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Deffense [45]
4 years ago
15

Jose is 40 years old and has had a retirement portfolio for 15 years. He still has about 27 years to go before retirement. Which

breakdown of investments with a financial advisor most likely suggest for Jose at this point in time? (show work)
A= 0% high-risk, 10% medium risk, 90% low risk
B= 10% high-risk, 20% medium risk, 70% low risk
C= 30% high-risk, 45% medium risk, 25% low risk
D= 70% high risk, 25% medium risk, 5% low risk
Mathematics
2 answers:
larisa [96]4 years ago
5 0
Remember: higher risk means you wait less time to get more money.
So I would go with A
Veronika [31]4 years ago
5 0
A I'm pretty sure. It's decently not D
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You wish to compute the 99% confidence interval for the population proportion. How large a sample should you draw to ensure that
Nataly_w [17]

Answer:

n=\frac{0.5(1-0.5)}{(\frac{0.13}{2.58})^2}=98.47  

And rounded up we have that n=99

Step-by-step explanation:

Previous concepts

A confidence interval is "a range of values that’s likely to include a population value with a certain degree of confidence. It is often expressed a % whereby a population means lies between an upper and lower interval".  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

Solution to the problem

In order to find the critical value we need to take in count that we are finding the interval for a proportion, so on this case we need to use the z distribution. Since our interval is at 99% of confidence, our significance level would be given by \alpha=1-0.99=0.01 and \alpha/2 =0.005. And the critical value would be given by:

z_{\alpha/2}=-2.58, t_{1-\alpha/2}=2.58

The margin of error for the proportion interval is given by this formula:  

ME=z_{\alpha/2}\sqrt{\frac{\hat p (1-\hat p)}{n}}    (a)  

And on this case we have that ME =\pm 0.13 and we are interested in order to find the value of n, if we solve n from equation (a) we got:  

n=\frac{\hat p (1-\hat p)}{(\frac{ME}{z})^2}   (b)  

We assume the value for \hat p =0.5 since we don't have previous info. And replacing into equation (b) the values from part a we got:

n=\frac{0.5(1-0.5)}{(\frac{0.13}{2.58})^2}=98.47  

And rounded up we have that n=99

4 0
3 years ago
Read 2 more answers
Choose the proper tools with the correct endpoints then click and drag the endpoints to the correct location.
qwelly [4]
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6 0
3 years ago
The perimeter of the triangular park on the right is 16x-6. What is the missing length? The bottom side length is 5x+4 and the r
Romashka-Z-Leto [24]

Answer:

(9x-5)\ units

Step-by-step explanation:

<u><em>The picture of the question in the attached figure</em></u>

we know that

The perimeter of a triangle is the sum of the length of their three  sides

so

P=a+b+c

where

a,b,c are the length sides of the triangle

In this problem we have

P=(16x-6)\ units\\a=(2x-5)\ units\\b=(5x+4)\ units

substitute and solve for the missing length

(16x-6)=(2x-5)+(5x+4)+c\\c=(16x-6)-(2x-5)-(5x+4)\\c=(9x-5)\ units

3 0
4 years ago
What is the equation of the line that passes through the point (-2,0) and has a slope of -2
Tcecarenko [31]

Answer:

y = -2x -4

Step-by-step explanation:

The equation of a line is y = mx + b, where m is the slope of the line, and b is the y-intercept.  We are told that the slope of the line is -2, so we can start with

y = mx + b

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We can figure out the value of b by plugging in the coordinates of the point given (-2, 0)

0 = -2(-2) + b

0 = 4 + b

Subtract 4 from both sides of the equation

-4 = b

Then plug that value of b back into the equation above:

y = -2x + (-4) or y = -2x -4

6 0
3 years ago
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Firdavs [7]
Refrection of (-20, 4) across x-axis gives (-20, 4) = (-20, -4)

Refrection of (-20, 4) across y-axis gives (20, 4)

Refrection of (-20, 4) across y = -x gives (20, -4)

Refrection of (-20, 4) across y = 7 gives (20, 10)
4 0
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