First you have to find the slope with the equation y2 - y1 / x2 - x1 , then once you have found the slope (slope = -2) you simply plug it into the point slope formula. y-0 = -2(x-5) solving it algebraically you should arrive at Y=-2x+10. (the 5 and 0 were plugged in are two of the X and Y points of the line which is why we plugged them into the X and Y values of the equation)
Answer:
a)0.6192
b)0.7422
c)0.8904
d)at least 151 sample is needed for 95% probability that sample mean falls within 8$ of the population mean.
Step-by-step explanation:
Let z(p) be the z-statistic of the probability that the mean price for a sample is within the margin of error. Then
z(p)=
where
- Me is the margin of error from the mean
- s is the standard deviation of the population
a.
z(p)=
≈ 0.8764
by looking z-table corresponding p value is 1-0.3808=0.6192
b.
z(p)=
≈ 1.1314
by looking z-table corresponding p value is 1-0.2578=0.7422
c.
z(p)=
≈ 1.6
by looking z-table corresponding p value is 1-0.1096=0.8904
d.
Minimum required sample size for 0.95 probability is
N≥
where
- z is the corresponding z-score in 95% probability (1.96)
- s is the standard deviation (50)
- ME is the margin of error (8)
then N≥
≈150.6
Thus at least 151 sample is needed for 95% probability that sample mean falls within 8$ of the population mean.
Answer:
Option D
Y=2.6x
Step-by-step explanation:
When y=10.4 and x=4, these two can be related by the equation
10.4=4x
Making x the subject of the formula then x=10.4/4=2.6
Relating x and y then we have the equation
Y=2.6x
For example, when x is 4 then y=2.6x=2.6(4)=10.4 as given in the question. Therefore, the right option is D
Y=2.6x
Answer:
$359.42
Step-by-step explanation:
The difference in the investment values can be computed by making use of the formulas for the account balance in each case.
compound interest: A = P(1 +r)^t . . . . interest at rate r compounded annually
simple interst: A = P(1 +rt) . . . . simple interest at rate r
__
The account earning simple interest will have a balance of ...
A = $8000(1 +0.12×3) = $10,880
The account earning compound interest will have a balance of ...
A = $8000(1 +0.12)^3 ≈ $11,239.42
The difference between the two investments is ...
$11,239.42 -10,880 = $359.42
