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Ludmilka [50]
2 years ago
7

What does it mean to be a medium of exchange?

Mathematics
1 answer:
evablogger [386]2 years ago
6 0
D. Any item that maintains its worth over time. Plz mark Brainliest
You might be interested in
23. A certain type of gasoline is supposed to have a mean octane rating of at least 90. Suppose measurements are taken on of 5 r
Nostrana [21]

Answer:

a) p_v =P(Z          

b) Since p_v we can reject the null hypothesis at the significance level given. So based on this we can commit type of Error I.

Because Type I error " is the rejection of a true null hypothesis".

c) P(\bar X >90)=1-P(Z

1-P(Z

d) For this case we need a z score that accumulates 0.02 of the area on the right tail and 0.98 on the left tail and this value is z=2.054

And we can use this formula:

2.054=\frac{90-89}{\frac{0.8}{\sqrt{n}}}

And if we solve for n we got:

n = (\frac{2.054 *0.8}{1})^2=2.7 \approx 3

Step-by-step explanation:

Previous concepts  and data given  

The margin of error is the range of values below and above the sample statistic in a confidence interval.  

Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".  

We can calculate the sample mean and deviation with the following formulas:

\bar X = \frac{\sum_{i=1}^n X_i}{n}

s=\sqrt{\sum_{i=1}^n (X_i -\bar X)^2}{n-1}

\bar X=88.96 represent the sample mean    

s=1.011 represent the sample standard deviation  

n=5 represent the sample selected  

\alpha significance level    

State the null and alternative hypotheses.    

We need to conduct a hypothesis in order to check if the mean is less than 90, the system of hypothesis would be:    

Null hypothesis:\mu \geq 90    

Alternative hypothesis:\mu < 90    

If we analyze the size for the sample is < 30 and we don't know the population deviation so is better apply a t test to compare the actual mean to the reference value, and the statistic is given by:    

z=\frac{\bar X-\mu_o}{\frac{\sigma}{\sqrt{n}}}  (1)    

z-test: "Is used to compare group means. Is one of the most common tests and is used to determine if the mean is (higher, less or not equal) to an specified value".    

Calculate the statistic  

We can replace in formula (1) the info given like this:    

z=\frac{88.96-90}{\frac{0.8}{\sqrt{5}}}=-2.907      

Part a

P-value  

First we need to calculate the degrees of freedom given by:

df=n-1=5-1 = 4

Then since is a left tailed test the p value would be:    

p_v =P(Z    

Part b

Since p_v we can reject the null hypothesis at the significance level given. So based on this we can commit type of Error I.

Because Type I error " is the rejection of a true null hypothesis".

Part c

We want this probability:

P(\bar X

The best way to solve this problem is using the normal standard distribution and the z score given by:

z=\frac{x-\mu}{\frac{\sigma}{\sqrt{n}}}

If we apply this formula to our probability we got this:

P(\bar X >90)=1-P(Z

1-P(Z

Part d

For this case we need a z score that accumulates 0.02 of the area on the right tail and 0.98 on the left tail and this value is z=2.054

And we can use this formula:

2.054=\frac{90-89}{\frac{0.8}{\sqrt{n}}}

And if we solve for n we got:

n = (\frac{2.054 *0.8}{1})^2=2.7 \approx 3

7 0
3 years ago
I need help on #9. The help would be grateful appreciated.
ELEN [110]
Original Figure:
Length = 15
Width = 5
Height = 10
Volume = Length*Width*Height
Volume = 15*5*10
Volume = 750

New Figure
Length = 3
Width = 1
Height = 2
Each dimension has been divided by 5 (eg: 15/5 = 3)
Volume = Length*Width*Height
Volume = 3*1*2
Volume = 6

The old volume was 750 and it changes to 6
Notice how 750/6 = 125
Which can be rearranged to 750/125 = 6

Answer: if you divide the old volume by 125, then you get the new volume

Note: the new volume is 125 times smaller than the old volume
Put another way, the old volume is 125 times larger compared to the new volume

The fact that 125 = 5^3 is not a coincidence. If you divide each dimension by some number k, then you divide the volume by k^3

8 0
3 years ago
What much expression represents a rational number?
Pie

Answer:

\displaystyle \frac{2}{7}+\sqrt{121}

Step-by-step explanation:

<u>Rational Numbers</u>

A rational number is any number that can be expressed as a fraction

\displaystyle \frac{a}{b}, \ b\neq 0

for a and b any integer and b different from 0.

As a consequence, any number that cannot be expressed as a fraction or rational number is defined as an Irrational number.

Let's analyze each one of the given options

\displaystyle \frac{5}{9}+\sqrt{18}

The first part of the number is indeed a rational number, but the second part is a square root whose result cannot be expressed as a rational, thus the number is not rational

\pi + \sqrt{16}

The second part is an exact square root (resulting 4) but the first part is a known irrational number called pi. It's not possible to express pi as a fraction, thus the number is irrational

\displaystyle \frac{2}{7}+\sqrt{121}

The square root of 121 is 11. It makes the whole number a sum of a rational number plus an integer, thus the given number is rational

\displaystyle \frac{3}{10}+\sqrt{11}

As with the first number, the square root is not exact. The sum of a rational number plus an irrational number gives an irrational number.

Correct option:

\boxed{\displaystyle \frac{2}{7}+\sqrt{121}}

6 0
3 years ago
What is the value of x?
GrogVix [38]
The answer is 148 degrees it’s congruent
6 0
3 years ago
Read 2 more answers
Name two things in your classroom that can hold more than 1 cup
sergij07 [2.7K]
Water bottle,Cup.is what can hold 2 cups
3 0
3 years ago
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