6. Two linear equations are shown in the graph.
1 answer:
Answer:
D.(3, 3)
Step-by-step explanation:
The equation of a straight line is given as:
y = mx + c;
where x, y are variables, m is the slope of the line, c is the y intercept.
From the graph, we can see that line 1 passes through (6,0) and (0,6).
The equation of line 1 is given as:
Line 2 passes through (6, 5) and (0, 1)
The equation of line 2 is given as:
To get the coordinates of the intersection of the two lines, we solve equation 1 and 2 simultaneously using a calculator. This gives:
x = 3, y = 3
Therefore the two lines meet at (3, 3)
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Answer:
The amount of money separating the lowest 80% of the amount invested from the highest 20% in a sampling distribution of 10 of the family's real estate holdings is $238,281.57.
Step-by-step explanation:
Let the random variable <em>X</em> represent the amount of money that the family has invested in different real estate properties.
The random variable <em>X</em> follows a Normal distribution with parameters <em>μ</em> = $225,000 and <em>σ</em> = $50,000.
It is provided that the family has invested in <em>n</em> = 10 different real estate properties.
Then the mean and standard deviation of amount of money that the family has invested in these 10 different real estate properties is:
Now the lowest 80% of the amount invested can be represented as follows:
The value of <em>z</em> is 0.84.
*Use a <em>z</em>-table.
Compute the value of the mean amount invested as follows:
Thus, the amount of money separating the lowest 80% of the amount invested from the highest 20% in a sampling distribution of 10 of the family's real estate holdings is $238,281.57.