mukul has $2.25 in nickerl,dimes and quarters. he has 6 more times than quarters and 9 more nickels than quarters. How manyof ea
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Answer:
There is a 98.26% probability that it is overloaded.
This elevator does not appear to be safe.
Step-by-step explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by
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. Subtracting 1 by the pvalue, we This p-value is the probability that the value of the measure is greater than X.
In this problem, we have that:
Assume that weights of males are normally distributed with a mean of 170 lb, so
They have a standard deviation of standard deviation of 29 lb, so .
We have a sample of 8 adults, so we have to find the standard deviation of the sample to use in the place of in the Z score formula.
Find the probability that it is overloaded because they have a mean weight greater than 162 lb, so
has a pvalue 0.0174.
So, there is a 1-0.0174 = 0.9826 = 98.26% probability that it is overloaded.
Any probability that is above 95% is considerer unusually high. So, this elevator does not appear to be safe, since there is a 98.26% probability that it is overloaded.
We are given the following information
Investment = $5200
Annual interest rate = 4.2% = 0.042
Final amount = $16,500
Number of years = 27.7 years
Number of compoudings = quartely = 4
The student uses the following model
The general formula for compound interest is given by
As you can see, the number of compoundings is incorrect (3 vs 4)
The interest rate is also incorrect.
Let us substitute the given values into the above formula
Therefore, the final amount is approximately $16,543.5