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S_A_V [24]
3 years ago
9

A teacher instituted a new reading program at school. after 10 weeks in the​ program, it was found that the mean reading speed o

f a random sample of 21 second grade students was 94.8 wpm. what might you conclude based on this​ result? select the correct choice below and fill in the answer boxes within your choice
Business
2 answers:
Bess [88]3 years ago
5 0

Answer:

0.0139

Explanation:

Given that:

The number of sample (n) = 21

The sample distribution has mean (μ) and a standard deviation of σ/√n

The z score is given as (x - mean)/ standard deviation

x = 94.8 wpm, let us assume that σ = 10 and μ = 90

Therefore: z = (x - μ) / (σ/√n) = (94.8 - 90) / (10/√21) = 2.2

To calculate the probability using Z table:

P(X>94.8) = P(Z>94.8) = 1 - P(Z<94.8) = 1 - 0.9861 = 0.0139

The probability is low that is less than 0.05, the program is more effective than the old one.

ira [324]3 years ago
3 0

Additional information:

This question is part of a much longer question, and this would be part D which refers to a new reading program. The difference with the old data collected is that before only 10 students were tested. Now the question asks why would there be a large variation in the sample mean, from 88 words per minute to 94.8 wpm.

The first data collected had a mean of 88 wpm and a standard deviation of 10 wpm.

Answer:

The program is effective since the probability of obtaining 94.8 wpm from a larger sample doesn't fall within the normal distribution and 95% confidence interval.

Explanation:

we are given the mean = 94.8

we must calculate z = (94.8 - 88) / (10 / √21) = 6 / 2.182 = 2.7495

now we find the probability that X is between the confidence interval using a normal distribution:

P(X > 94.8) = P(z > 2.7495) = 1 - P(z < 2.7495)*

= 1 - 0.997016 = 0.002984

Since the probability of z < 2.7495 at P <0.05 is very small (only 0.002984), then we can conclude that the new method was a success.

*I used a P-value calculator using z = 2.7495 and 5% significance.

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Franklin Corporation issues $50,000, 10%, 5-year bonds on January 1, for $52,100. Interest is paid semiannually on January 1 and
Karo-lina-s [1.5K]

Answer:

Bond interest expense = $2,290

so correct option is b. $2,290

Explanation:

given data

Bond issued = $50,000

Interest rate  = 10%

interest semi-annually = 5%

time period = 5 year

to find out

amount of bond interest expense

solution

we get first Cash interest payment that is here

Cash interest payment = $50,000 × 5%

Cash interest payment = $2,500     ....................1

and Bond premium will be

Bond premium = $52,100 – $50,000

Bond premium = $2,100      .......................2

we know interest paid semi annually so time period will be  = 10

so Amortization of bond premium will be here as

Amortization of bond premium = \frac{2100}{10}

Amortization of bond premium = $210      .................3

so  Bond interest expense will be calculate as

Bond interest expense = Cash interest payment - Amortization of bond premium     .......................4

put here value

Bond interest expense = $2,500 - $210

Bond interest expense = $2,290

so correct option is b. $2,290

8 0
4 years ago
Barry has a medical plan with a $1,200 deductible, 20% coinsurance, and a $5,000 coinsurance cap. His allowable medical expenses
Trava [24]

Based on his deductible and coinsurance cap, the amount that Barry will pay is <u>$4,560.</u>

<h3>Amount Barry will pay </h3>

Barry will have to pay the entire deductible of $1,200. The expenses that are left will then be shared between him and the insurer in a 20% - 80% ratio but he will not pay more than $5,000.

Total he will pay out of pocket is therefore:

= Deductible + ( 20% x (Medical expenses - deductible))

Solving gives:

= 1,200 + ( 20% x (18,000 - 1,200))

= $4,560

In conclusion, he will pay $4,560.

Find out more on insurance payments at brainly.com/question/25973180.

4 0
2 years ago
What actions would the fomc likely take if it were to pursue contractionary monetary policy using open market operations?.
tamaranim1 [39]

The key movements via are to increase the economy consist of a decreased bargain fee, buying government securities, and a decreased reserve ratio.

<h3>When the Fed makes use of contractionary policy?</h3>

When GDP in a kingdom is growing too fast, inflicting inflation to grow past a suited charge of two%, central banks will put in force a contractionary economic coverage. The Federal Reserve, or any principal financial institution, has three primary pieces of equipment to reduce the money supply.

A direct advantage of contractionary economic coverage is that it strengthens government budgets. As an instance, whilst the Fed's bargain price increases, the government earns extra cash from the banks that borrow budget from the Fed's cut price window. The government can use this supply of sales to offset spending and decrease price range deficits.

Learn more about contractionary monetary policy here brainly.com/question/27500362

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3 0
2 years ago
The adult population of Foxcastle is 100,000 people. Of these 100,000 people, 20,000 are not in the labor force. Of the remainin
valina [46]

Answer:

16,000

Explanation:

A marginally attached worker is a jobless individual who is not included in the labor force. They are excluded in the labor force because they have not searched for employment in the last four weeks. Marginally attached workers will comprise of discouraged job seekers willing to take up a job if offered one. A marginally attached worker has have searched for work in the past 12 months.

For Foxcatle, the marginally attached will be the discouraged workers. They are not in the labor force; hence they are not considered as employed or unemployed.

8 0
3 years ago
How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wh
ExtremeBDS [4]

How will the general ledger accounts in the trial balance most likely differ if the company were a retail store rather than a wholesale company?

A general ledger account is used to record transactions that a company has. A trial balance has all of the general ledger accounts listed shows all of the debits and credits that a company has faced. A retail store will have smaller product transactions over a wholesale store due to the wholesale store selling in bulk. There will likely be more credits and debits for a retail store whereas a wholesale store may have more debits as they are less likely to have returns.

How will they differ for a hospital or a government unit?

A hospital or government unit will have vastly different general ledger reports due to the type of agency they are. These transactions will deal more with insurance or big dollar companies rather than individuals on a smaller scale. A trial balance is not a financial statement but it used to show balances that an organization has.

7 0
3 years ago
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