Samantha created part of a table to show her savings. She saved at the same rate each week. Which graph shows this relationship?
2 answers:
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Using the binomial distribution, it is found that the variance of the number that pass inspection in one day is 5.7.
For each component, there are only two possible outcomes, either it passes inspection, or it does not. The probability of a component passing inspections is independent of any other component, hence, the binomial distribution is used to solve this question.
Binomial probability distribution
Probability of <u>exactly x successes on n repeated trials, with p probability</u>, and has variance given by:
In this problem:
- 95% pass final inspection, hence
- 120 components are inspected in one day, hence
.
The variance is given by:
The variance of the number that pass inspection in one day is 5.7.
To learn more about the binomial distribution, you can take a look at brainly.com/question/24863377
Answer:
a)
b) The accountant should not question the voucher as the request is much higher than expected.
c) We can add the following variables
d) The percentage of variation in the trip cost that can be explained by the model = (0.64)^2 =0.4096 or 40.96%
A. Type of travel (air/car)
B. Gender of the executive (male/female)
The last option is not too important since we are analyzing the traveling executives not the type of business
Step-by-step explanation:
Part a
For this case we have the multiple regression model given by:
Where represent the number of days on the road and
the distance traveled in miles.
And we want to find the expected amount from a 340-mile trip that took her out of town for 5 days, so we just need to replace x1= 5 and x2=340 and we got:
Part b
The expected value taking in count that x1 = 5 and y = 340 is:
And the difference from the obtained value is : 685-441.50=243.5
So then the correct answer would be:
The accountant should not question the voucher as the request is much higher than expected.
Part c
We can add the following variables
A. Type of travel (air/car)
B. Gender of the executive (male/female)
The last option is not too important since we are analyzing the traveling executives not the type of business
Part d
The correlation coefficient is a "statistical measure that calculates the strength of the relationship between the relative movements of two variables". It's denoted by r and its always between -1 and 1.
The coefficient of determination "is a measure used in statistical analysis that assesses how well a model explains and predicts future outcomes. It is indicative of the level of explained variability in the data set".
The percentage of variation in the trip cost that can be explained by the model = (0.64)^2 =0.4096 or 40.96%