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Alex17521 [72]
3 years ago
12

Devonte have a loan of $39,650 loan has a simple interest rate of 4% per year what is the amount of interest at Devante will be

charged on this loan at the end of one year
Mathematics
1 answer:
Naily [24]3 years ago
3 0

Answer: $1582.40

Step-by-step explanation:

Since it's a simple interest rate, you just have to multiply $39,650 by 0.04, which is equal to 4%. When you do this, you get $1582.40.

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Use the Distributive Property to write an expression equivalent to 7(3x + 9)
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3 years ago
Suppose the area that can be painted using a single can of spray paint is slightly variable and follows a nearly normal distribu
Nesterboy [21]

Answer:

Step-by-step explanation:

Hello!

The variable of interest is:

X: are that can be painted with one can of spray paint.

This variable is normally distributed with mean μ= 25 feet² and standard deviation σ= 3 feet²

a. What is the probability that the area covered by a can of spray paint is more than 27 square feet?

Symbolically:

P(X≥27)

To reach the value of probability you have to use the standard normal distribution, so first you have to standardize the value of X using: Z= (X-μ)/σ

P(X≥27)= P(Z≥(27-25)/3)= P(Z≥0.67)

Now, since the Z-table has the information of cumulative probabilities: P(Zα≤Z₀)=1-α You have to do the following conversion to calculate the asked probability:

1 - P(Z<0.67)= 1 - 0.749= 0.251

b. Suppose you want to spray paint an area of 540 square feet using 20 cans of spray paint. On average, how many square feet must each can be able to cover to spray paint all 540 square feet?

If you want to paint 540 feet² using 20 cans, then each can have to paint 540/20= 27 feet² on average to cover the area.

c. What is the probability that you can cover a 540 square feet area using 20 cans of spray paint?

If you want to paint 540 feet² using the 20 cans of spray paint is the same as saying that you'll paint at least 27 feet² on average per can, symbolically:

P(X[bar]≥27)

Now you have to work with the distribution of the sample mean instead of the distribution of the variable, so for the standardization, the formula to use is Z= (X-μ)/(σ/√n).

P(X[bar]≥27)= P(Z≥(27-25)/(3/√20))= P(Z≥2.98)= 1 - P(Z≤2.98)= 1 - 0.999= 0.001

d. If the area covered by a can of spray paint had a slightly skewed distribution, could you still calculate the probabilities in parts (a) and (c) using the normal distribution?

No, if the distribution of the variable is not exactly normal, the calculations on a. and c. are not valid.

If the sample was large enough (n≥30) you could apply the central limit theorem and approximate the distribution of the sample mean to normal, if that were the case then the calculations in c. would be valid.

I hope it helps!

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4 years ago
- Mr. Kelly's bill at Olive Garden totaled $23.84. He
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