Answer:
The probability is 1.
Explanation:
Despite that the he distribution is positively skewed, the distribution of sample means of one-bedroom apartments will still be a a normal distribution based on Central Limit Theorem.
Since we have
μ = mean = 2200
SD = standard deviation = 250
n = sample size = 50
Therefore,
Standard error = SD ÷ √n
= 250 ÷ √50
= 250 ÷ 7.07106781186548
= 35.3553390593274 approximately 35.36
Standardize xbar to z = (xbar - μ) ÷ (SD ÷ √n)
Therefore, we have:
P(xbar > 1,950) = P(z > (1,950 - 2200) ÷ 35.36)
= P(z > - 250 ÷ 35.36)
= P(z > -7.07) = 1
Therefore, the probability of selecting a sample of 50 one bedroom apartments is 1 which can be said to be certain.
It is an architect because they love to build things and create things as well <span />
Answer:
$175,808
Explanation:
P=R (1-(1+i)^-n)/i
Where P=780,000*90%=$702,000
R=?
i=8%
N=5 years
By putting above values in formula, we get
P=R(1-(1+.08)^-5)/.08
702,000=R*3.993
R=702,000/3.993
R=$175,808
Answer:
B) demographic
Explanation:
Demographic segmentation refers to defining (or segmenting) a specific target market based on demographic variables such as gender, age, income, family status, marital status, education, ethnicity, religion, etc.
Since the Alabama Board of Tourism showed "traditional" families, it is obviously targeting families with their adds, and family status is one of the demographic variables.
