The probability that the sample mean would be less than 43.4 dollars is 0.9292.
<h3>What is a probability?</h3>
Probability is the occurence of likely events. It is the area of mathematics that deals with numerical estimates of the likelihood that an event will occur or that a statement is true.
From the information, the mean cost of a five pound bag of shrimp is 42 dollars with a variance of 49 and a sample of 54 bags of shrimp is randomly selected.
Therefore, the probability will be:
P(x < 43.4)
Using normal distribution
= P(z < 43.4 - Mean( / 7/✓54)
= P(z < 43.4 - 42( / 7/✓54)
= P(z < 1.4697)
= 0.9292
The probability is 0.9292.
Learn more about probability on:
brainly.com/question/24756209
#SPJ1
Step-by-step explanation:
the most common measure of how much sample mean differ from each other is the standard deviation of the sampling distribution of the mean. this standard deviation is called the standard error of the mean
Answer:
- 5 times
- $22.75
Step-by-step explanation:
1. Let n represent the number of times you can ride. To keep the cost within your budget, you must have ...
2.75n ≤ 15.00
n ≤ 5.45
You can ride 5 times. You don't have enough money to ride 6 times.
__
2. You can choose the correct answer using estimation of the costs. (You only need to work out the numbers in detail if an estimate doesn't get you close enough.)
3 all-day passes are a little more than $20 each, so cost a little more than $60.
2 rides on the Mountain Coaster are another $9, so your total cost will exceed $69. That means you will get less than $31 in change from $100. The only answer choice in that range is $22.75.
If you add up the costs of the passes and rides, you find they come to $77.25, so your change from $100 will be $22.75.
Answer:
7/15
Step-by-step explanation:
<em>No. of green marbles in the bag= 7</em>
<em>No. of blue marbles in the bag= 8</em>
<em>Total no. of marbles in the bag= 7+8=15</em>
As we know that,
Probability( of a random event A)= 
Hence in this case,
Favourable np. of elementary events (green marbles)=7
Total no. of elementary events (Total no. of marbles in the bag)= 15
Hence, Probability of picking a green marble from the bag=
The value of the the car is given by:
V=L(1-d.n)
thus, the value of v when L=$21000 and d.n=0.7 will be:
V=21000(1-0.7)
V=21000×0.3
V=$6300
Answer: Present value of the car is $6300
