Louise’s answer is not correct. She is missing the term 30x3. When squaring a binomial, it is best to write the product of the binomial times itself. Then you can use the distributive property to multiply each term in the first binomial by each term in the second binomial. Louise also could have used the formula for a perfect square trinomial, which is found by squaring a binomial.
Answer:
The probability that no more than 70% would prefer to start their own business is 0.1423.
Step-by-step explanation:
We are given that a Gallup survey indicated that 72% of 18- to 29-year-olds, if given choice, would prefer to start their own business rather than work for someone else.
Let
= <u><em>sample proportion of people who prefer to start their own business</em></u>
The z-score probability distribution for the sample proportion is given by;
Z =
~ N(0,1)
where, p = population proportion who would prefer to start their own business = 72%
n = sample of 18-29 year-olds = 600
Now, the probability that no more than 70% would prefer to start their own business is given by = P(
70%)
P(
70%) = P(
) = P(Z
-1.07) = 1 - P(Z < 1.07)
= 1 - 0.8577 = <u>0.1423</u>
The above probability is calculated by looking at the value of x = 1.07 in the z table which has an area of 0.8577.
It would be 15 greater than or equal to 14
You would take the amount of increase and divide it by the amount of total cost over the time period of certain months. Then you would multiply that number by the percentage of increase gained, and subtract 96.12 to get your answer.
Answer:
-0.26315789473
Step-by-step explanation: