Rusty walked 5 miles in 65 minutes. How long did it take him to walk 2 miles?
2 answers:
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Answer:
<em>Student 2 is incorrect because he didn't use the formula properly</em>
Step-by-step explanation:
The exponential function is often used to model natural growing or decaying processes, where the change is proportional to the actual quantity.
An exponential decaying function is expressed as:
Where:
C(t) is the actual value of the function at time t
Co is the initial value of C at t=0
r is the decaying rate, expressed in decimal
The initial value of the item is Co=$1000, the rate of decay is r=40%=0.4, and the time is t=3 years.
Substituting into the formula:
C(3)=$216
Student 2 is incorrect because he didn't use the formula properly
Answer:
a) 0.71
b) 0.9863
Step-by-step explanation:
a. Given the mean prices of a house is $403,000 and the standard deviation is $278,000
-The probability the probability that the selected house is valued at less than $500,000 is obtained by summing the frequencies of prices below $500,000:
Hence, the probability of a house price below $500,000 is 0.71
b. -Let X be the mean price of a randomly selected house.
-Since the sample size 40 is greater than 30, we assume normal distribution.
-The probability can therefore be calculated as follows:
Thus, the probability that the mean value of the 40 houses is less than $500,000 is 0.9863