consider the distribution of monthly social security (OASDI) payments. Assume a normal distribution with a standard deviation of $116. if one-fourth of payments are above $1214,87 what is the mean monthly payment?

Answers

Answer 1

Answer:

[tex]\mu = x - z(\sigma)[/tex]

[tex]\mu = 1214.87 - 0.67(116) \\\\\mu = 1214.87 - 77.72 \\\\\mu = \$1137.15[/tex]

Therefore, the mean monthly payment is $1137.15.

Step-by-step explanation:

What is Normal Distribution?

We are given a Normal Distribution, which is a continuous probability distribution and is symmetrical around the mean. The shape of this distribution is like a bell curve and most of the data is clustered around the mean. The area under this bell shaped curve represents the probability.  

We are asked to find the mean monthly social security (OASDI) payment.

Mean monthly payment = μ = ?

We are given that the standard deviation is $116

One-fourth of payments are above $1214.87

One-fourth means 25%

[tex]P(X > x )= P(Z > z ) = 0.25\\\\P(X < x )= P(Z < z) = 1 - 0.25\\\\P(X < x )= P(Z < z) = 0.75\\\\[/tex]

From the z-table, the z-score corresponding to 0.75 is found to be 0.67

[tex]z = 0.67[/tex]

The mean is found by

[tex]x = \mu + z(\sigma)[/tex]

[tex]\mu = x - z(\sigma)[/tex]

Where

x = $1214.87

z = 0.67

σ = $116

[tex]\mu = 1214.87 - 0.67(116) \\\\\mu = 1214.87 - 77.72 \\\\\mu = \$1137.15[/tex]

Therefore, the mean monthly payment is $1137.15.


Related Questions

A lease provides that the tenant pays $760 minimum rent per month plus 4% of the gross sales in excess of $150,000 per year. If the tenant paid a total rent of $20,520 last year, what was the gross sales volume?

Answers

Answer:

$435,000

Step-by-step explanation:

$760 per month * 12 months = $9,120

The minimum rent requires an annual rental cost of $9,120.

The annual rent was $20,520.

The excess was $20,520 - $9,120 = $11,400.

The amount of $11,400 of the rent was due to the gross sales in excess of $150,000.

$11,400 is 4% of the amount in excess of $150,000.

Let the amount in excess of $150,000 = x.

$11,400 = 4% of x

0.04x = 11,400

x = 285,000

$285,000 is the amount in excess of $150,000.

Total gross sales volume = $285,000 + $150,000 = $435,000

Write these numbers in standard form 0.000 05

Answers

Answer:

5x 10 ^-5

Step-by-step explanation:

UHM that would be

NaN × [tex]10^{0}[/tex]

I hope this helps!

so my reasoning...  Any number that can be written in the decimal form between 1.0 to 10.0 multiplied by the power of 10.  

What is 86.94 rounded to the nearest tenth

Answers

Answer:

86.9

Step-by-step explanation:

Find the number in the tenth place 9 and look one place to the right for the rounding digit 4 Round up if this number is greater than or equal to 5 and round down if it is less than 5

Hope this can help

nineteen multiplied by twenty five

Answers

Answer:

19*25= 475

Step-by-step explanation:

You can either use a calculator or use the standard operation

1. There are a total of 230 mint and chocolate sweets in a jar. 60% of the total number of sweets were mint sweets. After more chocolate sweets were added into the jar, the percentage of the mint sweets in the jar decreased to 40% How many chocolate sweets were added into the jar?
2. In August, 36% of the people who visited the zoo were locals and the rest were foreigners. In September, the percentage of local visitors decreased by 25% while the percentage of foreign participants increased by 50%. In the end, there were 161 fewer visitors in August than in September. How many visitors were there in September?

Answers

Answer:

1. 115 chocolates were added

2. 861 visitors in September

Step-by-step explanation:

1.

Initially:

m=number of mints

60% of 230 sweets were mints  =>

m = 230*0.6 = 138 mints

initial number of chocolates, c1  =  230 - 138 = 92

Now chocolates were added

138 mints represented 40% of the total number of sweets, so

total number of sweets  = 138 / 0.4 = 345

Number of chocolates added = 345 - 230 = 115

2.

In August 36% were locals, 64% were from elsewhere.

In suptember,

locals decreassed by 25% to 36*0.75=27% (of August total)

foreigner increased by 50% to 64*1.5=96% (of August total)

Total Inrease = 96+27-100 = 23% of August total  = 161 visitors

August total = 161/0.23 = 700 visitors

September total = 700 + 161 = 861 visitors

The graph for the equation y = 2 x + 4 is shown below. On a coordinate plane, a line goes through (negative 2, 0) and (0, 4). If another equation is graphed so that the system has one solution, which equation could that be?

Answers

Answer: x = 1

Step-by-step explanation:

x = 1 provides one solution for any linear equation, as it is a straight vertical line.

Hope it helps <3

Answer:

x=2

Step-by-step explanation:

Our equation is y=2x+4

the line goes through (2,0) and (0,4)

(2,0) is the x-axis intercept wich is given by y=0(0,4) is the y-intercept wich by y= 2*0+4

This equation has one solution for y=0

there are millions of similar equations that has one solution like:

x = 2

Simplify the expression:
2b – 5b + 7 + 3b

Answers

Answer:

7

Step-by-step explanation:

2b - 5b is -3b so it leaves the equation with -3b + 7 + 3b

-3b + 3b cancells out to 0 so it leaves the final answer to 7

|x–5|=|x+5| If you answer this question before 2:35 pm on July 28, 2020, I will give 10 points!!

Answers

Answer:

[tex]\boxed{x=0}[/tex]

Step-by-step explanation:

[tex]|x-5|=|x+5|[/tex]

Solve absolute value.

There are two possibilities.

First possibility:

[tex]x-5=x+5\\0=10[/tex]

No solution.

Second possibility:

[tex]x-5=-(x + 5)\\x-5=-x-5\\2x=0\\x=0[/tex]

Syrus is buying a tent with the dimensions shown below. The volume inside the tent is 4.5 m^3. Syrus isn't sure if the tent will be tall enough for him to stand inside. What is the height of the tent?

Answers

Answer: 2neters

Step-by-step explanation: I also recently did it on Khan academy

The height of the tent of the figure is H = 2 m

What is the volume of a prism?

A three-dimensional solid object called a prism has two identical ends. It consists of equal cross-sections, flat faces, and identical bases. Without bases, the prism's faces are parallelograms or rectangles.

The volume of a prism is the product of its base area and height

Volume of Prism = B x h

where B = base area of prism

h = height of prism

Given data ,

Let the volume of the tent be represented as V

Now , the value of V is

V = 4.5 m³

Let the height of the prism be H

Now , the base of the triangle B = 1.5 m

And , the length of the tent L = 3 m

So , Volume of Prism = B x h

4.5 = ( 1/2 ) x 1.5 x H x 3

On simplifying , we get

4.5 = 2.25H

Divide by 2.25 on both sides , we get

H = 2 m

Hence , the height of the tent is 2 m

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The complete question is attached below :

Syrus is buying a tent with the dimensions shown below. The volume inside the tent is 4.5 m^3. Syrus isn't sure if the tent will be tall enough for him to stand inside. What is the height of the tent?

evaluate 4! +!3 /2 8 10 or 15

Answers

Answer:

15

Step-by-step explanation:

4! +3! /2

4!=4*3*2*1=24

3!=3*2*1=6

24+6/2=30/2=15

15 jaysgsiahsvagwisbsvahwh

9. A college financial advisor wants to estimate the mean cost of textbooks per quarter for students at the college. For the estimate to be useful, it should have a margin of error of 20 dollars or less. The standard deviation of prices is estimated to be around 100 dollars. How large of a sample size needs to be used to be 95% confident, with the given margin of error?

Answers

Answer: 97

Step-by-step explanation:

Formula to compute the required sample size :

[tex]n= (\dfrac{\sigma\times z_{\alpha/2}}{E})^2[/tex]

, where [tex]\sigma[/tex] = standard deviation

E= Margin of error

[tex]z_{\alpha/2}[/tex] = Two tailed z-value.

Here, E= 20

[tex]\sigma[/tex] = 100

For 95% confidence level: [tex]z_{\alpha/2}[/tex] =1.96

Required sample size:

[tex]n=(\dfrac{100\times1.96}{20})^2\\\\=(5\times1.96)^2\\\\=96.04\approx97[/tex]

Hence, the required sample size : 97

Use a calculator to determine the pattern of attractors for the equation y =kx(1-x) for the given value of k and the given initial value of x
K=3.26, x=0.8

Guys, I need help quickly?

Answers

Answer:

0.5216

Step-by-step explanation:

Given the function  y =kx(1-x), the pattern of attractors are the value(s) of y at the initial value of k and x. Given the value of k = 3.26 and x = 0.8, to get the pattern of attractors, we will substitute the given initial value into the function as shown;

[tex]y =kx(1-x)\\\\y = 3.26(0.8)(1-0.8)\\\\y = 3.26*0.8*0.2\\\\y = 0.5216\\\\[/tex]

Hence, the pattern of attractor for the equation y is 0.5216

t the end of the past month the cash account of a company had an ending balance of $6750. During the last month, the account was debited for a total of $11,350 and credited for a total of $10,500. What was the balance in the Cash account at the beginning of last month?

Answers

Answer:

In this question it is given that:

The cash account of a company had an ending balance of $6750. During the last month, the account was debited for a total of $11,350 and credited for a total of $10,500.

And we have to use the formula

Substituting the values , we will get

Therefore beginning cash balance is


A man bought certain number of litches
at 20 per Rs 100 and an equal no. of 30 per
Rs 100. He mixed them and sold them at
25
per Rs 100. Find his
gain or loss
percent?

Answers

Answer:    The loss is 4%  

Step-by-step explanation:

Lets call litches that are 20 pcs per Rs 100  - litches A

that are 30 pcs per Rs 100- litches B

So a man can buy 2 pcs A per Rs 10

and 3 pcs B per Rs 10

OR

6x  pcs  A per  Rs  30x  

and 6x  pcs  B  per  Rs  20x

Now he gonna sell the 12x  litches  for y Rs

Lets find y from the proportion

12x  cost y

25   cost 100

y/12=100/25

y=48  Rs

So the man bought 6x A + 6x B  for 20x+30x=50 Rs

And then he sold them for 48 Rs

Obviously the man gonna loose the money.

Lets find the losses in %

(50-48)/50*100=200/50=4%

The loss is 4%  

PLEASE HELP!!! The side lengths of a square are each 5q. By adding 3 to the length and subtracting 3 from the width, a rectangle is made. What is the area of the rectangle? a. 10q^2-6 b. 9q^2+25 c. 25q^2-9 d. 25q^2-30q-9

Answers

The area of the rectangle is [tex]25q^2-9[/tex].

Area of the rectangle

The area of the rectangle is the product of length and width.

How to determine the area of the rectangle?

The length of the sides of the square is 5q.

3 is added and 3 is subtracted to the length and the width of the square so, the dimensions of the new quadrilateral is (5q+3) and (5q-3).

So, the area of the rectangle is-

[tex]A=(5q+3)\times (5q-3)\\=25q^2-9[/tex]

Thus, the area of the rectangle is [tex]25q^2-9[/tex].

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Answer:25q^2-9

Step-by-step explanation:

your welcomeeeeeeee

Find the values of x and y for both questions.

Answers

Answer:

16. x=48 y=70

17. x=45 y=5

Step-by-step explanation:

16. This is an isosceles triangle meaning that the two angles are the same. Meaning that (x+7)=55.

55-7=48

(48+7)=55 x=48

There are 180 degrees in a triangle, so 55+55=110

180-110=70. y=70

17. This is a right angled triangle meaning that the squared part is 90 degrees. And it is also an isosceles triangle meaning that x=97.

There are 180 degrees in a triangle, and 90 is already taken, meaning that there is 90 degrees more left.

90/2=45

x=45

9✖️5=45 y=5

Hope this helps, BRAINLIEST would really help me!

The measure of one of the small angles of a right triangle is 15 less than twice the measure of the other small angle. Find the measure of both angles.

Answers

Answer:

We have the measure of both angles as  55 degrees and 35 degrees

Step-by-step explanation:

We know that there are three angles in a right-angled triangle. One of which is 90. FOr now, the other two are unknown, so we would designate them to be x and y.

We now set up an equation using the information we are given about the problem.

From this statement "The measure of one of the small angles of a right triangle is 15 less than twice the measure of the other small angle." we can set up the following equation:

x =2y -15 -------- equation 1

similarly, we know that the sum of angles in a triangle = 180 degrees. Hence, we can use this to set up another equation as follows:

x + y + 90 = 180

x+ y = 90 ------------- equation 2

we can now solve the two equations simultaneously as

x -2y =-15

x+ y = 90

from this, we have that

x = 55 and y = 35

We have the measure of both angles as  55 degrees and 35 degrees

Given the g(x) function, what is the best estimate for the instantaneous rate of change at x=3? g(x) =x^2−2x+5

Answers

Answer:

4

Step-by-step explanation:

g(x) = x² − 2x + 5

g'(x) = 2x − 2

g'(3) = 4

Suppose , varies jointly with g and v, and j = 2 when g = 4 and v= 3.
Find j when g = 8 and v= 11.

Answers

Answer:

j = 44/3

Step-by-step explanation:

j varies jointly as g and v. This can be represented mathematically as:

[tex]j \alpha gv\\j = kgv[/tex].............(1)

Where k is a constant of proportionality

j = 2 when g = 4 and v = 3

Substitute these values into equation (1)

2 = k * 4 * 3

2 = 12 k

k = 1/6

when g = 8 and v = 11:

j = (1/6) * 8 * 11

j = 44/3

Determine whether 52c2y4 is a monomial, binomial, trinomial, or other polynomial.

Answers

Answer: Monomial.

Step-by-step explanation:

Ok, when we have a polynomial with only one term, this is a monomial.

If the polynomial has two terms, this is a binomial.

If the polynomial has 3 terms, this is a trinomial.

And so on.

In this particular case we have:

52*c^2*y^4

Where c and y may be variables.

We can see that here we have only one term, so this would be a monomial.

(notice that the number of variables does not affect the type of polynomial in this case, only the number of terms)

Answer:

binomial.

Step-by-step explanation:

The polynomial −50c3z3−41y220z4 has 2 terms, so it is a binomial.

a patient is to receive 1500ml over 8 hours. What is the rate in ml per hour?

Answers

Answer

187.5 ml/hr

Step-by-step explanation:

1500ml/8hrs=187.5ml/hr

Name x1, x2, y1 and y2. Then, find the distance between the points.

Answers

Answer:

(5,6), (-2,8)

Step-by-step explanation:

I have a good math expertise. Don't question my skills as they are correct. woof woof waffling behavior. Thnak you hr welcne

Which is the graph of f(x) = 3/7?

Answers

Answer:

Rewrite the function as an equation. y= 3/7 Use the slope-intercept form to find the slope and y-intercept. Slope: 0 Y-intercept: 3/7 Hope this can help

Step-by-step explanation:

it takes olivia one minute to swim 1/60 of a kilometer how far can she swim in 12 minutes

Answers

Answer:

1/5 if a kilometer

Step-by-step explanation:

Since it was 1/60 of a kilometer which is 0.0166 of the kilometer.

So In 12 minutes he would cover 0.2 of the kilometer which is 1/5

The distance Olivia swims in 2 minutes is 1/30 km.

Given,

It takes Olivia one minute to swim 1/60 of a kilometer.

We need to find out how far can she swim in 12 minutes.

How to compare two units in proportion?

Suppose if we have,

3 items cost = $9

Cost of one item = $9 / 3 = $3

If in 5 minutes one can walk for 1km

In 10 minutes one can walk:

= (10/5 x 1) km

= 2 km

Find the distance Olivia swims in one minute.

= 1/60 km

Find the distance Olivia swims in 2 minutes.

We have,

1 minute = 1/60 km

Multiply both sides by 2.

2 x 1 minute = 2 x 1/60 km  

2 minutes = 1/30 km

Thus the distance Olivia swims in 2 minutes is 1/30 km.

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Kimberly wants to paint all the surfaces of the table shown below.
Which measure BEST helps her determine how much paint she needs?
А
the volume of 1 rectangular prism and 4 cylinders
B
the surface area of 1 rectangular prism and 4 cylinders
С
the surface area of 5 rectangular prisms
D
the volume of 5 rectangular prisms

Answers

Answer:

C. surface area of 5 rectangular prisms.

Step-by-step explanation:

The table in the given figure as shown above has a rectangular flat top that has a solid shape of rectangular prism.

It also has 4 legs that are also rectangular in shape. The legs are rectangular prisms.

To determine the quantity of paint Kimberly would need, she needs to make use of the surface area of the table.

The surface area of the table = surface area of the top + surface area of the 4 legs = surface area of 5 rectangular prisms.

Answer:

C

Step-by-step explanation:

What is the initial value of the equation shown? y = −7x − 6 −13 −7 −6 −1

Answers

Answer:

-6.

Step-by-step explanation:

The equation is y = -7x - 6.

The initial value is found when x = 0.

y = -7(0) - 6

y = 0 - 6

y = -6

Hope this helps!

Rewriting the Equation:

Answer:

7x+y=-33

Step-by-step explanation:

1.) Combine Like Terms: y=-7x-33

2.) Move the variable to the left side and use the inverse operation:

y+7x=-33

3.) Reorder terms using commutative property since x comes before y:

7x+y=-33

If you want to find the function then tell me.

An after-school care facility tries to maintain a 2-to-1 ratio of children to adults. If the facility hired five adults, what is the maximum number of children that can enroll?

Answers

Answer:

10 children

Step-by-step explanation:

If we have a ratio of 2:1 children:adults, then we can find out how many children max can enroll if there are 5 adults.

Our original ratio was 2:1 and now it's x:5, assuming x is the number of children enrolled. We multiply 1 by 5 to get to 5, so we need to multiply 2 by 5 to get the total number of chlidren.

2 × 5 = 10

Hope this helped!

Determine the values of \theta if sec\;\theta=-\frac{2}{\sqrt{3}}.

Answers

Answer:

See below.

Step-by-step explanation:

So, we have:

[tex]\sec(\theta)=-2/\sqrt{3}[/tex]

Recall that secant is simply the reciprocal of cosine. So we can:

[tex]\cos(\theta)=(\sec(\theta))^{-1}=(-2/\sqrt{3})^{-1}\\\cos(\theta)=-\sqrt{3}/2[/tex]

Now, recall the unit circle. Since cosine is negative, it must be in Quadrants II and/or III. The numerator is the square root of 3. The denominator is 2. The whole thing is negative. Therefore, this means that 150 or 5π/6 is a candidate. Therefore, due to reference angles, 180+30=210 or 7π/6 is also a candidate.

Therefore, the possible values for theta is

5π/6 +2nπ

and

7π/6 + 2nπ

A physics class has students. Of​ these, students are physics majors and students are female. Of the physics​ majors, are female. Find the probability that a randomly selected student is female or a physics major. The probability that a randomly selected student is female or a physics major is nothing.\

Answers

Answer:

The probability that a randomly selected student is female or a physics major is 0.65.

Step-by-step explanation:

Note: This question is not complete. A complete is therefore provided before answering the question as follows:

A physics class has 40 students. Of these, 14 students are physics majors and 18 students are female. Of the physics majors, six are female. Find the probability that a randomly selected student is female or a physics major. The probability that a randomly selected student is female or a physics major is_______.

The Step-by-step explanation is therefore provided now as follows:

The probability that a randomly selected student is female or a physics major can be calculated using the following formula:

P(PM or F) = P(PM) + P(F) - P(PMF)

Where;

P(PM or F) = Probability of student selected is Physics Major or Female = ?

P(PM) = Probability of student selected is Physics Major = Number of Physics Major / Total number of students in the Physics class = 14 / 40 = 0.35

P(F) = Probability of student selected is Female = Number of female students in the Physics class / Total number students in the Physics class = 18 / 40 = 0.45

P(PMF) = Probability of student selected is Physics Major and Female = Number Physics Major that female in the Physics class / Total number students in the Physics class = 6 / 40 = 0.15

Substituting the values into equation (1), we have:

P(PM or F) = 0.35 + 0.45 - 0.15 = 0.65

Therefore, the probability that a randomly selected student is female or a physics major is 0.65.

Answer:

what is the physics question

Step-by-step explanation:

An airplane descends during the last hour of it's flight to prepare for landing. It's altitude changes at an average of -0.15 km per minute for those 60 minutes. (What is the product) How does the elevation of the airplane change in that hour? The elevation of the airplane _________ by ______ km. increases 60 decreases 9 0.15
WILL GIVE BRAINLIEST, THANKS AND FIVE STARS

Answers

Answer:

The elevation of the airplane decreases by 9 km.

Step-by-step explanation:

We use the distance-rate-time formula: d = rt.

Here, the rate is r = 0.15 km/min and the time is t = 60 min. Simply plug these into the formula:

d = rt

d = 0.15 * 60 = 9 km

So, the change in elevation in the last 60 minutes is 9 km. However, note that the rate is negative (-0.15 km/min), which means that the elevation actually is decreasing.

Thus, the answer is: the elevation of the airplane decreases by 9 km.

~ an aesthetics lover

Answer:

The elevation of the airplane _decrease_ by __9____ km

Step-by-step explanation:

Take the rate and multiply by the time to get the distance traveled

-.15 km per minute * 60 minutes

- 9 km

The plane will go down 9 km in that 60 minutes

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