In a survey of 2,200 people who owned a certain type of car, 880 said they would buy that type of car again. What percent of th
1 answer:
Answer:
40%
Step-by-step explanation:
Given parameters:
Number of people surveyed = 2200
Number of people who said they would buy the car again = 880
Unknown:
The percentage of people satisfied with the car = ?
Solution:
The percentage of people satisfied with the car purchase can be determined using the expression below:
Percentage of people satisfied =
Percentage of people satisfied = x 100 = 40%
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Answer:
Sum of money invested in corporate bonds = 30,000
Step-by-step explanation:
Total sum = 40,000
The rate of interest for corporate bonds = 10 % = 0.1
The rate of interest for municipal bonds = 6 % = 0.06
Total interest = 3600
Let sum of money invested in corporate bonds = x
The sum of money invested in municipal bonds = 40000 - x
× 0.1 × 1 + (
) × 0.06 × 1 = 3600
(0.1- 0.06) + 2400 = 3600
0.04 = 1200
= 30,000
Since x = sum of money invested in corporate bonds
So sum of money invested in corporate bonds = 30000
Answer:
a) 6.68th percentile
b) 617.5 points
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
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 pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
a) A student who scored 400 on the Math SAT was at the ______ th percentile of the score distribution.
has a pvalue of 0.0668
So this student is in the 6.68th percentile.
b) To be at the 75th percentile of the distribution, a student needed a score of about ______ points on the Math SAT.
He needs a score of X when Z has a pvalue of 0.75. So X when Z = 0.675.