. Let Y be the number of moving violations for which the individual was cited during the last 3 years. The pmf of Y is the following.
y 0 1 2 3
p(y) 0.50 0.25 0.20 0.05
A) Compute E(Y).
B) Suppose an individual with Y violations incurs a surcharge of $110Y2. Calculate the expected amount of the surcharg.

Answers

Answer:

A. The E(Y) is 0.80

B. The expected amount of the surcharges is $165

Step-by-step explanation:

A. In order to calculate the E(Y), we would have to calculate the following formula:

E(Y)=∑yp(y)

E(Y)=(0*0.5)+(1*0.25)+(2*0.20)+(3*0.05)

E(Y)=0+0.25+0.40+0.15

E(Y)=0.80

B. In order to calculate the expected amount of the surcharges we would have to calculate the following formula:

E($110Y∧2)=110E(Y∧2)

=110∑y∧2p(y)

=110((0∧2*0.5)+(1∧2*0.25)+(2∧2*0.20)+(3∧2*0.05))

110(0+0.25+0.80+0.45)

=$165

Which of the x-values are solutions to the following inequality? 17 > x Choose all answers that apply: (A) x = 7 (B) x = 12 (C) x = 17

Answers

Answer:

7 and 12

Step-by-step explanation:

7 and 12 are ok

17 is not

hope this helps

The solution of the inequality x < 17 will be all the real numbers less than 17. Then the correct options are A and B.

What is inequality?

Inequality is defined as an equation that does not contain an equal sign. Inequality is a term that describes a statement's relative size and can be used to compare these two claims.

The allocation of weights to the important variables that produce the calculation's optimum is referred to as a direct consequence.

The inequality is given below.

x < 17

The solution of the inequality x < 17 will be all the real numbers less than 17. Then the correct options are A and B.

More about the inequality link is given below.

https://brainly.com/question/19491153

#SPJ2

D
С
Micaela tried to rotate the square 180° about the origin.
Is her rotation correct? If not, explain why.
O No, she translated the figure instead of rotating it.
O No, she reflected the figure instead of rotating it.
O No, the vertices of the image and pre-image do not
correspond.
Yes, the rotation is correct.
cu

Answers

Answer:

it’s C

Step-by-step explanation:

No, the vertices of the image and pre-image do not correspond

No, the vertices of the image and pre-image do not correspond, Micaela tried to rotate the square 180° about the origin. Hence, option C is correct.

What is rotation about the origin?

A figure can be rotated by 90 degrees clockwise by rotating each vertex of the figure 90 degrees clockwise about the origin.

Let's take the vertices of a square with points at (+1,+1), (-1,+1), (-1,-1), and (+1,-1), centered at the origin, can be found in the following positions after rotation:

The vertex (+1,+1) would be rotated to the point (-1,-1).The vertex (-1,+1) would be rotated to the point (+1,-1).The vertex (-1,-1) would be rotated to the point (+1,+1).The vertex (+1,-1) would be rotated to the point (-1,+1).

Micaela's rotation must be accurate if it led to the same points. Her rotation is incorrect if the points are different, though.

It is impossible to tell if Micaela's rotation is accurate without more details or a diagram.

Thus, option C is correct.

For more information about rotation about the origin, click here:

https://brainly.com/question/30198965

#SPJ7

Solve the following and
make sure to write your
answer in scientific
notation.
(1.5 x 105)(5 x 103)

Answers

Answer:

7.5* 10^8

Step-by-step explanation:

(1.5 x 10^5)(5 x 10^3)

Multiply the numbers

1.5*5=7.5

Add the exponents

10 ^(5+3) = 10^8

Put back together

7.5* 10^8

This is in scientific notation

Any help would be greatly appreciated

Answers

Answer:

[tex]\boxed{\sf \ \ \ 49a^8b^6c^2 \ \ \ }[/tex]

Step-by-step explanation:

Hello,

[tex](-7a^4b^3c)^2=(-1)^27^2a^{4*2}b^{3*2}c^2=49a^8b^6c^2[/tex]

as

[tex](-1)^2=1[/tex]

Other Questions
Electrophilic substitution on 3-phenylpropenenitrile occurs at the meta position. Draw resonance structures to show how the ring is electron-poor at the ortho and para positions. I will give you brainliest!!! Which equation describes the same line as y+5=3(x-6)? For a Marketing course: What skills from this course would you use to create a three-paragraph promotional tool that explains the value of a chosen product and a sales pitch aimed at individual buyers Jose can assemble 12 car parts in 40 minutes. How many minuteswould be needed to assemble 9 parts7 PLEASE ANSWER QUICK! What sort of theme was most typical in the work of authors who were part of the lost Generation? A) Combat tends to bring out the best in people in terms of courage and loyalty.B)To recover from tragedy, one must establish stronger connections with other people.C) Humans are basically alone and separated from each other, morally and emotionally.D) Civilization needs ears to maintain a balance of power between wealthy and poor. Let f be the function that determines the area of a circle (in square cm) that has a radius of r cm. That is, f ( r ) represents the area of a circle (in square cm) that has a radius of r cm.Use function notation to complete the following tasks a. Represent the area (in square cm) of a circle whose radius is 4 cm. b. Represent how much the area (in square cm) of a circle increases by when its radius increases from 10.9 to 10.91 cm. Which expression are equivalent to 4m-2+(-8m) A company rents a small building with 10,000 square feet of space for $100,000 per year. The rent is allocated to the company's three departments on the basis of the value of the space occupied by each. Department 1 occupies 1,500 square feet of ground-floor space, Department 2 occupies 3,500 square feet of ground-floor space, and Department 3 occupies 5,000 square feet of second-floor space. If rent for comparable floor space in the neighborhood averages $15.00 per sq. ft. for ground-floor space and $10 per sq. ft. for second-floor space, what annual rent expense should be charged to each department What are index fossiles and how can they be used to correlate rock layers found large distances apart? Gould Corporation uses the following activity rates from its activity-based costing to assign overhead costs to products: Activity Cost Pool Activity Rate Setting up batches $ 59.71 per batch Processing customer orders $ 73.05 per customer order Assembling products $ 4.40 per assembly hour Data concerning two products appear below: Product K91B Product F65O Number of batches 92 63 Number of customer orders 42 56 Number of assembly hours 496 903 How much overhead cost would be assigned to Product K91B using the activity-based costing system For an experiment, Marie brought a container filled with 30 grams of snow into a warm environment. After 5 minutes, 21% of the snow had melted. How many grams of snow were remaining in the container after the 5 minutes? Solve for x in the triangle. Round your answer to the nearest tenth. Pls help me with this quick I could use some more help Given a = 4 and b= -2, evaluate -Ib-al.-2-66 A student is designing an experiment to find out if the following statement is true: "If you get at least six hours of sleep, you will do better in class than if you get fewer than six hours of sleep." The statement is an example of:____________ If you can, please help answer this algebra question. Which value of n makes the equation true? -1/2n = -8 A.) -16 B.) -4 C.) 4 D.) 16 What is the distance on a Cartesian coordinate plane from (1, -1) to (7, 7)? What are the four main reasons as to why, despite having an abundance of minerals and natural resources, Pakistan has been unable to realize its potential and has not been able to succeed like other countries having similar resources? please answer me I am so much worry I will mark you as brainy and follow you also