A credit card company monitors cardholder transaction habits to detect any unusual activity. Suppose that the dollar value of unusual activity for a customer in a month follows a normal distribution with mean $250 and variance $2400.
(a) What is the probability of $250 to $294 in unusual activity in a month? Round your answer to four decimal places (e.g. 98.7654) P-0.4861
(b) What is the probability of more than $294 in unusual activity in a month? Round your answer to four decimal places (e.g. 98.7654) P 0.0139
(c) Suppose that 10 customer accounts independently follow the same normal distribution. What is the probability that at least one of these customers exceeds $294 in unusual activity in a month? Round your answer to four decimal places (e.g. 98.7654)

Answers

Answer 1

Answer:

Step-by-step explanation:

Let x be the random variable representing the dollar value of unusual activity for a customer in a month. Since it is normally distributed and the population mean and population standard deviation are known, we would apply the formula,

z = (x - µ)/σ

Where

x = sample mean

µ = population mean

σ = standard deviation

From the information given,

µ = 250

σ = √variance = √2400 = 48.99

a) the probability of $250 to $294 in unusual activity in a month is expressed as

P(250 ≤ x ≤ 294)

For x = 250,

z = (250 - 250)/48.99 = 0

Looking at the normal distribution table, the probability corresponding to the z score is 0.5

For x = 294

z = (294 - 250)/48.99 = 0.9

Looking at the normal distribution table, the probability corresponding to the z score is 0.8159

Therefore,

P(250 ≤ x ≤ 294) = 0.8159 - 0.5 = 0.3159

b) the probability of more than $294 in unusual activity in a month is expressed as

P(x > 294) = 1 - P(x < 294)

P(x > 294) = 1 - 0.8159 = 0.1841

c) since n = 10, the formula becomes

z = (x - µ)/(σ/n)

z = (294 - 250)/(48.99/√10) = 2.84

Looking at the normal distribution table, the probability is 0.9977

Therefore, the probability that at least one of these customers exceeds $294 in unusual activity in a month is

1 - 0.9977 = 0.0023


Related Questions

Can someone solve this?

Answers

Answer:

32°CDA

Step-by-step explanation:

1. The angle facing the given arcs is half their sum, so is (180 +116)/2 = 148°. Angle 1 is the supplement of this, ...

  angle 1 = 180° -148° = 32°

__

2. Short arc WY is the supplement of 70°, Long arc WVY is the difference of that and 360°:

  arc WVY = 360° -(180° -70°) = 180°+70°

  arc WVY = 250° . . . . . matches choice C

__

3. Call the point of intersection of the secants X. The rule for secants is ...

  (XA)(XC) = (XB)(XD)

So, the length XC is ...

  XC = (XB)(XD)/(XA) = 2.4

and ...

  AC = XA +XC = 3.2 +2.4 = 5.6 . . . . . matches choice D

__

4. As in problem 3, the product of lengths from the point of secant intersection to the points of circle intersection is the same for both secants.

  (NQ)(NR) = (NP)(NS)

Substituting segment sums where necessary, we have ...

  NQ(NQ +QR) = NP(NP +PS)

Solving for PS, we have ...

  PS = NQ(NQ +QR)/NP - NP . . . . . matches choice A

6x – 2y = 10 2x + 3y = 51 Solving the first equation above for y gives: y = x – 5

Answers

Answer:

x =6y =13

Step-by-step explanation:

This is  the method I am familiar with.

I Hope It helps :)

[tex]METHOD- 1 : Elimination\\6x - 2y=10------(1)\\2x+3y =51------(2)\\Multiply -eq-(1)- by -the-coefficient-of-x-in-equation (2)\\Multiply-eq-(2) -by -the-coefficient-of-x-in-equation (1)\\6x - 2y=10------(1) *2\\2x+3y =51------(2)*6\\\\12x-4y=20 ------(3)\\12x+18y=306 ------(4)\\Subtract -eq- (4)- from- eq -(3)\\-22y =-286\\\frac{-22y}{-22} =\frac{-286}{-22} \\y =13\\[/tex]

[tex]Substitute- 13- for y -in-equation -(1)-or-(2)\\6x - 2y=10------(1)\\6x -2(13)=10\\6x -26=10\\6x =10+26\\6x =36\\\frac{6x}{6} =\frac{36}{6} \\x =6[/tex]

Answer:

Correct answers is

Step-by-step explanation:

1. 3

2. B

3. 6

4. (6,13)

Find coordinates of the mid point AS if A is (-4,7) and 5,3

Answers

The right answer is (1/2 , 5)

please see the attached picture for full solution

Hope it helps

Good luck on your assignment

A motorboat can maintain a constant speed of 28 miles
per hour relative to the water. The boat makes a trip
upstream to a certain point in 35 minutes; the return trip
takes 21 minutes. What is the speed of the current?

Answers

Answer:

7mph

Step-by-step explanation:

Given

Time Taken to go upstream Tup = 35 min

Time Taken to go downstream Tdown=21 min.

Let the absolute speed (i.e speed relative to the stationary riverbed) be :

Vup : going upstream

Vdown: going downstream.

We know that the distance traveled upstream = distance traveled downstream, hence we can equate both distances, i.e. :

Distance Traveled Upstream = Distance Traveled Downstream

Vup · Tup = Vdown · Tdown   (substituting the values for time above)

35Vup = 21Vdown

Vup = (21/35) Vdown ------------(eq 1)

We are also given that the motorboat can travel at V = 28 mph relative to the water.

Since going upstream, we are going AGAINST the current, relative to the riverbed, we expect to be travelling slower. In fact, the absolute difference between the speed relative to the water (i.e V = 28 mph) and the speed relative to the seabed (i.e Vup), is equal to the speed of the current.

The same can be said for going downstream WITH the current, that the absolute difference between V = 28mph and Vdown is also equal to the speed of the current.

Hence we can equate the two:

28 - Vup = Vdown - 28

Vup + Vdown = 2(28)

Vup + Vdown = 56 ---------------------(eq 2)

If we solve the system of equations (eq 1) and (eq2), we will get

Vup = 21 mph and Vdown = 35 mph

(sanity check tells us that this makes sense because we expect to be going slower upstream because we are going against the current)

Hence current speed

= 28-Vup

= 28 - 21

= 7 mph. (answer)

Sanity Check:

Current speed can also be written:

= Vdown-28

= 35 - 28

= 7 mph (same as what we found above, so this checks out)

The speed of the current motorboat = 7 mph

What is an expression?

Mathematical expression is defined as the collection of the numbers variables and functions by using operations like addition, subtraction, multiplication, and division.

Speed of boat in still water = 28 mph

Let the speed of stream = w

Here, The upstream time is 35 min = 35/60 h = 7/12 h

downstream time is 21 min = 21/60 h = 7/20 hours

Since, The distance (d = vt) traveled either way is the same, but at different speeds and times.

Hence, Set upstream and downstream distances (vt) equal and solve for w as;

⇒ (28 - w)(7/12) = (28 + w)(7/20)

⇒ 20 (28 - w) = 12 (28 + w)

⇒ 5(28 - w) = 3(28 + w)

⇒ 140 - 5w = 84 + 3w

⇒ 140 - 84 = 5w + 3w

⇒ 56 = 8w

⇒ w = 7

Thus, The speed of the current = 7 mph

Learn more about the mathematical expression visit:

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#SPJ2

While conducting experiments, a marine biologist selects water depths from a uniformly distributed collection that vary between 2.00 m and 7.00 m. What is the probability that a randomly selected depth is between 2.25 m and 5.00 m?

Answers

Answer:

55% probability that a randomly selected depth is between 2.25 m and 5.00 m

Step-by-step explanation:

An uniform probability is a case of probability in which each outcome is equally as likely.

For this situation, we have a lower limit of the distribution that we call a and an upper limit that we call b.

The probability that we find a value X between c and d is given by the following formula.

[tex]P(c \leq X \leq d) = \frac{d - c}{b - a}[/tex]

While conducting experiments, a marine biologist selects water depths from a uniformly distributed collection that vary between 2.00 m and 7.00 m.

This means that [tex]a = 2, b = 7[/tex]

What is the probability that a randomly selected depth is between 2.25 m and 5.00 m?

[tex]P(2.25 \leq X \leq 5) = \frac{5 - 2.25}{7 - 2} = 0.55[/tex]

55% probability that a randomly selected depth is between 2.25 m and 5.00 m

2/5 plus 1/4 plus 7/10

Answers

The answer is 1 7/20

2/5 x 4/4 + 7/10 x 2/2 + 1/4 x 5/5

=  8/20 + 14/20 + 5/20

= 27/20

= 1 7/20

Answer:

27/20 or 1 and 7/20

Step-by-step explanation:

All you do is find common factors.

Which of the following is an example of theoretical probability?
O A. Lisa attempted 25 basketball free throws and made 14 of them.
The probability Lisa will make a free throw is
14
25
O B. Mike invited 10 friends to a party, and 7 of them said yes. The
probability that a friend will say yes is
7
10
O C. Kelli put 6 red marbles and 5 blue marbles in a bag. The probability
of selecting a red marble is
6
11
O D. Tony listened to 40 songs on the radio and liked 29 of them. The
probability he will like a song is
29
40

Answers

The correct answer is C. Kelli put 6 red marbles and 5 blue marbles in a bag. The probability of selecting a red marble is 6 /11

Explanation:

Theoretical probability occurs as you calculate the probability of a specific outcome in a situation, without experimenting or observing it. Because of this, the probability is theoretical rather than experimental. Also, you can know this, if you divide the number of specific favorable outcomes by the total of possible outcomes.

Option C shows a theoretical probability because this is the only case the probability has not been observed or experimented. Also, expressing the probability as 6/11 is completely correct because 6 is the total of red marbles(possible desired outcomes), while 11 is the total marbles (possible outcomes).

What’s the correct answer for this question?

Answers

Answer: Choice C

Step-by-step explanation:

Events A and B are independent if the equation P(A∩B) = P(A) · P(B) holds true.

3/10≠3/5*1/4

so event A and B are not independent.

Solve for y
A)4
B)5
C)20
D)100
Ayo help meee I need helpppppp please I’m so nice and funnyyyyy

Answers

Answer:  nice and funnyyyyy y=4

Step-by-step explanation:

g It is known that 20% of products on a production line are defective. Products are inspected until first defective is encountered. a) What is the probability that the experimenter must inspect six products

Answers

Question:

It is known that 20% of products on a production line are defective. Products are inspected until first defective is encountered. a) What is the probability that the experimenter must inspect six products to find a defective product?

Answer:

P(x = 6) = 0.0655

P(x = 6) = 6.55%

Step-by-step explanation:

It is given that 20% of products on a production line are defective.

p = 0.20

Then

q = 1 - p = 1 - 0.20 = 0.80

Which means that 80% of products on the production line are not defective.

We want to find out the probability that the experimenter must inspect six products to find a defective product.

Let x is the number of inspections to get a defective product.

P(x = 6) = ?

If out of 6 inspections 1 is defective then it means 5 are not defective

so the probability is

P(x = 6) = p¹ × q⁵

P(x = 6) = 0.20¹ × 0.80⁵

P(x = 6) = 0.20 × 0.32768

P(x = 6) = 0.0655

P(x = 6) = 6.55%

Therefore, there is 6.55% chance that the experimenter finds a defetive product in 6 inspections.

Removing which point from the coordinate plane would make the graph a function of x? On a coordinate plane, points are at (negative 2, negative 3), (negative 2, 1), (negative 4, 3), (0, 4), (1, 1), and (2, 3). (–4, 3) (–2, 1) (0, 4) (1, 1)

Answers

Answer:

  (-2, 1)

Step-by-step explanation:

For a relation consisting of (x, y) pairs to be a function, all of the x-values must be unique. In the given relation, points (-2, -3) and (-2, 1) have the same x-value. Removing either point will make the relation a function.

Of these, the only one listed among answer choices is (-2, 1).

Answer:

-2 , 1

Step-by-step explanation:

good luck love

The probability of teenager owning a game system is .72 and the probability of teenager owning a cell phone is .93.
the probability of a teenager owning both gaming system and cell phone is .68
what is the probability of a teenager owning a gaming system or a cell phone? round to the nearest thousandth

Answers

Answer: 0.97

Step-by-step explanation:

Formula : For events A and B

P(A or B) = P(A) + P(B) - P(A and B)

Given : The probability of teenager owning a game system is .72.

i.e. P(game system) =0.72

The probability of teenager owning a cell phone is .93.

i.e. P(cell phone) = 0.93

The probability of a teenager owning both gaming system and cell phone is .68

i.e. P( game system and cell phone) = 0.68

Now , the probability of a teenager owning a gaming system or a cell phone is given by :_

P(game system or cell phone) = P(game system) +P(cell phone)- P( game system and cell phone)

= 0.72+0.93-0.68

= 0.97

Hence, the probability of a teenager owning a gaming system or a cell phone is 0.97.

Score: 4 of 8 pts
TA
23.1.59
A ball is thrown upward and outward from a height of 5 feet. The height of the ball, f(x), in feet, can be mo
f(x) = -0.2x² +2.1x+5
where x is the ball's horizontal distance, in feet from where it was thrown. Use this model to solve parts (
a. What is the maximum height of the ball and how far from where it was thrown does this occur?
The maximum height is feet, which occurs feet from the point of release
(Round to the nearest tenth as needed.)​

Answers

Answer:

  10.5 ft high

  5.3 ft horizontally

Step-by-step explanation:

The equation can be written in vertex form to answer these questions.

  f(x) = -0.2(x² -10.5x) +5

  f(x) = -0.2(x² -10.5x +5.25²) +5 +0.2(5.25²)

  f(x) = -0.2(x -5.25)² +10.5125

The vertex of the travel path is (5.25, 10.5125).

The maximum height is 10.5 feet, which occurs 5.3 feet (horizontally) from the point of release.

A hospital needs 0.100 gg of 133 54Xe 54133Xe for a lung-imaging test. If it takes 10 daysdays to receive the shipment, what is the minimal amount mXemXem_Xe of xenon that the hospital should order? Express your answer numerically in grams

Answers

Answer:

The correct answer will be "0.400 gm".

Step-by-step explanation:

The give values are:

Needs of hospital, N = 0.100 gm

Time, t = 10 days

Minimum amount of Xenon, N₀ = ?

As we know,

⇒  [tex]N(t)=N_{0} \ e^{-\lambda t}[/tex]

∴  Decay constant, λ = [tex]\frac{ln2}{t_{1/2}}[/tex]

                                λ = [tex]\frac{ln2}{5}[/tex]

On putting values, we get

⇒  [tex]0.100=N_{0} \ e^{-\frac{ln2}{5}}\times 10[/tex]

⇒  [tex]0.1=N_{0} \ e^{-2ln2} = N_{0} \ e^{-ln4}[/tex]

⇒  [tex]0.1=N_{0} \ e^{ln\frac{1}{4}}[/tex]

⇒  [tex]0.1=\frac{N_{0}}{4}[/tex]

⇒  [tex]N_{0}=0.1\times 4[/tex]

⇒  [tex]MX_{e}=0.400 \ gm[/tex]

The number of traffic accidents at a certain intersection is thought to be well modeled by a Poisson process. If the probability of no accident within a year is 5 percent. What is the mean waiting time between accidents

Answers

if percent of 1 year was 5%:

meaning time between accidents must be atleast 1 week

The mean waiting time that exists between the accidents would be:

- 1 week

'Mean waiting time' is determined through the contemplated value of an odd(random/casual) variable.

Given that,

Probability(P) of no accident taking place in 1 year = 5%

Assuming T be the accidents' number that takes place during a year,

Since 5% is the probability or chance of no accident to take place,

The mean waiting time between accidents = 1 week at least via Poisson process.

Thus, 1 week would be the correct answer.

Learn more about 'Mean' here:

brainly.com/question/521501

Please answer this correctly

Answers

Answer:

41-60 => 5

Step-by-step explanation:

41-50 => 2

51-60 => 3

So 2+3 =5

Answer:

5

Step-by-step explanation:

Add up the number of children between 41 and 60

41-50: 2

51-60: 3

------------

total 5

Based on your understanding of the ideas of external consistency and fruitfulness, which of the following statements best describes the relevance of these ideas to the acceptance of hypotheses?a. A fruitful hypothesis is considered stronger because fruitful hypotheses are always externally consistent with previously held theories. b. A fruitful hypothesis is considered stronger because fruitful hypotheses promote scientific progress by revealing new avenues of research and analysis.c. An adequate theory is always a fruitful theory. d. All internally coherent theories are fruitful.

Answers

Answer:

b

Step-by-step explanation:

externally consistent ideas are the ideas that are consistent with other well-confirmed hypothesis.

Fruitfulness of a hypothesis can be measured from the fact it it suggests something other than what it was originally suppose to explain.

Identify the predictor variable and the response variable. A farmer has data on the amount of precipitation crops received and the harvest of the crops. The farmer wants to determine the harvest of his crop based on the amount of precipitation his crop received.

Answers

Answer:

The Predictor variable is the amount of precipitation received while the Response variable is the crop harvest.

Step-by-step explanation:

The Response variable in an experiment is the factor being measured or studied. They are also known as the dependent variables. Predictor variables are those values that explain the changes in the Response variable. They are also known as the independent variables.

In the question above, the amount of precipitation provides an explanation for the harvest of his crops. Therefore, the amount of precipitation can be rightly described as the predictor or independent variable, while the harvest of his crops is described as the response or dependent variable.

Use the mathematical induction to prove that 7^n -1 is divisible by 6 whenever n is a positive integer

Answers

Answer:

Step-by-step explanation:

1) first of all, let s check for n = 1

[tex]7^1 -1=7-1=6[/tex]

that s true

2) We assume that this is true for n

[tex]7^n-1[/tex] is divisible by 6

what about [tex]7^{n+1}-1[/tex] ?

we know that there is a k natural so that [tex]7^n-1=6k[/tex]

so [tex]7^n = 1+6k[/tex]

then [tex]7^{n+1} = 7*7^n = 7(1+6k)\\[/tex]

so [tex]7^{n+1}-1 = 7(1+6k)-1 = 6+7*6k = 6(1+7k)[/tex]

so it means that [tex]7^{n+1}-1[/tex] is divisible by 6

3) finally as this is true for n=1 and if this is true for n then it is true for n+1 we can conclude that [tex]7^n-1[/tex] is divisible by 6 for n positive integer

Please answer this correctly

Answers

Answer: 1-20=2  and 60-80=4

Step-by-step explanation:

the first is 2 number of building

and the third one is 4 number of buldings

Hope this helps :)

which expression is equivalent to (5x^3)(4x)^3?
A. 20x^6
B. 320x^6
C. 500x^6
D. 8,000x^6

Answers

Answer:

320 x^6

Step-by-step explanation:

(5x^3)(4x)^3

5 x^3  * 4^3 * x*3

5x^3 *64x^3

320 x^6

Answer:

B

Step-by-step explanation:

= 5x^3  * 4^3 * x^3

= 5x^3 *64x^3

= 320x^6

Hope this helps!

NEED HELP ASP Find the common difference of the arithmetic sequence -8, -15, -22, ...

Answers

Answer:

  -7

Step-by-step explanation:

To find the differences in a sequence, subtract the term before:

  -15 -(-8) = -7

  -22 -(-15) = -7

These differences are the same, so constitute the "common" difference.

The common difference of the sequence is -7.

A small child has 6 more quarters than nickels. If the total amount of the coins is $3.00, find the number of nickels and quarters the child has.

Answers

Answer:

nickels- 5, quarters- 11

Step-by-step explanation:

nickel= 5 p,  quarter= 25 p

5x+25(x+6)= 300

30x+150=300

30x=150

x=150/30

x=5 nickels

x+6= 11 quarters

Suppose that a company's sales were $1,000,000 6 years ago and are $9,000,000 at the end of the 6 years. Find the geometric mean growth rate of sales. (Round your answer to 4 decimal places.)

Answers

Answer:

The geometric mean growth rate of sales is 1.4422.

Step-by-step explanation:

We have two sales values, one from 6 years ago and the other from now.

We have to calculate the geometric growth rate of sales.

We have:

[tex]y(-6)=1,000,000\\\\y(0)=9,000,000[/tex]

We can write the relation between these two values as:

[tex]y(0)=y(-6)k^{0-(-6)}\\\\9,000,000=1,000,000k^6\\\\k^6=9\\\\k=9^{1/6}= 1.4422[/tex]

The geometric mean growth rate of sales is 1.4422.

Which graph show the line y-4=3(x+1)

Answers

Answer:

x or slope: 3

y-intercept: 7

x      y

0     7

1      10

Explanation:

What Ln(z) is answer????!!

Answers

Write z in exponential form:

[tex]z=1-i=\sqrt2 e^{-i\frac\pi4}[/tex]

Then taking the logarithm, we get

[tex]\mathrm{Ln}(z)=\ln(\sqrt2) + \ln e^{-i\frac\pi4} = \boxed{\ln(\sqrt2)-\dfrac\pi4i}[/tex]

so a is the correct answer.

Given the function g(x)=2∙3x+1, Find g−1 (x)

Answers

Answer:

[tex]g^{-1}(x)=\frac{x-1}{6}[/tex]

A local trucking company fitted a regression to relate the travel time (days) of its shipments as a function of the distance traveled (miles). The fitted regression is Time = −7.126 + .0214 Distance, based on a sample of 20 shipments. The estimated standard error of the slope is 0.0053. Find the critical value for a right-tailed test to see if the slope is positive, using α = .05.

Answers

Answer:

Thus; the slope is positive

Step-by-step explanation:

Given that :

the sample size = 20

for the slope; the degree of freedom df = n - 2

= 20 -2

= 18

Using ∝ = 0.05

From t -table , one tailed, at df =18)

[tex]t_{\alpha , df}}= t_{0.05, df = 18} = 1.734[/tex]

Thus the t- critical for the right tailed test is 1.734. This simply refers to the fact that the critical region is test statistics.

Incorporating the Excel Formula [ T.INV (1 - 0.05).18) = 1.734063607

1.734

what expression are equivalent to 4(4x + 9)

Answers

Answer:

16x+36

Step-by-step explanation:

4(4x + 9)

16x+36

____________________________________

Solution,

4(4x+9)

=4*4x+4*9

=16x+36

So the answer is 16x+36

Hope it helps

Good luck on your assignment

___________________________________

Which is true about the polynomial-8m3+11m

Answers

Answer:

“It is a binomial with a degree of 3”

Step-by-step explanation:

Since it has just two different coefficients, it would be considered “binomial” for that reason. As you can notice, the highest degree is 3. So match those up and the correct answer would be the second choice “It is a binomial with a degree of 3”

Answer:

B

Step-by-step explanation:

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