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Mariana [72]
3 years ago
8

Lin's sister has a checking account. If the account balance ever falls below zero, the bank charges her a fee of $5.95 per day.

Today, the balance in Lin's sister's account is -$2.67. In 14 days, Lin's sister will be paid $430 and will deposit it into her checking account. If there are no other transactions besides this deposit and the daily fee, will Lin continue to be charged $5.95 each day after this deposit is made? Explain or show your reasoning.
Mathematics
1 answer:
VladimirAG [237]3 years ago
5 0

Answer: No, the bank will not keep charging her the $5.95 after the deposit is made.

Step-by-step explanation:

Today, Lin's sister's balance is -$2.67

She gets charged $5.95 per day.

There are 14 days until she can charge some money in the bank account, so the bank will charge $5.92 14 times

So her balance after 14 days will be:

Balance = -$2.67 - $5.95*14 = -$85.97

When she charges the $430 in the account, her balance will be:

Balance = -$85.97 + $430 = $344.03

So now she has a positive balance, which means that the bank does not charge her anymore.

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An article contained the following observations on degree of polymerization for paper specimens for which viscosity times concen
devlian [24]

Answer:

(a) A 95% confidence interval for the population mean is [433.36 , 448.64].

(b) A 95% upper confidence bound for the population mean is 448.64.

Step-by-step explanation:

We are given that article contained the following observations on degrees of polymerization for paper specimens for which viscosity times concentration fell in a certain middle range:

420, 425, 427, 427, 432, 433, 434, 437, 439, 446, 447, 448, 453, 454, 465, 469.

Firstly, the pivotal quantity for finding the confidence interval for the population mean is given by;

                              P.Q.  =  \frac{\bar X-\mu}{\frac{s}{\sqrt{n} } }  ~ t_n_-_1

where, \bar X = sample mean = \frac{\sum X}{n} = 441

            s = sample standard deviation = \sqrt{\frac{\sum (X-\bar X)^{2} }{n-1} }  = 14.34

            n = sample size = 16

            \mu = population mean

<em>Here for constructing a 95% confidence interval we have used One-sample t-test statistics as we don't know about population standard deviation.</em>

<em />

<u>So, 95% confidence interval for the population mean, </u>\mu<u> is ;</u>

P(-2.131 < t_1_5 < 2.131) = 0.95  {As the critical value of t at 15 degrees of

                                             freedom are -2.131 & 2.131 with P = 2.5%}  

P(-2.131 < \frac{\bar X-\mu}{\frac{s}{\sqrt{n} } } < 2.131) = 0.95

P( -2.131 \times {\frac{s}{\sqrt{n} } } < {\bar X-\mu} < 2.131 \times {\frac{s}{\sqrt{n} } } ) = 0.95

P( \bar X-2.131 \times {\frac{s}{\sqrt{n} } } < \mu < \bar X+2.131 \times {\frac{s}{\sqrt{n} } } ) = 0.95

<u>95% confidence interval for</u> \mu = [ \bar X -2.131 \times {\frac{s}{\sqrt{n} } } , \bar X +2.131 \times {\frac{s}{\sqrt{n} } } ]

                                      = [ 441-2.131 \times {\frac{14.34}{\sqrt{16} } } , 441+2.131 \times {\frac{14.34}{\sqrt{16} } } ]

                                      = [433.36 , 448.64]

(a) Therefore, a 95% confidence interval for the population mean is [433.36 , 448.64].

The interpretation of the above interval is that we are 95% confident that the population mean will lie between 433.36 and 448.64.

(b) A 95% upper confidence bound for the population mean is 448.64 which means that we are 95% confident that the population mean will not be more than 448.64.

6 0
3 years ago
June starts a savings account and puts $1,500 in it. She ears a compound interest of 3% in 3 years. How much is the balance?
MrMuchimi

Answer:

$1,635

Step-by-step explanation:

she makes $45 a year so if you multiply that by 3 you get $135

6 0
3 years ago
At the store the ratio of books sold to movies sold was 8:2. For every __ books sold there were __ movies sold
AveGali [126]

8:2

divide  each side by 2

4:1

For every _8_ books sold there were _2_ movies sold  OR

For every _4_ books sold there were _1_ movies sold

3 0
3 years ago
Rotate point C(6,-3) 90 clockwise<br><br> PLEASE HELP
AleksandrR [38]

The answer is (-3, -6)

Step-by-step explanation:

turn the x into a y, and the y into a opposite x.

6 0
3 years ago
Simpifly 49/84 <br> ...........
sineoko [7]

Answer:

7/12

Step-by-step explanation:

Divide both the numerator & denoniminator by 7.

49 / 7 = 7

84 / 7 = 12

7/12

3 0
3 years ago
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