Answer:
$2756 million
Step-by-step explanation:
2.756×10⁹ = 2756×10⁶
Sales in 2014 were $2756 million.
_____
Comment on the question
In the US, a billion is 1000 million. In some other parts of the world, a billion is a million million. This sort of question can be ambiguous.
Provide three logically possible directions of causality, indicating for each direction whether it is a reasonable explanation for the correlation based on the variables involved. Explain why?
Answer:
Step-by-step explanation:
What are the zeroes of the polynomial x(x²+4x-12)
Answer:
x= 0, 2, -6
Hope this helps!
Please answer this correctly
Answer: 207^2 + 9km^2 = 216km^2
Step-by-step explanation:
(my explanation is wrong)
All you want to do is break this figure up into rectangles and triangles.
I see 3 rectangles and 1 triangle.
Three Rectangles:
The bottom one has the dimension of 5 and 20. 5 x 20 = 100 km^2
The middle one has the dimensions of 5+4 and 7. 9 x 7 = 63 km^2
The top one has the dimensions of 4 and 11. 4 x 11 = 44 km^2
Add them all up to get 207km^2
One Triangle:
We can see at the bottom rectangle that the left side is 5 and the right side is 3 + x. X being our missing height of the triangle. The height equals 2.
The triangle now has the dimensions of 2 and 6. 2 x 6 = 12. Then divide by 2 to get 6 km^2
Answer:
216 km²
Step-by-step explanation:
To solve this, you have to divide the figure into different parts. I divided the parts up into four sections. I will work on the parts in numerical order.
1. At the top of the rectangle, it is marked 4 km. On the left side, it is marked 11 km. This is the length and width.
A = lw
A = 11 × 4
A = 44 km²
2. On the left side of this rectangle, it is marked 7 km. At the top it is marked 5 km, but there is a portion that does not have a measurement (the part with a different color than the rest. Because this line is also part of rectangle 1, we know that the line is 4 km. Adding up the two numbers gives you 9 km.
4 + 5 = 9
A = lw
A = 7 × 9
A = 63 km²
3. On the left side, it is marked 5 km. On the bottom, it is marked 20 km.
A = lw
A = 20 × 5
A = 100 km²
4. This is one is a bit more tricky. This is a triangle, so we have to find the base and the height. The base is 6 km. You have to figure the height. Look at the picture with the red lines.
The red line on the right side has a length of 17 + 3 + x = 20 + x. The length is 20 + x because there is a portion of the line that is missing.
The red lines on the left side have a length of 5 + 7 + 11 = 23. The two side should be equal so
23 = 20 + x
x = 3
Now, you have the height. Use the equation for area of a triangle to solve.
A = 1/2bh
A = 1/2(3)(6)
A = 1/2(18)
A = 9 km²
Now you have to add up all the areas to find the total area.
44 km² + 63 km² + 100 km² + 9 km² = 216 km²
A retail company estimates that if it spends x thousands of dollars on advertising during the year, it will realize a profit of P ( x ) dollars, where P ( x ) = − 0.5 x 2 + 120 x + 2000 , where 0 ≤ x ≤ 187 . a . What is the company's marginal profit at the $ 100000 and $ 140000 advertising levels? P ' ( 100 ) = P ' ( 140 ) = b . What advertising expenditure would you recommend to this company? $
Answer:
Step-by-step explanation:
If the profit realized by the company is modelled by the equation
P (x) = −0.5x² + 120x + 2000, marginal profit occurs at dP/dx = 0
dP/dx = -x+120
P'(x) = -x+120
Company's marginal profit at the $100,000 advertising level will be expressed as;
P '(100) = -100+120
P'(100) = 20
Marginal profit at the $100,000 advertising level is $20,000
Company's marginal profit at the $140,000 advertising level will be expressed as;
P '(140) = -140+120
P'(140) = -20
Marginal profit at the $140,000 advertising level is $-20,000
Based on the marginal profit at both advertising level, I will recommend the advertising expenditure when profit between $0 and $119 is made. At any marginal profit from $120 and above, it is not advisable for the company to advertise because they will fall into a negative marginal profit which is invariably a loss.
Two fair coins are flipped at the same time What is the probability that both display tails?
1/8
1/4
1/3
1/2
Answer:
Step-by-step explanation:
Your answer would be 1/2.
Because they are 2 coins and each have a probability of landing on tails.
The probability that both display tails are 1/2.
We have given that,
Two fair coins are flipped at the same time
We have to determine the, what is the probability that both display tails.
What is the probability?
Probability is the branch of mathematics concerning numerical descriptions of how likely an event is to occur, or how likely it is that a proposition is true. The probability of an event is a number between 0 and 1, where, roughly speaking, 0 indicates the impossibility of the event and 1 indicates certainty.
Because they are 2 coins and each has a probability of landing on tails.
To learn more about the probability visit:
https://brainly.com/question/25870256
#SPJ2
What’s the correct answer for this question?
Answer:
B.
Step-by-step explanation:
The cottage inside the pen is a shape of a cylinder.
Answer:
Cylinder
As u can see the shape it's like a cylinder
Data on U.S, Work-Related fatalities by cause follow (The World Almanac,2012)Cause of Fatality Number of Fatalities Transportation Incidents 1795 Assaults and violent acts 837 Contacts with objects and equipment 741 Falls 645 Exposure to harmful substances 404 Fires and explosions 113 Assume that a fatality will be randomly chosen from this population. a. What is the probability the fatality resulted froma fall? b. What is the probability the fatality resulted from a transporation incident? c. What cause of fatality is least likely to occur? What is th probability the fatality resulted from this cause?
Answer:
a) Probability the fatality resulted from a fall = 0.1422
b) Probability the fatality resulted from a transportation incident = 0.3958
c(i) The cause of fatality that is least likely to occur is fatality due to fires and explosions with the lowest number of fatalities, 113.
c(ii) Probability that the fatality resulted from fires and explosions = 0.0249
Step-by-step explanation:
Data on U.S, Work-Related fatalities by cause follow (The World Almanac, 2012)
Cause of Fatality | Number of Fatalities Transportation Incidents | 1795
Assaults and violent acts | 837
Contacts with objects and equipment | 741
Falls | 645
Exposure to harmful substances | 404
Fires and explosions | 113
Total number of fatalities = 1795+837+741+645+404+113 = 4,535
Assume that a fatality will be randomly chosen from this population.
a. What is the probability the fatality resulted from a fall?
The probabilty of an event is given mathematically as the number of elements in that event divided by the Total number of elements in the sample space.
P(E) = n(E) ÷ n(S)
Probability the fatality resulted from a fall = (645/4535) = 0.14223 = 0.1422
b. What is the probability the fatality resulted from a transportation incident?
Probability the fatality resulted from a transportation incident = (1795/4535) = 0.39581 = 0.3958
c(i) What cause of fatality is least likely to occur?
The cause of fatality that is least likely to occur is the cause of fatality with the lowest frequency or number of fatalities. And this is fatality due to fires and explosions with the lowest fatalities of 113
c(ii). What is the probability the fatality resulted from this cause?
This is the probability that the fatality resulted from fires and explosions.
Probability that the fatality resulted from fires and explosions = (113/4535) = 0.02492 = 0.0249
Hope this Helps!!!
What is the value of k?
k=
8
m
o
4
k
N
M
Answer: It’s 2
Step-by-step explanation:
look at picture
Please answer this correctly
Answer:
1 flowers
Step-by-step explanation:
The graph shows that only one flower received more than [tex]4\frac{1}{2}[/tex] cups of water and that is the plant that received 5 cups of water.
1 flower
Step-by-step explanation:
the question asks for flowers above the 4 1/2 mark and only 1 flower is there.
Solving an Equation Using Algebra Tiles
Arrange the tiles on both boards to find the value of x.
What is the value for x when solving the equation
-x+ (-1) = 3x + (-5) using algebra tiles?
O x= -1
O x= 1
OX= 2
O x=3
Board sum: (-x) + (-1) = 3x + (-5)
Reset
The tiles are ready for moving
Done
Intro
Answer:
[tex]\boxed{ \ x = 1 \ }[/tex]
Step-by-step explanation:
hi,
-x+(-1)=3x+(-5)
<=>
-x-1=3x-5
<=>
3x+x = -1+5 = 4
<=>
4x=4
<=>
x=1
thanks
The value of x when solving the equation -x+ (-1) = 3x + (-5) is 1
Algebraic expression:Algebraic expression is a union of terms by the operations such as addition, subtraction, multiplication, division, etc
-x + (-1) = 3x + (-5)
The value of x can be found as follows:
-x + (-1) = 3x + (-5)
Let's open the parenthesis, Therefore,
-x - 1 = 3x - 5
-x - 3x = -5 + 1
-4x = -4
divide both sides by -4
-4x / -4 = -4 / -4
x = 1
learn more on algebra here: https://brainly.com/question/22817831?referrer=searchResults
The highest rated of the four European cities under consideration: This can be done by multiplying factor and importance and summing for each city. A: 8050: Highest rating B: 6450 C: 7150 D: 7950
Answer:
The question is not complete, as the table containing the data is missing, but I found a matching table that can be used to answer the question.
The Question is:
Which is the highest rated, of the four European cities under consideration, using the table.
The correct answer is: City A is the highest rated European city.
Step-by-step explanation:
The highest rated European city can be found by multiplying the factor and the importance of the factors, and summing up their final values. the cty with the highest number is the one with the highest rated city. Having this in mind, let us calculate the ratings for each of the cities as follows:
City A:
(70 × 20) + (80 × 20) + (100 × 20) + (80 × 10) + (90 × 10) + (65 × 10) + (70 × 10) = 1400 + 1600 + 2000 + 800 + 900 + 650 + 700 = 8050
City B:
(70 × 20) + (60 × 20) + (50 × 20) + (90 × 10) + (60 × 10) + (75 × 10) + (60 × 10) = 1400 + 1200 + 1000 + 900 + 600 + 750 + 600 = 6450
City C:
(60 × 20) + (90 × 20) + (75 × 20) + (65 × 10) + (50 × 10) + (85 × 10) + (65 × 10) = 1200 + 1800 + 1500 + 650 + 500 + 850 + 650 = 7150
City D:
(90 × 20) + (75 × 20) + (90 × 20) + (65 × 10) + (70 × 10) + (70 × 10) + (80 × 10) = 1800 + 1500 + 1800 + 650 + 700 + 700 + 800 =7950
Therefore, from the ratings computed above, City A with a rating of 8050, is the highest rated, while City B with a rating of 6450, is the lowest rated.
Suppose f '' is continuous on (−[infinity], [infinity]). (a) If f '(−5) = 0 and f ''(−5) = −1, what can you say about f ? At x = −5, f has a local maximum. At x = −5, f has a local minimum. At x = −5, f has neither a maximum nor a minimum. More information is needed to determine if f has a maximum or minimum at x = −5. (b) If f '(1) = 0 and f ''(1) = 0, what can you say about f ? At x = 1, f has a local maximum. At x = 1, f has a local minimum. At x = 1, f has neither a maximum nor a minimum. More information is needed to determine if f has a maximum or minimum at x = 1.
Answer:
Step-by-step explanation:
a) The first derivative helps considering f decreases or increases. Also, when f'(x) = 0, the function gets local max/min depends on how it acts.
The second derivative helps determining the concave up/down.
At x = -5, f"(-5) = -1 <0 That means the function f have concave down. Also, it shows f increases before -5 and decreases after -5.
Hence f'(-5) = 0 shows f gets maximum at -5.
b) At the point where f" =0, the function has a reflecting point and we need more information to determine if f has a local max/min there.
Using concepts of critical points, it is found that:
a) At x = −5, f has a local maximum.
b) At x = 1, f has neither a maximum nor a minimum.
-----------------------
A critical value of a function f(x) is a value of [tex]x^{\ast}[/tex] for which: [tex]f^{\prime}(x^{\ast}) = 0[/tex].
The second derivative test is also applied:
If [tex]f^{\prime\prime}(x^{\ast}) > 0[/tex], [tex]x^{\ast}[/tex] is a minimum point.If [tex]f^{\prime\prime}(x^{\ast}) < 0[/tex], [tex]x^{\ast}[/tex] is a maximum point.If [tex]f^{\prime\prime}(x^{\ast}) = 0[/tex], [tex]x^{\ast}[/tex] is neither a maximum nor a minimum point.Item a:
[tex]f^{\prime}(-5) = 0, f^{\prime\prime}(-5) = -1[/tex], thus, a maximum point, and the correct option is:At x = −5, f has a local maximum.
Item b:
[tex]f^{\prime}(1) = 0, f^{\prime\prime}(1) = 0[/tex], thus, neither a maximum nor a minimum point, and the correct option is:At x = 1, f has neither a maximum nor a minimum.
A similar problem is given at https://brainly.com/question/16944025
There are 15 marbles in a bag; 10 are blue, 4 are red and 1 is green. Marbles are drawn and NOT replaced 8 times, with the number of red marbles being recorded. What is the probability of getting exactly 3 red marbles? (Write as a percentage, correct to two decimals. eg: 12.34%)
Answer: There is a 0.88% chance of pulling three red marbles in a row.
Step-by-step explanation:
First pull = 4/15 (26.67%)
second pull = 3/14 (21.43%)
Third pull = 2/13 (15.38%)
You need to multiply these three fractions to get the probability of pulling three reds in a row, doing that will get you 4/455 or 0.88%
List the important features for the graph of a quadratic function.
Answer:
VertexMinimum PointMaximum PointRootsAxis of SymmetryStep-by-step explanation:
The bottom (or top) of the U is called the vertex, or the turning point. The vertex of a parabola opening upward is also called the minimum point. The vertex of a parabola opening downward is also called the maximum point.
The x-intercepts are called the roots, or the zeros. To find the x-intercepts, set ax^2 + bx + c = 0.
The parabola is symmetric (a mirror image) about a vertical line drawn through its vertex (turning point). This line is called the axis of symmetry.
If possible, please mark brainliest
The quadratic function can be expressed in the form of vertex form and the parabola is symmetric about the line which is passing through focus.
What is a quadratic equation?The quadratic equation is given as ax² + bx + c = 0. Then the degree of the equation will be 2.
The important features for the graph of a quadratic function will be
The parabola is symmetric about the line which is passing through focus.
The quadratic function can be expressed in the form of vertex form.
Let the point (h, k) be the vertex of the parabola and a be the leading coefficient.
Then the equation of the parabola will be given as,
y = a(x - h)² + k
More about the quadratic equation link is given below.
https://brainly.com/question/2263981
#SPJ2
Any help would be great
Answer:
2/3
Step-by-step explanation:
[tex]\dfrac{12}{18}= \\\\\\\dfrac{6\times 2}{6\times 3}= \\\\\\\dfrac{2}{3}[/tex]
Hope this helps!
Answer:
[tex]\frac{2}{3}[/tex]
Step-by-step explanation:
[tex]\frac{12}{18}=\frac{x}{3}[/tex]
[tex]18x=12 \times 3[/tex]
[tex]18x=36[/tex]
[tex]\frac{18x}{18y} =\frac{36}{18}[/tex]
[tex]x=2[/tex]
[tex]=\frac{2}{3}[/tex]
Die A has 4 red faces and 2 black faces. Die B has 2 red faces and 4 black faces. A coin is flipped once. If it were heads, only die A is used (die B is discarded). If it were tails, only die B is used (die A is discarded). We do not get to know which die was chosen.
a) The first roll of the chosen die gives red. What is the probability that the second roll (with the same die) will be red?
b) The first two rolls of the die were both red. What is the probability that the third roll (with the same die) will be red?
Answer:
a) 5/9
b) 1/3
Step-by-step explanation:
a) P(Die A or Die B) = P(red and red with Die A) + P(red and red with Die B)
= 4/6 × 4/6 + 2/6×2/6
= 5/9
b) P(Die A or Die B) = P(red and red and red with Die A) + P(red and red and red with die B)
= 4/6×4/6×4/6 + 2/6×2/6×2/6
= 1/3
a cereal box is an example of a
Answer: recantagle
Step-by-step explanation:
Drivers who are members of the teamsters Union earn an average of $17.15 per hour (U.S. News & World Report). Assume that available data indicate wages are normally distributed with a standard deviation of $2.25. 1) What is the probability that wages are between $15.00 and $20.00 per hours?
Answer:
[tex]P(15<X<20)=P(\frac{15-\mu}{\sigma}<\frac{X-\mu}{\sigma}<\frac{20-\mu}{\sigma})=P(\frac{15-17.15}{2.25}<Z<\frac{20-17.15}{2.25})=P(-0.96<z<1.27)[/tex]
And we can find the probability with this difference and using the normal standard table:
[tex]P(-0.96<z<1.27)=P(z<1.27)-P(z<-0.96)= 0.898-0.169 = 0.729[/tex]
Step-by-step explanation:
Let X the random variable that represent the wages, and for this case we know the distribution for X is given by:
[tex]X \sim N(17.15,2.25)[/tex]
Where [tex]\mu=17.15[/tex] and [tex]\sigma=2.25[/tex]
We want to find this probability:
[tex]P(15<X<20)[/tex]
And we can use the z score formula given by:
[tex]z=\frac{x-\mu}{\sigma}[/tex]
Using this formula we have:
[tex]P(15<X<20)=P(\frac{15-\mu}{\sigma}<\frac{X-\mu}{\sigma}<\frac{20-\mu}{\sigma})=P(\frac{15-17.15}{2.25}<Z<\frac{20-17.15}{2.25})=P(-0.96<z<1.27)[/tex]
And we can find the probability with this difference and using the normal standard table:
[tex]P(-0.96<z<1.27)=P(z<1.27)-P(z<-0.96)= 0.898-0.169 = 0.729[/tex]
If a random sample of 53 students was asked for the number of semester hours they are taking this semester. The sample standard deviation was found to be s = 4.7 semester hours. How many more students should be included in the sample to be 99% sure that the sample mean x is within 1 semester hour of the population mean for all students at this college?
Answer:
94 more students should be included in the sample.
Step-by-step explanation:
We have that to find our [tex]\alpha[/tex] level, that is the subtraction of 1 by the confidence interval divided by 2. So:
[tex]\alpha = \frac{1-0.99}{2} = 0.005[/tex]
Now, we have to find z in the Ztable as such z has a pvalue of [tex]1-\alpha[/tex].
So it is z with a pvalue of [tex]1-0.005 = 0.995[/tex], so [tex]z = 2.575[/tex]
Now, find the margin of error M as such
[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]
In which [tex]\sigma[/tex] is the standard deviation of the population and n is the size of the sample.
How many students we need to sample to be 99% sure that the sample mean x is within 1 semester hour of the population mean?
We need to survey n students.
n is found when M = 1.
We have that [tex]\sigma = 4.7[/tex]
So
[tex]M = z*\frac{\sigma}{\sqrt{n}}[/tex]
[tex]1 = 2.575*\frac{4.7}{\sqrt{n}}[/tex]
[tex]\sqrt{n} = 2.575*4.7[/tex]
[tex](\sqrt{n})^{2} = (2.575*4.7)^{2}[/tex]
[tex]n = 146.47[/tex]
Rounding up
147 students need to be surveyed.
How many more students should be included...?
53 have already been surveyed
147 - 53 = 94
94 more students should be included in the sample.
The sum of two consecutive even integers is at most 400. The pair of integers with the greatest sum is 196 and 198.
Answer:
Step-by-step explanation: If the sum of two equal even numbers is 400, the numbers will be 200+200. Therefore the largest possible consecutive even numbers which have a sum of 400 or less are 198 and 200 which have a sum of 398.
i guss this would be helpful :]
Answer:
Step-by-step explanation:
Which figure has two bases and one lateral face that is rectangular? cone cylinder rectangular prism rectangular pyramid
Answer: Cylinder
Step-by-step explanation:
Two bases first: that rules out cone and rectangular pyramid.
One lateral face: the only one with that is cylinder.
Hope that helped,
-sirswagger21
The figure which has two bases and one lateral face that is rectangular is, ''Cylinder.''
What is mean by Triangle?Any triangle is a three sided polygon, which has three vertices and three angles which has the sum 180 degrees.
Given that;
The shape have two bases and one lateral face that is rectangular.
We know that;
In a Cylinder,
It is a three-dimensional solid that contains two parallel bases connected by a curved surface.
And, The bases are usually circular in shape. The perpendicular distance between the bases is denoted as the height “h” of the cylinder and “r” is the radius of the cylinder.
Thus, The figure which has two bases and one lateral face that is rectangular is, ''Cylinder.''
Learn more about the triangle visit;
brainly.com/question/1058720
#SPJ6
Can someone help me with this I’m sorry I really just don’t know
Answer:
15
Step-by-step explanation:
Because the two triangles are similar:
[tex]\dfrac{LN}{30}=\dfrac{6}{30-18} \\\\\\\dfrac{LN}{30}=\dfrac{6}{12} \\\\\\LN=30\cdot \dfrac{1}{2}=15[/tex]
Hope this helps!
HELP! the function f(x)=200/x+10 models the cost per student of a field trip when x students go on the trip. how is the parent function f(x)=1/x transformed to create the function f(x)=200/x+10
Answer:
stretch of 200 shift up 10 units
Step-by-step explanation:
f(x)=1/x to 200/x+10
Multiply by 200 means a stretch of 200
f(x) = 200/x
Now shift up 10 units
f(x) = 200/x + 10
Answer:
It moves up 10 units
Step-by-step explanation:
f(x) =1/x to 200/x + 10
= 200/x
If we shift up 10 units, we get:
f(x) = 200/x + 10
Hope this helps!
A hospital claims that the proportion, , of full-term babies born in their hospital that weigh more than pounds is . In a random sample of babies born in this hospital, weighed over pounds. Is there enough evidence to reject the hospital's claim at the
Complete question is:
A hospital claims that the proportion, p, of full-term babies born in their hospital that weigh more than 7 pounds is 36%. In a random sample of 170 babies born in this hospital, 56 weighed over 7 pounds. Is there enough evidence to reject the hospital's claim at the level of significance?
Answer:
Yes, there is enough evidence to reject the claim.
Step-by-step explanation:
We are given;
n = 170
x = 56
So, will use one sample proportion test to solve this.
p^ = x/n
p^ = 56/170
p^ = 0.3294
Since the proportion, p, of full-term babies born in their hospital that weigh more than 7 pounds is 36%.
Thus;
Null Hypothesis H0: p ≠ 0.36
Alternative Hypothesis Ha: p = 0.36
Formula for test statistic = (p^ - p)/√(p(1 - p)/n)
This gives;
Test statistic = (0.3294 - 0.36)/√(0.36(1 - 0.36)/170)
Test statistic = -0.8311
From z-table and online z-calculator, the p - value is 0.203.
level of significance is; α = 0.05
Now, Since the p value < α, we reject the null hypothesis .
Thus, the claim is true
5/2 = 11/x
What is x
Answer:
X=22/5
Step-by-step explanation:
By cross multiplication
5/2 =11/x
5x = 2(11)
5x =22
X=22/5
Hope this helps..
Age (years) Population Under 15 2600 15 - 64 16000 Over 64 4000 Calculate the child dependency ratio from the chart above. Round to 3 decimals places.
Answer:
16.25%
=0.163 (correct to 3 decimal places)
Step-by-step explanation:
The child dependency ratio of a population is defined as the number of children (Under 15 years) divided by the working-age population (15–64 years old).
[tex]\mathrm{ Child}\;\mathrm{ dependency}\;\mathrm{ ratio}=\dfrac{{\mathrm{ Population}\,\left( \text{Under 15} \right)}}{{\mathrm{ Population}\,\left( {15-64} \right)}}\times 100[/tex]
From the given table:
Population Under 15 years = 2600
Population of the working class (between 15-64) = 16000
Therefore:
[tex]\mathrm{ Child}\;\mathrm{ dependency}\;\mathrm{ ratio}=\dfrac{2600}{16000}\times 100\\\\=16.25\%[/tex]
=0.163 (correct to 3 decimal places)
nu
a. Write the equation of a line through the points (-4,- 10) and (8,5) in slope-intercept form.
b. Write the equation in standard form Ax+By = C, where A, B, and C are integers and A>0.
ents
Thoquution
Answer:
5x - 4y = 20
Step-by-step explanation:
First find slope
(5- -10)/(8- -4) = 15/12 = 5/4
(y - 5) = 5/4 (x - 8), multiply everything by 4 so you don't have fractions
4y - 20 = 5x - 40
5x - 4y = 20
Suppose a consumer group suspects that the proportion of households that have three cell phones NOT known to be 30%. A cell phone company has reason to believe that the proportion is 30%. Before they start a big advertising campaign, they conduct a 99% CL hypothesis test. Their marketing people survey 150 households with the result that 43 of the households have three cell phones.
Required:
a. Is the actual percentage of households different from 30%?
b. Set up the hypothesis test.
c. What is the success for this problem?
d. Calculate the p-value.
e. Draw conclusion.
Answer:
We conclude that the actual percentage of households is equal to 30%.
Step-by-step explanation:
We are given that a consumer group suspects that the proportion of households that have three cell phones NOT known to be 30%.
Their marketing people survey 150 households with the result that 43 of the households have three cell phones.
Let p = proportion of households that have three cell phones NOT known.
So, Null Hypothesis, [tex]H_0[/tex] : p = 30% {means that the actual percentage of households is equal to 30%}
Alternate Hypothesis, [tex]H_A[/tex] : p [tex]\neq[/tex] 30% {means that the actual percentage of households different from 30%}
The test statistics that would be used here One-sample z-test for proportions;
T.S. = [tex]\frac{\hat p-p}{\sqrt{\frac{p(1-p)}{n} } }[/tex] ~ N(0,1)
where, [tex]\hat p[/tex] = sample proportion of households having three cell phones = [tex]\frac{43}{150}[/tex] = 0.29
n = sample of households = 150
So, the test statistics = [tex]\frac{0.29-0.30}{\sqrt{\frac{0.30(1-0.30)}{150} } }[/tex]
= -0.27
The value of z test statistic is -0.27.
Also, P-value of the test statistics is given by;
P-value = P(Z < -0.27) = 1 - P(Z [tex]\leq[/tex] 0.27)
= 1 - 0.6064 = 0.3936
Now, at 1% significance level the z table gives critical value of -2.58 and 2.58 for two-tailed test.
Since our test statistic lies within the range of critical values of z, so we have insufficient evidence to reject our null hypothesis as it will not fall in the rejection region due to which we fail to reject our null hypothesis.
Therefore, we conclude that the actual percentage of households is equal to 30%.
1/4+3/8+1/2+5/8+7/8
Answer: 1/4+3/8+1/2+5/8+7/8
= 21/8
Hope this helps :)))
Answer:
21/8
Step-by-step explanation:
The total claim amount for a health insurance policy follows a distribution with density function 1 ( /1000) ( ) 1000 x fx e− = , x > 0. The premium for the policy is set at the expected total claim amount plus 100. If 100 policies are sold, calculate the approximate probability that the insurance company will have claims exceeding the premiums collected.
Answer:
the approximate probability that the insurance company will have claims exceeding the premiums collected is [tex]\mathbf{P(X>1100n) = 0.158655}[/tex]
Step-by-step explanation:
The probability of the density function of the total claim amount for the health insurance policy is given as :
[tex]f_x(x) = \dfrac{1}{1000}e^{\frac{-x}{1000}}, \ x> 0[/tex]
Thus, the expected total claim amount [tex]\mu[/tex] = 1000
The variance of the total claim amount [tex]\sigma ^2 = 1000^2[/tex]
However; the premium for the policy is set at the expected total claim amount plus 100. i.e (1000+100) = 1100
To determine the approximate probability that the insurance company will have claims exceeding the premiums collected if 100 policies are sold; we have :
P(X > 1100 n )
where n = numbers of premium sold
[tex]P (X> 1100n) = P (\dfrac{X - n \mu}{\sqrt{n \sigma ^2 }}> \dfrac{1100n - n \mu }{\sqrt{n \sigma^2}})[/tex]
[tex]P(X>1100n) = P(Z> \dfrac{\sqrt{n}(1100-1000}{1000})[/tex]
[tex]P(X>1100n) = P(Z> \dfrac{10*100}{1000})[/tex]
[tex]P(X>1100n) = P(Z> 1) \\ \\ P(X>1100n) = 1-P ( Z \leq 1) \\ \\ P(X>1100n) =1- 0.841345[/tex]
[tex]\mathbf{P(X>1100n) = 0.158655}[/tex]
Therefore: the approximate probability that the insurance company will have claims exceeding the premiums collected is [tex]\mathbf{P(X>1100n) = 0.158655}[/tex]
