You want to put $4,000 in a simple interest account. It has a 2.5% annual interest rate. How long will it take you to earn $500
1 answer:
You might be interested in
Answer:
Step 3
Step-by-step explanation:
Leonardo is solving the equation 4 (x minus one-fifth) = 2 and two-thirds. His work is shown. Where is his error?
Given :
4(x - 1/5) = 2 2/3
Open the bracket
4x - 4/5 = 2 2/3
Add 4/5 to both sides
4x - 4/5 + 4/5 = 8/3 + 4/5
Lcm of 3 and 5 = 15
4x = (40 + 12) / 15
4x = 40/15 + 12/15
4x = 52/15
Multiply by 1/4
4x * 1/4 = 52/15 * 1/4
x = 52 / 60
x = 13 / 15
Hence, the error is in step 3
15/5 * 3 = 12
Rather ; Leonardo wrote 16
Answer:
a) Figure attached
b)
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability with this difference:
An we know using the graph in part a that this area correspond to 0.95 or 95%
c)
And we can find this probability with this difference:
An we know using the graph in part a that this area correspond to 0.95 or 34+34+13.5+2.35%=83.85%
d)
And using the z score we got:
And that correspond to approximately 0.15%
Step-by-step explanation:
Part a
For this case we can see the figure attached.
Previous concepts
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".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Part b
Let X the random variable that represent the length of human pregnancy of a population, and for this case we know that:
Where and
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability with this difference:
An we know using the graph in part a that this area correspond to 0.95 or 95%
Part c
And we can find this probability with this difference:
An we know using the graph in part a that this area correspond to 0.95 or 34+34+13.5+2.35%=83.85%
Part d
We want this probability:
And using the z score we got:
And that correspond to approximately 0.15%
