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Ivenika [448]
2 years ago
12

It is estimated that 75% of all young adults between the ages of 18-35 do not have a landline in their homes and only use a cell

phone at home.
(a) On average, how many young adults do not own a landline in a random sample of 100?
(b) What is the standard deviation of probability of young adults who do not own a landline in a simple random sample of 100?
(c) What is the proportion of young adults who do not own a landline?
(d) What is the probability that no one in a simple random sample of 100 young adults owns a landline?
(e) What is the probability that everyone in a simple random sample of 100 young adults owns a landline?
(f) What is the distribution of the number of young adults in a sample of 100 who do not own a landline?
(g) What is the probability that exactly half the young adults in a simple random sample of 100 do not own a landline?
Mathematics
1 answer:
Mademuasel [1]2 years ago
8 0

Answer:

a) 75

b) 4.33

c) 0.75

d) 3.2 \times 10^{-13} probability that no one in a simple random sample of 100 young adults owns a landline

e) 6.2 \times 10^{-61} probability that everyone in a simple random sample of 100 young adults owns a landline.

f) Binomial, with n = 100, p = 0.75

g) 4.5 \times 10^{-8} probability that exactly half the young adults in a simple random sample of 100 do not own a landline.

Step-by-step explanation:

For each young adult, there are only two possible outcomes. Either they do not own a landline, or they do. The probability of an young adult not having a landline is independent of any other adult, which means that the binomial probability distribution is used to solve this question.

Binomial probability distribution

The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

In which C_{n,x} is the number of different combinations of x objects from a set of n elements, given by the following formula.

C_{n,x} = \frac{n!}{x!(n-x)!}

And p is the probability of X happening.

The expected value of the binomial distribution is:

E(X) = np

The standard deviation of the binomial distribution is:

\sqrt{V(X)} = \sqrt{np(1-p)}

75% of all young adults between the ages of 18-35 do not have a landline in their homes and only use a cell phone at home.

This means that p = 0.75

(a) On average, how many young adults do not own a landline in a random sample of 100?

Sample of 100, so n = 100

E(X) = np = 100(0.75) = 75

(b) What is the standard deviation of probability of young adults who do not own a landline in a simple random sample of 100?

\sqrt{V(X)} = \sqrt{np(1-p)} = \sqrt{100(0.75)(0.25)} = 4.33

(c) What is the proportion of young adults who do not own a landline?

The estimation, of 75% = 0.75.

(d) What is the probability that no one in a simple random sample of 100 young adults owns a landline?

This is P(X = 100), that is, all do not own. So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 100) = C_{100,100}.(0.75)^{100}.(0.25)^{0} = 3.2 \times 10^{-13}

3.2 \times 10^{-13} probability that no one in a simple random sample of 100 young adults owns a landline.

(e) What is the probability that everyone in a simple random sample of 100 young adults owns a landline?

This is P(X = 0), that is, all own. So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 0) = C_{100,0}.(0.75)^{0}.(0.25)^{100} = 6.2 \times 10^{-61}

6.2 \times 10^{-61} probability that everyone in a simple random sample of 100 young adults owns a landline.

(f) What is the distribution of the number of young adults in a sample of 100 who do not own a landline?

Binomial, with n = 100, p = 0.75

(g) What is the probability that exactly half the young adults in a simple random sample of 100 do not own a landline?

This is P(X = 50). So

P(X = x) = C_{n,x}.p^{x}.(1-p)^{n-x}

P(X = 50) = C_{100,50}.(0.75)^{50}.(0.25)^{50} = 4.5 \times 10^{-8}

4.5 \times 10^{-8} probability that exactly half the young adults in a simple random sample of 100 do not own a landline.

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A music player was marked down by 1/4 of the original price.
faltersainse [42]

Answer:

<em>Part A) </em>170.66$ would be the original price.

<em>Part B) </em>256$ would be the price that the store paid for the music player.

<em>Part B) </em><em>What you need to balance is your </em><em>markup</em><em>, meaning how much to raise your price, and your </em><em>markdown or discount</em><em>, meaning, how to much to decrease prices.</em>

Step-by-step explanation:

<em>Part A) Determining the Original Price</em>

<em>Note: when a shopkeeper devalues of a certain product or commodity as he/she is being unable to sold the product or commodity at the original selling price that was planned, it normally means the product or commodity is being markdown due to certain issues.</em>

So, a music player was marked down by 1/4 of the original price, and we have to calculate the original price if the sales price is $128.

Let 'p' be the original price

As a music player was marked down by 1/4 of the original price

So, Markdown = 1/4p

As the sales price is $128

As the Sale price = p - \frac{p}{4} ⇒ \frac{3p}{4}

128 = \frac{3p}{4}

552 =3p

p =170.66          

<em>Hence, 170.66$ would the original price.</em>

<em>Part B) Determining the Price that the store paid for the music player</em>

<em>When an amount is added to the cost price of a product or commodity in order to determine the selling price, it means the the product or commodity is being marked up</em>.

So, as the music player was marked up by 1/2 before it was placed on the sales floor and we have to determine the price that store paid for the player.

So, dividing the original price by 2 and adding the result to the original price would give us the price that store had to pay for the music player.

As the original price is 170.66.

So, the price that the store paid for the music player can be calculated as:

price = 170.66 + 170.66/2

price = 170.66 + 85.33

price = 255.99$  ≈ 256$

<em>Therefore, 256$ was the price that the store paid for the music player.</em>

<em>Part C) Determining the difference between the discount price and the price that the store paid for the music</em>

For example, let suppose you are a shopkeeper and have a jeans fabric business. You want to make money from it. But, in order to earn money from selling jeans fabric, you have to make sure that your price must be at the right value price both in terms of generating money and also giving your customer a great value for the money to given them a decent deal.

What you need to balance is your markup, meaning how much to raise your price, and your markdown, meaning, how to much to decrease prices.

In business, the conditions may never always remain favorable due to certain circumstance, hence bad days. Sometimes, the conditions get ideal for business, hence good days.

As I earlier sated that when a shopkeeper devalues of a certain product or commodity as he/she is being unable to sold the product or commodity at the original selling price that was planned, it normally means the product or commodity is being markdown due to certain issues.

For example, the cost price of 1 Jeans fabric is 10$, and you want to earn profit. So, you mark up your fabric to 30$.  As $30 is $20 more than $10. So, markup value will be 2. In terms of percentage, it means you have a markup of 200%.

But, due to certain issues, your sales are being effected due to certain condition. In order to not affect the sales, you want to markdown the price - <em>a kind of discount</em>. Your starting price was $30 and want to decrease the price to $20. It means the difference is $10. So, you have made a markup or given a discount of $30/$10 = 0.33. In terms of percentage, it is around 33%. So, you have given the <em>discount</em> of 33% to hope for the great sales.

So, in the question, when the music player was marked down by 1/4 of the original price, it means the <em>discount of 1/4</em> of the original price was provided. As the sale price was $128, and original price was $170.66. So, <em>discount of 1/4 or 25%</em> was offered.

As the original price was $170, and it was marked up by 1/2 by the owner or creator of music player before it was placed on the sales floor. So, 256$ was the price that the store paid for the music player.

<em>Keywords: markdown, markup, discount, price</em>

Learn about markdown and markup from brainly.com/question/7028588

#learnwithBrainly

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Naoya read a book cover to cover in a single session, at a rate of 555555 pages per hour. After 444 hours, he had 350350350 page
natali 33 [55]

Answer:

y=-55x+570

Step-by-step explanation:

The correct question is

Naoya read a book cover to cover in a single session, at a rate of 55 pages per hour. After 4 hours, he had 350 pages left to read.

Let y represent the number of pages left to read after x hours.

Complete the equation for the relationship between the number of pages left and number of hours.

Let

x -----> the time in hours

y ----> the number of pages left to read

we know that

The linear equation in point-slope  form is equal to

y-y1=m(x-x1)

In this problem we have

m=-55\frac{pages}{hour}  ----> is negative because the linear function is decreasing

point\ (4,350)

substitute

y-350=-55(x-4)

y-350=-55x+220

y=-55x+220+350

y=-55x+570

8 0
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What is the slope of the line represented by 5x + 2y = -15.
olasank [31]

Answer:

5x + 2y = -15

2y = -15-5x

y = -5/2x-15/2

SLOPE:  -5/2

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What is the length of the hypotenuse of a right triangle with legs that are 7 and 8 inches
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B). 10.63
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