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MA_775_DIABLO [31]
3 years ago
8

A manufacturer plans on building a better mousetrap. There is a 60% chance the mouse trap will produce a profit of $200,000 for

the company, a 20% chance of a $100,000 profit, and a 20% chance the company will lose $200,000.
Based on this information, should the company build the mousetrap?
A) The expected value is $70,000, so the company should build the mousetrap.
B) The expected value is $85,000, so the company should build the mousetrap.
C) The expected value is $100,000, so the company should build the mousetrap.
D) The expected value is -$70,000, so the company should not build the mousetrap.
Mathematics
2 answers:
maksim [4K]3 years ago
4 0
Expected value E(x) = 0.6(200,000) + 0.2(100,000) - 0.2(200,000) = 120,000 + 20,000 - 40,000 = 100,000

Therefore, the expected value is $100,000, so the company should build the mousetrap.
gulaghasi [49]3 years ago
4 0

The answer is C. The expected value is $100,000, so the company should build the mousetrap.

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elena-14-01-66 [18.8K]

Answer:

532m squared is the answer

Step-by-step explanation:

Split the shape into two shapes

one will be a square and the other one a triangle

1) since the length and the width of the square is 18m just Multiply

18x18=324m squared

2) look carefully the width of the square you split is equal to the base of the triangle, so you connect the 18 and the 8 together.

18+8=26m squared

3) Now solve the triangle since you know the height which is 16m squared.

A=lw/2

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416 divided by 2 is 208

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Many high school students take the AP tests in different subject areas. In 2007, of the 144,796 students who took the biology ex
Nataly [62]

Answer:

(0.582-0.485) - 1.64 \sqrt{\frac{0.582(1-0.582)}{144796} +\frac{0.485(1-0.485)}{211693}}=0.0942  

(0.582-0.485) + 1.64 \sqrt{\frac{0.582(1-0.582)}{144796} +\frac{0.485(1-0.485)}{211693}}=0.09978  

And the 90% confidence interval would be given (0.0942;0.09978).  

We are confident at 90% that the difference between the two proportions is between 0.0942 \leq p_A -p_B \leq 0.09978

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

p_A represent the real population proportion female for Biology

\hat p_A =\frac{84199}{144796}=0.582 represent the estimated proportion female for biology

n_A=144796 is the sample size for A

p_B represent the real population proportion female for calculus AB

\hat p_B =\frac{102598}{211693}=0.485 represent the estimated proportion female for Calculus AB

n_B=211693 is the sample size required for B

z represent the critical value for the margin of error  

The population proportion have the following distribution  

p \sim N(p,\sqrt{\frac{p(1-p)}{n}})  

The confidence interval for the difference of two proportions would be given by this formula  

(\hat p_A -\hat p_B) \pm z_{\alpha/2} \sqrt{\frac{\hat p_A(1-\hat p_A)}{n_A} +\frac{\hat p_B (1-\hat p_B)}{n_B}}  

For the 90% confidence interval the value of \alpha=1-0.90=0.1 and \alpha/2=0.05, with that value we can find the quantile required for the interval in the normal standard distribution.  

z_{\alpha/2}=1.64  

And replacing into the confidence interval formula we got:  

(0.582-0.485) - 1.64 \sqrt{\frac{0.582(1-0.582)}{144796} +\frac{0.485(1-0.485)}{211693}}=0.0942  

(0.582-0.485) + 1.64 \sqrt{\frac{0.582(1-0.582)}{144796} +\frac{0.485(1-0.485)}{211693}}=0.09978  

And the 90% confidence interval would be given (0.0942;0.09978).  

We are confident at 90% that the difference between the two proportions is between 0.0942 \leq p_A -p_B \leq 0.09978

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E. no solution. hope this helps! :)
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Answer:

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Step-by-step explanation:

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