Answer:
The amount of money separating the lowest 80% of the amount invested from the highest 20% in a sampling distribution of 10 of the family's real estate holdings is $238,281.57.
Step-by-step explanation:
Let the random variable <em>X</em> represent the amount of money that the family has invested in different real estate properties.
The random variable <em>X</em> follows a Normal distribution with parameters <em>μ</em> = $225,000 and <em>σ</em> = $50,000.
It is provided that the family has invested in <em>n</em> = 10 different real estate properties.
Then the mean and standard deviation of amount of money that the family has invested in these 10 different real estate properties is:
Now the lowest 80% of the amount invested can be represented as follows:
The value of <em>z</em> is 0.84.
*Use a <em>z</em>-table.
Compute the value of the mean amount invested as follows:
Thus, the amount of money separating the lowest 80% of the amount invested from the highest 20% in a sampling distribution of 10 of the family's real estate holdings is $238,281.57.
To solve this, you would do:
x + 75% * x = 35
7/4 * x = 35
x = 20
Answer:
20-(10 2/9)-(5 1/4)= 4.52777777778 inches decimal or 163/36
Step-by-step explanation:
Simplify the following:
20 - (10 + 2/9) - (5 + 1/4)
Put 10 + 2/9 over the common denominator 9. 10 + 2/9 = (9×10)/9 + 2/9:
20 - (9×10)/9 + 2/9 - (5 + 1/4)
9×10 = 90:
20 - (90/9 + 2/9) - (5 + 1/4)
90/9 + 2/9 = (90 + 2)/9:
20 - (90 + 2)/9 - (5 + 1/4)
90 + 2 = 92:
20 - 92/9 - (5 + 1/4)
Put 5 + 1/4 over the common denominator 4. 5 + 1/4 = (4×5)/4 + 1/4:
20 - 92/9 - (4×5)/4 + 1/4
4×5 = 20:
20 - 92/9 - (20/4 + 1/4)
20/4 + 1/4 = (20 + 1)/4:
20 - 92/9 - (20 + 1)/4
20 + 1 = 21:
20 - 92/9 - 21/4
Put 20 - 92/9 - 21/4 over the common denominator 36. 20 - 92/9 - 21/4 = (36×20)/36 + (4 (-92))/36 + (9 (-21))/36:
(36×20)/36 + (4 (-92))/36 + (9 (-21))/36
| 3 | 6
× | 2 | 0
| 0 | 0
7 | 2 | 0
7 | 2 | 0:
720/36 + (4 (-92))/36 + (9 (-21))/36
4 (-92) = -368:
720/36 + (-368)/36 + (9 (-21))/36
9 (-21) = -189:
720/36 - 368/36 + (-189)/36
720/36 - 368/36 - 189/36 = (720 - 368 - 189)/36:
(720 - 368 - 189)/36
720 - 368 - 189 = 720 - (368 + 189):
(720 - (368 + 189))/36
| 1 | 1 |
| 3 | 6 | 8
+ | 1 | 8 | 9
| 5 | 5 | 7:
(720 - 557)/36
| | 11 |
| 6 | 1 | 10
| 7 | 2 | 0
- | 5 | 5 | 7
| 1 | 6 | 3:
Answer: 163/36
Answer:
Answer: No
Step-by-step explanation:
You multiply 48 ×0.06 which is $2.88 in tax so it will bring the total to 51.08
