a bank auditor claims that credit card balances are normally distributed, with a mean of $2870 and a standard deviation of $900. a) what is the probability that a randomly selected credit card holder has a credit card balance less than $2500? b) you randomly select 25 credit card holders. what is the probability that their mean credit card balance is less than $2500? c) compare the probabilities from a) and b).

Answers

Answer 1

(a) -0.255 is the probability that a randomly selected credit card holder has a credit card balance less than $2500. (b) You randomly select 25 credit card holders. 0.0228 is the probability that their mean credit card balance is less than $2500.

Let us pull out the critical elements

Population: Normally distributed with mean of 2870

population standard deviation = 900 standard deviation of the sample mean (standard error) is 900 / √25. or 180

As population sigma is known, we do not have apply any corrections

P(xbar < $2500) = ?    

Since μ and σ are known (population mean and standard deviation) we can use a simple Z test.

Ztest = (2500-2870 )/ 180  or -370/180 = -2.055

As this is very close to -2 one can use the rule of thumb for probability within ± 2 sigma  being 95.44% to get a close estimate.   If the area between -2 and 2 sigma = .9544 then the area outside = .0456.  Half of this (the amount under the curve LESS THAN -2) would be .0228

Using a calculator or computer for an exact answer we find (using a TI-83/86):

nmcdf(-9E6,2500,2870,180) = .0199

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Related Questions

How do you solve this? (-7 + i)(-3 + 6i).

Answers

After simplification, the solution of the expression (-7 + i)(-3 + 6i) is 15 - 45i.

In the given question we have to solve the given expression.

The given expression is (-7 + i)(-3 + 6i).

Using the distributive property to solve the given expression.

a(b+c)=ab+ac

Now simplifying the expression.

(-7 + i)(-3 + 6i) = -7(-3 + 6i) + i(-3 + 6i)

(-7 + i)(-3 + 6i) = (-7)*(-3) + (-7)*(6i) + (-3)i + (6i)i

(-7 + i)(-3 + 6i) = 21 - 42i - 3i + 6i^2

As we know that i^2 = -1. So

(-7 + i)(-3 + 6i) = 21 - 42i - 3i + 6(-1)

(-7 + i)(-3 + 6i) = 21 - 42i - 3i - 6

Simplifying

(-7 + i)(-3 + 6i) = 15 - 45i

Hence, the solution of the expression (-7 + i)(-3 + 6i) is 15 - 45i.

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Write 8433 in scientific notation.
I know the answer but can someone give me an explanation and steps.

Answers

Answer:

8.433 to the power of 4

Step-by-step explanation:

The reason is because the nukber written in scientific notation always has to be between 1-10. It can't be 84.33 or 843.3. The number has to be between 1 and 10.

Graph this function:
y = |x − 3| + 1
Click to plot the vertex first.

Answers

Given function:

y = |x − 3| + 1

Table:

x     y  

1     3

2    2

3    1

4    2

5    3

Here the vertex is (3,1).

Graph is in the image uploaded.

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For her final​ project, stacy plans on surveying a random sample of students on whether they plan to go to florida for spring break. From past​ years, she guesses that about ​% of the class goes. Is it reasonable for her to use a normal model for the sampling distribution of the sample​ proportion? why or why​ not?.

Answers

Yes, it is reasonable for her to use a normal model for the sampling distribution of the sample​ proportion. In this case, less than ten efforts have been successful. Since 5 is a lot less than 10, this is the case.

Because the data don't fit the success and failure criteria, it is not appropriate to adopt a normal model for a sampling of the sample distribution.

50 students make up the sample. The probability that she assumes 10% of the group will attend is 10%.

It will be demonstrated by:

1 - p = 1 - 10% = 1 - 0.10 = 0.90

np = 50 × 0.1 = 5. This suggests the number of victories.

Less than 10 attempts have succeeded in this instance. 5 is much less than 10, hence this case. As a result, the data does not satisfy the requirement.

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The question is -

For her final project, Stacy plans on surveying a random sample of 50 students on whether they plan to go to Florida for spring break. from past years, she guesses that about 10% of the class goes. is it reasonable for her to use a normal model for the sampling distribution of the sample proportion? why or why not?

The first container has 3 gallons 3 quarts 1 pint of diesel fuel, the second container has 5 gallons 2 quarts of diesel fuel, and the third container has 6 gallons 1 quart 1 pint of diesel fuel. what is the total quantity of diesel fuel?

Answers

The total quantity of diesel fuel is 15.75 gallons.

The total quantity of diesel fuel can be calculated by summing up all the values. But, firstly converting quarts and pint into gallons.

1 quart = 0.25 gallon

For first container, 3 quarts = 0.25 × 3

3 quarts = 0.75 gallon

For second container, 2 quarts = 0.25 × 2

2 quarts = 0.5 gallon

For third container, it has 0.25 gallon

1 pint = 0.125 gallon

For first and third container, it has 0.125 gallon

So, amount of diesel fuel in first container = 3 + 0.75 + 0.125

Amount of diesel fuel in first container = 3.875 gallons

Amount of diesel in second container = 5 + 0.5

Amount of diesel in second container = 5.5 gallons

Amount of diesel in third container = 6 + 0.25 + 0.125

Amount of diesel in third container = 6.375 gallons

So, the total quantity of diesel fuel = 3.875 + 5.5 + 6.375

The total quantity of diesel fuel = 15.75 gallons

Hence, the total quantity is 15.75 gallons.

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how heavy a load (in pounds) is needed to pull apart pieces of douglas fir 4 inches long and 1.5 inches square? data from students doing a laboratory exercise are given.

Answers

With the help of binomial distribution we can conclude our answer.

What is binomial distribution?The binomial distribution with parameters n and p is the discrete probability distribution of the number of successes in a series of n independent experiments, each asking a yes-or-no question and having its own Boolean-valued outcome: success (with probability p) or failure (with probability displaystyle q=1-pq=1-p). This distribution is used in probability theory and statistics. A Bernoulli trial, or experiment, is another name for a single success-or-failure experiment, and a Bernoulli process is another name for a series of results. For a single trial, or n = 1, the binomial distribution is a Bernoulli distribution. The popular binomial test of statistical significance is based on the binomial distribution. [1]A sample of size n drawn with replacement from is widely used to model the number of successes using the binomial distribution.

acc to our question-

The confidence interval can be found out using,

Confidence interval = Mean ± MOE                                 = 30,800 ± 1,314.8079                                  = 29,485.192 , 32,114.8

Hence, the confidence interval for the mean load required to pull the wood apart is (29,485.192 , 32,114.8).

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Please help meee!!!!!!

Answers

The required value of "b" is 7, where the equation is y = -3x + 7.

As per the given table, we take the two points (9, 1) and (3,7).

y - y₁ = (y₂ - y₁)/(x₂ -x₁ )[x -x₁]

x₁ = -3, y₁ = 16

x₂ = 1, y₂ = 4

y - y₁ = (y₂ - y₁)/(x₂ -x₁ )[x -x₁]

Substitute the values in the above equation,

y - 16 = [(4 - 16)/(1 - (-3))](x - (-3))

y - 16 = (-12/4)(x+3)

y - 16 = -3(x+3)

y - 16 = -3x - 9

y = -3x - 9 + 16

y = -3x + 7  ....(i)

Compare the given equation y = mx + b with the above equation, and we get

b = 7

Therefore, the required value of "b" is 7.

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Check the month and dollar value that represent a correct ordered pair. In April, Cathy's Clothmart had a profit of $3,000. In May, the profit was $4,000. In June, the profit was $5,000. April May June July $1,000 $2,000 $4,000 $6,000

Answers

The Cathy's Clothmart job had a profit comprises of pairings of the form (x,y), where the two integers are paired because of some relation.

In this instance, the relation is effectively "in month x it truly had a profit y" The ordered pairs are then, in a really significant sense, (April, 3000), (May, 4000), and (June, 5000). The ordered pairs can be written as follows if the month's number is used to identify them: (4,3000), (5,4000), They generally believed that both kinds of ordered pairings are generally correct.

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May, 4,000

The only correct pair is may and 4,000 because the other options don't have the proper profit to represent the corresponding months.

The credit remaining on a phone card (in dollars) is a linear function of the total calling time made with the card (in minutes). The remaining credit after 44 minutes of calls is $22.96, and the remaining credit after 68 minutes of calls is $19.12. What is the remaining credit after 81 minutes of calls?Calling Time In MinutesRemaining Credit In Dollars$

Answers

The remaining credit after 81 minutes of calls is $17.04.

Given that, the remaining credit after 44 minutes of calls is $22.96, and the remaining credit after 68 minutes of calls is $19.12.

What is the function?

Functions are the fundamental part of the calculus in mathematics. The functions are the special types of relations. A function in math is visualized as a rule, which gives a unique output for every input x.

Let x be the number of minutes and y be the number of dollars.

According to question, the ordered pair is

(44, 22.96) and (68, 19.12)

The point slope form is (y-y1)=m(x-x1)

Slope = (y2-y1)/(x2-x1)

= (19.12-22.96)/(68-44)

= -3.84/24

m= -0.16

Put m= -0.16 and (x1, y1)=(44, 22.96), we get

(y-22.96)=-0.16(x-44)

When x=81

y-22.96=-0.16(81-44)

⇒ y-22.96=-0.16×37

⇒ y-22.96=-0.16×37

⇒ y-22.96=-5.92

⇒ y=-5.92+22.96

⇒ y=17.04

Therefore, the remaining credit after 81 minutes of calls is $17.04.

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in a shipment of 54 vials, only 16 do not have hairline cracks. if you randomly select one vial from the shipment, what is the probability that it has a hairline crack?

Answers

The probability that it has a hairline crack is 19/27.

Given that;

In a shipment of 54 vials, only 16 do not have hairline cracks.

Let shipment of 54 Vials;

x(s) = 54

Let,' A ' be the event that selects 16

x(A) = 16

P(A) = x(A) / x(s)

       = 16/54

But only 16 don't have hairline Crakes;

To solve a given case;

The probability that it has a hairline crack is:

P(A') = 1 - P(A)

       = 1- 16/54

P(A') = 19/27

Hence, the probability that it has a hairline crack is 19/27.

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What is the sum of the 9th square number and the 5th cube number?

Answers

Answer:

Step-by-step explanation:

Select all of the following equation(s) that are quadratic in form. x4 – 6x2 – 27 = 0 3x4 = 2x 2(x + 5)4 + 2x2 + 5 = 0 6(2x + 4)2 = (2x + 4) + 2 6x4 = -x2 + 5 8x4 + 2x2 – 4x = 0

Answers

The equations that are quadratic in form include:

A. x⁴ – 6x²– 27 = 0

D. 6x⁴ = -x² + 5

E. 8x⁴ + 2x² – 4x = 0

What is a quadratic equation?

A quadratic equation simply refers to the equation which is in an algebraic equation that is of the second degree.

It should be noted that a quadratic equation is in the form of ax² + bx + c = 0.

In this situation, a and b are the coefficients while c is the constant in the equation.

Therefore, based in the information given, the correct options are A, D, abd E.

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Answer:

The equations that are quadratic in form include:

A. x⁴ – 6x²– 27 = 0

D. 6x⁴ = -x² + 5

E. 8x⁴ + 2x² – 4x = 0

Step-by-step explanation:

b According to estimates, there are over 300 million people living in the Unite
States. How many Neyland Stadiums would it take to hold 300 million people

Answers

Answer:

it would take 3,000 neyland stadiums to take 300milion people is rounded i hope this helps

Step-by-step explanation:

Is it a, b, or c, and if A what goes in the box

Answers

Answer is (a) The solution set is {x | (-∞,-7)∪(5,12)}.

Given equation,

[tex]\frac{(x-5)(x+7)}{x-12} < 0[/tex]

For values (-∞,-7)

equation stands true

For values (-7,5)

equation stands false

For values (5,12)

equation stands true

For values (12,∞)

equation stands false

Hence, x ∈ (-∞,-7)∪(5,12).

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in which of the following african countries is the population growth rate above 2.5% and life expectancy at least 61 years old?

Answers

i’m pretty sure the answer is ethiopia

Answer: Ethiopia has a population growth rate above 2.5% and a life expectancy of 61 years old

These points are linear.
Find the slope.
x 56 7 8 9
y| 11 | 16 | 21 | 26 | 31
Hint: First calculate the change
between each y-value.
[?]
Slope =

Answers

The slope is m = 5.

What is slope?

The change in y coordinate relative to the change in x coordinate is referred to as a line's slope in mathematics. The symbols Δy and Δx stand for the net change in the y-coordinate and the net change in the x-coordinate, respectively. where "m" denotes a line's gradient. tanθ then represents the slope of a line.

We have to find the slope of the points given.

First to find the change between each y - value.

16 - 11 = 5

21 - 16 = 5

26 - 21 = 5

31 - 26 = 5

So the change between each y - value is 5.

Now, to find the slope of the points.

Since,

Slope = m = [tex]\frac{y_2-y_1}{x_2-x_1}[/tex]

[tex]m_1=\frac{16-11}{6-5}= \frac{5}{1} =5\\ m_2=\frac{21-16}{7-6}=\frac{5}{1} =5\\ m_3=\frac{26-21}{8-7}=\frac{5}{1}=5\\m_4=\frac{31-26}{9-8}=\frac{5}{1} =5[/tex]

Hence, the slope of the given points is 5.

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Answer:

The answer is 5

Step-by-step explanation:

Though there is also a bottom number, just put a 1 in the bottom number

There are 95 males and 125 females participating in a marathon. What
percent of the participants are female? Round your answer to the nearest
hundredth.

Answers

Answer: 55.56%

Step-by-step explanation:

To find the percentage, we need to do part over whole. Part being the females and the total marathon runners being the total. So that would be 95/95+125, then 95/225, then 55.555555 and repeating. Then we would round that to 55.56%.

Determine the value of y for the inequality 2 times the quantity y plus one third end quantity is greater than two thirds. Y is greater than negative 1 over 36 y is less than negative 1 over 36 y > 0 y < 0

Answers

The solution to the inequality is y < -12 ( y less than negative 12).

Given inequality is;

y + 15 less-than 3

y+15<3

For solving the inequality, we will subtract 15 from both sides in order to find y.

Subtracting 15 from both sides of inequality

The solution to the inequality is y < -12 ( y less than negative 12).

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Which graph represents the system of equations –3x + y = 3 and –x + 2y = –4?

Answers

The graph represents the system of equations -3x + y = 3 and -x + 2y = -4 is option (b) On a coordinate plane, 2 lines intersect at (negative 2, negative 3).

The system of equation are

-3x + y = 3

-x + 2y = -4

Here we have to use the substitution method

-3x + y = 3

y = 3 + 3x

Substitute the value of y in the second equation

-x + 2(3 + 3x) = -4

-x + 6 + 6x = -4

-x + 6x = -4-6

5x = -10

x = -10/5

x = -2

Substitute the value of x in the first equation

-3x + y = 3

-3(-2) + y = 3

6 + y = 3

y = 3 - 6

y = -3

Hence, the graph represents the system of equations -3x + y = 3 and -x + 2y = -4 is option (b) On a coordinate plane, 2 lines intersect at (negative 2, negative 3).

The complete question is:

Which graph represents the system of equations –3x + y = 3 and –x + 2y = –4?

a) On a coordinate plane, 2 lines intersect at (3, 0).

b) On a coordinate plane, 2 lines intersect at (negative 2, negative 3).

c) On a coordinate plane, 2 lines intersect at (negative 1.5, 1).

d) On a coordinate plane, 2 lines intersect at (1.5, 2.5).

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Answer:

B

Step-by-step explanation:

both point intersect at ( -2, -3)

suppose that prior to conducting a coin-flipping experiment, we suspect that the coin is fair. how many times would we have to flip the coin in order to obtain a 99% confidence interval of width of at most .18 for the probability of flipping a head? (note that the z-score was rounded to three decimal places in the calculation) a) 164 b) 205 c) 167 d) 212 e) 202 f) none of the above

Answers

The coin is flipped at least 52 times in order to obtain a 99% confidence interval of width of at most . 18 for the probability of flipping a head.

Hence, Option F is correct answer.

In a sample with a number n of people surveyed with a probability of a success of π , and a confidence level of (1-α), we have the following confidence interval of proportions.

[tex]\pi[/tex] ± z[tex]\sqrt{\frac{\pi \p(1-\pi )}{n} }[/tex]

z is the z-score that has a pvalue of [tex]1-\frac{\alpha }{2}[/tex]

Since, the coin is fair, so [tex]\pi =0.5[/tex].

The margin of error is:

[tex]M=z\sqrt{(\frac{\pi (1-\pi )}{n} )}[/tex]

99% confidence level:

So [tex]\alpha =0.01[/tex] ,z is the value of Z that has a p value of 1-[tex]\frac{0.01}{2}[/tex]=0.995,

so Z= 2.575

How many times would we have to flip the coin ?

We have to flip the coin in order to obtain a 99% confidence interval of width of at most 18 for the probability of flipping a head at least n times.

n is found when M=0.18 .

So

M=[tex]z\sqrt{\frac{\pi (1-\pi )}{n} }[/tex]

[tex]0.18=2.575\sqrt{\frac{0.5*0.5}{n} }[/tex]

[tex]0.18\sqrt{n} =2.575*0.5[/tex]

[tex]\sqrt{n}=\frac{2.575*0.5}{0.18}[/tex]

[tex]\sqrt{n} ^{2} =(\frac{2.575*0.5}{0.18} )^{2}[/tex]

n = 51.16

Thus, we have to flip the coin at least 52 times.

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Use the information given to enter an equation in standard form.
Slope is 6, and (1, 8) is on the line.

Answers

Answer:

y=6x+2

Step-by-step explanation:

y=mx+c

8=6(1)+c

8=6+c

c=2

y=6x+2

ESSENTIAL
Chuck
Match up each scenario with the equation that models the word problem.
Skate rental charges an additional $3.
Jeff is 3 years less than Tony's age.
Marie buys balloons for a party that
are $3.00 each.
Intro
y=x+3
y=x-3
y = 3x
Done
En this is the answer

Answers

The following are the equations which matches the given word problems:

a. Skate rental charges an additional $3 :

y = x+3

b. Jeff is 3 years less than Tony's age:

y=x-3

c. Marie buys balloons for a party that are $3.00 each:

y = 3x

Given, we have the word problems:

a. Skate rental charges an additional $3 :

here, based on the fixed charge, additional charge is taken as $3.

let the total charge be represented as y and

x represent the fixed charge,

hence the equation we get is:

y = x+3

b. Jeff is 3 years less than Tony's age.

let y represent the age of Jeff

and x represent the age of Tony.

hence we frame the equation as:

y = x - 3

c. Marie buys balloons for a party that are $3.00 each:

let the cost of the balloon be represented as y

and x represent the number of balloons Marie wants to buy for $3 each.

hence the equation we frame is:

y = 3x

Hence we get the required equations.

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An emperor penguin dive down into the ocean at a contant rate. From the urface, he dive 1,760 feet in 8 minute. The number −1,760 repreent the location of the penguin in relation to the urface. What number repreent the location of the penguin in relation to the urface 2 minute after beginning hi dive?

Answers

The number that represents the location of the penguin in relation to the surface 2 minutes after beginning his dive is 440.

An emperor penguin dives down into the ocean at a constant rate. From the surface, he dives 1,760 feet in 8 minutes. The number 1,760 represents the location of the penguin in relation to the surface. We need to find out the number that represents the location of the penguin in relation to the surface two minutes after he begins his dive.

First, we will calculate the speed of the penguin. The speed is represented by the variable "s".

s = 1,760/8

s = 220 feet per minute

The location of the penguin after 2 minutes is calculated below.

d = 2×s

d = 2×220

d = 440

Hence, the number that represents the location of the penguin in relation to the surface 2 minutes after beginning his dive is 440.

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Finding the derivatives using The Chain Rule

Answers

a) The derivative of the composite function is F'(x) = [2 · [(1 / 3) · x³ + 7] + 6] · x².

b) The standard form of the polynomial is F'(x) = (2 / 3) · x⁵ + 7 · x².

How to determine the derivative of a function by chain rule

Chain rule is a differentiation rule use to find the derivative of a composite function of the form f(u(x)), whose operation is defined below:

df / dx = (df / du) · (du / dx)

a) Let be f(x) = x² + 6 · x - 40 and g(x) = (1 / 3) · x³ + 7, such that F(x) = f(g(x)). Then, the resulting expression for the derivative of the function is obtained below:

F'(x) = [2 · g(x) + 6] · g'(x)

F'(x) = [2 · [(1 / 3) · x³ + 7] + 6] · x²

b) Now we proceed to expand the polynomial in its standard form:

F'(x) = [(2 / 3) · x³ + 7] · x²

F'(x) = (2 / 3) · x⁵ + 7 · x²

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An adult sleeps about 480 minutes per day an infant sleeps about 820 minutes per day about how many more minutes does an infant sleep than an adult in one week. What is the given information that will be used to solve the problem?

Answers

Answer:2380 minutes. By saying how many more minutes does an infant sleep than an adult in one week impies that you have to subtract how long an adult sleeps taken away from the amount of time an infinte sleeps. Once you get the answer you multiply it by seven.

Step-by-step explanation:

Answer:340 minutes

Step-by-step explanation:you subtract the amount an infant sleeps (820 minutes) by the amount an adult sleeps (480 minutes)

820-480=340

10 POINTS!

What is the equation of the line in standard form?
(-3,2) and (2,-1)

Answers

Answer: y = -.06x + 0.2

Step-by-step explanation: Find the slope by plugging in the given values to the slope formula to find that the slope is -0.6. Next, determine the y-intercept is b=y1−m⋅x1: b = 2 - (-0.6) ⋅ (-3) = 0.2 Finally, the equation of the line can be written in standard form y= -0.6x + 0.2.

Complete the equation so that it has no solution.
9(x – 4) – 5x =__x-30

Answers

For the given equation 9(x-4) -5x = __x -30 has no solution when it is written as 9(x - 4) -5x = 4x -30.

As given in the question,

Given equation is equal to :

9 ( x - 4) - 5x = _ x - 30

Simplify Left hand side of the given equation we get,

9 ( x - 4) -5x

= 9x - 36 - 5x

Collect the like terms we have,

9x - 5x - 36

= 4x - 36

Now compare left hand side and right hand side to get no solution of the equation,

4x -36 = _x -30

Blank should be filled by 4

Therefore, for the given equation 9(x-4) -5x = __x -30 has no solution when it is written as 9(x - 4) -5x = 4x -30.

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Solve for x:-
[tex]\sf 5 + 2x = 2x + 6[/tex]

Answers

Answer:

No solution (0 = 1)

Step-by-step explanation:

Given equation,

→ 5 + 2x = 2x + 6

Then the value of x will be,

→ 5 + 2x = 2x + 6

→ 2x = 2x + 6 - 5

→ 2x - 2x = 1

→ 0 = 1

Hence, there is no solution.

[tex]\boxed{\begin{array}r \large{ \tt solution \: : } \: \: \: \: \: \\ \\ { \longrightarrow5 + 2x = 2x + 6}  \\ \\ \\ ( \sf 2x \: \: present \: \: on \sf\: \: both \: \: \\ \sf sides \: \: of \: \: equality \: \: \: \\ \sf \: \: gets \: \: \sf canceled\: \: out) \\ \\ \sf \longrightarrow5 \neq6 \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \: \\ \\ \tt \: \: therefore \: \: there \: \: is \\ \tt no \: \:solution \: \: for \: \: x \: \: \\ \\ \tt that \: \: is \: \: no \: \: value \: \: \: \: \\ \tt \: of \: \: x \: \: that \: \: satisfies \\ \tt the \: \: given \: \: equation\end{array} }[/tex]

Find quotient of 1/3 divided by 5/6

Answers

Answer:

2/5

Step-by-step explanation:

flip 5/6 to become 6/5 then cross reduce then cross multiply

-3(4x-7) please answer quickly!!

Answers

-12x+21 is the correct simplified answer :)
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