Answer:
I believe your answer is commutative property
Since you have to move the decimal point the the right by 7 places to get the decimal point after the one. You must multiply by 1/10 seven times, which is the same as:
10^-7
Assuming simple interest (i.e. no compounding within first year), then
At 6%, interest = 10000*0.06=$600
At 9% interest = 10000*0.09 = $900
Two ways to find the ratio
method A. let x=proportion at 6%
then
600x+900(1-x)=684
Expand and solve
300x=900-684=216
x=216/300=0.72 or 72%
So 10000*0.72=7200 were invested at 6%
10000-7200=2800 were invested at 9%
method B: by proportions
Ratio of investments at 6% and 9%
= 900-684 : 684-600
=216 : 84
= 18 : 7
Amount invested at 6% = 18/(18+7) * 10000 = 0.72*10000 = 7200
Amount invested at 8% = 7/(18+7)*10000=0.28*10000=2800
Answer:
the probability that the sample variance exceeds 3.10 is 0.02020 ( 2,02%)
Step-by-step explanation:
since the variance S² of the batch follows a normal distribution , then for a sample n of 20 distributions , then the random variable Z:
Z= S²*(n-1)/σ²
follows a χ² ( chi-squared) distribution with (n-1) degrees of freedom
since
S² > 3.10 , σ²= 1.75 , n= 20
thus
Z > 33.65
then from χ² distribution tables:
P(Z > 33.65) = 0.02020
therefore the probability that the sample variance exceeds 3.10 is 0.02020 ( 2,02%)
Total hours= 2.2+3.5=5.7
Total earned = 5.7 x $7.50= $42.75