If a random sample of size 774 is selected, what is the probability that the proportion of persons with a retirement account will differ from the population proportion by less than 3%

Answers

Answer 1

Suppose 43% of the population has a retirement account. If a random sample of size 774 is selected, what is the probability that the proportion of persons with a retirement account will differ from the population proportion by less than 3%?

Answer:

the probability that the proportion of persons with a retirement account will differ from the population proportion by less than 3% is 0.9082

Step-by-step explanation:

Given that:

sample size n = 774

Let P be the population proportion for having a retirement account  = 0.43

Also

Let consider [tex]\hat p[/tex] be the sample proportion of having a retirement account.

However; as n is > 30 ; we can say:

[tex]\mathbf{\mu_{\hat p} = 0.43}[/tex]  ;  

 [tex]\mathbf{\sigma_{\hat p^2} = \dfrac{p(1-p)}{n}}[/tex]  

⇒   [tex]\mathbf{\sigma_{\hat p^2} = \dfrac{0.43(1-0.43)}{774}}[/tex]

⇒ [tex]\mathbf{\sigma_{\hat p^2} = \dfrac{0.43(0.57)}{774}}[/tex]

So; we need  P( the sample proportion will differ from 'p' by less than 3% i.e 0.03)

[tex]=P(| \hat p- p|< 0.03)[/tex]

[tex]=P(| \hat p- \mu _p|< 0.03)[/tex]

[tex]= P ( |\dfrac{\hat P - \mu_p}{\sigma_{\hat p}}|< \dfrac{0.03}{\sqrt{ \dfrac{0.43*0.57}{774} }})[/tex]

[tex]= P(|Z|<1.6859)\ \ \ \ [Z=(\dfrac{\hat P - \mu_{\hat P}}{\sigma_{\hat P}}) \sim N(0,1)][/tex]

[tex]= P(-1.6859 <Z<1.6859) \\ \\ = \Phi(1.6859)- \Phi (-1.6859) \\ \\ = \Phi (1.6859) - (1- \Phi(1.6859) \\ \\ = 2 \Phi (1.6859)-1[/tex]

From Normal Cumulative Distribution Function Table

[tex]= 2*0.9541 -1[/tex]

= 1.9082 - 1

= 0.9082

Thus; the probability that the proportion of persons with a retirement account will differ from the population proportion by less than 3% is 0.9082


Related Questions

What’s the correct answer for this? Select two answers that, when combined, show that circles are similar

Answers

Answer:

A and F

Step-by-step explanation:

First we'll dilate it by a scale factor of 2. After that, we'll translate in 6 units left and 6 units up to map circle J onto circle K

(a^2-b^2) (c^2-d^2) +4abcd​

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[tex]a^{2} {c}^{2} - {a}^{2} {d}^{2} - {b}^{2} {c}^{2} + {b}^{2} {d}^{2} + 4abc[/tex]

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Option 2 would be the answer i feel it

Answer:

2, -1/2

Step-by-step explanation:

2m²-3m-2=0

2m² - 4m + 1m - 2=0

2m(m-2)+(m-2)=0

(2m+1)(m-2)=0

2m+1=0 ⇒ m= -1/2

m-2=0 ⇒ m=2

Solve for the unknown value
X=______Degrees

Answers

Answer:

Step-by-step explanation:

_______________________________

Hey!!

Solution,

X+61+42=180[ sum of angle in triangle]

or,X+103=180

or,X=180-103

X=77°

So the value of X is 77°

Hope it helps..

Good luck on your assignment

____________________________

Find the area of a circle with radius, r = 19cm.
Give your answer rounded to 3 SF.

Answers

pi * 19^2 = 11134.11
1134.11 to 3 sf = 1130

Answer:

1130

Step-by-step explanation:

since radius of the circle was given and the formula of the area is pie r square

Please answer this correctly

Answers

Answer:

618

Step-by-step explanation:

l x w

34x5

14x27

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HELP PLEASE

Find the solution set.
(x - 11)(x - 11) = 0

Answers

Answer:

x = 11

Step-by-step explanation:

You are solving for the solution of the variable given (x). Set each parenthesis equal to 0 and simplify:

Isolate the variable, x. Note the equal sign, what you do to one side, you do to the other. Add 11 to both sides:

x - 11 = 0

x - 11 (+11) = 0 (+11)

x = 0 + 11

x = 11

Do the same for the other set:

x - 11 = 0

x - 11 (+11) = 0 (+11)

x = 0 + 11

x = 11

~

The answer is 11

Because you have to add 11 on both sides to get x by itself!

which statement about numbers is true

Answers

Answer:

what are the answers fir this question

Answer:

Answer options are:

a. All integers are natural numbers.

b. All rational numbers are integers.

c. All natural numbers are whole numbers.

d. All rational numbers are natural numbers.

Step-by-step explanation:

Answer is C

01

The list below shows the prices of T-shirts at a clothing store.

{8, 10, 10, 12, 15, 15, 18)

Which statement best describes the mean of this ser?

the difference between the least and greatest prices

the sum of the prices

the quotient of the difference between the least and greatest prices divided by 7

the sum of the prices divided by 7

dem

Answers

Answer:

  the sum of the prices divided by 7

Step-by-step explanation:

The mean is the sum of the elements of a set, divided by the number of elements in the set. This set has 7 members, so its mean is ...

  the sum of the prices divided by 7

Angelina read 30% of her book containing 360 pages. How many pages has she read so far

Answers

Answer:

360 x 30% = answer

30% = 30/100 = 0.3

360 x 0.3 = 108

108 is the answer

Hope this helps

Step-by-step explanation:

Answer:

108 pages

Step-by-step explanation:

30% of 360=108

360*.30=108

Felicia walks 3 blocks west, 4 blocks south, 3 more blocks west, then
2 blocks south again. How far is Felicia from her starting point?
blocks
Answer:

Answers

She is 6 blocks south

Pablo created the bar model and equation after paying a $9.79 lunch bill with a $20 bill.

Answers

Answer:

It is c he revived 10.21

Step-by-step explanation:

At the neighborhood block party, John noticed that every 5 minutes, the
shadow of a nearby pine tree got six inches longer. The shadow was 12
feet long at 4:15pm. How long was the shadow at 5:00pm?

Answers

Answer:

7

Step-by-step explanation:

I think because at if you divide 45 by 6 because its 45 minutes from 4:15 to 5:00 and it grows 6 inches longer every five min

Find the range of the following data set.
11,5, 1, 11, 12
01
1.
017

Answers

Answer:

range 11

Step-by-step explanation:

The range is the largest number minus the smallest number

The largest number is 12 and the smallest number is 1

12 - 1 = 11

A glucose solution is administered intravenously into the bloodstream at a constant rate r. As the glucose is added, it is converted into other substances and removed from the bloodstream at a rate that is proportional to the concentration at that time. Thus a model for the concentration C = C(t) of the glucose solution in the bloodstream is dC/dt = r - kC where k is a positive constant. Assuming that C0 < r/k, find lim t→[infinity] C(t) and interpret your answer

Answers

Answer:

[tex]C(t) =\dfrac{ r}{k} - \left (\dfrac{r-kC_{0}}{k} \right )e^{ -kt}[/tex]

[tex]C(t) =\dfrac{ r}{k}- e^{ -kt}[/tex]   we can conclude that the  function is an increasing function.

Step-by-step explanation:

Given that:

[tex]\dfrac{dC}{dt}= r-kC[/tex]

[tex]\dfrac{dC}{r-kC}= dt[/tex]

By taking integration on both sides ;

[tex]\int\limits\dfrac{dC}{r-kC}= \int\limits \ dt[/tex]

[tex]- \dfrac{1}{k}In (r-kC)= t +D[/tex]

[tex]In(r-kC) = -kt - kD \\ \\ r- kC = e^{-kt - kD} \\ \\ r- kC = e^{-kt} e^{ - kD} \\ \\r- kC = Ae^{-kt} \\ \\ kC = r - Ae^{-kt} \\ \\ C = \dfrac{r}{k} - \dfrac{A}{k}e ^{-kt} \\ \\[/tex]

[tex]C(t) =\frac{ r}{k} - \frac{A}{k}e^{ -kt}[/tex]

where;

A is an integration constant

In order to determine A, we have C(0) = C0

[tex]C(0) =\frac{ r}{k} - \frac{A}{k}e^{0}[/tex]

[tex]C_0 =\frac{r}{k}- \frac{A}{k}[/tex]

[tex]C_{0} =\frac{ r-A}{k}[/tex]

[tex]kC_{0} =r-A[/tex]

[tex]A =r-kC_{0}[/tex]

Thus:

[tex]C(t) =\dfrac{ r}{k} - \left (\dfrac{r-kC_{0}}{k} \right )e^{ -kt}[/tex]

b ) Assuming that C0 < r/k, find lim t→[infinity] C(t) and interpret your answer

[tex]C_{0} < \lim_{t \to \infty }C(t)[/tex]

[tex]C_0 < \dfrac{r}{k}[/tex]

[tex]kC_0 <r[/tex]

The equation for C(t) can therefore be re-written as :

[tex]C(t) =\dfrac{ r}{k} - \left (\dfrac{r-kC_{0}}{k} \right )e^{ -kt}[/tex]

[tex]C(t) =\dfrac{ r}{k} - \left (+ve \right )e^{ -kt} \\ \\C(t) =\dfrac{ r}{k}- e^{ -kt}[/tex]

Thus; we can conclude that the above function is an increasing function.

For what value of the variable will the value of 7y−2 be ten more than the value of 2y?

Answers

Answer:

y=2.4

Step-by-step explanation:

7y-2=2y+10

7y-2y=10+2

5y=12

y=12/5=2.4

What’s the correct answer for this?

Answers

Answer:

B.

Step-by-step explanation:

Using the formula

S = r∅

Where s is Arc length,l

R is radius

∅ is radian measure for angle RAD

Substituting

L = R∅

So

∅ = L/R

Here's a graph of a linear function. Write the
equation that describes that function.
Express it in slope-intercept form.
Help please !!!

Answers

Answer:

y=2x-4

Step-by-step explanation:

Your answer, in slope-intercept form:
y = 2x - 4

If an arrow is shot upward on Mars with a speed of 52 m/s, its height in meters t seconds later is given by y = 52t − 1.86t2. (Round your answers to two decimal places.) (a) Find the average speed over the given time intervals.

Answers

Answer:

A. (I) v = 46.42 m/s; (ii) v = 47.35 m/s; (III) v = 48.09 m/s; (iv) v = 48.26 m/s; (v) v = 58.28 m/s

B. v = 48.28 m/s

Note: the question is missing some values. The full Question is provided below:

If an arrow is shot upward on Mars with a speed of 52 m/s, its height in meters t seconds later is given by y = 52t − 1.86t2. (Round your answers to two decimal places.)

(a) Find the average speed over the given time intervals. (i) [1, 2] m/s (ii) [1, 1.5] m/s (iii) [1, 1.1] m/s (iv) [1, 1.01] m/s (v) [1, 1.001] m/s

(b) Estimate the speed when t = 1. m/s

Step-by-step explanation:

Height, y = 52t - 1.86t²

Velocity = ∆y/∆t = 52 - 1.86 * 2t = 52- 3.72t

A. Average velocity = (v1 + v2)/2

(i) At t = 1, 2

Average velocity = (52 - 3.72*1 + 52 -3.72*2)/2 = 46.42 m/s

(ii) At t = 1,1.5

Average velocity = (52 - 3.72*1 + 52 - 3.72*1.5)/2 = 47.35 m/s

(iii) At t = 1,1.1

Average velocity = (52 - 3.72*1 + 52 -3.72*1.1)/2 = 48.09m/s

(iv) At to = 1, 1.01

Average velocity = (52 - 3.72*1 + 52 - 3.72*1.01)/2 = 48.26 m/s

(iv) At t = (1, 1.001)s

Average velocity = (52 - 3.72*1 + 52 - 3.72*1.001)/2 = 48.28 m/s

B. Speed at t = 1s

Velocity = 52 - 3.72 * 1 = 48.28 m/s

What value of c makes x2 + 6x + c a perfect square trinomial?

Answers

Answer:

9

Step-by-step explanation:

x^2 + 6x + c

Take the coefficient of x

6

Divide by 2

6/2 = 3

Square it

3^2 = 9

That is the value of c required

Answer:

C. 9

Step-by-step explanation:

c = 9

x² + 6x + 9

= (x+3)(x+3)

= (x + 3)²

it is a perfect square trinomial when c is equal to 9

whats the percentage of 56/100

Answers

Answer:

56%

Step-by-step explanation:

Any number out of 100 is that number's percent.

If it's for say 0.1/100, its 0.1%.

Mel buys a shirt that cost 12.50 and some pairs of socks that are 2.50 each.He pays a total of 27.50$.How many pairs of socks did Mel buy?

Answers

Answer:

6

Step-by-step explanation:

Let's call the number of pairs of socks he buys s.

[tex]12.50+2.50s=27.50[/tex]

Subtract 12.50 from both sides:

[tex]2.50s=15[/tex]

Divide both sides by 2.5 to isolate s:

[tex]s=6[/tex]

Hope this helps!

Confidence Intervals for Curved Gaussian Family Bookmark this page (a) 1 point possible (graded) Let X1,…,Xn be i.i.d. random variables with distribution N(θ,θ) , for some unknown parameter θ>0 . True or False: The sample average X¯¯¯¯n follows a normal distribution for any integer n≥1 .
a. true
b. false

Answers

Answer:

True

True

Step-by-step explanation:

The unknown parameters are treated as variable and data serve as coefficients. The random variables are value whose outcome depends on some random event. The θ can exist when n ≥ 0. A sample mean is a sequence which has normal distribution and n ≥ 1. The sample average of X-n follows normal distribution for all integer and n is greater or equal to 1.

The given statement is True

Random variable:

The unknown parameters should be considered variable and data represent the coefficients. The random variables refers to the value where  outcome based on some random event. The θ could exist at the time when n ≥ 0. A sample mean represent the sequence that contains normal distribution and n ≥ 1.

Learn more about distribution here: https://brainly.com/question/24520301

Parker marks sixths on number line. He writes 5/6 just before 1. What fraction does he write on the first mark to the right of 1?

Answers

Answer:

The first fraction at the right of 1 is [tex]\frac{7}{6}[/tex] or [tex]1\frac{1}{6}[/tex]

Step-by-step explanation:

Given

Marks of 6ths on a number line

Fraction 5/6 just before 1

Required

What fraction is at the right 1

To get the first fraction at the right of 1, we need to get the difference between each fraction;

This is calculated as follows;

[tex]Difference = 1 - \frac{5}{6}[/tex]

Take LCM

[tex]Difference = \frac{6 - 5}{6}[/tex]

[tex]Difference = \frac{1}{6}[/tex]

This implies that the difference between each mark is [tex]\frac{1}{6}[/tex].

To get the first mark at the right of 1;

We simply add the difference to 1;

This implies that;

[tex]Mark = 1 + \frac{1}{6}[/tex]

Take LCM

[tex]Mark = \frac{6 + 1}{6}[/tex]

[tex]Mark = \frac{7}{6}[/tex]

Convert to mixed fraction

[tex]Mark = 1\frac{1}{6}[/tex]

Hence, the first fraction at the right of 1 is [tex]\frac{7}{6}[/tex] or [tex]1\frac{1}{6}[/tex]

What’s the correct answer for this?

Answers

Answer:

C

Step-by-step explanation:

It's of the shape of a cone

Prove the Triangle Proportinality Theorem

Answers

Answer:

Step-by-step explanation:

Given: DE║BC

To prove: [tex]\frac{\text{AD}}{\text{DB}}=\frac{\text{AE}}{\text{EC}}[/tex]

                Statements                           Reasons

1). DE║BC                                   1). Given

2). ∠1 ≅ ∠4, ∠3 ≅ ∠4                2). Corresponding angles theorem

3). ΔADE ~ ΔABC                      3). AA Similarity theorem

4). [tex]\frac{\text{AB}}{\text{AD}}=\frac{\text{AC}}{\text{AE}}[/tex]                                4). Corresponding sides are proportional

5). [tex]\frac{\text{AD+DB}}{\text{AD}}=\frac{\text{AE+EC}}{AE}[/tex]                   5). Segment addition postulate

6). [tex]1+\frac{\text{DB}}{\text{AD}}=1+\frac{\text{EC}}{\text{AE}}[/tex]                   6). [tex]\frac{a+b}{c}=\frac{a}{c}+\frac{b}{c}[/tex]

7). [tex]\frac{\text{DB}}{\text{AD}}=\frac{\text{EC}}{\text{AE}}[/tex]                                7). Subtract 1 from both sides

8). [tex]\frac{\text{AD}}{\text{DB}}=\frac{\text{AE}}{\text{EC}}[/tex]                               8). Take the reciprocal of both sides

Solve for n.

11(n – 1) + 35 = 3n

n = –6
n = –3
n = 3
n = 6

Answers

Answer:

-3 =n

Step-by-step explanation:

11(n – 1) + 35 = 3n

Distribute

11n -11 +35 = 3n

Combine like terms

11n +24 = 3n

Subtract 11n from each side

11n +24 -11n = 3n -11n

24 = -8n

Divide each side by -8

24/-8 = -8n/-8

-3 =n

Answer: n=-3

Step-by-step explanation:

11n-11+35=3n

24=-8n

n=-3

What’s the correct answer for this?

Answers

Answer:

(0,2)

Step-by-step explanation:

2:4 means one part is 2/(2+4)=1/3 of AB and the other part is 2/3 of AB

Add 1/3 of the distance from -2 to 4. (1/3)(4+2)=2. -2+2=0 The x coordinate is 0

Subtract 1/3 of the distance from 6 to -6, (1/3)6+6)=4 6-4=2 The y coordinate is 2

The point is (0,2)

Determine whether the given value of the variable is a solution of the inequality.

Answers

Answer:

Yes, [tex]\frac{3}{4}[/tex] is a solution of the inequality.

Step-by-step explanation:

Solution of an inequality is given by the values of the variable t ≥ [tex]\frac{2}{3}[/tex]

Or t ≥ 0.67

If a solution of this inequality is t = [tex]\frac{3}{4}[/tex]

Or t = 0.75

Since, on a number line 0.75 > 0.67

Therefore, [tex]\frac{3}{4}[/tex] will be a solution of the inequality.

What is the value of x?
A-17
B-26
C-39
D-41

Answers

Answer: 41

Step-by-step explanation:

a^2 + b^2 = c^2

40^2 + 9^2 = c^2

c = √1681 = 41

Answer:

D: 41

Step-by-step explanation:

Using Pythagorean Theorem

c² = a² + b²

Where c is hypotenuse, x

a is the base, 9

b is the perpendicular, 40

Putting in the formula

x² = (40)²+(9)²

x² = 1600 + 81

x² = 1681

Taking square root on both sides

x = 41

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