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Setler [38]
2 years ago
7

Please state the percent equation. Not what it does, but what the actual equation looks like using variables.

Mathematics
1 answer:
Kisachek [45]2 years ago
6 0

Answer:

b

Step-by-step explanation:

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A statistician calculates that 8% of Americans own a Rolls Royce. If the statistician is right, what is the probability that the
hichkok12 [17]

Answer:

0.007 = 0.7% probability that the proportion of Rolls Royce owners in a sample of 595 Americans would differ from the population proportion by more than 3%

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the z-score of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean \mu and standard deviation \sigma, the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean \mu and standard deviation s = \frac{\sigma}{\sqrt{n}}.

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean \mu = p and standard deviation s = \sqrt{\frac{p(1-p)}{n}}

A statistician calculates that 8% of Americans own a Rolls Royce.

This means that p = 0.08

Sample of 595:

This means that n = 595

Mean and standard deviation:

\mu = p = 0.08

s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.08*0.92}{595}} = 0.0111

What is the probability that the proportion of Rolls Royce owners in a sample of 595 Americans would differ from the population proportion by more than 3%?

Proportion above 8% + 3% = 11% or below 8% - 3% = 5%. Since the normal distribution is symmetric, these probabilities are equal, and so we find one of them and multiply by 2.

Probability the proportion is less than 5%:

P-value of Z when X = 0.05. So

Z = \frac{X - \mu}{\sigma}

By the Central Limit Theorem

Z = \frac{X - \mu}{s}

Z = \frac{0.05 - 0.08}{0.0111}

Z = -2.7

Z = -2.7 has a p-value of 0.0035

2*0.0035 = 0.0070

0.007 = 0.7% probability that the proportion of Rolls Royce owners in a sample of 595 Americans would differ from the population proportion by more than 3%

8 0
3 years ago
On farm there are 200 cows from those 200 cows there are 150 cows that can give milk .in one corral there are 20 cows. How many
LiRa [457]

Here the two samples should be comparable .

The total number of cows in the farm = 200

the total number of cows giving milk = 150

the total number of cows in corral = 20

Suppose total number of cows giving milk in corral = x

The ratio of the total number of cows present to the total number of cows giving milk should be same in farm and corral

so : 200 = 20

------- -------

150 x

now we do cross multiplication :

200 x = 150* 20

200x = 3000

x= 3000/200

x= 15

SO we expect 15 cows in corral should be giving milk .

Answer : 15

4 0
2 years ago
Read 2 more answers
3x^2-y^3-y^3-z if x=3, y=-2, and z=-5
Serggg [28]
3(3)^2-(-2)^3-(-2)^3-(-5) = 48

48 is the answer.
5 0
3 years ago
Read 2 more answers
Find the solution to the equation z – 7 = 8.
Bas_tet [7]
Z - 7 = 8

subtract 7 from both sides

z = 15

hope this helped!
7 0
1 year ago
Read 2 more answers
Help!<br><br> Simplify: (5/6)^2
aivan3 [116]

Answer:

.1147816 and the 6 is repeating

Step-by-step explanation:

What you do is you have to divide 5/6 first.

5/6=.83 and the 3 is repeating.

You will then square .83 to get:

.1147816 and the 6 is repeating as your answer.

4 0
2 years ago
Read 2 more answers
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