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abruzzese [7]
3 years ago
15

Help me plssssss!!!!!

Mathematics
1 answer:
sergiy2304 [10]3 years ago
6 0

Answer:

si yo lo sé tú también cierto

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A company rounds its losses to the nearest dollar. The error on each loss is independently and uniformly distributed on [–0.5, 0
lesya [120]

Answer:

the 95th percentile for the sum of the rounding errors is 21.236

Step-by-step explanation:

Let consider X to be the rounding errors

Then; X \sim U (a,b)

where;

a = -0.5 and b = 0.5

Also;

Since The error on each loss is independently and uniformly distributed

Then;

\sum X _1 \sim N ( n \mu , n \sigma^2)

where;

n = 2000

Mean \mu = \dfrac{a+b}{2}

\mu = \dfrac{-0.5+0.5}{2}

\mu =0

\sigma^2 = \dfrac{(b-a)^2}{12}

\sigma^2 = \dfrac{(0.5-(-0.5))^2}{12}

\sigma^2 = \dfrac{(0.5+0.5)^2}{12}

\sigma^2 = \dfrac{(1.0)^2}{12}

\sigma^2 = \dfrac{1}{12}

Recall:

\sum X _1 \sim N ( n \mu , n \sigma^2)

n\mu = 2000 \times 0 = 0

n \sigma^2 = 2000 \times \dfrac{1}{12} =  \dfrac{2000}{12}

For 95th percentile or below

P(\overline X <  95}) = P(\dfrac{\overline X - \mu }{\sqrt{{n \sigma^2}}}< \dfrac{P_{95}- 0 } {\sqrt{\dfrac{2000}{12}}}) =0.95

P(Z< \dfrac{P_{95} } {\sqrt{\dfrac{2000}{12}}}) = 0.95

P(Z< \dfrac{P_{95}\sqrt{12} } {\sqrt{{2000}}}) = 0.95

\dfrac{P_{95}\sqrt{12} } {\sqrt{{2000}}} =1- 0.95

\dfrac{P_{95}\sqrt{12} } {\sqrt{{2000}}} = 0.05

From Normal table; Z >   1.645 = 0.05

\dfrac{P_{95}\sqrt{12} } {\sqrt{{2000}}} =1.645

{P_{95}\sqrt{12} } = 1.645 \times {\sqrt{{2000}}}

{P_{95} = \dfrac{1.645 \times {\sqrt{{2000}}} }{\sqrt{12} } }

\mathbf{P_{95} = 21.236}

the 95th percentile for the sum of the rounding errors is 21.236

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Answer:

16

Step-by-step explanation:

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