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seropon [69]
3 years ago
15

Define variables and write a system of equations for each situation. Solve by using substitution.Suppose you want to join a vide

o store. Big Video offers a special discount card that costs $9.99 for one year. With the discount card, each video rental costs $2.49. A discount card from Main Street Video cost $20.49 for one year. With the Main Street Video discout card, each video rental costs $1.79. After how many video rentals is the cost the same?
Mathematics
1 answer:
MrRa [10]3 years ago
8 0

Answer:

The cost is the same after 15 video rentals

Step-by-step explanation:

Let the total cost be y

Let the number of video rentals made be x

Discount card for Big video = $9.99

Discount card for Main Street video = $20.49

Cost of 1 big video rental = $2.49

Cost of 1 Main Street video rental = $1.79

Cost of video rentals with big video:

Y = 9.99 + 2.49x………….(1)

Cost of video rentals with main street video :

Y = 20.49 +1.79x…………(2)

For the two costs to be equal, the two equations have to be equal to each other

Equating equations (1) and (2)

9.99 + 2.49x = 20.49 +1.79x

0.7x = 10.5

X = 10.5/0.7

X = 15  video rentals

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At one point the average price of regular unleaded gasoline was ​$3.39 per gallon. Assume that the standard deviation price per
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This question was not written completely

Complete Question

At one point the average price of regular unleaded gasoline was ​$3.39 per gallon. Assume that the standard deviation price per gallon is ​$0.07 per gallon and use​ Chebyshev's inequality to answer the following.

​(a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean?

​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean? What are the gasoline prices that are within 2.5 standard deviations of the​ mean?

​(c) What is the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​?

Answer:

a) 88.89% lies with 3 standard deviations of the mean

b) i) 84% lies within 2.5 standard deviations of the mean

ii) the gasoline prices that are within 2.5 standard deviations of the​ mean is $3.215 and $3.565

c) 93.75%

Step-by-step explanation:

Chebyshev's theorem is shown below.

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

2) At least 75% or 3/4 of the data for a set of numbers lies within 2 standard deviations of the mean. The number could be greater.μ - 2σ and μ + 2σ.

3) At least 88.89% or 8/9 of a data set lies within 3 standard deviations of the mean.μ - 3σ and μ + 3σ.

4) At least 93.75% of a data set lies within 4 standard deviations of the mean.μ - 4σ and μ + 4σ.

​

(a) What percentage of gasoline stations had prices within 3 standard deviations of the​ mean?

We solve using the first rule of the theorem

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

Hence, k = 3

1 - 1/k²

= 1 - 1/3²

= 1 - 1/9

= 9 - 1/ 9

= 8/9

Therefore, the percentage of gasoline stations had prices within 3 standard deviations of the​ mean is 88.89%

​(b) What percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean?

We solve using the first rule of the theorem

1) Chebyshev's theorem states for any k > 1, at least 1-1/k² of the data lies within k standard deviations of the mean.

As stated, the value of k must be greater than 1.

Hence, k = 3

1 - 1/k²

= 1 - 1/2.5²

= 1 - 1/6.25

= 6.25 - 1/ 6.25

= 5.25/6.25

We convert to percentage

= 5.25/6.25 × 100%

= 0.84 × 100%

= 84 %

Therefore, the percentage of gasoline stations had prices within 2.5 standard deviations of the​ mean is 84%

What are the gasoline prices that are within 2.5 standard deviations of the​ mean?

We have from the question, the mean =$3.39

Standard deviation = 0.07

μ - 2.5σ

$3.39 - 2.5 × 0.07

= $3.215

μ + 2.5σ

$3.39 + 2.5 × 0.07

= $3.565

Therefore, the gasoline prices that are within 2.5 standard deviations of the​ mean is $3.215 and $3.565

​(c) What is the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​?

the mean =$3.39

Standard deviation = 0.07

Applying the 2nd rule

2) At least 75% or 3/4 of the data for a set of numbers lies within 2 standard deviations of the mean. The number could be greater.μ - 2σ and μ + 2σ.

the mean =$3.39

Standard deviation = 0.07

μ - 2σ and μ + 2σ.

$3.39 - 2 × 0.07 = $3.25

$3.39 + 2× 0.07 = $3.53

Applying the third rule

3) At least 88.89% or 8/9 of a data set lies within 3 standard deviations of the mean.μ - 3σ and μ + 3σ.

$3.39 - 3 × 0.07 = $3.18

$3.39 + 3 × 0.07 = $3.6

Applying the 4th rule

4) At least 93.75% of a data set lies within 4 standard deviations of the mean.μ - 4σ and μ + 4σ.

$3.39 - 4 × 0.07 = $3.11

$3.39 + 4 × 0.07 = $3.67

Therefore, from the above calculation we can see that the minimum percentage of gasoline stations that had prices between ​$3.11 and ​$3.67​ corresponds to at least 93.75% of a data set because it lies within 4 standard deviations of the mean.

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