A car company has found that there is a linear relationship between the money it spends on advertising and the number of cars it sells. When it spent 60000 dollars on advertising, it sold 680 cars. Moreover, for each additional 5000 dollars spent, they sold 40 more cars. Let x be the amount money they spend on advertising, in thousands of dollars. Find a formula for y, the number of cars sold.

Answers

Answer 1

Answer:

The required formula for y, the number of cars sold is: [tex]y = 0.008x +200[/tex].

Step-by-step explanation:

Consider the provided information.

Let x represents the amount of money spend on advertising .

y is number of cars sold,

For each additional 5000 dollars spent, they sold 40 more cars.

[tex]Slope = m = \frac{Rise}{Run}=\frac{40}{5000}=0.008[/tex]

The y-intercept form is: [tex]y = mx + b[/tex]

Substitute x=60,000, y=680 and m=0.008 in the above equation.

[tex]680= 0.008(60,000)+b[/tex]

[tex]b=680-480[/tex]

[tex]b=200[/tex]

Thus, the required formula for y, the number of cars sold is: [tex]y = 0.008x +200[/tex].

Answer 2

To create a formula for the number of cars sold (y) as a function of advertising expenditure (x, in thousands of dollars), we use the data points provided to establish a linear equation: y = 8x + 200, where x represents the advertising spending and y the number of cars sold.

To find a formula for y, the number of cars sold, given the linear relationship between advertising expenditure (x, in thousands of dollars) and sales, we first establish the given data points:

An additional $5,000 in advertising (or an increase of 5 in x since it's measured in thousands) results in selling 40 more cars.

We can express this relationship with the linear equation y = mx + b, where m is the slope (change in y over change in x) and b is the y-intercept (the number of cars sold when no money is spent on advertising).

Let's calculate the slope, m:

For every increase of 5 in x, y increases by 40, so m = 40/5 = 8.

We can then use this slope and one of the data points to find the y-intercept, b:

680 = 8(60) + b, so b = 680 - (8*60) = 680 - 480 = 200.

The linear equation representing the relationship between advertising spend and cars sold is:

y = 8x + 200


Related Questions

The number of "destination weddings" has skyrocketed in recent years. For example, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised in Bride Magazine that the cost of a Caribbean wedding was less than $30,000. Listed below is a total cost in $000 for a sample of 8 Caribbean weddings.
29.1 28.5 28.8 29.4 29.8 29.8 30.1 30.6
1. At the 0.05 significance level, is it reasonable to conclude the mean wedding cost is less than $30,000 as advertised?
2. State the null hypothesis and the alternate hypothesis. Use a 0.05 level of significance. (Enter your answers in thousands of dollars.)

Answers

Answer:

There is no sufficient evidence to support the claim that wedding cost is less than $30000.

Step-by-step explanation:

Values (x) ∑(Xi-X)^2

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

29.1                    0.1702

28.5                  1.0252

28.8                  0.5077

29.4                   0.0127

29.8                  0.0827

29.8                  0.0827

30.1                   0.3452

30.6                   1.1827

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

236.1                 3.4088

Mean = 236.1 / 8 = 29.51

[tex]S_{x}=\sqrt{3.4088/(8-1)}=0.6978[/tex]

Statement of the null hypothesis:

H0: u ≥ 30 the mean wedding cost is not less than $30,000

H1: u < 30 the mean wedding cost is less than $30,000

Test Statistic:

[tex]t=\frac{X-u}{S/\sqrt{n}}=\frac{29.51-30}{0.6978/\sqrt{8}}= \frac{-0.49}{0.2467}=-1.9861[/tex]

Test criteria:

SIgnificance level = 0.05

Degrees of freedom = df = n - 1 = 8 - 1 = 7

Reject null hypothesis (H0) if

[tex]t<-t_{0.05,n-1}\\ t<-t_{0.05,8-1}\\ t<-t_{0.05,7}[/tex]

Finding in the t distribution table α=0.05 with df=7, we have

[tex]t_{0.05,7}=2.365[/tex]

[tex]t>-t_{0.05,7}[/tex] = -1.9861 > -2.365

Result: Fail to reject null hypothesis

Conclusion: Do no reject the null hypothesis

u ≥ 30 the mean wedding cost is not less than $30,000

There is no sufficient evidence to support the claim that wedding cost is less than $30000.

Hope this helps!

help please
75
77
82
Show your work

Answers

Answer:Jarvis's class average is 75

Step-by-step explanation:

The total possible average score for the math course is 100

a) If the teacher rates homework at 10%, it means that the total possible score for homework

is 10/100 × 100 = 10

If his homework average is 93, then his score would be

(93×10)/100 = 9.3

b) If the teacher rates quizzes at 30%, it means that the total possible score for quizzes

is 30/100 × 100 = 30

If his quiz average is 82, then his score would be

(82×30)/100 = 24.6

c) If the teacher rates test at 40%, it means that the total possible score for quizzes

is 40/100 × 100 = 40

If his quiz average is 72, then his score would be

(72×40)/100 = 28.8

d) If the teacher rates final exam at 20%, it means that the total possible score for quizzes

is 20/100 × 100 = 20

If his final exam is 60, then his score would be

(60×20)/100 = 12

Jarvis's class average would be

9.3 + 24.6 + 28.8 + 12 = 74.7

Approximately 75

The weights of certain machine components are normally distributed with a mean of 4.81 ounces and a standard deviation of 0.04 ounces. Find the two weights that separate the top 6% and the bottom 6%. These weights could serve as limits used to identify which components should be rejected. Round your answer to the nearest hundredth, if necessary.

Suppose SAT Writing scores are normally distributed with a mean of 496 and a standard deviation of 109. A university plans to award scholarships to students whose scores are in the top 7%. What is the minimum score required for the scholarship? Round your answer to the nearest whole number, if necessary.

Answers

Answer:

First question:

Top 6%: 4.87 ounces

Bottom 6%: 4.75 ounces

Second question:

Top 7%: Score of 649.4.

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.

For the first problem, we have that:

[tex]\mu = 4.81, \sigma = 0.04[/tex]

Top 6%

The value of X when Z has a pvalue of 0.94. This is [tex]Z = 1.555[/tex]

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

[tex]1.555 = \frac{X - 4.81}{0.04}[/tex]

[tex]X - 4.81 = 1.555*0.04[/tex]

[tex]X = 4.8722[/tex]

Bottom 6%

The value of X when Z has a pvalue of 0.06. This is [tex]Z = 1.555[/tex]

For the second problem, we have that:

[tex]\mu = 496, \sigma = 109[/tex]

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

[tex]-1.555 = \frac{X - 4.81}{0.04}[/tex]

[tex]X - 4.81 = -1.555*0.04[/tex]

[tex]X = 4.7477[/tex]

Top 7%

The value of X when Z has a pvalue of 0.93. This is [tex]Z = 1.475[/tex]

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

[tex]1.475 = \frac{X - 496}{104}[/tex]

[tex]X - 496 = 104*1.475[/tex]

[tex]X = 649.4[/tex]

Gardeners on the west coast of the United States are investigating the difference in survival rates of two flowering plants in drought climates. Plant A has a survival rate of 0.74 and plant B has a survival rate of 0.48. The standard error of the difference in proportions is 0.083. What is the margin of error for a 99% confidence interval? Use critical value z = 2.576.

Answers

Answer:

The 99% confidence interval would be given (0.004;0.436).

Find equation of set of points pieces that its distance from the point 3, 4, -5 and -2, 1, 4 are equal.

Answers

Answer:

Step-by-step explanation:

Suppose we a point [tex]P(x,y,z)[/tex] such that its distance from either the point [tex]A(3,4,-5)[/tex] or [tex]B(-2,1,4)[/tex] is the same.

Using this information we can formula:

distance AP = distance BP

first, let's find the distance from AP, using the distance formula.

[tex]r = \sqrt{(x_1 - x_2)^2 + (y_1 - y_2)^2 + (z_1 - z_2)^2}[/tex]

[tex]AP = \sqrt{(3 - x_2)^2 + (4 - y_2)^2 + (-5 - z_2)^2}[/tex]

similarly, we can find the distance BP

[tex]BP = \sqrt{(-2 - x_2)^2 + (1 - y_2)^2 + (4 - z_2)^2}[/tex]

since both distances are exactly the same we can equate them

[tex]AP = BP[/tex]

[tex]\sqrt{(3 - x_2)^2 + (4 - y_2)^2 + (-5 - z_2)^2} = \sqrt{(-2 - x_2)^2 + (1 - y_2)^2 + (4 - z_2)^2}[/tex]

we can simplify it a bit squaring both sides, and getting rid of the subscripts.

[tex](3 - x)^2 + (4 - y)^2 + (-5 - z)^2 = (-2 - x)^2 + (1 - y)^2 + (4 - z)^2[/tex]

what we have done here is formulated an equation which consists of any point P that will have the same distance from (3,4,-5) and (-2,1,4).

To put it more concretely,

This is the equation of the the plane from that consists of all points (P) from which the distance from both (3,4,-5) and (-2,1,4) are equal.

A group of 54 college students from a certain liberal arts college were randomly sampled and asked about the number of alcoholic drinks they have in a typical week. The purpose of this study was to compare the drinking habits of the students at the college to the drinking habits of college students in general. In particular, the dean of students, who initiated this study, would like to check whether the mean number of alcoholic drinks that students at his college in a typical week differs from the mean of U.S. college students in general, which is estimated to be 4.73.
The group of 51 students in the study reported an average of 4.35 drinks per with a standard deviation of 3.88 drinks.

Find the p-value for the hypothesis test.

The p-value should be rounded to 4-decimal places.

Answers

Answer:

P-value =  0.4846

Step-by-step explanation:

We are given the following in the question:

Population mean, μ = 4.73

Sample mean, [tex]\bar{x}[/tex] = 4.35

Sample size, n = 51

Alpha, α = 0.05

Sample standard deviation, s = 3.88

First, we design the null and the alternate hypothesis

[tex]H_{0}: \mu = 4.73\\H_A: \mu \neq 4.73[/tex]

We use Two-tailed z test to perform this hypothesis.

Formula:

[tex]z_{stat} = \displaystyle\frac{\bar{x} - \mu}{\frac{\sigma}{\sqrt{n}} }[/tex]

Putting all the values, we have

[tex]z_{stat} = \displaystyle\frac{4.35 - 4.73}{\frac{3.88}{\sqrt{51}} } = -0.699[/tex]

Now, [tex]z_{critical} \text{ at 0.05 level of significance } = \pm 1.96[/tex]

We can calculate the p-value with the help of standard normal table.

P-value =  0.4846

Since the p-value is higher than the significance level, we fail to reject the null hypothesis and accept it.

We conclude that this college has same drinking habit as the college students in general.

A quasi-experiment was conducted to compare men's and women's attitudes about extramarital affairs. Men and women who are married were recruited to complete a survey about their attitudes. The researchers then compared scores on the survey for men and women. The appropriate statistical test to analyze the data in this study is ______

Answers

Answer:

An independent samples t-test

Step-by-step explanation:

We have two different groups and we want to test if the scores are equal or not , so the best appropiate mthod would be an independent t test. Here we show the steps to conduct this test.

Data given and notation  

[tex]\bar X_{1}[/tex] represent the mean for group men  

[tex]\bar X_{2}[/tex] represent the mean for group women  

Assuming these values for the remaining data:

[tex]s_{1}[/tex] represent the sample standard deviation for men

[tex]s_{2}[/tex] represent the sample standard deviation for women

[tex]n_{1}[/tex] sample size for the group men  

[tex]n_{2}[/tex] sample size for the group women  

t would represent the statistic (variable of interest)

[tex]p_v[/tex] represent the p value  

Concepts and formulas to use  

Suppose that we need to conduct a hypothesis in order to check if the mean are equal or not, the system of hypothesis would be:  

H0:[tex]\mu_{1} = \mu_{2}[/tex]  

H1:[tex]\mu_{1} \neq \mu_{2}[/tex]  

For this case is better apply a t test to compare means since we don't know the population deviations, and the statistic is given by:  

[tex]z=\frac{\bar X_{1}-\bar X_{2}}{\sqrt{\frac{s^2_{1}}{n_{1}}+\frac{s^2_{2}}{n_{2}}}}[/tex] (1)  

t-test: Is used to compare group means. Is one of the most common tests and is used to determine whether the means of two groups are equal to each other.  

Calculate the statistic  

We just need to replace in formula (1) and find the calculated value.    

Find the critical value

In order to find the critical value we need to take in count that we are conducting a two tailed test, and we need a significance level provided in order to find the critical region

Statistical decision

If our calculates value [tex]t_{calculated}>t_{critical}[/tex] or [tex]t_{calculated}<t_{critical}[/tex] we reject the null hypothesis. In other case we FAIL to reject the null hypothesis.

A probability distribution showing the probability of success does not change from trial to trial, is termed a:
-uniform probability distribution
-binomial probability distribution
-hypergeometric probability distribution
-normal probability distribution

Answers

Answer:

-uniform probability distribution

Step-by-step explanation:

In uniform probability distributions, the likelihood of each possible outcome happening or not is the same. This property means that, for any given trial, the probability that an event will be successful does not change. Take the probability of rolling a 5 on a die for instance, no matter how many trials are performed, there is always a 1 in 6 probability for each trial.

A probability distribution showing the probability of success does not change from trial to trial, is termed as a uniform probability distribution.

We have to determine, a probability distribution showing the probability of success does not change from trial to trial, is termed as;

A continuous probability distribution is called the uniform distribution and it is related to the events that are equally possible to occur. It is defined by two different parameters, x, and y,

Where x = the minimum value and y = the maximum value. It is generally represented by u(x, y).

The case of a discrete binomial probability distribution. The Bernoulli trials are identical but independent of each other. Before computing the failures (“r”), the total count of success that occurs first is called the Negative Binomial Probability Distribution.

Probability Distributions give up the possible outcome of any random event. It is also identified on the grounds of underlying sample space as a set of possible outcomes of any random experiment.

The normal distribution is a probability distribution that outlines how the values of a variable are distributed. Most of the observations cluster around the central peak and probabilities for values far away from the mean fall off equally in both directions in a normal distribution. Extreme values in both the tails of the distribution are uniformly unexpected.

Hence, A probability distribution showing the probability of success does not change from trial to trial, is termed as a uniform probability distribution.

To know more about Probability click the link given below.

https://brainly.com/question/23044118

Give an example of a function f : N → N that is surjective but not injective. You must explain why your example is surjective and why it is not injective. Hint: To show that a function f : N → N is surjective, you need to show that for all y ∈ N there is some x ∈ N such that f(x) = y. To show that a function is not injective, simply show that there are two points x1 6= x2 in the domain such that f(x1) = f(x2).

Answers

Final answer:

The function f(x) = x // 2 (integer division) is an example of a function from N to N that is surjective because every natural number is covered, but not injective because different numbers can result in the same output.

Explanation:

To provide an example of a function f from the natural numbers N to N that is surjective but not injective, consider the function f(x) = x // 2, where '//' denotes integer division. For the function to be surjective, each element y in N must have at least one x such that f(x) = y. This is indeed the case here since for any y > 0, we can choose x = 2y or x = 2y + 1, and f(x) will equal y. To show that it is not injective, we can find two different numbers, x1 and x2, such that f(x1) = f(x2). For instance, if x1 = 4 and x2 = 5, both f(x1) and f(x2) equal 2, thus violating the definition of injectivity. Hence, f(x) = x // 2 is surjective because every y in N is an image of some x, but it is not injective because at least two different values in the domain map to the same value in the codomain.

more thanAn engineer has designed a valve that will regulate water pressure on an automobile engine. The valve was tested on 120 engines and the mean pressure was 5 lbs/square inch. Assume the variance is known to be 1. If the valve was designed to produce a mean pressure of 5.1 lbs/square inch, is there sufficient evidence at the 0.02 level that the valve performs below the specifications? State the null and alternative hypotheses for the above scenario. Answer

Answers

Answer:

We accept the null hypothesis

Step-by-step explanation:

Given

The valve was tested on 120 engines

Mean pressure = 5 lbs/square inch.

Variance = 1

Standard Deviation, σ = √1 = 1

The valve was designed to produce a mean pressure of 5.1 lbs/square inch

So, μ = 5.1

Null hypothesis: H₀ : μ = 5.1

Alternative Hypothesis: H₁ : μ≠ 5.1

Since n > 30 and population standard deviation is given

So, We will use z test

Formula : z = (x - μ)/( σ /√n) ---_-_--- Substitute the values

z = [tex]\frac{5 - 5.1}{1/\sqrt{120} }[/tex]

z = −1.1

The p - value of -1.1 (refer to z table) is 0.13576

Since it is a two tailed test So, p = 2(1-  0.13576) = 1.7285

α = 0.02

p value > α

So, we accept the null hypothesis

Hence There is no sufficient evidence at the 0.02 level that the valve does not performs below to the specifications

Use the data from problem:

52.2 43.8 50.3 51.1 48.3 47.8 48.3 47.4 50.1 50.5 51.4 54.2 54.4 48.6 54.5 47.3 50.3 48.1 46.6 50.2 50.5 48.2 46.3 48.1 49.4 50.5 47.7 50.1 45.6 49.3 44.4 47.2 47.6 56.9 48.9 49.9 46.3 44.9 51.2 48.5 49.2 46.6 47.3 45.3 49.2 51.1 49.2 50.0 49.8 48.2 47.2 42.6 46.9 46.5 47.3 46.5 47.7 49.2 46.3 48.5 53.4 48.0 50.0 49.7 48.8 48.3 48.7 48.1 48.2 48.6 48.3 48.3 48.3 48.3 48.6 48.2 48.3 48.7 48.1 48.5

a. Calculate the sample mean, sample median, sample variance, and sample standard deviation.
b. Construct a Stem and Leaf Plot, Histogram, and Box Plot.

Answers

Answer:

a) Sample mean: 48.71

Sample median: 48.3

Sample variance: 5.41

Sample standard deviation: 2.37

Step-by-step explanation:

a) Sample mean:

[tex]\bar{X}=\frac{1}{N} \sum X_i=\frac{1}{80}*3896.9=48.71[/tex]

Sample median: M=48.3

Note: I order the data increasingly and take the value N / 2 = 40. In this way there are 39 values above and 39 values below the median.

Sample variance:

[tex]s^2=\frac{1}{N-1}\sum (X_i-\bar X)^2 =(\frac{1}{80-1})*427.74=5.41[/tex]

Sample standard deviation

[tex]s=\sqrt{s^2}=\sqrt{5.41}=2.37[/tex]

b)

According to the Mendelian theory of genetics, a certain garden pea plant should produce either white, pink, or red flowers with respective probabilities 1/4, 1/2, and 1/4. To test this theory, a sample of 564 peas was conducted with the result that 141 produced white, 291 produced pink, and 132 produced red flowers. Using the chi-square approximation, what conclusion would be drawn at the 5 percent level of significance?

Answers

Answer:

[tex]\chi^2 = \frac{(141-141)^2}{141}+\frac{(291-282)^2}{282}+\frac{(132-141)^2}{141}=0.862[/tex]

[tex]p_v = P(\chi^2_{2} >0.861)=0.6502[/tex]

And we can find the p value using the following excel code:

"=1-CHISQ.DIST(0.861,2,TRUE)"

Since the p value is higher than the significance level [tex]0.6502>0.05[/tex] we FAIL to reject the null hypothesis at 5% of significance, and we can conclude that we don't have significant differences for the proportions assumed.

Step-by-step explanation:

Previous concepts

A chi-square goodness of fit test "determines if a sample data matches a population".

A chi-square test for independence "compares two variables in a contingency table to see if they are related. In a more general sense, it tests to see whether distributions of categorical variables differ from each another".

Solution to the problem

Assume the following dataset:

White = 141, Pink = 291, Red= 132

We need to conduct a chi square test in order to check the following hypothesis:

H0: There is no difference with the proportions assumed [tex]p_{white}=1/4, p_{pink}=1/2, p_{red}=1/4[/tex]

H1: There is difference with the proportions assumed [tex]p_{white}=1/4, p_{pink}=1/2, p_{red}=1/4[/tex]

The level of significance assumed for this case is [tex]\alpha=0.05[/tex]

The statistic to check the hypothesis is given by:

[tex]\chi^2 = \sum_{i=1}^n \frac{(O_i -E_i)^2}{E_i}[/tex]

The table given represent the observed values, we just need to calculate the expected values with the following formula [tex]E_i = p_i *Total[/tex]

And the calculations are given by:

[tex]E_{White} =\fra{1}{4} * 564=141[/tex]

[tex]E_{Pink} =\frac{1}{2} *564=282[/tex]

[tex]E_{Red} =\frac{1}{4}*564=141[/tex]

And now we can calculate the statistic:

[tex]\chi^2 = \frac{(141-141)^2}{141}+\frac{(291-282)^2}{282}+\frac{(132-141)^2}{141}=0.862[/tex]

Now we can calculate the degrees of freedom for the statistic given by:

[tex]df=categories-1=3-1=2[/tex]

And we can calculate the p value given by:

[tex]p_v = P(\chi^2_{2} >0.861)=0.6502[/tex]

And we can find the p value using the following excel code:

"=1-CHISQ.DIST(0.861,2,TRUE)"

Since the p value is higher than the significance level [tex]0.6502>0.05[/tex] we FAIL to reject the null hypothesis at 5% of significance, and we can conclude that we don't have significant differences for the proportions assumed.

The Genetics and IVF Institute conducted a clinical trial of the YSORT method designed to increase the probability of conceiving a boy. As this book was being written, 51 babies were born to parents using the YSORT method, and 39 of them were boys. Use the sample data with a 0.01 significance level to test the claim that with this method, the probability of a baby being a boy is greater than 0.5. Does the method appear to work?

Answers

Answer:

Null hypothesis:[tex]p\leq 0.5[/tex]  

Alternative hypothesis:[tex]p > 0.5[/tex]  

[tex]z=\frac{0.765 -0.5}{\sqrt{\frac{0.5(1-0.5)}{51}}}=3.785[/tex]  

[tex]p_v =P(z>3.785)=7.68x10^{-5}[/tex]  

So the p value obtained was a very low value and using the significance level given [tex]\alpha=0.01[/tex] we have [tex]p_v<\alpha[/tex] so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of boys is significantly higher than 0.5.  

Step-by-step explanation:

1) Data given and notation

n=51 represent the random sample taken

X=39 represent the number of boys

[tex]\hat p=\frac{39}{51}=0.765[/tex] estimated proportion of boys

[tex]p_o=0.5[/tex] is the value that we want to test

[tex]\alpha=0.01[/tex] represent the significance level

Confidence=99% or 0.99

z would represent the statistic (variable of interest)

[tex]p_v[/tex] represent the p value (variable of interest)  

2) Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that with this method, the probability of a baby being a boy is greater than 0.5.:  

Null hypothesis:[tex]p\leq 0.5[/tex]  

Alternative hypothesis:[tex]p > 0.5[/tex]  

When we conduct a proportion test we need to use the z statisitc, and the is given by:  

[tex]z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}}[/tex] (1)  

The One-Sample Proportion Test is used to assess whether a population proportion [tex]\hat p[/tex] is significantly different from a hypothesized value [tex]p_o[/tex].

3) Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

[tex]z=\frac{0.765 -0.5}{\sqrt{\frac{0.5(1-0.5)}{51}}}=3.785[/tex]  

4) Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided [tex]\alpha=0.01[/tex]. The next step would be calculate the p value for this test.  

Since is a right tailed test the p value would be:  

[tex]p_v =P(z>3.785)=7.68x10^{-5}[/tex]  

So the p value obtained was a very low value and using the significance level given [tex]\alpha=0.01[/tex] we have [tex]p_v<\alpha[/tex] so we can conclude that we have enough evidence to reject the null hypothesis, and we can said that at 1% of significance the proportion of boys is significantly higher than 0.5.  

Biologist Theodore Garland, Jr. studied the relationship between running speeds and morphology of 49 species of cursorial mammals (mammals adapted to or specialized for running). One of the relationships he investigated was maximal sprint speed in kilometers per hour and the ratio of metatarsal-to-femur length. A least-squares regression on the data he collected produces the equation ^ y = 37.67 + 33.18 x where x is metatarsal-to-femur ratio and ^ y is predicted maximal sprint speed in kilometers per hour. The standard error of the intercept is 5.69 and the standard error of the slope is 7.94. Construct a 96% confidence interval for the slope of the population regression line. Give your answers precise to at least two decimal places.

Answers

Answer:

Confidence interval for the intercept:

[tex]37.67-2.1123(5.69) \leq \beta_0 \leq 37.67+2.1123(5.69)\\25.651 \leq \beta_0 \leq 49.6889[/tex]

Confidence interval for the slope:

[tex]33.18-2.1123(7.94) \leq \beta_1 \leq 33.18+2.1123(7.94)\\16.4083 \leq \beta_1 \leq 49.9517[/tex]

Step-by-step explanation:

We start defining our equation's terms, starting from the linear regression model [tex]\hat{y} =\hat{\beta}_{0} + \hat{\beta}_{1}x[/tex]

In this model [tex]{\beta}_{0} [/tex] is the intercept estimator and [tex]{\beta}_{1} [/tex] is the slope estimator.

in the equation y = 37.67 + 33.18x]

[tex]{\beta}_{0} = 37.67 [/tex] and [tex]{\beta}_{1} = 33.81[/tex]

Then we have the standard errors (se) for each estimator:

[tex]se(\hat{\beta_{0}}}) =  5.69[/tex] and [tex]se(\hat{\beta_{1}}}) =  7.94[/tex]

The sample number is 49 species (here we assume that all the individuals of a the same species are summarised with a central tendency measure, i.e. mean, median or mode, if each species contained more than one individual).

The formula for the 96% confidence interval for the intercept [tex]{\beta}_{0} [/tex] we have:

[tex]\hat{\beta_0} - t_{\alpha/2,n-2} se(\beta_0) \leq  \beta _0 \leq \hat{\beta_0} + t_{\alpha/2,n-2}[/tex]

Where  [tex]t_{\alpha/2,n-2}[/tex] represents the p-value in a t distribution when α=0.04 (so that we have a confidence interval of 96%, or 0.96), two-tailed, and n-2 degrees of freedom. In this example, n-2 = 47, and the t-value (47 degrees of freedom, 0.04 significance level, two tails) is ± 2.1123.

We input these values into our formula:

[tex]37.67-2.1123(5.69) \leq \beta_0 \leq 37.67+2.1123(5.69)\\25.651 \leq \beta_0 \leq 49.6889[/tex]

Similarly, the 96% confidence interval for the slope  [tex]{\beta}_{1} [/tex] is:

[tex]\hat{\beta_1} - t_{\alpha/2,n-2} se(\beta_1) \leq  \beta _1 \leq \hat{\beta_1} + t_{\alpha/2,n-2}[/tex]

Where [tex]t_{\alpha/2,n-2} =± 2.1123[/tex]

And into the formula:

[tex]33.18-2.1123(7.94) \leq \beta_1 \leq 33.18+2.1123(7.94)\\16.4083 \leq \beta_1 \leq 49.9517[/tex]

The confidence interval does not include 0, so there is enough evidence saying that there is enough correlation between the metatarsal-to-femur ratio and maximal sprint speed in kilometers per hour. This study shows that measuring the lengths of metatarsal 3 and femur in mammals is a reliable predictor of maximal speed for cursorial mammals.

Final answer:

The 96% confidence interval for the slope of the population regression line is calculated using the formula b ± t(α/2, df) * SE(b). Plugging in the given values (slope= 33.18, standard error= 7.94) along with t(0.02, 47) which is approximately ± 2.01, we get the interval (16.98, 49.38).

Explanation:

In statistics, the confidence interval for the slope of the population regression line can be estimated by using the following formula: b ± t(α/2, df) * SE(b), where b is the slope, t is the t-score, df represents the degrees of freedom, α is the significance level, and SE(b) is the standard error of the slope.

In this case, we are asked to construct a 96% confidence interval for the slope, so α = 1 - 0.96 = 0.04. Since we are dealing with a two-tailed test, we will distribute α across the two tails, giving us α/2 = 0.02 for each half. To calculate our t-score, we will use the t distribution table and look for the value that corresponds with df = n - 2 (since we have two parameters, the intercept and slope) and α/2 = 0.02. Given we have 49 species, the df = 49 - 2 = 47, the t-score is approximately ± 2.01.

With this information, we can substitute the values into the formula, where b = 33.18 and SE(b) = 7.94, and compute the confidence interval for the slope, giving us 33.18 ± 2.01 * 7.94 = (16.98, 49.38). Thus, we estimate with 96% confidence that the true population slope lies between 16.98 and 49.38.

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Suppose that the distribution for total amounts spent by students vacationing for a week in Florida is normally distributed with a mean of 650 and a standard deviation of 120 . Suppose you take a simple random sample (SRS) of 15 students from this distribution. What is the probability that a SRS of 15 students will spend an average of between 600 and 700 dollars? Round to five decimal places.

Answers

Answer:

[tex]P(600<\bar X<700)=0.89347[/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".  

Solution to the problem

Let X the random variable that represent the total amounts spent by students vacationing for a week in Florida of a population, and for this case we know the distribution for X is given by:

[tex]X \sim N(650,120)[/tex]  

Where [tex]\mu=650[/tex] and [tex]\sigma=120[/tex]

And let [tex]\bar X[/tex] represent the sample mean, the distribution for the sample mean is given by:

[tex]\bar X \sim N(\mu,\frac{\sigma}{\sqrt{n}})[/tex]

On this case  [tex]\bar X \sim N(650,\frac{120}{\sqrt{15}})[/tex]

We are interested on this probability

[tex]P(600<\bar X<700)[/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}{\frac{\sigma}{\sqrt{n}}}[/tex]

If we apply this formula to our probability we got this:

[tex]P(600<\bar X<700)=P(\frac{600-\mu}{\frac{\sigma}{\sqrt{n}}}<\frac{X-\mu}{\frac{\sigma}{\sqrt{n}}}<\frac{700-\mu}{\frac{\sigma}{\sqrt{n}}})[/tex]

[tex]=P(\frac{600-650}{\frac{120}{\sqrt{15}}}<Z<\frac{700-650}{\frac{120}{\sqrt{15}}})=P(-1.614<Z<1.614)[/tex]

And we can find this probability on this way:

[tex]P(-1.614<Z<1.614)=P(Z<1.614)-P(Z<-1.614)[/tex]

And in order to find these probabilities we can find tables for the normal standard distribution, excel or a calculator.  

[tex]P(-1.614<Z<1.614)=P(Z<-1.614)-P(Z<-1.614)=0.94674-0.05326=0.89347[/tex]

Final answer:

To find the probability, calculate the z-scores for $600 and $700, and find the area under the normal curve between these two z-scores.

Explanation:

To find the probability that a simple random sample (SRS) of 15 students will spend an average of between $600 and $700, we need to calculate the z-scores for these two values.

First, we find the z-score for $600:

z = (600 - 650) / (120 / √15) = -1.5496

Next, we find the z-score for $700:

z = (700 - 650) / (120 / √15) = 1.5496

We then use a standard normal table or calculator to find the area under the normal curve between these two z-scores. The probability is the difference between these two areas.

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A random sample of 16 students selected from the student body of a large university had an average age of 25 years. We want to determine if the average age of all the students at the university is significantly different from 24. Assume the distribution of the population of ages is normal with a standard deviation of 2 years. At a .05 level of significance, it can be concluded that the mean age is _____.

a. not significantly different from 24
b. significantly different from 24
c. significantly less than 24
d. significantly less than 25

Answers

Answer:

Option b) significantly different from 24

Step-by-step explanation:

We are given the following in the question:

Population mean, μ = 24

Sample mean, [tex]\bar{x}[/tex] = 25

Sample size, n = 25

Alpha, α = 0.05

Population standard deviation, σ = 2

First, we design the null and the alternate hypothesis

[tex]H_{0}: \mu = 24\text{ years}\\H_A: \mu \neq 24\text{ years}[/tex]

We use Two-tailed z test to perform this hypothesis.

Formula:

[tex]z_{stat} = \displaystyle\frac{\bar{x} - \mu}{\frac{\sigma}{\sqrt{n}} }[/tex]

Putting all the values, we have

[tex]z_{stat} = \displaystyle\frac{25 - 24}{\frac{2}{\sqrt{16}} } = 2[/tex]

Now, we calculate the p-value from the standard normal table.

P-value = 0.0455

Since the p-value is less than the significance level, we fail to accept the null hypothesis and accept the alternate hypothesis.

Thus, we conclude that mean age is significantly different from 24.

At 5% level of significance, it can be concluded that the mean age is B. Significantly different from 24.

How to explain the confidence level?

From the information given, the university has had an average age of 25 years. The critical value at 5% level with the degree of freedom is 1.753 while the test statistic will be:

= (25 - 24)/2 × ✓26

= 1/2 × 4 = 2

Since the test statistic is greater than 1.753, one should reject the null hypothesis. Therefore, it shows that that the mean age is significantly different from 24.

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You’re at a party with 199 other guests when robbers break in and announce that they are going to rob one of you. They put 199 blank pieces of paper in a hat, plus one marked "you lose." Each guest must draw, and the person who draws "you lose" will get robbed. The robbers o↵er you the option of drawing first, last, or at any time in between. When would you take your turn?

Answers

Answer:

First

Step-by-step explanation:

Since, the probability that the first person pick the paper marked "you lose" is 1/200, which is smaller than the probability of who draws later.

Taking your turn to draw last is the most strategic choice to minimize the risk of being the unfortunate person to draw the "you lose" paper.

The optimal strategy in this scenario is to draw last.

Here's the reason:

When drawing first, you have a 1/200 chance of drawing the "you lose" paper initially.

However, if you draw last, you get to observe the outcomes of all the previous draws.

If none of the previous guests has drawn the "you lose" paper, then the odds of it being in the hat when it's your turn are 1/200.

In contrast, if someone before you draws the "you lose" paper, you won't have to draw at all since the game ends. This means that by drawing last, you have the best chance of avoiding the "you lose" paper if others before you didn't draw it.

Thus, taking your turn to draw last is the most strategic choice to minimize the risk of being the unfortunate person to draw the "you lose" paper.

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Find the sample size, n, needed to estimate the percentage of adults who have consulted fortune tellers. Use a 0.02 margin of error, use a confidence level of 98% and use results from a prior poll suggesting that 20% of adults have consulted fortune tellers.

Answers

Answer: 2172

Step-by-step explanation:

Formula to find the sample size n , if the prior estimate of the population proportion(p) is known:

[tex]n= p(1-p)(\dfrac{z^*}{E})^2[/tex] , where E=  margin of error and z* = Critical z-value.

Let p be the population proportion of adults have consulted fortune tellers.

As per given , we have

p= 0.20

E= 0.02

From z-table , the z-value corresponding to 98% confidence interval = z*=2.33

Then, the required sample size will be :

[tex]n= 0.20(1-0.20)(\dfrac{2.33}{0.02})^2[/tex]

[tex]n= 0.20(0.80)(116.5)^2[/tex]

[tex]n= 2171.56\approx2172[/tex]

Hence, the required sample size = 2172

Dullco Manufacturing claims that its alkaline batteries last at least 40 hours on average in a certain type of portable CD player. But tests on a random sample of 18 batteries from a day's large production run showed a mean battery life of 37.8 hours with a standard deviation of 5.4 hours. In a left-tailed test at α = .05, which is the most accurate statement?

We would strongly reject the claim.

We would clearly fail to reject the claim.

We would face a rather close decision.

We would switch to α = .01 for a more powerful test.

Not sure what they mean. Can you please explain why it is that answer please?

Answers

Answer:

[tex]p_v =P(t_{17}<-1.728)=0.051[/tex]    

If we compare the p value and the significance level given [tex]\alpha=0.05[/tex] we see that [tex]p_v>\alpha[/tex] so we can conclude that we have enough evidence to FAIL to reject the null hypothesis.

The best option for this case would be:

We would switch to α = .01 for a more powerful test.

Step-by-step explanation:

Previous concepts and data given  

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".  

[tex]\bar X=37.8[/tex] represent the sample mean  

[tex]s=5.4[/tex] represent the sample standard deviation  

n=18 represent the sample selected  

[tex]\alpha=0.05[/tex] significance level  

State the null and alternative hypotheses.    

We need to conduct a hypothesis in order to check if the mean is less than 40, the system of hypothesis would be:    

Null hypothesis:[tex]\mu \geq 40[/tex]    

Alternative hypothesis:[tex]\mu < 40[/tex]    

If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:    

[tex]t=\frac{\bar X-\mu_o}{\frac{s}{\sqrt{n}}}[/tex]  (1)    

t-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".    

Calculate the statistic  

We can replace in formula (1) the info given like this:    

[tex]t=\frac{37.8-40}{\frac{5.4}{\sqrt{18}}}=-1.728[/tex]      

P-value

First we need to calculate the degrees of freedom given by:

[tex]df=n-1=18-1=17[/tex]

Since is a left tailed test the p value would be:    

[tex]p_v =P(t_{17}<-1.728)=0.051[/tex]    

Conclusion    

If we compare the p value and the significance level given [tex]\alpha=0.05[/tex] we see that [tex]p_v>\alpha[/tex] so we can conclude that we have enough evidence to FAIL to reject the null hypothesis.

The best option for this case would be:

We would switch to α = .01 for a more powerful test.

Since the p values is just a little higher than th significance level 0.051>0.05  but the values are two close. If we change the value of the significance by 0.01, we have that 0.051>0.01 and it's a more powerful test.

A geologist manages a large museum collection of minerals, whose mass (in grams) is known to be normally distributed. She knows that 60% of the minerals have mass less than 5000 g, and needs to select a random sample of n = 16 specimens for an experiment. With what probability will their average mass be less than 5000 g?

Answers

Answer:

[tex]P(\bar X < 5000)=P(Z<4 (0.2533))=P(Z<1.0132)=0.845[/tex]

Step-by-step explanation:

1) 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".  

The central limit theorem states that "if we have a population with mean μ and standard deviation σ and take sufficiently large random samples from the population with replacement, then the distribution of the sample means will be approximately normally distributed. This will hold true regardless of whether the source population is normal or skewed, provided the sample size is sufficiently large".

Let X the random variable that represent the mass of minerals of a population, and for this case we know the distribution for X is given by:

[tex]X \sim N(\mu,\sigma)[/tex]  

Where [tex]\mu=?[/tex] and [tex]\sigma=?[/tex]

From the central limit theorem we know that the distribution for the sample mean [tex]\bar X[/tex] is given by:

[tex]\bar X \sim N(\mu, \frac{\sigma}{\sqrt{n}})[/tex]

2) Solution to the problem

For this case we know this condition given :

[tex]P(X<5000)=0.6[/tex]

We can use the Z score given by this formula:

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

And using this formula we got:

[tex]P(Z<\frac{5000-\mu}{\sigma})=0.6[/tex]

And we can find a value on the normal standard distribution that accumulates 0.6 of the are aon the left and 0.4 of the area on the right, on this case the value is Z=0.2533. And we can use the following excel code to find it :"=NORM.INV(0.6,0,1)"

So then we can do this:

[tex]0.2533=\frac{5000-\mu}{\sigma}[/tex]  (1)

By the other hand when we find the z score for the sample mean we have this:

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

And we want to find this probability:

[tex]P(\bar X < 5000)[/tex]

And if we use the z score formula we got:

[tex]P(Z< \frac{5000 -\mu}{\frac{\sigma}{\sqrt{16}}})=P(Z<\sqrt{16} \frac{5000-\mu}{\sigma})[/tex]  (2)

And replacing condition (1) into equation (2) we got:

[tex]P(Z<4 (0.2533))=P(Z<1.0132)=0.845[/tex]

And we can use the following excel code to find it: "=NORM.DIST(1.0132,0,1,TRUE)"

Direct mail advertisers send solicitations​ ("junk mail") to thousands of potential customers in the hope that some will buy the​ company's product. The response rate is usually quite low. Suppose a company wants to test the response to a new flyer and sends it to 1140 people randomly selected from their mailing list of over​ 200,000 people. They get orders from 122 of the recipients. Use this information to complete parts a through d.Create a 95% confidence interval for the percentage of people the company contacts who may buy something. (Show your work. Step by step)

Answers

Answer: (0.089, 0.125)

Step-by-step explanation:

Confidence interval for population proportion is given by :-

[tex]\hat{p}\pm z^*\sqrt{\dfrac{\hat{p}(1-\hat{p})}{n}}[/tex]

, where n= sample size.

[tex]\hat{p}[/tex] = Sample proportion.

z*= Critical z-value.

Let p be the population proportion of people the company contacts who may buy something.

As per given , sample size : n= 1140

Number of recipients ordered = 122

Then, [tex]\hat{p}=\dfrac{122}{1140}\approx0.107[/tex]

Critical value for 95% confidence interval = z*= 1.96 (By z-table)

So , the 95% confidence interval for the percentage of people the company contacts who may buy something:

[tex]0.107\pm (1.96)\sqrt{\dfrac{0.107(1-0.107)}{1140}}[/tex]

[tex]=0.107\pm (1.96)\sqrt{0.000083817}[/tex]

[tex]=0.107\pm (1.96)(0.00915516)[/tex]

[tex]=0.107\pm 0.018[/tex]

[tex]=(0.107-0.018,\ 0.107+0.018)=(0.089,\ 0.125)[/tex]

Hence, the 95% confidence interval for the percentage of people the company contacts who may buy something = (0.089, 0.125)

In a test of hypothesis, the null hypothesis is that the population mean is equal to 74 and the alternative hypothesis is that the population mean is less than 74. A sample of 20 elements selected from this normal population produced a mean of 68.5 and a standard deviation of 6.4. The significance level is 1%. What is the value of the test statistic, t?a) 6.372
b) -4.076
c) -2.509
d) -3.843

Answers

Answer:

Step-by-step explanation:

Final answer:

The test statistic, t, in this hypothesis testing scenario, is calculated by using the formula t = ([tex]\overline{X}[/tex] - μ₀) / (σ / √n). Substituting given values into the formula, the answer is b) -4.076.

Explanation:

In this hypothetical testing question, the test statistic, t, is calculated by dividing the difference between the sample mean and the null hypothesis mean by the standard error.

By dividing the standard deviation by the square root of the sample size, the standard error is determined. Here, the sample mean is 68.5, the null hypothesis mean is 74, the standard deviation is 6.4, and the sample size is 20.

The formula to calculate t is:

t = ([tex]\overline{X}[/tex] - μ) / (σ / √n)

Applying the given figures to the formula, the calculation is:

t = (68.5 - 74) / (6.4 / √20) = -4.076

So, the correct answer is b) -4.076.

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Provide an appropriate response. Find the variance of the binomial distribution for which n = 800 and p = 0. 87 a. 0.90 b. 0.48 c. 696 d. 32.54 e. 9.51

Answers

Final answer:

To find the variance of a binomial distribution with n = 800 and p = 0.87, use the formula Variance = n × p × (1-p). The variance in this case is approximately 90.64.

Explanation:

To find the variance of a binomial distribution, we use the formula:

Variance = n × p × (1-p)

Where n is the number of trials and p is the probability of success.

So, in this case, with n = 800 and p = 0.87, we can calculate the variance as:

Variance = 800 × 0.87 ×  (1-0.87)

Variance = 800 × 0.87 × 0.13

Variance = 90.64

Therefore, the variance of the binomial distribution is approximately 90.64.

Complete parts ​(a) through ​(c) below.

a) Determine the critical​ value(s) for a​ right-tailed test of a population mean at the α = 0.10 level of significance with 15 degrees of freedom.
​b) Determine the critical​ value(s) for a​ left-tailed test of a population mean at the α = 0.10 level of significance based on a sample size of n = 20.
c) Determine the critical​ value(s) for a​ two-tailed test of a population mean at the α = 0.05 level of significance based on a sample size of n = 18.

Answers

Answer:

a) [tex]t_{crit}=1.34[/tex]

b) [tex]t_{crit}=-1.33[/tex]

c) [tex]t_{crit}=\pm 2.11[/tex]

Step-by-step explanation:

Part a

[tex]\alpha=0.1[/tex] represent the significance level

df =15

Since is a right tailed test the critical value is given by:

[tex]t_{crit}=1.34[/tex]

And we can use the following excel code to find it: "=T.INV(0.9,15)"

Part b

[tex]\alpha=0.1[/tex] represent the significance level

n=20 represent the sample size

First we need to find the degrees of freedom given by:

[tex]df=n-1=20-1=19[/tex]

Since is a left tailed test the critical value is given by:

[tex]t_{crit}=-1.33[/tex]

And we can use the following excel code to find it: "=T.INV(0.1,19)"

Part c

[tex]\alpha=0.05[/tex] represent the significance level

n=18 represent the sample size

First we need to find the degrees of freedom given by:

[tex]df=n-1=18-1=17[/tex]

The value of [tex]\alpha=0.05[/tex] and [tex]\alpha/2 =0.025[/tex]

Since is a two tailed tailed we have two critical values is given by:

[tex]t_{crit}=\pm 2.11[/tex]

And we can use the following excel code to find it: "=T.INV(0.025,17)"

A physical fitness association is including the mile run in its secondary-school fitness test. The time for this event for boys in secondary school is known to possess a normal distribution with a mean of 450 seconds and a standard deviation of 50 seconds. The fitness association wants to recognize the fastest 10% of the boys with certificates of recognition. What time would the boys need to beat in order to earn a certificate of recognition from the fitness association? (8 pts)

Answers

Answer:

The boys need to complete the run in 385.9 seconds or less in order to earn a certificate of recognition from the fitness association.

Step-by-step explanation:

We are given the following information in the question:

Mean, μ = 450

Standard Deviation, σ = 50

We are given that the distribution of time for fitness test is a bell shaped distribution that is a normal distribution.

Formula:

[tex]z_{score} = \displaystyle\frac{x-\mu}{\sigma}[/tex]

We have to find the value of x such that the probability is 0.10

P(X<x) = 0.10

[tex]P( X < x) = P( z < \displaystyle\frac{x - 450}{50})= 0.10[/tex]

Calculation the value from standard normal z table, we have,  

[tex]P(z\leq -1.282) = 0.10[/tex]

[tex]\displaystyle\frac{x - 450}{50} = -1.282\\\\x = 385.9[/tex]

Hence, boys need to complete the run in 385.9 seconds or less in order to earn a certificate of recognition from the fitness association.

Final answer:

The boys need to beat a time of 514 seconds, which corresponds to the 90th percentile of the normal distribution with a mean of 450 seconds and a standard deviation of 50 seconds, to be in the fastest 10% and earn a certificate of recognition.

Explanation:

To determine the time the boys need to beat to be in the fastest 10% for the mile run, we need to find the corresponding z-score for the 90th percentile (since 100% - 10% = 90%) in a standard normal distribution. The z-score that correlates with the 90th percentile is approximately 1.28. We can then use the z-score formula:

Z = (X - μ) / σ

Where X is the time to beat, μ is the mean, and σ is the standard deviation. Substituting the values we know (μ = 450 seconds, σ = 50 seconds, and Z = 1.28):

1.28 = (X - 450) / 50

Multiplying both sides by 50 gives us:

64 = X - 450

Adding 450 to both sides gives:

X = 514 seconds

Therefore, boys need to beat a time of 514 seconds (or 8 minutes and 34 seconds) to earn a certificate of recognition.

A few years​ ago, a census bureau reported that​ 67.4% of American families owned their homes. Census data reveal that the ownership rate in one small city is much lower. The city council is debating a plan to offer tax breaks to​ first-time home buyers in order to encourage people to become homeowners. They decide to adopt the plan on a​ 2-year trial basis and use the data they collect to make a decision about continuing the tax breaks. Since this plan costs the city tax​ revenues, they will continue to use it only if there is strong evidence that the rate of home ownership is increasing.

Who would be harmed by a Type II error?

(A) The city, because it would lose tax revenue. Faster pace
(B) The citizens of the city, because they lose help they could have used to buy a home.
(C) The city, because it would lose homeowners.
(D) The citizens of the city, because they would have to pay higher taxes than before.
(E) There is no Type Il error in this context.

Answers

Answer:

(B) The citizens of the city, because they lose help they could have used to buy a home.

Step-by-step explanation:

Nul and alternative hypotheses are:

[tex]H_{0}:[/tex] the rate of home ownership is the same after tax cut[tex]H_{a}:[/tex] the rate of home ownership is increasing after tax cut

Type II error occurs when one fails to reject null hypothesis when the null hypothesis was wrong.

In this case Type II error happens when the conclusion is the rate of home ownership is not increasing after tax cut, where actually it is.

With this conclusion city council does not continue tax cut, and citizens of the city is harmed because they lose help they could have used to buy a home.

Final answer:

The citizens of the city would be harmed by a Type II error as they would miss out on the help to buy homes.

Explanation:

Who would be harmed by a Type II error?

(B) The citizens of the city, because they lose help they could have used to buy a home.

A Type II error in this context would harm the citizens of the city as they would miss out on the intended help in buying homes due to the failure to detect an increase in the rate of home ownership.

Suppose that X has the lognormal distribution with parameters μ and σ2. Find the distribution of 1/X.

Answers

Answer:

[tex] \frac{1}{X} \sim log N(-\mu , \sigma^2)[/tex]

Step-by-step explanation:

For this case we know that the distribution for the random variable is given by:

[tex]X \sim logN(\mu ,\sigma^2)[/tex]

The density function for the log normal random variable is given by:

[tex] f)x,\sigma) = \frac{1}{x \sigma \sqrt{2\pi}}e^{- \frac{ln x^2}{2\sigma^2}}[/tex]

And we want to find the distribution for the random variable [tex]\frac{1}{X}[/tex]

In order to find this distribution we can use the cumulative distribution function like this:

Let [tex] Y= \frac{1}{X}[/tex], if we solve for X from this transformation we got:

[tex] X= \frac{1}{Y}[/tex]

And then we have this:

[tex] F_Y (y) = P(Y \leq y) = P(X \leq \frac{1}{y}) = F_X (\frac{1}{y})[/tex]

And we can find the density function as the derivate of the distribution function like this:

[tex] f_Y (y) = F'_Y (y) = -\frac{1}{y^2} f_Y(\frac{1}{y})[/tex]

[tex] f_Y (y)= -\frac{1}{y^2} \frac{1}{\frac{1}{y} \sigma \sqrt{2\pi}} e^{- \frac{ln(\frac{1}{y})^2}{2\sigma^2}}[/tex]

But we see that we don't have an specified form for the distribution

If we assume that X follows a normal distribution [tex] X\sim N (\mu_z,\sigma^2_z)[/tex] and we use the transformation [tex]X=e^Y[/tex] we see that X follows a log normal distribution. And we see that:

[tex]\frac{1}{X}= \frac{1}{e^Y}=e^{-Y}[/tex]

And if we find the distribution of [tex]e^{-y}[/tex] we got this:

[tex] f_Y (y) = F'_Y (y) = -e^{-y} f_Y(e^{-y})[/tex]

[tex] f_Y (y)= -e^{-y} \frac{1}{e^{-y} \sigma \sqrt{2\pi}} e^{- \frac{ln(e^{-y})^2}{2\sigma^2}}[/tex]

[tex] f_Y (y) = -\frac{1}{\sigma \sqrt{2\pi}}e^{\frac{y^2}{2\sigma^2}}[/tex]

And then we see that [tex]Y= \frac{1}{X} \sim log N(-\mu , \sigma^2)[/tex]

Sheilas monthly periodic rate is 2.41%. What is her APR

Answers

Answer:

APR = 2.41% x 12 = 28.92%

Step-by-step explanation:

Her APR is 28.92%.

Final answer:

Sheila's APR is calculated by multiplying the monthly periodic rate of 2.41% by 12, yielding an APR of 28.92%.

Explanation:

The question refers to the process of calculating an Annual Percentage Rate (APR) from a given monthly periodic rate. Sheila's monthly periodic rate is 2.41%. The APR can be calculated by multiplying this monthly rate by the number of months in a year, which is 12.

To find Sheila's APR, we perform the following calculation:

APR = Monthly Periodic Rate × Number of Periods in a Year = 2.41% × 12 = 28.92%.

Hence, Sheila's APR is 28.92%.

Learn more about APR calculation here:

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which of the following statement is not true?
integers are closed under division
whole numbers are not closed under subtraction
whole numbers are closed under addition
natural numbers are closed under multiplication

Answers

Answer:

integers are closed under division

Step-by-step explanation:

Integers are not closed under division.Let us consider two integers i and j.

Then [tex]\[\frac{i}{j}\][/tex] need not necessarily be an integer. For example, 2 and 3 are integers but [tex]\[\frac{2}{3}\][/tex] is not an integer. So the first option , namely, integers are closed under division is not true.

On the other hand, the remaining three options given are correct.

What is this describing: The set of all points between R and S including R and S.


Line Segment RS


Line RS


Ray SR


Ray RS


Need answer rn !!!!

Answers

Answer:

Line segment RS

Step-by-step explanation:

Line segment RS includes all points between R and S including R and S.Line RS contains all points between R and S (including R and S) and also the points in the extended line segment RS both sides to infinity.Ray SR starts from S and extends to infinity through R.Ray RS starts from R and extends to infinity through S.

Hence the correct answer is Line segment RS.

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