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Oxana [17]
3 years ago
6

the price of a stock went down $4.25 on monday and then down $2.75 on tuesday. what was the overall change in price for the two

days?
Mathematics
1 answer:
Sonja [21]3 years ago
5 0

Answer:

The overall change is -$7.00.

Step-by-step explanation:

If a price goes down $4.25 than it is a negative integer. Same situation if a price goes down $2.75; it is still a negative integer. These two numbers can be expressed as -$4.25 and -$2.75. Finding the overall change causes for adding. Same signs add and keep different signs subtract. -4.25+-2.75=7.00. Therefore, the overall change in price for the two days is -$7.00.

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The distribution of a sample of the outside diameters of PVC pipes approximates a normal distribution. The mean is 14.0 inches,
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Answer:

A. 13.9 and 14.1 inches

See explanation below.

Step-by-step explanation:

Previous concepts

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".

The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".  

Solution to the problem

Let X the random variable that represent the outside diameters of a population, and for this case we know the distribution for X is given by:

X \sim N(14,0.1)  

Where \mu=14 and \sigma=0.1

If we want the middle 68% of the data we need to have on the tails 16% on each one

For this part we want to find a value a, such that we satisfy this condition:

P(X>a)=0.84   (a)

P(X   (b)

Both conditions are equivalent on this case. We can use the z score again in order to find the value a.  

As we can see on the figure attached the z value that satisfy the condition with 0.16 of the area on the left and 0.84 of the area on the right it's z=-0.994. On this case P(Z<-0.994)=0.16 and P(z>-0.994)=0.84

If we use condition (b) from previous we have this:

P(X  

P(z

But we know which value of z satisfy the previous equation so then we can do this:

z=-0.994

And if we solve for a we got

a=14 -0.994*0.1=13.9

And since the distribution is symmetrical for the upper limit we can use z = 0.994 and we have:

z=0.994

And if we solve for a we got

a=14 +0.994*0.1=14.1

So the correct answer for this case would be:

A. 13.9 and 14.1 inches

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