According to the Mortgage Bankers Association, 21% of U.S. mortgages were delinquent last year. A delinquent mortgage is one that has missed at least one payment but has not yet gone to foreclosure. A random sample of seven mortgages was selected. What is the standard deviation of this distribution

Answers

Answer 1

Answer:

The standard deviation for the number of delinquent mortgages in the sample is 1.08.

Step-by-step explanation:

For each mortgage, there are only two possible outcomes. Either it is delinquent, or it is not. The probability of a mortgage being delinquent is independent of other mortgages. So we use the binomial probability distribution to solve this question.

Binomial probability distribution

Probability of exactly x sucesses on n repeated trials, with p probability.

The standard deviation of the binomial distribution is:

[tex]\sqrt{V(X)} = \sqrt{np(1-p)}[/tex]

21% of U.S. mortgages were delinquent last year.

This means that [tex]p = 0.21[/tex]

A random sample of seven mortgages was selected.

This means that [tex]n = 7[/tex]

What is the standard deviation of this distribution

[tex]\sqrt{V(X)} = \sqrt{7*0.21*0.79} = 1.08[/tex]

The standard deviation for the number of delinquent mortgages in the sample is 1.08.


Related Questions


In the triangles below, m B = MZP and mZT = m J.
What is the length of PQ?
6
3
5
12

Answers

I can't solve it because it didn't have enough information

A customer visiting the suit department of a certain store will purchase a suit with probability 0.22, a shirt with probability 0.30, and a tile with probability 0.28. The customer will purchase both a suit and a shirt with probability 0.11, both a suit and a tie with probability 0.14, and both a shirt and a tie with probability 0.10. A customer will purchase all 3 items with probability 0.06. What’s the probability that a customer purchase: (a) none of these items? (b) exactly 1 of these items?

Answers

Answer:

a. The probability that a customer purchase none of these items is 0.49

b. The probability that a customer purchase exactly 1 of these items would be of 0.28

Step-by-step explanation:

a. In order to calculate the probability that a customer purchase none of these items we would have to make the following:

let A represents suit

B represents shirt

C represents tie

P(A) = 0.22

P(B) = 0.30

P(C) = 0.28

P(A∩B) = 0.11

P(C∩B) = 0.10

P(A∩C) = 0.14

P(A∩B∩C) = 0.06

Therefore, the probability that a customer purchase none of these items we would have to calculate the following:

1 - P(A∪B∪C)

P(A∪B∪C) =P(A) + P(B) + P(C) − P(A ∩ B) − P(A ∩ C) − P(B ∩ C) + P(A ∩ B ∩ C)

= 0.22+0.28+0.30-0.11-0.10-0.14+0.06

= 0.51

Hence, 1 - P(A∪B∪C) = 1-0.51 = 0.49

The probability that a customer purchase none of these items is 0.49

b.To calculate the probability that a customer purchase exactly 1 of these items we would have to make the following calculation:

= P(A∪B∪C) - ( P(A∩B) +P(C∩B) +P(A∩C) - 2  P(A ∩ B ∩ C))

=0.51 -0.23 = 0.28

The probability that a customer purchase exactly 1 of these items would be of 0.28

Which triangle’s area would be calculated using the trigonometric area formula?


Triangle E F D is shown. The length of E F is 10, the length of D F is 7, and the length of D E is 12.


Triangle Q R P is shown. The length of Q R is 5 and the length of R P is 6. Angle Q R P is 40 degrees.


Triangle A B C is shown. The length of A B is 4 and the length of B C is 5. Angle B C A is 25 degrees.


Triangle X Y Z is shown. The length of Y Z is 4. Angle Z X Y is 29 degrees and angle X Y Z is 110 degrees.

Answers

Answer:

Triangle Q R P is shown. The length of Q R is 5 and the length of R P is 6. Angle Q R P is 40 degrees.

Step-by-step explanation:

The trigonometric formula refers the two sides length of the triangle and it also consists of included angle to find out the area

A = [tex]\frac{1}{2}[/tex] ab sin C

QPR contains two sides and the included angle

XYZ has one side and the two angles

DEF has only three sides

And, the ABC contains two sides but does not have the included angle

Based on the explanation above, the correct option is B

Answer: the second option aka B

Step-by-step explanation: The other person explained it and I'm just here to tell you they gave the correct and answer for edge 2020.

Isaac is organizing a 5-kilometer road race. The safety committee
recommends having a volunteer every 1 of a kilometer and at
the finish.
| Are 10 volunteers enough?​

Answers

Answer:

10 volunteers are more than recommended

Step-by-step explanation:

  The recommended number of volunteers is five (5)

  Since the the distance of the race is 5km,

and the safety committees recommends 1 volunteer per kilometre.

Hence ten (10) volunteers is more than enough

If the discriminant of a quadratic equation is equal to -8, which statement describes the roots?
There are two complex roots.
There are two real roots.
There is one real root.
There is one complex root.

Answers

Answer:

There are two complex roots.

Step-by-step explanation:

When the discriminant is a negative number, the parabola will not intersect the x-axis. This means that there are no solutions/two complex solutions.

A container holds less than 4 gallons of paint. Which inequality represents q, the number of quarts of paint it can hold? Recall that 4 quarts equal 1 gallon. A. q 1 C q 16

Answers

Answer:

q<16

Step-by-step explanation:

Multiply four quarts by four gallons. This gives us 16. Now, since it says less than, and not less than or equal to, we use < symbol. q<16

Answer:

q<16

Step-by-step explanation:

Simplify this equation x2-5x-36​

Answers

Answer:

[tex]=\left(x+4\right)\left(x-9\right)[/tex]

Step-by-step explanation:

[tex]x^2-5x-36\\\mathrm{Break\:the\:expression\:into\:groups}\\=\left(x^2+4x\right)+\left(-9x-36\right)\\\mathrm{Factor\:out\:}x\mathrm{\:from\:}x^2+4x\mathrm{:\quad }x\left(x+4\right)\\\mathrm{Factor\:out\:}-9\mathrm{\:from\:}-9x-36\mathrm{:\quad }-9\left(x+4\right)\\=x\left(x+4\right)-9\left(x+4\right)\\\mathrm{Factor\:out\:common\:term\:}x+4\\=\left(x+4\right)\left(x-9\right)[/tex]

(Please hurry)

Explain how to find the value of x

Answers

Answer:

96

Step-by-step explanation:

Exterior angles add up to 360

360 - 134-130 = 96

x = 96

Zed went to the store and bought a bag of chips. He estimated there would 1 point
be 350 chips in the package, but realized there were only 210 chips in that
package. What was his percent error?'​

Answers

Answer:

66.67%

Step-by-step explanation:

They do not say that I estimate a value of 350 chips but in reality there were 210 chips in total, we have that the error formula is:

Percentage error (%) = (estimated value - actual value) / actual value × 100 (in absolute value)

replacing:

Percentage error (%) = | 350 - 210 | / 210 × 100

Percentage error (%) = 140/210 * 100

Percentage error (%) = 66.67

Which means that the percentage error is 66.67%

What is the solution to the equation a+5-2/3=9

Answers

Answer:

a= [tex]\frac{14}{3}[/tex]

a≈4.6

Step-by-step explanation:

a+5- [tex]\frac{2}{3}[/tex] =9

a+ [tex]\frac{15}{3} -\frac{2}{3}[/tex] =9

a+ [tex]\frac{13}{3}[/tex] =9

Subtract [tex]\frac{13}{3}[/tex] from both sides

a=[tex]\frac{14}{3}[/tex]

a≈4.6

Answer:

a

Step-by-step explanation:

Please answer this question for me thank you !! 20 Points !! Will give brainliest !!

Answers

Answer:

b

Step-by-step explanation:

In a parralel graph, the slopes would always be the same. The intercept in the answer is 2, showing that the coordinate points are (0,2)

Hope this helps!:)

Answer:

B) y = 2x + 2

Step-by-step explanation:

Firstly, you have to know that parallel lines have congruent slopes. That means that the slope of this line will be 2.

Next, make a point slope form of the equation:

y - y1 = m(x - x1)

y - 2 = 2(x - 0)

y - 2 = 2x - 0

Now, we can make it into slope intercept form.

y - 2 = 2x

y = 2x + 2

Hope this helps :)

8 cm
10 cm
The surface area of the above figure is
A. 816.8 cm2
B. 879.6 cm2
C. 565.5 cm2
D. 1131.0 cm

Answers

Hi there u have not given us the figure please correct the answer and I will send my answer.Is it a cylinder cuboid cube or?

How do I set up this problem. I'm lost

Answers

Answer:

the answer is 64 .

Step-by-step explanation:

basically i just divided 48 by 2.4 and got 20 .. so that means that 20 has to be the multiplied factor so i just multiplied 3.2 by 20 and got 64.

please hurry I’ll make brainiest


A marble is thrown off of a balcony, towards the ground, from a height
of 18 feet above ground level, with a velocity of 4.5 feet per second.
Which function could be used to model the height of the marble, after
t seconds?

Answers

Answer:

Option (3)

Step-by-step explanation:

A stone has been thrown off towards the ground from a height [tex]h_{0}[/tex] = 18 feet

Initial speed of the stone 'u' = 4.5 feet per second

Since height 'h' of a projectile at any moment 't' will be represented by the function,

h(t) = ut - [tex]\frac{1}{2}(g)(t)^2[/tex] + [tex]h_{0}[/tex]

h(t) = 4.5t - [tex]\frac{1}{2}(32)t^2[/tex]+ 18 [ g = 32 feet per second square]

h(t) = 4.5t - 16t² + 18

h(t) =-16t² + 4.5t + 18

Therefore, Option (3) will be the answer.

The number of electrical outages in a city varies from day to day. Assume that the number of electrical outages ( x ) in the city has the following probability distribution.xf (x)00.8010.1520.0430.01The mean and the standard deviation for the number of electrical outages (respectively) are _____.

Answers

Answer:

Therefore, the mean and the standard deviation for the number of electrical outages (respectively) are 0.26 and 0.5765 respectively.

Step-by-step explanation:

Given the probability distribution table below:

[tex]\left|\begin{array}{c|cccc}x&0&1&2&3\\P(x)&0.8&0.15&0.04&0.01\end{array}\right|[/tex]

(a)Mean

Expected Value, [tex]\mu =\sum x_iP(x_i)[/tex]

=(0*0.8)+(1*0.15)+(2*0.04)+(3*0.01)

=0+0.15+0.08+0.03

Mean=0.26

(b)Standard Deviation

[tex](x-\mu)^2\\(0-0.26)^2=0.0676\\(1-0.26)^2=0.5476\\(2-0.26)^2=3.0276\\(3-0.26)^2=7.5076[/tex]

Standard Deviation [tex]=\sqrt{\sum (x-\mu)^2P(x)}[/tex]

[tex]=\sqrt{0.0676*0.8+0.5476*0.15+3.0276*0.04+7.5076*0.01}\\=\sqrt{0.3324}\\=0.5765[/tex]

Therefore, the mean and the standard deviation for the number of electrical outages (respectively) are 0.26 and 0.5765 respectively.

A stuffed animal business has a total cost of production C=12x+30 and a revenue function R=20x. Find the break-even point and express it as an ordered pair in the form (x,y).

Answers

Answer:

The break-even point is when x is equal to 3.75

Step-by-step explanation:

At the break-even point, total cost function is equal to the total revenue function. In that regard, break-even is when;

C = 12x + 30 is equal to R = 20x.

thus, 12x + 30 = 20x

then, 12x - 12x + 30 = 20x - 12x

therefore, 30 = 8x

then, 30/8 = 8x/8

finally, x = 15/4 or 3.75

A stuffed animal business has a total cost of production C=12x+30 and a revenue function R=20x, the Break even point is (3.75,75)

Given :

A stuffed animal business has a total cost of production C=12x+30 and a revenue function R=20x.

Break even point occurs when revenue = cost

R=C

Replace the expression and solve for x

[tex]R=C\\20x=12x+30\\20x-12x=30\\8x=30\\divide \; by \; 8\\x=\frac{15}{4}\\x=3.75[/tex]

Now we find out y using Revenue

[tex]R= 20x\\R=20(3.75)\\R=75[/tex]

So y is 75

Break even point is (3.75,75)

Learn more : brainly.com/question/15281855

What’s the correct answer for this question?

Answers

Answer: choice D 1/2

Step-by-step explanation:

Events A and B are independent if the equation P(A∩B) = P(A) · P(B) holds true.

so

1/6=1/3*p(A)

p(A)=1/2

I NEED HELP WITH THIS PLEASE HELP ME

Answers

Answer:

156 minutes

Step-by-step explanation:

So we need to create an equation to represent how Frank's phone company bills him

I will denote "y" as the total for his billI will denote "x" as the number of minutes Frank uses

So the phone company charges an $8 monthly fee, so this value remains constant and will be our "y-intercept"

They then charge $0.06 for every minute he talks, this will be our "slope"

Combining everything into an equation, we have: y = 0.06x + 8

Now since we were given Franks phone bill total and want to figure out how many minutes he used, we just need to solve the equation for x and plug in our known y value

y = 0.06x + 8 → y - 8 = 0.06x → [tex]x=\frac{y-8}{0.06}[/tex] Then plugging in our y value we get [tex]x=\frac{17.36-8}{0.06}=\frac{9.36}{0.06}= 156[/tex]

Frank used up a total of 156 minutes

18. The servicing of a machine requires two separate steps, with the time needed for the
first step being an exponential random variable with mean 0.2 hour and the time for the
second step being an independent exponential random variable with mean 0.3 hour. If a
repair person has 20 machines to service, what is approximately the probability that all the
work can be completed in 8 hours?

Answers

Answer:

Step-by-step explanation:

Let X denote the first step

Let Y denote the second step

Then

E(X) = 0.2

E (Y) = 0.3

V (X) = 0.04

V (Y) = 0.09

Now,

E(X,Y) = E[X] + E{Y}

0.2 + 0.3 = 0.5

And since X and Y are independent

Therefore,

V(X , Y) = V(X) + V(Y)

= 0.04 + 0.09

= 0.13

Now required probability is

[tex]P\{ \sum X_i+\sum Y_i<8 \}=P\{ \frac{\sum X_i + \sum Y_i-nE[X+Y]}{\sqrt{Var(X+Y)n} } <\frac{8-20\times0.5}{\sqrt{0.13\times20} } \}\\\\=P\{Z_n<\frac{8-10}{\sqrt{2.6} } \}\\\\=P\{Z_n<-1.24\}[/tex]

= Φ(-1.24)

= 1 - Φ (1.24)

= 1 - 0.8925

= 0.1075


Please answer this correctly

Answers

Answer:

Stem | Leaf

    13 | 4 9 9

    16 | 0 2 3 6

Step-by-step explanation:

134, 139, 139

160, 162, 163, 166

I need help asaap!!!!

Answers

Answer:

Answer choice 3

Step-by-step explanation:

Option 3 is correct one

∠TQS ≅ ∠RSQ

⇒ ΔTQS ≅ ΔRSQ

⇒ QR≅ST and QT≅RS

QRST is parallelogram by definition

Answer:

Option 3

Step-by-step explanation:

Angle TQS is congruent to angle RSQ and can be proved by alternating interior angle theorem.

Triangle TQS is congruent to triangle RSQ.

Line QR is congruent to line ST.

Line QT is congruent to line RS.

Nam owns a used car lot. He checked the odometers of the cars and recorded how far they had driven. He
then created both a histogram and a box plot to display this same data (both diagrams are shown below).
Which display can be used to find how many vehicles had driven more than 200,000 km (kilometers)?
Choose 1 answer:

Answers

Answer:

a histogram

Step-by-step explanation:

You can count easily from hiistogram how many vehicles had driven more than 200,000 km (kilometers) and that's not the case with the box plot

if you’re good with permutations in math 30 help out with this easy question


In how many ways can five boys and three girls sit in a row such that all boys sit together?

a) 4800

b) 5760

c) 2880

d) 1440

Answers

Answer:

2880

Step-by-step explanation:

Consider the 5 boys to be 1 group.  The boys and 3 girls can be arranged in 4! ways.

Within the group, the boys can be arranged 5! ways.

The total number of permutations is therefore:

4! × 5! = 2880

If a variable has a distribution that is​ bell-shaped with mean 16 and standard deviation 6​, then according to the Empirical​ Rule, 99.7​% of the data will lie between which​ values? g

Answers

Answer:

99,7 % of all values will be in the interval ( -2 ; 34)

Step-by-step explanation:

Empirical Rule for the normal distribution with mean X,  implies that the intervals :

X ± σ             will contain  68 % of all values

X ± 2σ           will contain  95 % of all values

X ± 3σ           will contain  99,7 % of all values

Therefore in the interval    X  - 3σ   ;   X + 3σ

X - 3*6    =  X  -18  =  16 - 18 = -2

And

X + 3*6  = X + 18   = 16 + 18 = 34

99,7 % of all values will be in the interval ( -2 ; 34)

SELECT THE EQUIVALENT EXPRESSION
(6^-4 x 8^-7)^-9
A. 6^36•8^63
B. 1/6^13•8^16

Answers

Answer:

A

Step-by-step explanation:

Calculate the products in the multiple choice and see if any equal the product in the problem.

Hence as the products calculated in choice A equal that in the problem;the answer is A

If (-2, y) lies on the graph of y=3x, then y=
1/9
0-6

Answers

hi

if   reduce equation of line is   y = 3x  

and if  x = -2  so y = 3*-2 = -6

In a grinding operation, there is an upper specification of 3.150 in. on a dimension of a certain part after grinding. Suppose that the standard deviation of this normally distributed dimension for parts of this type ground to any particular mean dimension LaTeX: \mu\:is\:\sigma=.002 μ i s σ = .002 in. Suppose further that you desire to have no more than 3% of the parts fail to meet specifications. What is the maximum (minimum machining cost) LaTeX: \mu μ that can be used if this 3% requirement is to be met?

Answers

Answer:

Step-by-step explanation:

Let X denote the dimension of the part after grinding

X has normal distribution with standard deviation [tex]\sigma=0.002 in[/tex]

Let the mean of X be denoted by [tex]\mu[/tex]

there is an upper specification of 3.150 in. on a dimension of a certain part after grinding.

We desire to have no more than 3% of the parts fail to meet specifications.

We have to find the maximum [tex]\mu[/tex] such that can be used if this 3% requirement is to be meet

[tex]\Rightarrow P(\frac{X- \mu}{\sigma} <\frac{3.15- \mu}{\sigma} )\leq 0.03\\\\ \Rightarrow P(Z <\frac{3.15- \mu}{\sigma} )\leq 0.03\\\\ \Rightarrow P(Z <\frac{3.15- \mu}{0.002} )\leq 0.03[/tex]

We know from the Standard normal tables that

[tex]P(Z\leq -1.87)=0.0307\\\\P(Z\leq -1.88)=0.0300\\\\P(Z\leq -1.89)=0.0293[/tex]

So, the value of Z consistent with the required condition is approximately -1.88

Thus we have

[tex]\frac{3.15- \mu}{0.002} =-1.88\\\\\Rrightarrow \mu =1.88\times0.002+3.15\\\\=3.15[/tex]

Expansion Numerically Impractical. Show that the computation of an nth-order determinant by expansion involves multiplications, which if a multiplication takes sec would take these times:
n 10 15 20 25
Time 0.004 sec 22 min 77 years 0.5.109years

Answers

Answer:

number of multiplies is n!n=10, 3.6 msn=15, 21.8 minn=20, 77.09 yrn=25, 4.9×10^8 yr

Step-by-step explanation:

Expansion of a 2×2 determinant requires 2 multiplications. Expansion of an n×n determinant multiplies each of the n elements of a row or column by its (n-1)×(n-1) cofactor determinant. Then the number of multiplies is ...

  mpy[n] = n·mp[n-1]

  mpy[2] = 2

So, ...

  mpy[n] = n! . . . n ≥ 2

__

If each multiplication takes 1 nanosecond, then a 10×10 matrix requires ...

  10! × 10^-9 s ≈ 0.0036288 s ≈ 0.004 s . . . for 10×10

Then the larger matrices take ...

  n=15, 15! × 10^-9 ≈ 1307.67 s ≈ 21.8 min

  n=20, 20! × 10^-9 ≈ 2.4329×10^9 s ≈ 77.09 years

  n=25, 25! × 10^-9 ≈ 1.55112×10^16 s ≈ 4.915×10^8 years

_____

For the shorter time periods (less than 100 years), we use 365.25 days per year.

For the longer time periods (more than 400 years), we use 365.2425 days per year.

The mean family income for a random sample of 600 suburban households in Loganville shows that a 95 percent confidence interval is ($43,100, $59,710). Alma is conducting a test of the null hypothesis H0: µ = 42,000 against the alternative hypothesis Ha: µ ≠ 42,000 at the α = 0.05 level of significance. Does Alma have enough information to conduct a test of the null hypothesis against the alternative?

Answers

Answer:

[tex] 43100 \leq \mu \leq 59710[/tex]

And for this case we want to test the following hypothesis:

Null hypothesis: [tex] \mu =42000[/tex]

Alternative hypothesis: [tex] \mu \neq 42000[/tex]

For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000

Step-by-step explanation:

The confidence interval for the mean is given by the following formula:

[tex]\bar X \pm t_{\alpha/2}\frac{s}{\sqrt{n}}[/tex]   (1)

And for this case the 95% confidence interval is already calculated as:

[tex] 43100 \leq \mu \leq 59710[/tex]

And for this case we want to test the following hypothesis:

Null hypothesis: [tex] \mu =42000[/tex]

Alternative hypothesis: [tex] \mu \neq 42000[/tex]

For this case since the lower value of the confidence interval is higher than 42000 we have enough evidence to reject the null hypothesis at the 55 of significance and we can conclude that the true mean is significantly different from 42000

Answer: Yes, because $42,000 is not contained in the 95% confidence interval, the null hypothesis would be rejected in favor of the alternative, and it could be concluded that the mean family income is significantly different from $42,000 at the α = 0.05 level

Step-by-step explanation:

took the test

If a triangle has sides that are 21 and 6 what is the range for third side x?
Enter your answer without spaces in range format.
Example: 1<x<3​

Answers

Answer:

15<x<27

Step-by-step explanation:

Rule for the sides of a triangle:

The sum of the two smallest sides of a triangle must be greater than the biggest side.

In this question:

Sides of 6, 21 and x. We have to find the range for x.

If 21 is the largest side:

Two smallest are 6 and x.

x + 6 > 21

x > 21 - 6

x > 15

If x is the largest side:

Two smallest and 6 and 21. So

21 + 6 > x

27 > x

x < 27

Then

x has to be greater than 15 and smaller than 27. So the answer is:

15<x<27

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