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Mila [183]
2 years ago
14

The local Toyota dealership pays an average of $9,260 with a standard deviation of $1099 for used car trade-ins. They sell new c

ars at an average of $28,451 with a standard deviation of
$3392. Assume independence of new car and trade-ins. What are the mean and standard
deviation of the revenue this dealership should expect when a person trades in a car and purchases a new one?

Mathematics
1 answer:
Flauer [41]2 years ago
3 0

Answer:

B i think

Step-by-step explanation:

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Solve the system of equations and choose the correct answer from the list of
Leya [2.2K]

Answer:

x = -19/2      y = -33/2

Step-by-step explanation:

x - (3x + 12) = 7

x - 3x - 12 = 7

-2x - 12 = 7

-2x = 19

x = -19/2

x - y = 7

-19/2 - y = 7

-y = 33/2

y = -33/2

4 0
2 years ago
In a study of 420,095 Danish cell phone users, 135 subjects developed cancer of the brain or nervous system (based on data from
Maksim231197 [3]

Answer:

z=\frac{0.0003214 -0.00034}{\sqrt{\frac{0.00034(1-0.00034)}{420095}}}=-0.654  

p_v =2*P(Z  

So the p value obtained was a very high value and using the significance level given \alpha=0.005 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can say that the true proportion not differs significantly from the specified value of 0.00034 or 0.034%.

Step-by-step explanation:

1) Data given and notation  

n=420095 represent the random sample taken

X=135 represent the subjects developed cancer of the brain or nervous system (based on data from the Journal of the National Cancer Institute as reported in USA Today)

\hat p=\frac{135}{420095}=0.0003214 estimated proportion of subjects developed cancer of the brain or nervous system (based on data from the Journal of the National Cancer Institute as reported in USA Today)

p_o=0.00034 is the value that we want to test

\alpha=0.005 represent the significance level

Confidence=99.5% or 0.995

z would represent the statistic (variable of interest)

p_v represent the p value (variable of interest)  

2) Concepts and formulas to use  

We need to conduct a hypothesis in order to test the claim that the brain or nervous system at a rate that is different from the rate of 0.0340% :  

Null hypothesis:p=0.00034  

Alternative hypothesis:p \neq 0.00034  

When we conduct a proportion test we need to use the z statistic, and the is given by:  

z=\frac{\hat p -p_o}{\sqrt{\frac{p_o (1-p_o)}{n}}} (1)  

The One-Sample Proportion Test is used to assess whether a population proportion \hat p is significantly different from a hypothesized value p_o.

3) Calculate the statistic  

Since we have all the info requires we can replace in formula (1) like this:  

z=\frac{0.0003214 -0.00034}{\sqrt{\frac{0.00034(1-0.00034)}{420095}}}=-0.654  

4) Statistical decision  

It's important to refresh the p value method or p value approach . "This method is about determining "likely" or "unlikely" by determining the probability assuming the null hypothesis were true of observing a more extreme test statistic in the direction of the alternative hypothesis than the one observed". Or in other words is just a method to have an statistical decision to fail to reject or reject the null hypothesis.  

The significance level provided \alpha=0.005. The next step would be calculate the p value for this test.  

Since is a bilateral test the p value would be:  

p_v =2*P(Z  

So the p value obtained was a very high value and using the significance level given \alpha=0.005 we have p_v>\alpha so we can conclude that we have enough evidence to FAIL to reject the null hypothesis, and we can say that the true proportion not differs significantly from the specified value of 0.00034 or 0.034%.  

4 0
3 years ago
Can you plz help me????????
Arada [10]
It is 91 because I know, I know because I know
6 0
3 years ago
Read 2 more answers
The _______ represents half the distance between the maximum of a sine or cosine graph
ziro4ka [17]

Answer: amplitude

Step-by-step explanation: The amplitude represents half the distance between the maximum of a sine or cosine graph.

3 0
3 years ago
In the expression -3×+4y-2 what are the variables
SSSSS [86.1K]

Answer:

x and y are the variables

7 0
2 years ago
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