The table shows the charge for renting a bicycle from a rental shop on Cumberland Island, Georgia, for different amounts of time
2 answers:
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Answer:
The number of standard deviations from $1,158 to $1,360 is 1.68.
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
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.
In this problem, we have that:
The number of standard deviations from $1,158 to $1,360 is:
This is Z when X = 1360. So
The number of standard deviations from $1,158 to $1,360 is 1.68.
Answer: See picture
Step-by-step explanation:
For this problem, we need to know how to graph the inequality. First, let's establish that we will have a solid line because the inequality is greater than or equal to. If the inequality was only greater than, then it would be a dotted line. For -4/3x-7, you would start at (0,-7) as the y-intercept. Then you would go down by 4 and go to the right by 3 units. Now, we have to do shading. Since we know that y is greater than or equal to, the shading will be on top of the line, where y is greater.
Answer:
You should choose an account with a 7% annual interest rate which is compounded quarterly
Step-by-step explanation:
we know that
The compound interest formula is equal to
where
A is the Final Investment Value
P is the Principal amount of money to be invested
r is the rate of interest in decimal
t is Number of Time Periods
n is the number of times interest is compounded per year
part 1)
we have
substitute in the formula above
part 2)
we have
substitute in the formula above