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mezya [45]
3 years ago
14

Based on past experience, a bank believes that 4% of the people who receive loans will not make payments on time. The bank has r

ecently approved 300 loans. What is the mean of the sampling distribution of the proportion of clients in this group who may not make timely payments
Mathematics
1 answer:
Nina [5.8K]3 years ago
4 0

Answer:

Mean = 0.04

Step-by-step explanation: given that P = 4%

n = 300

the mean of the sampling distribution of the proportion of clients in this group who may not make timely payments will be

4/ 100 = 0.04

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Can someone explain the process getting from:
spin [16.1K]
\rm 5=e^{3b}

The unknown b is stuck in the exponent position.
We can can fix that by using logarithms.
Log is the inverse operation of the exponential.

We'll take log of each side.
Log of what base tho?

Well, the base of our exponential is e,
so we'll take log base e of each side.

\rm log_e(5)=log_e(e^{3b})

We'll apply one of our log rules next:
\rm \log(x^y)=y\cdot\log(x)

This allows us to take the exponent out of the log,

\rm log_e(5)=(3b)log_e(e)

Another thing to remember about logs:
When the base of the log matches the inside of the log,
then the whole thing is simply 1,
\rm log_{10}(10)=1
\rm log_5(5)=1
\rm log_e(e)=1

So our equation simplifies to this,

\rm log_e(5)=(3b)\cdot1

As a final step, divide both sides by 3,

\rm \frac13log_e(5)=b

k, hope that helps!


6 0
3 years ago
8,-1,-5,2? Which one!.............
Lunna [17]

Answer: I would say -8,-1

Step-by-step explanation:

4 0
3 years ago
A rectangular yard measuring 41ft by 60ft is bordered (and surrounded) by a fence. Inside, a walk that is 4ft wide goes all the
Alexandra [31]

area of yard = 41 x 60 = 2460 square feet

walk is 4 feet wide

 41-4 =37, 60-4 = 56

37*56 = 2072

2460-2072 = 388

 area of walk is 388 square feet

8 0
3 years ago
Whats answere y+2=-3 (x - 4)​
faust18 [17]

Answer:

 Slope = 6.000/2.000 = 3.000

 x-intercept = 10/3 = 3.33333

 y-intercept = -10/1 = -10.00000

Step-by-step explanation:

Slope is defined as the change in y divided by the change in x. We note that for x=0, the value of y is -10.000 and for x=2.000, the value of y is -4.000. So, for a change of 2.000 in x (The change in x is sometimes referred to as "RUN") we get a change of -4.000 - (-10.000) = 6.000 in y. (The change in y is sometimes referred to as "RISE" and the Slope is m = RISE / RUN)

4 0
2 years ago
Read 2 more answers
A soccer player has made 3 of her last 10 field goals, which is a field goal percentage of 30%. How many more consecutive field
Monica [59]

Answer:

4 consecutive goals

Step-by-step explanation:

If 3 of last 10 field goals = 30%

Which is equivalent to

(Number of goals scored / total games played) * 100%

(3 / 10) * 100% = 30%

Number of consecutive goals one has to score to raise field goal to 50% will be:

Let y = number of consecutive goals

[(3+y) / (10+y)] * 100% = 50%

[(3+y) / (10+y)] * 100/100 = 50/100

[(3+y) / (10+y)] * 1 = 0.5

(3+y) / (10+y) = 0.5

3+y = 0.5(10 + y)

3+y = 5 + 0.5y

y - 0.5y = 5 - 3

0.5y = 2

y = 2 / 0.5

y = 4

Therefore, number of consecutive goals needed to raise field goal to 50% = 4

5 0
3 years ago
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