Is this right? im very confused

Find the principal needed now to get to $25,500 after 10 years at 6% compounded continuously

Inessa05 [86]

Answer: $14239.07

Explanation:

A=P(1+I)^n

25500=P(1+0.06)^10

25500=P(1.06)^10

25500÷(1.06)^10=P

P=$14239.07

6 0

3 years ago

it is known that the population proton of utha residnet that are members of the church of jesus christ 0l6 suppose a random samp

Lady_Fox [76]

Answer:

0.0838 = 8.38% probability of obtaining a sample proportion less than 0.5.

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the z-score of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean $\mu$ and standard deviation $\sigma$ , the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean $\mu$ and standard deviation $s = \frac{\sigma}{\sqrt{n}}$ .

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean $\mu = p$ and standard deviation $s = \sqrt{\frac{p(1-p)}{n}}$

Proportion of 0.6

This means that $p = 0.6$

Sample of 46

This means that $n = 46$

Mean and standard deviation:

$\mu = p = 0.6$

$s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.6*0.4}{46}} = 0.0722$

Probability of obtaining a sample proportion less than 0.5.

p-value of Z when X = 0.5. So

$Z = \frac{X - \mu}{\sigma}$

By the Central Limit Theorem

$Z = \frac{X - \mu}{s}$

$Z = \frac{0.5 - 0.6}{0.0722}$

$Z = -1.38$

$Z = -1.38$ has a p-value of 0.0838

0.0838 = 8.38% probability of obtaining a sample proportion less than 0.5.

8 0

3 years ago

A 90 oz. bottle of shampoo is sold for $18.95. What is the price per ounce

Veseljchak [2.6K]

This sets up as a very commonly used proportion.

90 oz / 18.95 = 1 oz / x Cross multiply

90 x = 18.95 Divide by 90

x = 18.95 / 90

x = 0.21 dollars or 21 cents.

So each ounce of shampoo costs 0.21 dollars or 21 cents.

This is a very handy way to check best deals. Stores have trained us for years to believe that the more we buy of a brand, the better the price. It isn't always true. Sometimes buying the smaller quantity is the better deal. There is only one way to be sure and that's to do a proportion like this one.

Try this is an example. The same company makes a smaller container of shampoo of 45 oz for 9.15. How much is 1 oz and which is the better deal? You should get 0.20333 dollars so this is marginally (just) the better deal.

4 0

3 years ago

Parallelogram ABCD is a rectangle.

svp [43]

Y = 3 because in a rectangle, the diagonals are ALWAYS congruent. so you would have:
5y - 2 = 4y + 1
-4y+2 -4y + 2
y = 3

7 0

3 years ago

Read 2 more answers

HELPPPPPPPPPP PLEASEEEEEEEEE ASAPPPPPPPPP

puteri [66]

Answer: i'm pretty sure the first option is correct. she wrote it down correctly

3 0

2 years ago

Read 2 more answers