There is an 80% chance of rain tomorrow and a 20% chance the football game will be postponed. What is the probability that it wi
2 answers:
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Answer:
(a). $20,000
(b). The estimate will be lower than the actual amount.
Step-by-step explanation:
We have been given that Michael saves $423 dollars a month for college.
(a). We know that 1 year equals 12 months.
4 years = 4*12 months = 48 months.
Since we are asked to find the estimated amount of money Michael will save in 4 years, so we will estimate both quantities as:
Therefore, Michael will save approximately $20,000 in 4 years.
(b).
The estimate will be lower than the actual amount as we rounded $423 down $23 to nearest hundred that is $400 and rounded 48 up 2 to nearest ten that is 40.
Therefore, the estimate will be lower than the actual amount.
Answer:
Step-by-step explanation:
As the mean is 20.2 and the standard deviation is 2.4
The range within the first standard deviation is
(17.8,22.6)
This means that we can safely use the range of (18,22) as we cannot confirm whether the other values fall within the range.
Within this range there are