Answer:
92.10% probability that a sheet selected at random from the population is between 29.75 and 30.5 inches long.
Step-by-step explanation:
Problems of normally distributed samples can be solved using 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 problem, we have that:
[tex]\mu = 30.05, \sigma = 0.2[/tex]
What is the probability that a sheet selected at random from the population is between 29.75 and 30.5 inches long?
This is the pvalue of Z when X = 30.5 subtracted by the pvalue of Z when X = 29.75
X = 30.5
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{30.5 - 30.05}{0.2}[/tex]
[tex]Z = 2.25[/tex]
[tex]Z = 2.25[/tex] has a pvalue of 0.9878
X = 29.75
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{29.75 - 30.05}{0.2}[/tex]
[tex]Z = -1.5[/tex]
[tex]Z = -1.5[/tex] has a pvalue of 0.0668
So there is a 0.9878 - 0.0668 = 0.9210 = 92.10% probability that a sheet selected at random from the population is between 29.75 and 30.5 inches long.
Tristan and Iseult play a game where they roll a pair of dice alternatingly until Tristan wins by rolling a sum 9 or Iseult wins by rolling a sum of 6.
If Tristan rolled the dice first, what is the probability that Tristan wins?
Answer:
If Tristan rolled the dice first the probability that Tristan wins is 0.474.
Step-by-step explanation:
The probability of an event E is computed using the formula:
[tex]P(E)=\frac{Favorable\ otucomes}{Total\ outcomes}[/tex]
Given:
Tristan and Iseult play a game where they roll a pair of dice alternatively until Tristan wins by rolling a sum 9 or Iseult wins by rolling a sum of 6.
The sample space of rolling a pair of dice consists of a total of 36 outcomes.
The favorable outcomes for Tristan winning is:
S (Tristan) = {(3, 6), (4, 5), (5, 4) and (6, 3)} = 4 outcomes
The favorable outcomes for Iseult winning is:
S (Iseult) = {(1, 5), (2, 4), (3, 3), (4, 2) and (5, 1)} = 5 outcomes
Compute the probability that Tristan wins as follows:
[tex]P(E)=\frac{Favorable\ otucomes}{Total\ outcomes}\\ P(Tristan\ wins)=\frac{4}{36}\\P(T)=\frac{1}{9} \\\approx0.1111[/tex]
Compute the probability that Iseult wins as follows:
[tex]P(E)=\frac{Favorable\ otucomes}{Total\ outcomes}\\ P(Iseult\ wins)=\frac{4}{36}\\P(I)=\frac{1}{9} \\\approx0.1111[/tex]
If Tristan plays first, then the probability that Tristan wins is:
= P(T) + P(T')P(I')P(T) + P(T')P(I')P(T')P(I')P(T)+...
=P(T) + [(1-P(T))(1-P(I))P(T)]+[(1-P(T))(1-P(I))(1-P(T))(1-P(I))P(T)]+...
[tex]=0.1111+(0.8889\times0.8611\times0.1111)+(0.8889\times0.8611\times0.8889\times0.8611\times0.1111))+...\\=0.1111[1+(0.8889\times0.8611)+(0.8889\times0.8611)^{2}+...]\\[/tex]This is an infinite geometric series.
The first term is, a = 0.1111 and the common ratio is, r = (0.8889×0.8611).
The sum of infinite geometric series is:
[tex]S_{\infty}=\frac{a}{1-r}\\ =\frac{0.1111}{1-(0.8889\times0.8611}\\ =0.47364\\\approx0.474[/tex]
Thus, the probability that Tristan wins if he rolled the die first is 0.474.
Suppose we pick three people at random. For each of the 2.32 The following questions, ignore the special case where someone might be born on February 29th, and assume that births are evenly distributed throughout the year.(a) What is the probability that the first two people share a birthday?(b) What is the probability that at least two people share a birthday?
Answer:
(a) 1 in 365 or 0.2740%
(b) 0.8227%
Step-by-step explanation:
(a) For any given birthday date of the first person, there is a 1 in 365 chance that the second person shares the same birthday, therefore the probability that the first two people share a birthday is:
[tex]P = \frac{1}{365}=0.2740\%[/tex]
(b) There are four possibilities that at least two people share a birthday, first and second, first and third, second and third, all three share a birthday. Therefore, the probability that at least two people share a birthday is:
[tex]P =3* \frac{1}{365}+ (\frac{1}{365})^2\\ P=0.8227\%[/tex]
a) The probability that the first two people share a birthday is approximately 0.0027. b) The probability that at least two people share a birthday is approximately 0.9901.
let's solve each part step by step:
a) Probability that the first two people share a birthday:To calculate this probability, we can consider the scenario where the first person is born on any day of the year (365 possibilities) and the second person must share the same birthday. So, the probability that the second person shares the same birthday as the first is 1/365.
Therefore, the probability that the first two people share a birthday is [tex]\( \frac{1}{365} \).[/tex]
b) Probability that at least two people share a birthday:To find this probability, we can use the complement rule: the probability of the event happening is 1 minus the probability of the event not happening.
The probability that no two people share a birthday can be found by considering the birthday of each person and ensuring that they all have different birthdays. For the first person, any of the 365 days is possible. For the second person, there are 364 days remaining. For the third person, there are 363 days remaining. So, the probability that no two people share a birthday is:
[tex]\[ \frac{365}{365} \times \frac{364}{365} \times \frac{363}{365} \][/tex]
To find the probability that at least two people share a birthday, we subtract this probability from 1:
[tex]\[ 1 - \left( \frac{365}{365} \times \frac{364}{365} \times \frac{363}{365} \right) \][/tex]
[tex]\[ = 1 - \frac{365 \times 364 \times 363}{365^3} \][/tex]
[tex]\[ \approx 1 - \frac{479,664,580}{48,627,125} \][/tex]
[tex]\[ \approx 1 - 0.009882 \][/tex]
[tex]\[ \approx 0.990118 \][/tex]
So, the probability that at least two people share a birthday is approximately ( 0.990118 ).
Please help! I dont know how to figure this out.
Answer: the third option is the correct answer.
Step-by-step explanation:
Looking at the line plot,
There are 3 bags of oranges that weigh 3 7/8 pounds each. Converting 3 7/8 to improper fraction, it becomes 31/8 pounds. Therefore, the weight of the three bags would be
3 × 31/8 = 93/8 pounds
There are 2 bags of oranges that weigh 4 pounds each. Therefore, the weight of the four bags would be
2 × 4 = 8 pounds
There are 3 bags of oranges that weigh 4 1/8 pounds each. Converting 4 1/8 to improper fraction, it becomes 33/8 pounds. Therefore, the weight of the three bags would be
3 × 33/8 = 99/8 pounds
There are 2 bags of oranges that weigh 4 2/8 pounds each. Converting 4 2/8 to improper fraction, it becomes 34/8 pounds. Therefore, the weight of the three bags would be
2 × 34/8 = 68/8
Therefore, the total number of oranges would be
93/8 + 33/8 + 4 + 102/8 = (93 + 64 + 99 + 68)/8 = 324/8 = 40 1/2 pounds
Find the instantaneous rate of change for the function at the given value. f (x )equals x squared plus 3 x at xequalsnegative 3 The instantaneous rate of change at xequalsnegative 3 is nothing.
Answer:
the instantaneous rate of change of f(x) at x=(-3) is f'(x=(-3))= (-3)
Step-by-step explanation:
for f(x)=x²+3*x
the rate of change of f(x) is
f'(x)=df(x)/dx = 2x + 3
since the derivative of x² is 2x and the derivative of 3*x is 3.
Then at x=(-3)
f'(x=(-3))= 2*(-3) +3 = (-3)
then the instantaneous rate of change of f(x) at x=(-3) is f'(x=(-3))= (-3)
When the General Social Survey asked subjects of age 18-25 in 2004 how many people they were in contact with at least once a year, the responses had the following summary statistics: mean: 20.2 mode: 10 standard deviation: 28.7 minimum: 0 Q1: 5 median: 10 Q3: 25 maximum: 300
Answer:
They are in contact with 20 people at least once in a year.
Step-by-step explanation:
We are given the basic summary statistics:
Mean = 20.2
Mode = 10
Median = 10
Standard deviation = 28.7
1st quartile = 5
3rd quartile = 25
Minimum = 0
Maximum = 300.
Out of all these statistics, we know that the median is the middle value or mid-value. Thus, by formula, we have that:
median = n/2. Thus,
==> 10 = n/2
==> n = 2*10 = 20
NB: From the distribution of the summary statistics, we can clearly see that there is evidence of outlier in the series. Thus, median is the most appropriate statistic (because is not affected by outlier) to give a true picture of the data series or sets.
A circle's radius that has an initial radius of 0 cm is increasing at a constant rate of 5 cm per second. a. Write a formula to expresses the radius of the circle, r (in cm), in terms of the number of seconds, t since the circle started growing. Preview b. Write a formula to express the area of the circle, A (in square cm), in terms of the circle's radius, r (in cm). A = Preview c. Write a formula to expresses the circle's area, A (in square cm), in terms of the number of seconds, t, since the circle started growing. A = Preview d. Write your answer to part (c) in expanded form - so that your answer does not contain parentheses.
Answer:
a. r = 5t
b. [tex]A = \pi r^2[/tex]
c. [tex]A = \pi (5t)^2[/tex]
d. [tex]A = 25\pi t^2[/tex]
Step-by-step explanation:
a. Since the radius is increasing at a constant rate of 5 cm per second.
r = 5t
where r is the radius at time t (seconds)
b. Area of circle [tex]A = \pi r^2[/tex]
c. We can substitute r = 5t into the area formula to have
[tex]A = \pi r^2 = \pi (5t)^2[/tex]
d. In expand form
[tex]A = \pi (5t)^2 = 25\pi t^2[/tex]
a. The expression is R = 5t
b. The area of the circle in terms of R is A = πR²
c. The area of the circle in terms of t is A = π(5t)²
d. The area of the circle in terms of t in the expanded form is A = 25π×t²
Linear systemIt is a system of an equation in which the highest power of the variable is always 1. A one-dimension figure that has no width. It is a combination of infinite points side by side.
CircleIt is a locus of a point drawn at an equidistant from the center. The distance from the center to the circumference is called the radius of the circle.
Given
R = 5t where R is the radius, and t be the time.
Thus, the answer will be
a. The expression will be
R = 5t
b. The area of the circle in terms of R will be
Area = πR²
c. The area of the circle in terms of t will be
Area = πR²
Area = π(5t)²
d. The area of the circle in terms of t in the expanded form will be
Area = πR²
Area = π(5t)²
Area = 25π×t²
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Seventy percent of all vehicles examined at a certain emissions inspection station pass the inspection. Assuming that successive vehicles pass or fail independently of one another, calculate the following probabilities. (Enter your answers to three decimal places.) (a) P(all of the next three vehicles inspected pass) (b) P(at least one of the next three inspected fails) (c) P(exactly one of the next three inspected passes)
Based on the given information the required probabilities are as follows:
(a) Probability that all of the next three vehicles pass: 0.343
(b) Probability that at least one of the next three vehicles fails: 0.657
Given that,
70% of all vehicles examined at a certain emissions inspection station pass the inspection.
Successive vehicles pass or fail independently of one another.
(a) To find the probability that all three vehicles pass,
Multiply the individual probabilities.
Given that 70% of vehicles pass,
The probability that a single vehicle passes is 0.7.
So, the probability that all three vehicles pass is 0.7³ = 0.343.
(b) To find the probability that at least one of the next three vehicles fails, We can find the complement probability and subtract it from 1.
The complement probability is the probability that all three vehicles pass, which we calculated in the previous part.
So, the probability that at least one vehicle fails is 1 - 0.343 = 0.657.
(c) To find the probability that exactly one of the next three vehicles passes,
Use the binomial probability formula:
[tex]P(X=k) = ^nC_k p^k (1-p)^{(n-k)}[/tex],
Where n is the number of trials,
k is the number of successes,
p is the probability of success, and
C(n,k) is the combination of n and k.
In this case,
n = 3,
k = 1,
p = 0.7
Plugging these values into the formula,
We get [tex]P(X=1) = ^3C_1\times 0.7 \times (1-0.7)^2[/tex]
P(X=1) = 3x0.7x0.3²
P(X=1) = 0.189
So, the probabilities are:
(a) P(all of the next three vehicles inspected pass) = 0.343
(b) P(at least one of the next three inspected fails) = 0.657
(c) P(exactly one of the next three inspected passes) = 0.189
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To calculate the probabilities, we use the binomial probability formula. The probability of all three vehicles passing is 0.343, the probability of at least one vehicle failing is 0.657, and the probability of exactly one vehicle passing is 0.189.
Explanation:To calculate the probabilities, we can use the binomial probability formula. Let's solve each part step by step:
(a) P(all of the next three vehicles inspected pass):
The probability of each vehicle passing is 70%, so the probability of all three passing is 0.7 x 0.7 x 0.7 = 0.343.
(b) P(at least one of the next three inspected fails):
The probability of a vehicle failing is 30%, so the probability of all three passing is 1 - (0.7 x 0.7 x 0.7) = 0.657.
(c) P(exactly one of the next three inspected passes):
There are three possible scenarios where exactly one vehicle passes: (Pass, Fail, Fail), (Fail, Pass, Fail), (Fail, Fail, Pass). The probability of each scenario is 0.7 x 0.3 x 0.3 = 0.063. Since there are three scenarios, the total probability is 0.063 x 3 = 0.189.
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The information for 2008 in millions in the table below was reported by the World Bank. On the basis of this information, which list below contains the correct ordering of real GDP per person from highest to lowest? Country GDP (Constant USS) GDP(Current USS) Population Germany 2,091 573 3,649,493 82.11 Japan 5,166,281 4910,839 127.70 U.S 11,513,872 14,093.309 304.06 A. Japan, Germany, United States B. Japan, United States, Germany C. Germany, United States, Japan D. Unied States, Japan. Germany
Answer:
Option D
Step-by-step explanation:
The current GDP is a true reflective of the actual GDP per person.
The average GDP per person is given as follows:
average GDP = [tex]\frac{Current GDP}{total population}[/tex]
For example, take Germany:
Amount in millions ( current GDP) = 3,649,493
Total population = 82 110 000
GDP per person = [tex]\frac{3649493}{82110000}[/tex]
= 0.044
The list in the descending order will be:
U.S
Japan
Germany
The correct ordering of real GDP per person is Japan, Germany, United States.
Explanation:The correct ordering of real GDP per person from highest to lowest based on the given information is Japan, Germany, United States (option B).
GDP per person is calculated by dividing the GDP (Constant USS) by the population. In this case, for 2008, the GDP per person for Japan is 5,166,281 / 127.70 = 40,442.37, for Germany is 2,091,573 / 82.11 = 25,467.29, and for the United States is 11,513,872 / 304.06 = 37,868.49.
Therefore, option A) Japan has the highest real GDP per person, followed by the United States, and then Germany.
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Bank of America's Consumer Spending Survey collected data on annualcredit card charges in seven different categories of expenditures:transportation, groceries, dining out, household expenses, homefurnishings, apparel, and entertainment (U.S. AirwaysAttache, December 2003). Using data from a sample of 42 creditcard accounts, assume that each account was used to identify theannual credit card charges for groceries (population 1) and theannual credit card charges for dining out (population 2). Using thedifference data, the sample mean difference was = $850, and the sample standard deviationwas sd = $1,123.
a.Formulate the null abd alternative hypothesis to test for no difference between the population mean credit card charges for groceries and the population mean credit card charges for dining out.
b.Use a .05 level of significance. Can you can conclude that the population mean differ? what is the p-value?
c. Which category, groceries or dining out, has a higher population mean annual credit card charge?What is the point estimate of the difference between the population means? What is the 95% confidence interval estimate of the difference between the population means?
Answer:
a) Null hypothesis: [tex]\mu_y- \mu_x = 0[/tex]
Alternative hypothesis: [tex]\mu_y -\mu_x \neq 0[/tex]
b) [tex]t=\frac{\bar d -0}{\frac{s_d}{\sqrt{n}}}=\frac{850 -0}{\frac{1123}{\sqrt{42}}}=4.905[/tex]
The next step is calculate the degrees of freedom given by:
[tex]df=n-1=42-1=41[/tex]
Now we can calculate the p value, since we have a two tailed test the p value is given by:
[tex]p_v =2*P(t_{(41)}>4.905) =7.6x10^{-6}[/tex]
So the p value is lower than any significance level given, so then we can conclude that we can to reject the null hypothesis that the difference between the two mean is equal to 0.
c) The confidence interval is given by:
[tex] \bar d \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex]
For this case we have a confidence of 1-0.05 = 0.95 so we need 0.05 of the area of the t distribution with 41 df on the tails. So we need 0.025 of the area on each tail, and the critical value would be:
[tex] t_{crit}= 2.02[/tex]
And if we find the interval we got:
[tex] 850- 2.02* \frac{1123}{\sqrt{42}}=499.96[/tex]
[tex] 850+ 2.02* \frac{1123}{\sqrt{42}}=1200.03[/tex]
We are confident 95% that the difference between the two means is between 499.96 and 1200.03
So we have enough evidence to conclude that one mean is higher than the other one, without conduct another hypothesis test because the confidence interval for the difference of means not contain the value of 0. And for this case the groceries would have a higher mean
Step-by-step explanation:
Previous concepts
A paired t-test is used to compare two population means where you have two samples in which observations in one sample can be paired with observations in the other sample. For example if we have Before-and-after observations (This problem) we can use it.
Part a
Let put some notation
x=test value for 1 , y = test value for 2
The system of hypothesis for this case are:
Null hypothesis: [tex]\mu_y- \mu_x = 0[/tex]
Alternative hypothesis: [tex]\mu_y -\mu_x \neq 0[/tex]
The first step is calculate the difference [tex]d_i=y_i-x_i[/tex] and we obtain this:
The second step is calculate the mean difference
[tex]\bar d= \frac{\sum_{i=1}^n d_i}{n}[/tex]
This value is given [tex] \bar d = 850[/tex]
The third step would be calculate the standard deviation for the differences.
This value is given also [tex] s_d = 1123[/tex]
Part b
The 4 step is calculate the statistic given by :
[tex]t=\frac{\bar d -0}{\frac{s_d}{\sqrt{n}}}=\frac{850 -0}{\frac{1123}{\sqrt{42}}}=4.905[/tex]
The next step is calculate the degrees of freedom given by:
[tex]df=n-1=42-1=41[/tex]
Now we can calculate the p value, since we have a two tailed test the p value is given by:
[tex]p_v =2*P(t_{(41)}>4.905) =7.6x10^{-6}[/tex]
So the p value is lower than any significance level given, so then we can conclude that we can to reject the null hypothesis that the difference between the two mean is equal to 0.
Part c
The confidence interval is given by:
[tex] \bar d \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex]
For this case we have a confidence of 1-0.05 = 0.95 so we need 0.05 of the area of the t distribution with 41 df on the tails. So we need 0.025 of the area on each tail, and the critical value would be:
[tex] t_{crit}= 2.02[/tex]
And if we find the interval we got:
[tex] 850- 2.02* \frac{1123}{\sqrt{42}}=499.96[/tex]
[tex] 850+ 2.02* \frac{1123}{\sqrt{42}}=1200.03[/tex]
We are confident 95% that the difference between the two means is between 499.96 and 1200.03
So we have enough evidence to conclude that one mean is higher than the other one, without conduct another hypothesis test because the confidence interval for the difference of means not contain the value of 0. And for this case the groceries would have a higher mean
Answer:
H_o : u_d = 0 , H_1 : u_d ≠ 0
H_o rejected , p < 0.01
[ 499.969 < d < 1200.301 ] , d = 850
Step-by-step explanation:
Given:
- Difference in mean d = 850
- Standard deviation s = 1123
- The sample size n = 42
- Significance level a = 0.05
Solution:
- Set up and Hypothesis for the difference in means test as follows:
H_o : Difference in mean u_d= 0
H_1 : Difference in mean u_d ≠ 0
- The t test statistics for hypothesis of matched samples is calculated by the following formula:
t = d / s*sqrt(n)
Hence,
t = 850 / 1123*sqrt(42)
t = 4.9053
Thus, the test statistics t = 4.9053.
- The p-value is the probability of obtaining the value of the test statistics or a value greater.
Using Table 2, of appendix B determine p with DOF = n - 1 = 42 - 1 = 41 , We get:
p < 2*0.05 ----> 0.01
Thus, p < 0.05 ....... Hence, H_o is rejected
- Set up and Hypothesis for the difference in means test as follows:
H_o : Difference in mean u_d =< 0
H_1 : Difference in mean u_d > 0
- The t test statistics for hypothesis of matched samples is calculated by te following formula:
t = d / s*sqrt(n)
Hence,
t = 850 / 1123*sqrt(42)
t = 4.9053
Thus, the test statistics t = 4.9053.
Using Table 2, of appendix B determine p with DOF = n - 1 = 42 - 1 = 41 , We get:
p < 0.005
Thus, p < 0.05 ....... Hence, H_o is rejected
Hence, the point estimate is d = $850
- The interval estimate of the difference between two population means is calculated by the following formula:
d +/- t_a/2*s / sqrt(n)
Where CI = 1 - a = 0.95 , a = 0.05 , a/2 = 0.025
Using Table 2, of appendix B determine p with DOF = n - 1 = 42 - 1 = 41 , We get:
t_a/2 = t_0.025 = 2.020
Therefore,
d - t_a/2*s / sqrt(n)
850 - 2.020*1123 / sqrt(20)
= 499.969
And,
d + t_a/2*s / sqrt(n)
850 + 2.020*1123 / sqrt(20)
= 1200.031
- The 95% CI of the difference between two population means is:
[ 499.969 < d < 1200.301 ]
Create a profile for an election with 4 candidates such that, for each of the 4 candidates, there is a positional voting method that selects that candidate as the unique winner.
Answer:
In the profile here, candidate A wins plurality, B wins anti plurality, C wins Borda count, and D wins vote-for-two.
Step-by-step explanation:
2 3 2 4 3
A A B C D
D C D D C
B B C B B
C D A A A
An election profile can be created where each of 4 candidates can win a unique voting method: For plurality where the most top ranked votes win, for Borda count where points are given based on positions, for a positional voting method where points awarded to lower place candidates changes, thereby awarding the win to different candidates.
Explanation:In the context of voting theory and social choice theory, we can create a profile for an election with 4 candidates (let's call them A, B, C and D) where each candidate can win based on different positional voting methods.
Consider this profile for the 20 voters:
6 voters prefer A > B > C > D5 voters prefer B > C > D > A5 voters prefer C > D > A > B4 voters prefer D > A > B > C
For plurality method (where the candidate ranked first by most voters wins), A would win with 6 votes. For Borda count method (where points are given based on ranks), Candidate B would gain the most points and win. For positional method where points are assigned 3 for 1st place, 2 for 2nd place, 1 for last two places, C would win. For positional method where points are assigned differently - 4 points for 1st position, 2 for 2nd, 1 for 3rd and 0 points for fourth, D wins. The unique winner for each method thus satisfies the given condition.
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How many three-digit phone prefixes that are used to represent a particular geographic area are possible that have no 0 or 1 in the first or second digits?
There are 640 possible three-digit phone prefixes that do not have 0 or 1 in the first or second digits.
The number of three-digit phone prefixes are possible that have no 0 or 1 in the first or second digits.
Since each digit in a phone number can be a number from 0-9, but the first two digits cannot be 0 or 1, we have 8 choices (2-9) for the first digit, 8 choices (2-9) for the second digit, and 10 choices (0-9) for the third digit because the third digit has no such restriction.
Therefore, the total number of possible phone prefixes is calculated by multiplying the number of choices for each digit,
8 (choices for the first digit) × 8 (choices for the second digit) × 10 (choices for the third digit) = 640 possible three-digit phone prefixes.
Estimate the instantaneous rate of change of h (t) = 2t² + 2 at the point t = −1.
In other words, choose x-values that are getting closer and closer to −1 and compute the slope of the secant lines at each value. Then, use the trend/pattern you see to estimate the slope of the tangent line.
Answer:
The instantaneous rate of change of h(t) = 2t² + 2 at the point t = −1 is -4.
Step-by-step explanation:
If two distinct points [tex]P(x_1,y_1)[/tex] and [tex]Q(x_2,y_2)[/tex] lie on the curve [tex]y=f(x)[/tex], the slope of the secant line connecting the two points is
[tex]m_{sec}=\frac{y_2-y_1}{x_2-x_1}=\frac{f(x_2)-f(x_1)}{x_2-x_1}[/tex]
If we let the point [tex]x_2[/tex] approach [tex]x_1[/tex], then Q will approach P along the graph f(x). The slope of the secant line through points P and Q will gradually approach the slope of the tangent line through P as
[tex]m_{tan}= \lim_{x_2 \to x_1}\frac{f(x_2)-f(x_1)}{x_2-x_1}[/tex]
And this is the instantaneous rate of change of the function f(x) at the point [tex]x_1[/tex].
From the information given, we know that the point P [tex](-1,2(-1)^2+2)=(-1,4)[/tex] lies on the curve [tex]h(t) = 2t^2 + 2[/tex].
If Q is the point [tex](t, 2t^2 + 2)[/tex] we can find the slope of the secant line PQ for the following values of t. Because we choose values that are getting closer and closer to −1.
[tex]\begin{array}{c}-0.9&-0.99&-0.999&-0.9999\\-1.1&-1.01&-1.001&-1.0001\\\end{array}\right[/tex]
Let the point P be [tex](x_2=-1, y_2=4)[/tex] and the point Q be [tex](x_1=t, y_1=2t^2+2)[/tex]. So,
[tex]m=\frac{4-(2t^2+2)}{-1-t}\\\\m=-\frac{2\left(t+1\right)\left(t-1\right)}{-1-t}\\\\m=2\left(t-1\right)[/tex]
Next, substitute the value of x in the formula of the slope
[tex]m=2(-0.9-1)=-3.8[/tex]
Do this for the other values of x.
Below, there is a table that shows the values of the slope.
From the table, as t approaches -1 from the left side (-0.9 to -0.9999), the slopes are approaching to -4 and as t approaches -1 from the right side (-1.1 to -1.0001), the slopes are approaching to -4. The value of the slope at P(-1,4) is then m = -4.
Final answer:
To estimate the instantaneous rate of change of h(t) at t = -1, we calculate the slopes of secant lines near that point and observe the pattern to approximate the slope of the tangent line, which represents the instantaneous velocity.
Explanation:
To estimate the instantaneous rate of change of the function h(t) = 2t² + 2 at t = −1, we need to calculate the slope of the tangent line at that point. We can approximate this slope using secant lines connecting points increasingly closer to t = −1.
Let's select two points close to t = −1, say t1 = −1.1 and t2 = −0.9, and compute the slope of the secant line:
Slope of secant line = (h(t2) − h(t1)) / (t2 − t1) = (3.62 − 4.42) / (-0.9 + 1.1) = −0.8 / 0.2 = −4.
To get a more accurate approximation, we'd choose points even closer to t = −1 and observe the pattern. We can assume that the slope of the tangent line, which represents the instantaneous velocity, is approximately equal to the slopes of the secant lines as they converge to a single value.
Three students were applying to the same graduate school. They came from schools with different grading systems. Which student had the best GPA when compared to other students at his school? Explain how you determined your answer. Student GPA School Average GPA School Standard Deviation Thuy 2.7 3.2 0.8 Vichet 87 75 20 Kamala 8.6 8 0.4
Answer:
Kamala had the higher Z-score, so she had the best GPA when compared to other students at his school.
Step-by-step explanation:
Problems of normally distributed samples can be solved using 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 problem, we have that:
Three students, graded on different curves. I will find whoever has the higher Z-score, and this is the one which had the best GPA.
Thuy 2.7 3.2 0.8
So the student GPA is 2.7, the Average GPA at the school was 3.2 and the standard deviation was 0.8.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{2.7 - 3.2}{0.8}[/tex]
[tex]Z = -0.625[/tex]
Vichet 87 75 20
So the student GPA is 87, the Average GPA at the school was 75 and the standard deviation was 20.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{87 - 75}{20}[/tex]
[tex]Z = 0.6[/tex]
Kamala 8.6 8 0.4
So the student GPA is 8.6, the Average GPA at the school was 8 and the standard deviation was 0.4.
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{8.6 - 8}{0.4}[/tex]
[tex]Z = 1.5[/tex]
Kamala had the higher Z-score, so she had the best GPA when compared to other students at his school.
Find two values of c in (− π/ 4 , π /4) such that f(c) is equal to the average value of f(x) = 2 cos(2x) on ( − π/ 4 , π/ 4 ). Round your answers to three decimal places.
Answer:
c₁ = 1/2 cos⁻¹ (2/π) = 0.44
c₂ = -1/2 cos⁻¹ (2/π) = -0.44
Step-by-step explanation:
the average value of f(x)=2 cos(2x) on ( − π/ 4 , π/ 4 ) is
av f(x) =∫[2*cos(2x)] dx /(∫dx) between limits of integration − π/ 4 and π/ 4
thus
av f(x) =∫[cos(2x)] dx /(∫dx) = [sin(2 * π/ 4 ) - sin(2 *(- π/ 4 )] /[ π/ 4 - (-π/ 4)]
= 2*sin (π/2) /(π/2) = 4/π
then the average value of f(x) is 4/π . Thus the values of c such that f(c)= av f(x) are
4/π = 2 cos(2c)
2/π = cos(2c)
c = 1/2 cos⁻¹ (2/π) = 0.44
c= 0.44
since the cosine function is symmetrical with respect to the y axis then also c= -0.44 satisfy the equation
thus
c₁ = 1/2 cos⁻¹ (2/π) = 0.44
c₂ = -1/2 cos⁻¹ (2/π) = -0.44
The two values are,
[tex]c=-\frac{1}{2} cos^{-1}(\frac{2}{\pi}) or\\ c=\frac{1}{2} cos^{-1}(\frac{2}{\pi}) [/tex]
Given that,
[tex]f(x)=2cos(2x)[/tex]
[tex]f_{avg}=\frac{1}{\frac{\pi}{2} }\int_{-\frac{\pi}{4}}^{\frac{\pi}{4}}2cos(2x)dx\\ =\frac{8}{2\pi} sin\frac{\pi}{2} \\ =\frac{4}{\pi} [/tex]
[tex]f(c)=2cos(2c)=\frac{4}{\pi} \\ cos2c=\frac{2}{\pi} \\ c=-\frac{1}{2} cos^{-1}(\frac{2}{\pi})or\\ c=\frac{1}{2} cos^{-1}(\frac{2}{\pi})or\\[/tex]
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Researchers estimate by the end of 2020, 850,000 new cases of heart disease and 275,000 heart disease deaths will be recorded in the United States. The estimated population of the United States at mid-point of 2020 is 341,672,244. Calculate the projected incidence rate of heart disease per 100,000 in the United States in 2020.
Answer:
249 per 100,000
Step-by-step explanation:
The projected incidence rate of heart disease per 100,000 in the United States in 2020 is determined by the number of estimated new cases of heart disease multiplied by 100,000 and divided by the estimated population of the United States in 2020:
[tex]R=\frac{850,000*100,000}{341,672,244}=248.78[/tex]
Rounding up to the next whole unit, the projected incidence is 249 per 100,000.
Final answer:
To calculate the incidence rate of heart disease per 100,000 in the U.S. in 2020, divide the number of new cases (850,000) by the U.S. population (341,672,244), then multiply by 100,000, resulting in an incidence rate of approximately 248.7.
Explanation:
To calculate the projected incidence rate of heart disease per 100,000 in the United States in 2020, follow these steps:
First, determine the total number of new heart disease cases. Researchers estimated 850,000 new cases of heart disease will be recorded.
Second, determine the population of the United States at the midpoint of 2020, which is 341,672,244.
Finally, calculate the incidence rate using the formula: \((\frac{Number\ of\ new\ cases}{Population}) \times 100,000=Incidence\ Rate\ per\ 100,000\). Therefore, \((\frac{850,000}{341,672,244}) \times 100,000\) results in an incidence rate of approximately 248.7 new cases per 100,000 people.
Understanding this incidence rate can help in assessing the burden of heart disease on the U.S. population and guiding health policy decisions.
According to the WHO MONICA Project the mean blood pressure for people in China is 128 mmHg with a standard deviation of 23 mmHg (Kuulasmaa, Hense & Tolonen, 1998). Assume that blood pressure is normally distributed. a.) State the random variable. b.) Find the probability that a person in China has blood pressure of 135 mmHg or more.
Answer:
a) Let X the random variable that represent the blood pressure for people of a population, and for this case we know the distribution for X is given by:
[tex]X \sim N(128,23)[/tex]
Where [tex]\mu=128[/tex] and [tex]\sigma=23[/tex]
b) [tex]P(X\geq 135)=P(\frac{X-\mu}{\sigma}\geq \frac{135-\mu}{\sigma})=P(Z\geq \frac{135-128}{23})=P(Z\geq 0.304)[/tex]
And we can find this probability using the complement rule:
[tex]P(Z\geq 0.304)=1-P(Z<0.304)[/tex]
And in order to find this probabilities we can use tables for the normal standard distribution, excel or a calculator.
[tex]P(Z\geq 0.304)=1-P(Z<0.304)= 1-0.619=0.381 [/tex]
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Part a
Let X the random variable that represent the blood pressure for people of a population, and for this case we know the distribution for X is given by:
[tex]X \sim N(128,23)[/tex]
Where [tex]\mu=128[/tex] and [tex]\sigma=23[/tex]
Part b
We are interested on this probability
[tex]P(X\geq 135)[/tex]
And the best way to solve this problem is using the normal standard distribution and the z score given by:
[tex]z=\frac{x-\mu}{\sigma}[/tex]
If we apply this formula to our probability we got this:
[tex]P(X\geq 135)=P(\frac{X-\mu}{\sigma}\geq \frac{135-\mu}{\sigma})=P(Z\geq \frac{135-128}{23})=P(Z\geq 0.304)[/tex]
And we can find this probability using the complement rule:
[tex]P(Z\geq 0.304)=1-P(Z<0.304)[/tex]
And in order to find this probabilities we can use tables for the normal standard distribution, excel or a calculator.
[tex]P(Z\geq 0.304)=1-P(Z<0.304)= 1-0.619=0.381 [/tex]
In this context, the random variable is the blood pressure of people in China. The probability that a person in China has a blood pressure of 135 mmHg or more is about 38.21%, calculated using the Z-score and standard Z-table.
Explanation:The subject of this question is the study of normal distribution and probability in statistics, a branch of mathematics.
a.) The random variable in this context is the blood pressure of people in China.
b.) To find the probability that a person in China has a blood pressure of 135 mmHg or more, we need to convert this to a Z-score. The Z-score is calculated by subtracting the mean from the individual score and then dividing by the standard deviation. Therefore, Z = (135 - 128) / 23 = 0.30.
Using a standard Z-table, the probability corresponding to Z=0.30 is about 0.6179. However, because we want the probability of a person having a blood pressure that's 135 mmHg or more (greater than the mean), we must subtract this value from 1. Thus, the probability is about 1 - 0.6179 = 0.3821, or 38.21%.
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5 3/10 + 3 9/10 simplify or mixed number
The answer is 9 1/5 simplified.
Too lazy to make up an explanation or change it to a mixed number even tho it is easy...
Answer:
Step-by-step explanation:
5³/10 +3 9/10
Convert to improper fraction
53/10 +39/10
L. C. M =10
=92/10
=9²/10
=9¹/5
Pretend today is your birthday, and you're hoping for some money. But your grandma is a finance professor and likes making things difficult for you. She tells you that she'll either give you $1,500 today, or give you $550 each year at the end of the year for the next 3 years. If the applicable discount rate is 6%, should you take the $1,500?
Answer:
no, the 550 each year is best offer
Step-by-step explanation:
Answer:
I’ll just stay with the 550 a year
Step-by-step explanation:
You spend $40 for 8 hamburgers and 4 hotdogs at a ballgame. The next game you spend $32 for 3 hamburgers and 10 hotdogs. Write a system of linear equations to represent this scenario.
Answer: the system of linear equations to represent this scenario are
8x + 4y = 40
3x + 10y = 32
Step-by-step explanation:
Let x represent the cost of one hamburger.
Let y represent the cost of one hotdog.
You spend $40 for 8 hamburgers and 4 hotdogs at a ballgame. This means that
8x + 4y = 40 - - - - - - - - - - - - 1
The next game you spend $32 for 3 hamburgers and 10 hotdogs. This means that
3x + 10y = 32- - - - - - - - - - - - 2
Multiplying equation 1 by 3 and equation 2 by 8, it becomes
24x + 12y = 120
24x + 80y = 256
- 68y = - 136
y = - 136 /- 68
y = 2
Substituting y = 2 into equation 2, it becomes
3x + 10y = 32
3x + 10 × 2 = 32
3x = 32 - 20 = 12
x = 12/3 = 4
An experiment results in one of three mutually exclusive events, A,B,C. it is known that p(A) =.30, p(b) =.55 and p(c) =.15.
A. find each of the following probabilities.1. P(AUB)2. P(A∩C)3. P(A|B)4. P(BUC)B. Are B and C Independent Events? Explain.
Answer:
A. 1. P(A∪B)=0.85
2. P(A∩C)=0.045
3. P(A/B)=0.3
4. P(B∪C)=0.70
B. Event B and Event C are dependent
Step-by-step explanation:
A. As events are mutually exclusive, so,
P(A∪B)=P(A)+P(B)
P(A∩B)=P(A)*P(B)
1. P(A∪B)=?
P(A∪B)=P(A)+P(B)=0.3+0.55=0.85
P(A∪B)=0.85
2. P(A∩C)
P(A∩C)=P(A)*P(C)=0.30*0.15=0.045
P(A∩C)=0.045
3. P(A/B)
P(A/B)=P(A∩B)/P(B)
P(A∩B)=P(A)*P(B)=0.30*0.55=0.165
P(A/B)=P(A∩B)/P(B)=0.165/0.55=0.3
P(A/B)=0.3
4. P(B∪C)
P(B∪C)=P(B)+P(C)=0.55+0.15=0.70
P(B∪C)=0.70
B.
The event B and C are mutually exclusive and events B and event C are dependent i.e. P(B and C)≠P(B)P(C)
The events are mutually exclusive i.e. P(B and C)=0
whereas P(B)*P(C)=0.55*0.15=0.0825
Mutually exclusive events are independent only if either one of two or both events has zero probability of occurring.
Thus, event B and C are dependent
A) 1:P(A∪B)=0.85
2: P(A∩C)=0.045
3: P(A/B)=0.3
4: P(B∪C)=0.70
B) Events B and C are dependent events.
Since all three events are mutually exclusive:
So, P(A∪B)=P(A)+P(B)
P(A∪B) = 0.30+0.55
P(A∪B) = 0.85
P(A∩B)=P(A)P(B)
P(A∩B) = 0.30*0.55 = 0.165
P(A/B)=P(A∩B)/P(B)
P(A/B) = 0.165/0.55 = 0.3
Similarly, P(A∩C) =0.045
P(BUC) = 0.70
Events B and C are dependent events because they will be independent only if there is zero possibility of their occurrence.
Therefore, A) 1:P(A∪B)=0.85
2: P(A∩C)=0.045
3: P(A/B)=0.3
4: P(B∪C)=0.70
B) Events B and C are dependent events.
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There are 39 members on the Central High School student government council. When a vote took place on a certain proposal, all of the seniors and none of the freshmen voted for it. Some of the juniors and some of the sophomores voted for the proposal and some voted against it.If a simple majority of the votes cast is required for the proposal to be adopted, which of the following statements, if true, would enable you to determine whether the proposal was adopted?a. There are more seniors than freshmen on the council.b. A majority of the freshmen and a majority of the sophomores voted for the proposal. c. There are 18 seniors on the council.d. There are the same number of seniors and freshmen combined as there are sophomores and juniors combined.e. There are more juniors than sophomores and freshmen combined, and more than 90% of the juniors voted against the proposal.
Answer:
Option b.
Step-by-step explanation:
Statement b would be true in this case.
Let's gather data from the question:
student council = seniors + juniors
Now, some few things to note:
1. Senior students are in their 12th grade. This is the senior year in high school.
2. The sophomore is the 10th year in school. These are not senior year students.
Isolating the students, the sophomore + junior students are likely to be the majority here.
Some junior and sophomore students voted for the proposal so it means that the combined number will be: all senior students + some juniors + some sophomores.
Therefore, the majority of the freshmen and a majority of the sophomores voted for the proposal.
Determine whether the given description corresponds to an experiment or an observational study. A stock analyst selects a stock from a group of twenty for investment by choosing the stock with the greatest earnings per share reported for the last quarter.A) Experiment B) Observational study
The description corresponds to an observational study as the analyst is merely observing and analyzing the existing data (earnings per share) to make an investment decision, there's no control or manipulation of the variables involved.
Explanation:The given description corresponds to an observational study. This is because the stock analyst is merely observing and analyzing the existing earnings per share of the stocks from a group of twenty and then making an investment decision based on this data. There is no manipulation or control of variables, which are defining characteristics of an experiment.
In an experiment, the researchers would have actively influenced the earnings per share (the variable) in some way to gauge the effect of that influence. However, in this case, the analyst is simply observing the earnings per share as they are to select a stock for investment.
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If a = 6 and c = 15, what is the measure of ∠A? (round to the nearest tenth of a degree) Q: A: A) 21.8° B) 22.7° C) 23.6° D) 66.4°
Answer:
Option C) 23.6°
Step-by-step explanation:
we know that
In this problem the triangle ABC is a right triangle
see the attached figure to better understand the problem
[tex]sin(A)=\frac{BC}{AB}[/tex] ----> by SOH (opposite side divided by the hypotenuse)
substitute the given values
[tex]sin(A)=\frac{6}{15}[/tex]
using a calculator
[tex]A=sin^{-1}(\frac{6}{15})=23.6^o[/tex]
Steve Goodman, production foreman for the Florida Gold Fruit Company, estimates that the average sale of oranges is 4,700 and the standard deviation is 500 oranges. Sales follow a normal distribution. What is the probability that sales will be less than 4,300 oranges?
The probability that sales will be less than 4,300 oranges is 21.19%
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
[tex]z=\frac{x-\mu}{\sigma} \\\\where\ x=raw\ score, \mu=mean, \sigma=standard\ deviation\\\\Given\ that:\\\mu=4700,\sigma=500\\\\For\ x=4300:\\\\z=\frac{4300-4700}{500} =-0.8[/tex]
From the normal distribution table:
P(x < 4300) = P(z < -0.8) = 0.2119 = 21.19%
The probability that sales will be less than 4,300 oranges is 21.19%
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The probability that sales will be less than 4,300 oranges is approximately 21.23%.
Explanation:To find the probability that sales will be less than 4,300 oranges, we need to standardize the value using the z-score formula.
The z-score formula is given by z = (x - μ) / σ, where x is the value, μ is the mean, and σ is the standard deviation. In this case, x = 4,300, μ = 4,700, and σ = 500.
Substituting these values into the formula, we get z = (4,300 - 4,700) / 500 = -0.8. We can then use a z-table or a calculator to find the probability associated with a z-score of -0.8, which is approximately 0.2123 or 21.23%.
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Describe the sample space for the following experiment: We randomly select one of the letters in a word RAN. Give your answer using set notation, i.e. list all elements of the sample space in braces {} and separate them with a comma. Do not include spaces.
Answer:
S={R,A,N}
Step-by-step explanation:
There are three letters in a word RAN i.e. R, A and N. The sample space consists of all possible outcomes of an experiment. So, the sample for selecting a letter from word RAN will be
Sample Space=S={R,A,N}
As, there are three possible letters that can be selected n(S)=3
Thus, the required sample in the set notation is
S={R,A,N}.
Final answer:
The sample space for selecting a letter from the word RAN is S = {R,A,N}, which includes all the individual letters of the word as separate and distinct outcomes.
Explanation:
The sample space for the experiment of randomly selecting one of the letters in the word RAN is a set of all possible outcomes of this experiment. Using set notation, we can describe this sample space as follows:
S = {R,A,N}
Each letter represents a unique outcome in the sample space, which in this case consists of the three letters that make up the word. Since the word RAN has no repeated letters, each letter is a distinct outcome. To list this sample space in set notation we simply enclose the elements within braces and separate them with commas, without spaces.
The OLS residuals:
a. can be calculated using the errors from the regression function.
b. can be calculated by subtracting the fitted values from the actual values.
c. are unknown since we do not know the population regression function.
d. should not be used in practice since they indicate that your regression does not run through all your observations.
Answer:
b. can be calculated by subtracting the fitted values from the actual values.
Step-by-step explanation:
OLS residuals - it stands for ordinary least square. it is used to determine the missing value in the regression analysis. OLS works on one purpose that is to minimize the difference between the observed response and predict response.
The basic difference between Residual sum of square(RSS) and OLS is that RSS is used to predict how good is model while OLS is considered as the method which is used to construct model>
PLEASE SHOW WORK
Area of the triangle: 1 1/3 yards and 6 yards
[tex]\boxed{A=4yd^2}[/tex]
Explanation:I'll assume the dimensions are:
[tex]base \ (b)=1 \frac{1}{3}yards \\ \\ height \ (h)=6yards[/tex]
First of all, let's convert mixed fraction into improper fraction:
[tex]Add \ whole \ part \ and \ fractional \ part: \\ \\ 1\frac{1}{3}=1+\frac{1}{3} \\ \\ \\ Simplifying: \\ \\ 1\frac{1}{3}=\frac{3+1}{3} =\frac{4}{3}[/tex]
The formula for the area of a triangle is:
[tex]A=\frac{1}{2}b\times h \\ \\ A=\frac{1}{2}(\frac{4}{3})(6) \\ \\ \boxed{A=4yd^2}[/tex]
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A 11-inch candle is lit and burns at a constant rate of 1.3 inches per hour. Let t represent the number of hours since the candle was lit, and suppose f is a function such that f ( t ) represents the remaining length of the candle (in inches) t hours after it was lit. Write a function formula for f .
Answer:
f(t)= 11 in - 1.3 in/h *t
Step-by-step explanation:
defining the length of the candle as L , then since the candle burns at a constant rate , then
-dL/dt = 1.3 in/h = a
therefore
-∫dL = a∫dt
-L(t)=a*t + C , C=constant
at t=0 , the length of the candle is L₀= 11 in ,thus
-L₀=a*0 + C → C= -L₀
replacing the value of C
-L(t)=a*t - L₀
L(t) = L₀ - a*t = 11 in - 1.3 in/h *t
then
f(t)= 11 in - 1.3 in/h *t
Suppose an individual makes an initial investment of $3,000 in an account that earns 6.6%, compounded monthly, and makes additional contributions of $100 at the end of each month for a period of 12 years. After these 12 years, this individual wants to make withdrawals at the end of each month for the next 5 years (so that the account balance will be reduced to $0). (Round your answers to the nearest cent.)
(a) How much is in the account after the last deposit is made?
(b) How much was deposited?
(c) What is the amount of each withdrawal?
(d) What is the total amount withdrawn?
I get A and C. If you could explain B and D I'd appreciate it.
Answer:
b) $17,400
d) $33,517.20
Step-by-step explanation:
a) $28,482.19 . . . . future value of all deposits
__
b) The initial deposit was $3000, and there were 144 deposits of $100 each, for a total of ...
$3000 +144×100 = $17,400 . . . . total deposited
__
c) $558.62
__
d) 60 monthly withdrawals were made in the amount $558.62, for a total of ...
60×$558.62 = $33,517.20 . . . . total withdrawn
_____
Additional information about (a) and (c)
(a) The future value of the initial deposit is the deposit multiplied by the interest multiplier over the period.
A = P(1 +r/n)^(nt) = 3000(1 +.066/12)^(12·12) = 3000·1.0055^144 ≈ 6609.065
The future value of $100 deposits each month is the sum of the series of 144 terms with common ratio 1.0055 and initial value 100.
A = 100(1.055^144 -1)/0.0055 ≈ 21,873.123
So, the total future value is ...
$6609.065 +21873.123 ≈ $28482.188 ≈ $28,482.19
__
(c) The withdrawal amount can be found using the same formula used for loan payments:
A = P(r/n)/(1 -(1 +r/n)^(-nt)) = $28482.19(.0055)/(1 -1.0055^-60) ≈ $558.62
The total amount deposited in the account was $17,400 including an initial investment of $3,000 and subsequent monthly payments of $100 for 12 years. The total amount withdrawn was equal to the final balance after the last deposit.
Explanation:Let's tackle each question one by one:
You've mentioned that you have already figured out part (a) and (c), so let's move on to part (b).(b) How much was deposited?The individual started with an initial deposit of $3,000. After that, they deposited $100 at the end of each month for 12 years. That's 12 years * 12 months/year * $100/month, for a total of $14,400. So, if you add the initial deposit, the total amount deposited over the whole period is $3,000 + $14,400 = $17,400.(d) What is the total amount withdrawn?The total amount withdrawn is the same as the final balance of the account after the last deposit, as the question states the account balance will be zero after the withdrawals. Since you have already figured out part (a) which is the account balance after the last deposit, the total amount withdrawn corresponds to that sum.Learn more about Compound Interest here:
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Delbert wants to make 200 ml of a 5% alcohol solution by mixing a 3% alcohol solution with a 10% alcohol solution. What quantities of each of the two solutions does he need to use?
Answer:
Step-by-step explanation: