Sean wants to buy a personal insurance policy that will pay monthly benefits to his son after Sean dies. He pays $500
monthly over the next 10 years to the insurer.
What type of insurance should he buy?

A annuity
B premium
C dividends
D liability

Answers

Answer 1

Answer:

B.

Step-by-step explanation:

Premium insurance is an insurance amount paid to the insurer periodically. In this type of insurance, the insurer is required to provide coverage. This insurance policy covers healthcare, life, auto, home, etc. In this insurance, one is required to pay a certain amount of money on monthly, quarterly, or annually basis.

In the given scenario, Sean should buy premium insurance as it covers life and healthcare insurance as well. He can pay $500 on monthly basis to the insurance company. And after Sean's death, his son can claim the amount.

So, the correct answer is option B.

Answer 2

Answer:

A. annuity

Step-by-step explanation:

I know it is a little late for this answer, but I thought I would add it for anyone else who is struggling :) I know it is annuity because I literally just took the test and got it right.


Related Questions

2.In a large university 13.5% of the students take economics, 24.7% of the students take statistics and 11.7% take economics and statistics. The probability that a randomly selected student didn’t take economics but did take statistics is close toالقارئ الشامل (2/2 نقط

Answers

Answer:

The probability that a randomly selected student didn’t take economics but did take statistics is 13%.

Step-by-step explanation:

Let the event that a student offers Economics be E.

The event that a student does NOT offer Economics is E'.

Let the event that a student offers Statistics be S.

The event that a student does NOT offer Statistics be S'.

P(E) = 13.5% = 0.135

P(S) = 24.7% = 0.247

P(E n S) = 11.7% = 0.117

Find the probability that a randomly selected student didn’t take economics but did take statistics

This probability = P(E' n S)

Since E and E' are mutually exclusive events,

P(S) = P(E' n S) + P(E n S)

P(E' n S) = P(S) - P(E n S)

P(E' n S) = 0.247 - 0.117 = 0.13 = 13%

Hope this Helps!!!

Please answer this correctly

Answers

Answer:

the second one

Step-by-step explanation:

so much for bein a college student.

The answer is the second one

a kangaroo and a wallaby are in a race. They have to get to a flagbole that is 100 meters away and back. For every 2 hops the kangaroo does, the wallaby does three but the kangaroo's jumps are 3 meters while the wallaby's are 2. Who gets there and back first (hint: it isnt a draw)

Answers

Answer:

im going to say a wallaby because they are smaller and lighter and if you think of the weight then less power is needed for a wallaby

idk lol XD

Step-by-step explanation:

In general, the probability that a blood donor has Type A blood is 0.40.Consider 8 randomly chosen blood donors, what is the probability that more than half of them have Type A blood?

Answers

The probability that more than half of the 8 randomly chosen blood donors have Type A blood is approximately 0.2533 or 25.33%.

To calculate the probability that more than half of the 8 randomly chosen blood donors have Type A blood, we can use the binomial probability formula:

[tex]\mathrm{P(X > n/2) = \sum [ P(X = k) ]}[/tex]

where the sum is taken from k = (n/2 + 1) to k = n

In this case, n represents the number of trials (8 blood donors) and p is the probability that a single blood donor has Type A blood (0.40).

P(X = k) is the probability of getting exactly k donors with Type A blood, and it is given by the binomial probability formula:

[tex]\mathrm {P(X = k) = (n, k) \times p^k \times (1 - p)^{(n - k)}}[/tex]

where (n choose k) represents the number of combinations of n items taken k at a time, and it is given by:

[tex]\mathrm {(n, k) = \frac{n!}{(k! \times (n - k)!)}}[/tex]

Now, let's calculate the probability that more than half (i.e., 5 or more) of the donors have Type A blood:

[tex]\mathrm{P(X > 4) = P(X = 5) + P(X = 6) + P(X = 7) + P(X = 8)}[/tex]

[tex]\mathrm {P(X = k) = (8, k) \times 0.40^k \times (1 - 0.40)^{(8 - k)}}[/tex]

[tex]\mathrm{P(X = 5)} = (8, 5) \times 0.40^5 \times (1 - 0.40)^{(8 - 5)}\\\\= 56 \times 0.01024 \times 0.343\\\\= 0.1961984[/tex]

[tex]\mathrm{P(X = 6)} = (8, 6) \times 0.40^6 \times (1 - 0.40)^{(8 - 6)}\\\\= 28 \times 0.004096 \times 0.36\\\\= 0.0516608[/tex]

[tex]\mathrm {P(X = 7)} = (8, 7) \times 0.40^7 \times (1 - 0.40)^{(8 - 7)}\\\\= 8 \times 0.0016384 \times 0.4\\\\= 0.0052224[/tex]

[tex]\mathrm {P(X = 8)} = (8, 8) \times 0.40^8 \times (1 - 0.40)^{(8 - 8)}\\\\= 1 \times 0.00065536 \times 0.4\\\\= 0.000262144[/tex]

Now, add all these probabilities together to get the final result:

[tex]\mathrm {P(X > 4)} = 0.1961984 + 0.0516608 + 0.0052224 + 0.000262144\\\\= 0.253343344[/tex]

Therefore, the probability that more than half of the 8 randomly chosen blood donors have Type A blood is approximately 0.2533 or 25.33%.

Learn more about probability click;

https://brainly.com/question/32117953

#SPJ4

In a random sample of high school seniors, the proportion who use text messaging was 0.88. In a random sample of high school freshmen, this proportion was 0.68. Researchers found the difference in proportions to be statistically significant and obtained one of the following numbers for the p-value. Which is it?
a. 1.5
b. 0.02
c. 0.78
d. 0.30

Answers

Answer:

b. 0.02

Step-by-step explanation:

The smaller the p-value, the stronger the evidence that you should reject the null hypothesis. In this case, this will mean rejecting that the proportions are not significantly different.

Usually, a p-value is considered to be statistically significant when p ≤ 0.05.

From the answer options provided, alternative b. 0.02 is the only one that represents the difference in proportions to be statistically significant (there is only a 2% chance that the proportions are not significantly different).

Therefore, the answer is b. 0.02

I NEED HELP WITH THIS PLEASE HELP ME

Answers

Answer:

156 minutes

Step-by-step explanation:

So we need to create an equation to represent how Frank's phone company bills him

I will denote "y" as the total for his billI will denote "x" as the number of minutes Frank uses

So the phone company charges an $8 monthly fee, so this value remains constant and will be our "y-intercept"

They then charge $0.06 for every minute he talks, this will be our "slope"

Combining everything into an equation, we have: y = 0.06x + 8

Now since we were given Franks phone bill total and want to figure out how many minutes he used, we just need to solve the equation for x and plug in our known y value

y = 0.06x + 8 → y - 8 = 0.06x → [tex]x=\frac{y-8}{0.06}[/tex] Then plugging in our y value we get [tex]x=\frac{17.36-8}{0.06}=\frac{9.36}{0.06}= 156[/tex]

Frank used up a total of 156 minutes

What is the length of the diagonal of the square shown below?

Answers

Answer:

It’s E

Step-by-step explanation:

The length of the diagonal of the figure considered is given by: Option E: 5√2

What is Pythagoras Theorem?

If ABC is a triangle with AC as the hypotenuse and angle B with 90 degrees then we have:

[tex]|AC|^2 = |AB|^2 + |BC|^2[/tex]

where |AB| = length of line segment AB. (AB and BC are rest of the two sides of that triangle ABC, AC being the hypotenuse).

Consider the figure attached below.

The triangle ABC is a right angled triangle as one of its angle is of 90 degrees.

Thus, we can use Pythagoras theorem here to find the length of the diagonal line AC.

Since it is given that:
|AB| = 5 units = |BC|, thus, we get:

[tex]|AC|^2 = |AB|^2 + |BC|^2\\\\|AC| = \sqrt{5^2 + 5^2} = \sqrt{2 \times 5^2} = \sqrt{5^2} \times \sqrt{2} = 5\sqrt{2} \: \rm units[/tex]

We didn't took negative of root as length cannot be negative.

Thus, the length of the diagonal of the figure considered is given by: Option E: 5√2

Learn more about Pythagoras theorem here:

https://brainly.com/question/12105522


Please answer this correctly

Answers

Answer:

Stem | Leaf

    13 | 4 9 9

    16 | 0 2 3 6

Step-by-step explanation:

134, 139, 139

160, 162, 163, 166

If (-2, y) lies on the graph of y=3x, then y=
1/9
0-6

Answers

hi

if   reduce equation of line is   y = 3x  

and if  x = -2  so y = 3*-2 = -6

For a super soaker water gun, a pump handle is moved back and forth to build up pressure in the water reservoir. The water is released by pulling a trigger and shooting the water a significant distance. Assuming that you can create an absolute pressure of 8 atm in the reservoir:
a) What is the velocity at which the water leaves the gun?
b) If the water exits the gun through a hole with a radius of 1-mm, what is the volume rate of flow in m3/s?
c) If the water gun is fired horizontally and held 1.2 meters above the ground, where does the water hit the ground? Pressure 8 cm water

Answers

Answer:

a) The velocity at which the water leaves the gun = 37.66 m/s

b) The volume rate of flow = (1.183 × 10⁻⁴) m³/s

c) The water hits the ground 18.64 m from the point where the water gun was shot.

Step-by-step explanation:

a) Using Bernoulli's equation, an equation that is based on the conservation of energy.

P₁ + ½ρv₁² + ρgh₁ = P₂ + ½ρv₂² + ρgh₂

The two levels we are considering is just inside the water reservoir and just outside it.

ρgh is an extension of potential energy and since the two levels are at the same height,

ρgh₁ = ρgh₂

Bernoulli's equation becomes

P₁ + ½ρv₁² = P₂ + ½ρv₂²

P₁ = Pressure inside the water reservoir = 8 atm = 8 × 101325 = 810,600 Pa

ρ = density of water = 1000 kg/m³

v₁ = velocity iof f water in the reservoir = 0 m/s

P₂ = Pressure outside the water reservoir = atmospheric pressure = 1 atm = 1 × 101325 = 101,325 Pa

v₂ = velocity outside the reservoir = ?

810,600 + 0 = 101,325 + 0.5×1000×v₂²

500v₂² = 810,600 - 101,325 = 709,275

v₂² = (709,275/500) = 1,418.55

v₂ = √(1418.55) = 37.66 m/s

b) Volumetric flowrate is given as

Q = Av

A = Cross sectional Area of the channel of flow = πr² = π×(0.001)² = 0.0000031416 m²

v = velocity = 37.66 m/s

Q = 0.0000031416 × 37.66 = 0.0001183123 m³/s = (1.183 × 10⁻⁴) m³/s

c) If the height of gun above the ground is 1.2 m. Where does the water hit the ground?

The range of trajectory motion is given as

R = vT

v = horizontal component of the velocity = 37.66 m/s

T = time of flight = ?

But time of flight is given as

T = √(2H/g) (Since the initial vertical component of the velocity = 0 m/s

H = 1.2 m

g = acceleration due to gravity = 9.8 m/s²

T = √(2×1.2/9.8) = 0.495 s

Range = vT = 37.66 × 0.495 = 18.64 m

Hope this Helps!!!

A container holds less than 4 gallons of paint. Which inequality represents q, the number of quarts of paint it can hold? Recall that 4 quarts equal 1 gallon. A. q 1 C q 16

Answers

Answer:

q<16

Step-by-step explanation:

Multiply four quarts by four gallons. This gives us 16. Now, since it says less than, and not less than or equal to, we use < symbol. q<16

Answer:

q<16

Step-by-step explanation:

PLS HELP ME 10PTS

An artist creates a​ cone-shaped sculpture for an art exhibit. If the sculpture is 7 feet tall and has a base with a circumference of 27.632 ​feet, what is the volume of the​ sculpture?

Answers

Answer: The volume of the​ sculpture is 141.84 cubic-feet

Step-by-step explanation: Please see the attachments below

The volume of a sphere is approximately 1767.1459 cubic inches. What is the length of the radius of the sphere the nearest tenth?

Answers

Answer:

7.5 in

Step-by-step explanation:

Step one

This problem bothers on the mensuration of solid shapes, a sphere.

We know that the volume of a sphere is expresses as

V= (4/3) πr³

Given that the volume of the sphere is

1767.1459 in³

To solve for the radius r we need to substitute the value of the volume in the expression for the volume we have

Step two

1767.1459= (4/3) πr³

1767.1459*3= 4πr³

5301.4377/4*3.142=r³

421.82031=r³

Step three

To get r we need to cube both sides we have

r= ³√421.82031

r= 7.49967589711

To the nearest tenth

r= 7.5 in

If the discriminant of a quadratic equation is equal to -8, which statement describes the roots?
There are two complex roots.
There are two real roots.
There is one real root.
There is one complex root.

Answers

Answer:

There are two complex roots.

Step-by-step explanation:

When the discriminant is a negative number, the parabola will not intersect the x-axis. This means that there are no solutions/two complex solutions.

The mean family income for a random sample of 600 suburban households in Loganville shows that a 95 percent confidence interval is ($43,100, $59,710). Alma is conducting a test of the null hypothesis H0: µ = 42,000 against the alternative hypothesis Ha: µ ≠ 42,000 at the α = 0.05 level of significance. Does Alma have enough information to conduct a test of the null hypothesis against the alternative?

Answers

Answer:

[tex] 43100 \leq \mu \leq 59710[/tex]

And for this case we want to test the following hypothesis:

Null hypothesis: [tex] \mu =42000[/tex]

Alternative hypothesis: [tex] \mu \neq 42000[/tex]

For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000

Step-by-step explanation:

The confidence interval for the mean is given by the following formula:

[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex]   (1)

And for this case the 95% confidence interval is already calculated as:

[tex] 43100 \leq \mu \leq 59710[/tex]

And for this case we want to test the following hypothesis:

Null hypothesis: [tex] \mu =42000[/tex]

Alternative hypothesis: [tex] \mu \neq 42000[/tex]

For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000

Answer: Yes, because $42,000 is not contained in the 95% confidence interval, the null hypothesis would be rejected in favor of the alternative, and it could be concluded that the mean family income is significantly different from $42,000 at the α = 0.05 level

Step-by-step explanation:

took the test

18. The servicing of a machine requires two separate steps, with the time needed for the
first step being an exponential random variable with mean 0.2 hour and the time for the
second step being an independent exponential random variable with mean 0.3 hour. If a
repair person has 20 machines to service, what is approximately the probability that all the
work can be completed in 8 hours?

Answers

Answer:

Step-by-step explanation:

Let X denote the first step

Let Y denote the second step

Then

E(X) = 0.2

E (Y) = 0.3

V (X) = 0.04

V (Y) = 0.09

Now,

E(X,Y) = E[X] + E{Y}

0.2 + 0.3 = 0.5

And since X and Y are independent

Therefore,

V(X , Y) = V(X) + V(Y)

= 0.04 + 0.09

= 0.13

Now required probability is

[tex]P\{ \sum X_i+\sum Y_i<8 \}=P\{ \frac{\sum X_i + \sum Y_i-nE[X+Y]}{\sqrt{Var(X+Y)n} } <\frac{8-20\times0.5}{\sqrt{0.13\times20} } \}\\\\=P\{Z_n<\frac{8-10}{\sqrt{2.6} } \}\\\\=P\{Z_n<-1.24\}[/tex]

= Φ(-1.24)

= 1 - Φ (1.24)

= 1 - 0.8925

= 0.1075


In the triangles below, m B = MZP and mZT = m J.
What is the length of PQ?
6
3
5
12

Answers

I can't solve it because it didn't have enough information

if y=5x what happens to the value of y if the value of x doubles

Answers

Answer:

[tex] y = 5x[/tex]

And we need to ee what happen if we increase the value of x by a factor of 2. So then for this case we can set up the equation like this:

[tex] y_f = 5(2x) = 10x[/tex]

And if we find the ratio between the two equations we got:

[tex] \frac{y_f}{y} =\frac{10x}{5x} =2[/tex]

So then if we increase the value of x by a factor of 2 then the value of y increase also by a factor of 2

Step-by-step explanation:

For this case we have this equation given:

[tex] y = 5x[/tex]

And we need to ee what happen if we increase the value of x by a factor of 2. So then for this case we can set up the equation like this:

[tex] y_f = 5(2x) = 10x[/tex]

And if we find the ratio between the two equations we got:

[tex] \frac{y_f}{y} =\frac{10x}{5x} =2[/tex]

So then if we increase the value of x by a factor of 2 then the value of y increase also by a factor of 2

SELECT THE EQUIVALENT EXPRESSION
(6^-4 x 8^-7)^-9
A. 6^36•8^63
B. 1/6^13•8^16

Answers

Answer:

A

Step-by-step explanation:

Calculate the products in the multiple choice and see if any equal the product in the problem.

Hence as the products calculated in choice A equal that in the problem;the answer is A

17)Let f(x) = -2x + 5 and g(x) = 9x2 + 4. Find f(8) + g(8) . A)565 B)569 C)564 D)560​

Answers

Answer:

answer B [tex]\boxed{ \ 569 \ }\\[/tex]

Step-by-step explanation:

f(8)=-2*8+5=-11

g(8)=9*8*8+4=580

f(8)+g(8)= -11+580=569

The number of electrical outages in a city varies from day to day. Assume that the number of electrical outages ( x ) in the city has the following probability distribution.xf (x)00.8010.1520.0430.01The mean and the standard deviation for the number of electrical outages (respectively) are _____.

Answers

Answer:

Therefore, the mean and the standard deviation for the number of electrical outages (respectively) are 0.26 and 0.5765 respectively.

Step-by-step explanation:

Given the probability distribution table below:

[tex]\left|\begin{array}{c|cccc}x&0&1&2&3\\P(x)&0.8&0.15&0.04&0.01\end{array}\right|[/tex]

(a)Mean

Expected Value, [tex]\mu =\sum x_iP(x_i)[/tex]

=(0*0.8)+(1*0.15)+(2*0.04)+(3*0.01)

=0+0.15+0.08+0.03

Mean=0.26

(b)Standard Deviation

[tex](x-\mu)^2\\(0-0.26)^2=0.0676\\(1-0.26)^2=0.5476\\(2-0.26)^2=3.0276\\(3-0.26)^2=7.5076[/tex]

Standard Deviation [tex]=\sqrt{\sum (x-\mu)^2P(x)}[/tex]

[tex]=\sqrt{0.0676*0.8+0.5476*0.15+3.0276*0.04+7.5076*0.01}\\=\sqrt{0.3324}\\=0.5765[/tex]

Therefore, the mean and the standard deviation for the number of electrical outages (respectively) are 0.26 and 0.5765 respectively.

Outline the procedure for finding probabilities of any given compound events.

Answers

Answer:

Explained below.

Step-by-step explanation:

A compound event is an event in which has possible outcomes more than one.  

To determine the probability of compound events on has to compute the sum of the probabilities of all the individual events and, if required, remove any coinciding probabilities.

Examples of compound events are:

The events of roll a five using a 6-sided die .

The number of favorable outcome is rolling a 5, is 1.

The total number of outcomes of rolling a die is 6.

Then the probability of rolling a 5 is 1/6.

The events of pulling a heart out of a standard deck of cards

The number of favorable outcome of pulling a heart is 13.  

The total number of outcomes is 52.

The probability of pulling a heart from a standard deck is 13/52 or 1/4.

Thus, the procedure is to compute the sum of the probabilities of all the individual events and, if required, remove any coinciding probabilities.

An object travels along a horizontal path at a constant rate.the object travels 1/20 of the length of the path in 3/4 second.at that rate,how many seconds does it take the object to travel the entire length of the path?

Answers

Answer:

The onject 1/8 of the length of the path 3/4 in second.

Using the ratio and proportion to find the total time does it take the object to travel the entire length of the path as following

Length:time

X:(total time )

Total time x.(3/4)/(1/8x)=(3/4)/(1/8) = 6 seconds

Complete the paragraph proof. Given: and are right angles Line segment A B is-congruent-to line segment B C Line segment B C is-congruent-to line segment A C Prove: Line A R bisects Angle B A C Triangles A B R and R C A share side R A. A line is drawn from point B to point C and intersects side A R at point P. It is given that and are right angles, and . Since they contain right angles, ΔABR and ΔACR are right triangles. The right triangles share hypotenuse , and reflexive property justifies that . Since and , the transitive property justifies . Now, the hypotenuse and leg of right ΔABR is congruent to the hypotenuse and the leg of right ΔACR, so by the HL congruence postulate. Therefore, ________ by CPCTC, and bisects by the definition of bisector.

Answers

Answer:

<BAR ≅<CAR

Step-by-step explanation:

Just took the test

Answer:

A edg 2020

Step-by-step explanation:

If a triangle has sides that are 21 and 6 what is the range for third side x?
Enter your answer without spaces in range format.
Example: 1<x<3​

Answers

Answer:

15<x<27

Step-by-step explanation:

Rule for the sides of a triangle:

The sum of the two smallest sides of a triangle must be greater than the biggest side.

In this question:

Sides of 6, 21 and x. We have to find the range for x.

If 21 is the largest side:

Two smallest are 6 and x.

x + 6 > 21

x > 21 - 6

x > 15

If x is the largest side:

Two smallest and 6 and 21. So

21 + 6 > x

27 > x

x < 27

Then

x has to be greater than 15 and smaller than 27. So the answer is:

15<x<27

if you’re good with permutations in math 30 help out with this easy question


In how many ways can five boys and three girls sit in a row such that all boys sit together?

a) 4800

b) 5760

c) 2880

d) 1440

Answers

Answer:

2880

Step-by-step explanation:

Consider the 5 boys to be 1 group.  The boys and 3 girls can be arranged in 4! ways.

Within the group, the boys can be arranged 5! ways.

The total number of permutations is therefore:

4! × 5! = 2880

please hurry I’ll make brainiest


A marble is thrown off of a balcony, towards the ground, from a height
of 18 feet above ground level, with a velocity of 4.5 feet per second.
Which function could be used to model the height of the marble, after
t seconds?

Answers

Answer:

Option (3)

Step-by-step explanation:

A stone has been thrown off towards the ground from a height [tex]h_{0}[/tex] = 18 feet

Initial speed of the stone 'u' = 4.5 feet per second

Since height 'h' of a projectile at any moment 't' will be represented by the function,

h(t) = ut - [tex]\frac{1}{2}(g)(t)^2[/tex] + [tex]h_{0}[/tex]

h(t) = 4.5t - [tex]\frac{1}{2}(32)t^2[/tex]+ 18 [ g = 32 feet per second square]

h(t) = 4.5t - 16t² + 18

h(t) =-16t² + 4.5t + 18

Therefore, Option (3) will be the answer.

The iron cube of side 42 com has a hole of diameter 14cm
drilled out. Calculate the volume of iron in the cube
and the total Surface area
of the Cube​

Answers

Answer:

Step-by-step explanation:

Total surface of the cube = 6a²

                                          = 6 * 42 * 42

                                          = 10584 cm²

Hole that is drilled out, will make a cylinder shape in the middle of the cube

Volume  of iron in the cube = Volume of cube  - volume of cylinder

Volume of cube = a³

                          = 42 * 42 * 42

                         = 74088 cm³

Cylinder:

r = 14/2 = 7 cm

h = sideof the cube = 42 cm

Volume = πr²h

            [tex]=\frac{22}{7}*7*7*42\\\\=22*7*7*6[/tex]

           = 6468 cm³

Volume  of iron in the cube = Volume of cube  - volume of cylinder

                                             = 74088 - 6468

                                             = 67620 cm³

Suppose ARB Bank is reviewing its service charges and interest payment policies on current accounts. Suppose further that ARB has found that the average daily balance on personal current accounts is GH¢350.00, with a standard deviation of GH¢160.00. In addition, the average daily balances have been found to follow a normal distribution;
What percentage of customers carries a balance of GH¢100 or lower?
What percentage of customers carries a balance of GH¢500 or lower?
What percentage of current account customers carries average daily balances exactly equal to GH¢500?
What percentage of customers maintains account balance between GH¢100 and GH¢500?

Answers

Answer:

5.94% of customers carries a balance of GH¢100 or lower.

82.64% of customers carries a balance of GH¢500 or lower.

0% of current account customers carries average daily balances exactly equal to GH¢500.

76.7% of customers maintains account balance between GH¢100 and GH¢500

Step-by-step explanation:

When the distribution is normal, we use the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

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

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this question, we have that:

[tex]\mu = 350, \sigma = 160[/tex]

What percentage of customers carries a balance of GH¢100 or lower?

This is the pvalue of Z when X = 100. So

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

[tex]Z = \frac{100 - 350}{160}[/tex]

[tex]Z = -1.56[/tex]

[tex]Z = -1.56[/tex] has a pvalue of 0.0594

5.94% of customers carries a balance of GH¢100 or lower.

What percentage of customers carries a balance of GH¢500 or lower?

This is the pvalue of Z when X = 500.

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

[tex]Z = \frac{500 - 350}{160}[/tex]

[tex]Z = 0.94[/tex]

[tex]Z = 0.94[/tex] has a pvalue of 0.8264

82.64% of customers carries a balance of GH¢500 or lower.

What percentage of current account customers carries average daily balances exactly equal to GH¢500?

In the normal distribution, the probability of finding a value exactly equal to X is 0. So

0% of current account customers carries average daily balances exactly equal to GH¢500.

What percentage of customers maintains account balance between GH¢100 and GH¢500?

This is the pvalue of Z when X = 500 subtracted by the pvalue of Z when X = 100.

From b), when X = 500, Z = 0.94 has a pvalue of 0.8264

From a), when X = 100, Z = -1.56 has a pvalue of 0.0594

0.8264 - 0.0594 = 0.767

76.7% of customers maintains account balance between GH¢100 and GH¢500

Nam owns a used car lot. He checked the odometers of the cars and recorded how far they had driven. He
then created both a histogram and a box plot to display this same data (both diagrams are shown below).
Which display can be used to find how many vehicles had driven more than 200,000 km (kilometers)?
Choose 1 answer:

Answers

Answer:

a histogram

Step-by-step explanation:

You can count easily from hiistogram how many vehicles had driven more than 200,000 km (kilometers) and that's not the case with the box plot

Other Questions
Look at Botticellis Virgin and Child with Four Angels and Six Saints. This painting is a good example of:A. The depiction of the Gods-eye viewB. The use of Chiaroscuro to guide the viewers attention C. A symmetrically balanced composition D. Precise anatomical proportionality Andrea compr 2 litros 14 de detergente, Mara le regal 3 litros 13 y Rosa le pidi 1 litro 12 de detergente. Cuntos litros de detergente tiene en total Andrea? 18. The servicing of a machine requires two separate steps, with the time needed for thefirst step being an exponential random variable with mean 0.2 hour and the time for thesecond step being an independent exponential random variable with mean 0.3 hour. If arepair person has 20 machines to service, what is approximately the probability that all thework can be completed in 8 hours? The mean family income for a random sample of 600 suburban households in Loganville shows that a 95 percent confidence interval is ($43,100, $59,710). Alma is conducting a test of the null hypothesis H0: = 42,000 against the alternative hypothesis Ha: 42,000 at the = 0.05 level of significance. Does Alma have enough information to conduct a test of the null hypothesis against the alternative? The process of identifying an incident or experience that you would like to talk aboutA.is undertaken as part of the first revision of your presentation.B.is best done after extensive research of your topic.C.is the very first step when preparing a narrative presentation.D.is accomplished by becoming familiar with the thesis statement. if f(x)=2x+3, what is f(-2) please can i have some with the question attached thanks. What examples does Martin Luther King Jr. give of problems he believes are going unaddressed during his life? Select the correct answer.This pyramid has the same base as the prism, and its height is three times the height of the prism. What is the ratio of the volume of thepyramid to the volume of the prism? How many grams of H2S is needed to produce 18.00g of PbS if the H2S is reacted with anexcess (unlimited) supply of Pb(CH3COO)2? If a triangle has sides that are 21 and 6 what is the range for third side x?Enter your answer without spaces in range format.Example: 1 To start a taco food truck service, a woman borrowed $7,500. If the loan was for 5 years and the amount of interest was $3187.50, what simple interest rate was she charged? if youre good with permutations in math 30 help out with this easy question In how many ways can five boys and three girls sit in a row such that all boys sit together?a) 4800b) 5760c) 2880d) 1440 please hurry Ill make brainiest A marble is thrown off of a balcony, towards the ground, from a heightof 18 feet above ground level, with a velocity of 4.5 feet per second.Which function could be used to model the height of the marble, aftert seconds? what is the difference between -17 and -7 On January 1, Wei company begins the accounting period with a $42,000 credit balance in Allowance for Doubtful Accounts. A. On February 1, the company determined that $9,200 in customer accounts was uncollectible; specifically, $2,100 for Oakley Co. and $7,100 for Brookes Co. Prepare the journal entry to write off those two accounts. B. On June 5, the company unexpectedly received a $2,100 payment on a customer account, Oakley Company, that had previously been written off in part a. Prepare the entries to reinstate the account and record the cash received. Please answer this correctly The ______________climate has four distinct seasons. a. Marine west coast c. Mediterranean b. Humid continental d. Subarctic To create an image, Figure C is going to be translated 2 units to the left, reflected across the y-axis, and rotated 270 clockwise about the origin. What must be true about Figure C and its image? Rhys Hoskins is the president of RH Corporation (RHC). RHC has provided the following partial listing of costs incurred during August: Marketing salaries $ 45,300 Utilities, factory $ 11,400 Administrative travel $ 102,300 Sales commissions $ 54,800 Indirect materials $ 39,500 Direct materials $ 166,400 Advertising $ 147,800 Depreciation of production equipment $ 47,000 Direct labor $ 91,700 Required: a. What is the total amount of manufacturing cost listed above?