Isabella invested $1300 in an account that pays 4.5% compounded annually. Assuming no deposits or withdrawals are made , find ho
1 answer:
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Using the normal distribution, we have that:
- The distribution of X is
.
- The distribution of
is
.
- 0.0597 = 5.97% probability that a single movie production cost is between 55 and 58 million dollars.
- 0.2233 = 22.33% probability that the average production cost of 17 movies is between 55 and 58 million dollars. Since the sample size is less than 30, assumption of normality is necessary.
The z-score of a measure X of a normally distributed variable with mean and standard deviation
is given by:
- The z-score measures how many standard deviations the measure is above or below the mean.
- Looking at the z-score table, the p-value associated with this z-score is found, which is the percentile of X.
- By the Central Limit Theorem, the sampling distribution of sample means of size n has standard deviation
.
In this problem, the parameters are given as follows:
Hence:
- The distribution of X is
- The distribution of
The probabilities are the <u>p-value of Z when X = 58 subtracted by the p-value of Z when X = 55</u>, hence, for a single movie:
X = 58:
Z = 0.05.
Z = 0.05 has a p-value of 0.5199.
X = 55:
Z = -0.1.
Z = -0.1 has a p-value of 0.4602.
0.5199 - 0.4602 = 0.0597 = 5.97% probability that a single movie production cost is between 55 and 58 million dollars.
For the sample of 17 movies, we have that:
X = 58:
Z = 0.19.
Z = 0.19 has a p-value of 0.5753.
X = 55:
Z = -0.38.
Z = -0.38 has a p-value of 0.3520.
0.5753 - 0.3520 = 0.2233 = 22.33% probability that the average production cost of 17 movies is between 55 and 58 million dollars. Since the sample size is less than 30, assumption of normality is necessary.
More can be learned about the normal distribution at brainly.com/question/4079902
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Answer:
12862.83cm³
Step-by-step explanation:
Volume of the Box: [L×W×H] or [30x30x30] or [27000cm³]
Volume of the Sphere: [] (
=pi=3.14) (r=radius=15) or [
×3.14×3375] or [14137.17cm³]
Volume of the empty space: 27000cm³-14137.17cm³=12862.83cm³
Btw there are online tools to help you find the volume of a sphere (just use it after you understand the equation)
Hope I helped!
