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andrey2020 [161]
3 years ago
9

Lucy opened an investment account with $6600. At the end of the year,the amount in thr account had increased by 6.5%

Mathematics
1 answer:
Masteriza [31]3 years ago
4 0

Answer:

Part a) The increase in dollars is \$429

Part b) The amount in Lucy's  account at the end of last year was \$7,029

Step-by-step explanation:

Let

x-----> amount in Lucy's  account at the end of last year

we know that

100\%+6.5\%=106.5\%

106.5\% =\frac{106.5}{100}=1.065

so

x=1.065*\$6,600=\$7,029 -----> amount in Lucy's  account at the end of last year

The increase is equal to

\$7,029-\$6,600=\$429

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Answer:

(a) The mean and the standard deviation for the numbers of peas with green pods in the groups of 36 is 27 and 2.6 respectively.

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Step-by-step explanation:

We are given that hybridization experiments are conducted with peas having the property that for​ offspring, there is a 0.75 probability that a pea has green pods.

Assume that the offspring peas are randomly selected in groups of 36.

The above situation can be represented as a binomial distribution;

where, n = sample of offspring peas = 36

            p = probability that a pea has green pods = 0.75

(a) The mean of the binomial distribution is given by the product of sample size (n) and the probability (p), that is;

                    Mean, \mu  =  n \times p

                                    =  36 \times 0.75 = 27 peas

So, the mean number of peas with green pods in the groups of 36 is 27.

Similarly, the standard deviation of the binomial distribution is given by the formula;

            Standard deviation, \sigma  =  \sqrt{n \times p \times (1-p)}

                                                  =  \sqrt{36 \times 0.75 \times (1-0.75)}

                                                  =  \sqrt{6.75}  =  2.6 peas

So, the standard deviation for the numbers of peas with green pods in the groups of 36 is 2.6.

             

(b) Now, the range rule of thumb states that the usual range of values lies within the 2 standard deviations of the mean, that means;

          \mu - 2 \sigma  =  27 - (2 \times 2.6)

                       =  27 - 5.2 = 21.8

          \mu + 2 \sigma  =  27 + (2 \times 2.6)

                       =  27 + 5.2 = 32.2

This means that the significantly low values are those which are less than or equal to 21.8.

And on the other hand, the significantly higher values are those which are greater than or equal to 32.2.

(c) The result of 15 peas with green pods is a result that is a significantly​ low value because the value of 15 is less than 21.8 which is represented as a significantly low value.

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