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motikmotik
2 years ago
13

On April 1, 1986, Casey deposited $1150 into a savings account paying 9.6% interest, compounded quarterly. If he hasn't made any

additional deposits or withdrawals since then, and if the interest rate has stayed the same, in what year did his balance hit $2300, according to the rule of 72? A. 1993 B. 1992 C. 1994 D. 1991​
Mathematics
1 answer:
jeka57 [31]2 years ago
8 0

Answer: A. 1993

Step-by-step explanation: A P E X

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Based on historical data, your manager believes that 26% of the company's orders come from first-time customers. A random sample
scoundrel [369]

Answer:

\hat p \sim N( p, \sqrt{\frac{p (1-p)}{n}})

And we can use the z score formula given by:

z = \frac{\hat p -\mu_p}{\sigma_p}

And if we find the parameters we got:

\mu_p = 0.26

\sigma_p = \sqrt{\frac{0.26(1-0.26)}{158}} = 0.0349

And we can find the z score for the value of 0.4 and we got:

z = \frac{0.4-0.26}{0.0349}= 4.0119

And we can find this probability:

P(z>4.0119) = 1-P(z

And if we use the normal standard table or excel we got:

P(z>4.0119) = 1-P(z

Step-by-step explanation:

For this case we have the following info given:

p = 0.26 represent the proportion of the company's orders come from first-time customers

n=158 represent the sample size

And we want to find the following probability:

p(\hat p >0.4)

And we can use the normal approximation since we have the following two conditions:

1) np = 158*0.26 = 41.08>10

2) n(1-p) = 158*(1-0.26) = 116.92>10

And for this case the distribution for the sample proportion is given by:

\hat p \sim N( p, \sqrt{\frac{p (1-p)}{n}})

And we can use the z score formula given by:

z = \frac{\hat p -\mu_p}{\sigma_p}

And if we find the parameters we got:

\mu_p = 0.26

\sigma_p = \sqrt{\frac{0.26(1-0.26)}{158}} = 0.0349

And we can find the z score for the value of 0.4 and we got:

z = \frac{0.4-0.26}{0.0349}= 4.0119

And we can find this probability:

P(z>4.0119) = 1-P(z

And if we use the normal standard table or excel we got:

P(z>4.0119) = 1-P(z

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2 years ago
The product of 7 and a number equals the sum of the same number and How do I write in as a verbal sentence
ki77a [65]

7n = n


If that is incorrect, then i am sorry

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I need it done asapp✔️
Alexxx [7]

Answer:

It is at 0 that mean that is the answer right?

Step-by-step explanation:

6 0
3 years ago
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Help me with this pls!!! You need to fill in the blanks with the words given above 99 Points!
sweet-ann [11.9K]

A simulation is a mathematical model used to represent a situation.

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How many students were enrolled by the end of the fourteenth century at the university of salamanca?
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