Answer to question is y=-5x-11
Answer:
- a) P(x) = 32000*1.04^x
- b) $37435
- c) During year 7
Step-by-step explanation:
<u>Given</u>
- Initial pay = $32000
- Increase rate = 4%
a. <u>Formula</u>
b. Year 5 is after 4 years, so we are looking for the value of P(4)
- P(4) = $32000*1.04^4 = $37435
c. <u>P(x) = 40000, x = ?</u>
- 40000 = 32000*1.04^x
- 1.04^x = 40000/32000
- 1.04^x = 1.25
- log 1.04^x = log 1.25
- x = log 1.25 / log 1.04
- x = 5.69, this is 6 years after
The required number of the years is 6 + 1 = 7
Answer:
0
Step-by-step explanation:
Using the z-distribution, it is found that the lower bound of the 99% confidence interval is given by:
d. 68.39%.
<h3>What is a confidence interval of proportions?</h3>
A confidence interval of proportions is given by:

In which:
is the sample proportion.
In this problem, we have a 99% confidence level, hence
, z is the value of Z that has a p-value of
, so the critical value is z = 2.575.
The sample size and estimate are given by:

Hence, the lower bound is given by:

Hence the lower bound is of 68.39%, which means that option D is correct.
More can be learned about the z-distribution at brainly.com/question/25890103
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Answer:
p = 5 and b = 8
Step-by-step explanation:
First, create a system of equations:
2p + 4b = 42
7p + 9b = 107
Solve by elimination by multiplying the top equation by -7 and the bottom equation by 2:
-14p - 28b = -294
14p + 18b = 214
Add these together, and solve for b:
-10b = -80
b = 8
Plug in 8 as b into one of the equations, and solve for p:
2p + 4b = 42
2p + 4(8) = 42
2p + 32 = 42
2p = 10
p = 5
So, p = 5 and b = 8