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yKpoI14uk [10]
4 years ago
8

$1,100 at 8%, for 15 years, compounded annually. Total Amount = $ Interest Amount = $

Mathematics
1 answer:
solmaris [256]4 years ago
8 0
The formula to find the total amount is
A=p (1+r)^t
A future value?
P present value 1100
R interest rate 0.08
T time 15 years
A=1,100×(1+0.08)^(15)
A=3,489.39

To find the interest amount the formula is
I=A-p
I=3,489.39−1,100
I=2,389.39
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Jumbo eggs in Australia, on average, are supposed to weigh 68g. Margot is in charge of a quality control test that involves weig
Andrej [43]

Answer:

0.9987 = 99.87% probability that the mean weight of 4 eggs in a package is less than 68.5g

Step-by-step explanation:

To solve this question, we use the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. 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, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem estabilishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

Mean weight of 67g and a sample standard deviation of 1g.

This means that \mu = 67, \sigma = 1

Sample of 4

This means that n = 4, s = \frac{1}{\sqrt{4}} = 0.5

What is the probability that the mean weight of 4 eggs in a package is less than 68.5g?

This is the pvalue of Z when X = 68.5. So

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

Z = \frac{68.5 - 67}{0.5}

Z = 3

Z = 3 has a pvalue of 0.9987

0.9987 = 99.87% probability that the mean weight of 4 eggs in a package is less than 68.5g

6 0
3 years ago
Read 2 more answers
Compare the decimals 18.10 and 18.1
Arte-miy333 [17]
Both are equal since 18.1 we can add to the right zero
then 18.10=18.1
4 0
4 years ago
Read 2 more answers
How do I find the length of the third side of the triangle
Stels [109]
U can use the Pythagorean theorem which is (a^2 + b^2 = c^2)  It'll help you a lot
8 0
4 years ago
22. Determine the number of month in 0.25 years
REY [17]

Answer:

3 months

Step-by-step explanation:

there are 12 months in a year.

.25 is equal to a quarter of a year

12/4=3

4 0
2 years ago
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Two equations are given below: a – 3b = 22 a = b – 2 What is the solution to the set of equations in the form (a, b)? (–10, –8)
aliya0001 [1]
Hi Kristian

a - 3b = 22
a = b - 2

We need to solve a = b -2 for a
First, we need to substitute b - 2 for a in a - 3b = 22
a - 3b = 22
b - 2 - 3b = 22
-2b - 2 = 22
 -2b = 22 + 2
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b = 24/-2
b = -12

Now substitute -12 for b in a = b - 2
a = b -2
a= -12 - 2
a= -14

Thus, the solution is a = -14 and b = -12

The correct option is the last one (-14,-12)


If you have questions about my answer, please let me know.


Good luck! 

4 0
3 years ago
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