Answer:
0.2755
Step-by-step explanation:
We intend to make use of the normal approximation to the binomial distribution.
First we'll check to see if that approximation is applicable.
For p=10% and sample size n = 500, we have ...
pn = 0.10(500) = 50
This value is greater than 5, so the approximation is valid.
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The mean of the distribution we'll use as a model is ...
µ = p·n = 0.10(500)
µ = 50
The standard deviation for our model is ...
σ = √((1-p)µ) = √(0.9·50) = √45
σ ≈ 6.708204
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A continuity correction can be applied to better approximate the binomial distribution. We want p(t ≤ 9.1%) = p(t ≤ 45.5). For our lookup, we will add 0.5 to this limit, and find p(t ≤ 46).
The attached calculator shows the probability of fewer than 45.5 t's in the sample is about 0.2755.
Answer: First option.
Step-by-step explanation:
1. To solve this problem you can applly the quadratic formula, which is shown below:
2. The quadratic equation is:
3. Then:
a=1
b=-4
c=-38
4. Therefore, when you substitute these values into the quadratic formula, you obtain the following result:
x=2±√42
The reasonable estimate of the current customer price index is 195. The option B is the correct option.
<h3>Customer price index</h3>Customer price index is the price index which measures the weight average of price of basket of customers goods or services.
It can be given as,
Here is the cost of market basket in current period and
is the cost of market basket in the base period.
Cost of market basket in current period is
Cost of market basket in 1983 is,
Substitute all the values in the formula
Thus the value of current CPI is 168.5 which is near about the 170.
Hence, the reasonable estimate of the current customer price index is 195. The option B is the correct option.
Learn more about the customer price index here;
Answer:
120 deg
Step-by-step explanation:
I put an image of 120 deg down below.
Try comparing those two
