uppose that​ Mary's utility function is​ U(W) = W0.5​, where W is wealth. She has an initial wealth of​ $100. How much of a risk premium would she want to participate in a gamble that has a​ 50% probability of raising her wealth to ​$115 and a​ 50% probability of lowering her wealth to ​$77​? ​Mary's risk premium is ​$ nothing. ​ (round your answer to two decimal places​)

Answers

Answer 1

Note that [tex]U(W) = W^{0.5}[/tex]

Answer:

Mary's risk premium is $0.9375

Step-by-step explanation:

Mary's utility function,  [tex]U(W) = W^{0.5}[/tex]

Mary's initial wealth = $100

The gamble has a 50% probability of  raising her wealth to $115 and a 50% probability of lowering it to $77

Expected wealth of Mary, [tex]E_w[/tex]

[tex]E_{w}[/tex] = (0.5 * $115) + (0.5 * $77)

[tex]E_{w}[/tex] = 57.5 + 38.5

[tex]E_{w}[/tex] = $96

The expected value of Mary's wealth is $96

Calculate the expected utility (EU) of Mary:-

[tex]E_u = [0.5 * U(115)] + [0.5 * U(77)]\\E_u = [0.5 * 115^{0.5}] + [0.5 * 77^{0.5}]\\E_u = 5.36 + 4.39\\E_u = \$ 9.75[/tex]

The expected utility of Mary is $9.75

Mary will be willing to pay an amount P as risk premium to avoid taking the risk, where

U(EW - P) is equal to Mary's expected utility from the risky gamble.

U(EW - P) = EU

U(94 - P) = 9.63

Square root (94 - P) = 9.63

If Mary's risk premium is P, the expected utility will be given by the formula:

[tex]E_{u} = U(E_{w} - P)\\E_{u} = U(96 - P)\\E_u = (96 - P)^{0.5}\\(E_u)^2 = 96 - P\\ 9.75^2 = 96 - P\\95.0625 = 96 - P\\P = 96 - 95.0625\\P = 0.9375[/tex]

Mary's risk premium is $0.9375


Related Questions

There are 2 new seats in each row in a school auditorium. There are 20 rows in the auditorium. Each new seat costs $84 what is the cost for the new seats

Answers

3360 is the answer

Todd is 3 years older than his brother Jack. If Jack is x years old and Todd is y years
old, write a rule that relates their ages over time. When Jack is 28 years old, how old will Todd be?

Answers

Answer:

1)   y = x + 3

2)   31 years old

Step-by-step explanation:

Jack is x years old

Todd is y years old

Todd is 3 years older than his brother Jack => y = x + 3

When Jack is 28 years old, Todd is y = 28 + 3 = 31 years old

Reese read twice as many pages Saturday than she read Sunday. If she read a total of 78 pages over the weekend, how many pages did Reese read Sunday?

Answers

Answer:

Reese read 26 pages on Sunday.

Step-by-step explanation:

If she read twice the amount on Saturday than she read on Sunday, then you can replace the days with variables. 2x for Saturday and x for Sunday. That leaves you with 2x + x = 78. This can be simplified to 3x = 78. We can solve this by dividing both sides by 3. This leaves you with x = 26. If x represents the pages read on Sunday then Reese read 26 pages on Sunday.

John is painting parallel lines in the parking lot to create parking spaces. The measure of angle A is 60°. What is the measure of angle B? A. 60° B. 90° C. 120° D. 180° E. any acute angle

Answers

Answer:60°

Step-by-step explanation:I don't say u must have to mark my ans as brainliest but if it has really helped u plz don't forget to thank me....

Answer:

A.

60°

Hope its right.

Step-by-step explanation:

What is the base of a triangle that has a height of 6 centimeters and an area of 18 centimeters? Use the formula h = StartFraction 2 A Over b EndFraction, where A represents the area of the triangle, h represents the height, and b represents the length of the base. One-third centimeter Two-thirds centimeters 3 Centimeters 6 Centimeters

Answers

Answer:

The base is 6cm

Step-by-step explanation:

Using [tex]\frac{1}{2}[/tex]bh=area, you just plug in 6 for h and 18 for area and solve. The formula should be 3b=18, which equals 6

The solution is Option D.

The length of the base of the triangle is B = 6 cm

What is a Triangle?

A triangle is a plane figure or polygon with three sides and three angles.

A Triangle has three vertices and the sum of the interior angles add up to 180°

Let the Triangle be ΔABC , such that

∠A + ∠B + ∠C = 180°

The area of the triangle = ( 1/2 ) x Length x Base

For a right angle triangle

From the Pythagoras Theorem , The hypotenuse² = base² + height²

if a² + b² = c² , it is a right triangle

if a² + b² < c² , it is an obtuse triangle

if a² + b² > c² , it is an acute triangle

Given data ,

Let the area of the triangle be represented as A

Now , the value of A = 18 cm²

Let the base of the triangle be B

Let the height of the triangle be H = 6 cm

Now , area of the triangle = ( 1/2 ) x Length x Base

Substituting the values in the equation , we get

18 = ( 1/2 ) x B x 6

18 = 3B

Divide by 3 on both sides of the equation , we get

B = 6 cm

Hence , the base length of the triangle is B = 6 cm

To learn more about triangles click :

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​ 5y−4≥26 first step?

Answers

Answer:

5y - 4 ≥ 26

5y ≥ 26 + 4

5y ≥ 30

y ≥ 30/5

y ≥ 6

Eric’s average income for the first 4 months of the year is $1,450.25, what must be his average income for the remaining 8 months so that his average income for the year is $1,780.75?
Answer: $

Answers

Answer:

$1946

Step-by-step explanation:

His average for the first four months

= $1,450.25

So he earned 4*$1,450.25

= $5801 for the first four months.

Then for the year his average is $1,780.75.

So he earned $1,780.75*12 for the year.

=$ 21369

So the amount he earned for the remaining 8 months was 21369-5801

= $15568

The average for the 8 Months= 15568/8

= $1946

When is a rectangle a square?

Answers

Answer:

A. When its sides are congruent

Step-by-step explanation:

By definition a square is a four sided polygon (shape) which has four right angles and four sides of equal length.

So, when a rectangle has all congruent sides, its a square because its a rectangle so it has four right angles, and congruent sides are sides of the same length.

B is incorrect because a rectangle can have four right angles but have differing side lengths

C is incorrect because again a rectangle can have parallel sides but have differing side lengths

D is incorrect because it can have convex angles but again have differing side lengths

When sides of rectangle are congruent, then it is a square. Therefore, the correct answer is option A.

A rectangle is a closed two-dimensional figure with four sides. The opposite sides of a rectangle are equal and parallel to each other and all the angles of a rectangle are equal to 90°.

A square is a quadrilateral with four equal sides. There are many objects around us that are in the shape of a square. Each square shape is identified by its equal sides and its interior angles that are equal to 90°.

If all the sides of rectangle are congruent, then it is square.

Therefore, the correct answer is option A.

Learn more about the square here:

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A parent needs up to twelve students for a game. He needs no fewer than five male students. Let x represent the number of female students and y represent the number of male students. Select all inequalities that model this situation. x≥0 y>5 x+y≤12 x+y 0

Answers

Answer:

y>5, x+y underlined<12

Step-by-step explanation:

Answer:

Step-by-step explanation:

how much of other chemicals must be evaporated from 400grams of a hand sanitizer that is 24% alcohol to strengthen it to a hand sanitizer that is 30% alcohol? correct your answer to the nearest whole number

Answers

Answer:

80 grams

Step-by-step explanation:

Weight of 24% solution = 400 grams

Alcohol content= 24%

Amount of alcohol= 400*0.24= 96 grams

Weight of 30% solution with same amount of alcohol:

96/0.3= 320 grams

The difference in weights is the other chemicals evaporated:

400-320=80 grams

Juanita goes shopping in Times Square, where T-shirts are 20% off today. If she buys one in the next 10 minutes, she can get an extra 10% off the sale price. How much would Juanita pay for a T-shirt right now? *

Answers

Answer:

72%

Step-by-step explanation:

As the T-shirts have 20% off and Juanita would get an extra 10% off the sale price, the additional discount would be over the price with the 20% off included. This means that the sale price is the 80% of the normal price and an additional 10% over that 80% would be:

80*10%= 8

80%-8%= 72%

This means that Juanita would have to pay the 72% percent of the regular price of the T-shirt as the total discount would be 28% off.

Question 1
A student said, "To find the value of 109.2 : 6 I can divide 1,092 by 60."
Do you agree with her? Explain your reasoning.
B 1 U
14
X,
E = = =
[D] TTT
12pt​

Answers

Answer:

Yes, her reasoning is correct

Step-by-step explanation:

Given the ratio:  109.2 : 6

Written in fractional form, we have:

[tex]109.2: 6=\dfrac{109.2}{6}[/tex]

Now:

[tex]\dfrac{109.2}{6}=\dfrac{109.2}{6}X1, $ Let 1=\dfrac{10}{10}, \\\\=\dfrac{109.2}{6}X\dfrac{10}{10}\\\\=\dfrac{1092}{60}[/tex]

Therefore, the student's reasoning is correct. In fact, as a check:

[tex]\dfrac{109.2}{6}=18.2\\\\\dfrac{1092}{60}=18.2[/tex]

We would obtain the same result in both cases.

Answer:

yes

Step-by-step explanation:

This table gives a few (x,y) pairs of a line in the coordinate plane.

Answers

Answer:

-26

Step-by-step explanation:

y=mx+c

m= (y2 - y1 ) / (x2-x1)

m= (10-1) / (48 -36)

m = 0.75

10 = 0.75(48) + c

c = 10 - 36

c = -26

Box has 10 M&M candies: 5 red and 5 blue.
Two candies are taken from this box.
Find the probability that the first randomly taken candy will be red and second will be red again.
Taken candy doesn't go back to the box.

Simplify final fraction.

Answers

Answer:

As a simplified fraction, the probability that the first randomly taken candy will be red and second will be red again is [tex]\frac{2}{9}[/tex]

Step-by-step explanation:

A probability is the number of desired outcomes divided by the number of total outcomes.

The order in which the candies are selected is not important. So we use the combinations formula to solve this question.

Combinations formula:

[tex]C_{n,x}[/tex] is the number of different combinations of x objects from a set of n elements, given by the following formula.

[tex]C_{n,x} = \frac{n!}{x!(n-x)!}[/tex]

Desired outcomes:

2 candies from a set of 5. So

[tex]D = C_{5,2} = \frac{5!}{2!(5-2)!} = 10[/tex]

Total outcomes:

2 candies from a set of 10. So

[tex]T = C_{10,2} = \frac{10!}{2!(10-2)!} = 45[/tex]

Probability:

[tex]p = \frac{D}{T} = \frac{10}{45} = \frac{2}{9}[/tex]

As a simplified fraction, the probability that the first randomly taken candy will be red and second will be red again is [tex]\frac{2}{9}[/tex]

An industrial sewing machine uses ball bearings that are targeted to have a diameter of 0.75 inch. The lower and upper specification limits under which the ball bearings can operate are 0.74 inch and 0.76 inch, respectively. Past experience has indicated that the actual diameter of the ball bearings is approximately normally distributed, with a mean of 0.753 inch and a standard deviation of 0.004 inch. What is the probability that a ball bearing is:___________.
a. between the target and the actual mean?
b. between the lower specification limit and the target?
c. above the upper specification limit?d. below the lower specification limit?

Answers

Answer:

(a) Probability that a ball bearing is between the target and the actual mean is 0.2734.

(b) Probability that a ball bearing is between the lower specification limit and the target is 0.226.

(c) Probability that a ball bearing is above the upper specification limit is 0.0401.

(d) Probability that a ball bearing is below the lower specification limit is 0.0006.

Step-by-step explanation:

We are given that an industrial sewing machine uses ball bearings that are targeted to have a diameter of 0.75 inch. The lower and upper specification limits under which the ball bearings can operate are 0.74 inch and 0.76 inch, respectively.

Past experience has indicated that the actual diameter of the ball bearings is approximately normally distributed, with a mean of 0.753 inch and a standard deviation of 0.004 inch.

Let X = diameter of the ball bearings

SO, X ~ Normal([tex]\mu=0.753,\sigma^{2} =0.004^{2}[/tex])

The z-score probability distribution for normal distribution is given by;

                                Z  =  [tex]\frac{X-\mu}{\sigma} } }[/tex]  ~ N(0,1)

where, [tex]\mu[/tex] = population mean = 0.753 inch

           [tex]\sigma[/tex] = standard deviation = 0.004 inch

(a) Probability that a ball bearing is between the target and the actual mean is given by = P(0.75 < X < 0.753) = P(X < 0.753 inch) - P(X [tex]\leq[/tex] 0.75 inch)

      P(X < 0.753) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] < [tex]\frac{0.753-0.753}{0.004} } }[/tex] ) = P(Z < 0) = 0.50

      P(X [tex]\leq[/tex] 0.75) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] [tex]\leq[/tex] [tex]\frac{0.75-0.753}{0.004} } }[/tex] ) = P(Z [tex]\leq[/tex] -0.75) = 1 - P(Z < 0.75)

                                                             = 1 - 0.7734 = 0.2266

The above probability is calculated by looking at the value of x = 0 and x = 0.75 in the z table which has an area of 0.50 and 0.7734 respectively.

Therefore, P(0.75 inch < X < 0.753 inch) = 0.50 - 0.2266 = 0.2734.

(b) Probability that a ball bearing is between the  lower specification limit and the target is given by = P(0.74 < X < 0.75) = P(X < 0.75 inch) - P(X [tex]\leq[/tex] 0.74 inch)

      P(X < 0.75) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] < [tex]\frac{0.75-0.753}{0.004} } }[/tex] ) = P(Z < -0.75) = 1 - P(Z [tex]\leq[/tex] 0.75)

                                                            = 1 - 0.7734 = 0.2266

      P(X [tex]\leq[/tex] 0.74) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] [tex]\leq[/tex] [tex]\frac{0.74-0.753}{0.004} } }[/tex] ) = P(Z [tex]\leq[/tex] -3.25) = 1 - P(Z < 3.25)

                                                             = 1 - 0.9994 = 0.0006

The above probability is calculated by looking at the value of x = 0.75 and x = 3.25 in the z table which has an area of 0.7734 and 0.9994 respectively.

Therefore, P(0.74 inch < X < 0.75 inch) = 0.2266 - 0.0006 = 0.226.

(c) Probability that a ball bearing is above the upper specification limit is given by = P(X > 0.76 inch)

      P(X > 0.76) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] > [tex]\frac{0.76-0.753}{0.004} } }[/tex] ) = P(Z > -1.75) = 1 - P(Z [tex]\leq[/tex] 1.75)

                                                            = 1 - 0.95994 = 0.0401

The above probability is calculated by looking at the value of x = 1.75 in the z table which has an area of 0.95994.

(d) Probability that a ball bearing is below the lower specification limit is given by = P(X < 0.74 inch)

      P(X < 0.74) = P( [tex]\frac{X-\mu}{\sigma} } }[/tex] < [tex]\frac{0.74-0.753}{0.004} } }[/tex] ) = P(Z < -3.25) = 1 - P(Z [tex]\leq[/tex] 3.25)

                                                            = 1 - 0.9994 = 0.0006

The above probability is calculated by looking at the value of x = 3.25 in the z table which has an area of 0.9994.

Using the normal distribution, it is found that there is a

a) 0.2734 = 27.34% probability that a ball bearing is between the target and the actual mean.

b) 0.226 = 22.6% probability that a ball bearing is between the lower specification limit and the target.

c) 0.0401 = 4.01% probability that a ball bearing is above the upper specification limit.

d) 0.0006 = 0.06% probability that a ball bearing is below the lower specification limit.

In a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

It 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, which is the percentile of X.

In this problem:

Mean of 0.753 inch, hence [tex]\mu = 0.753[/tex].Standard deviation of 0.004 inch, hence [tex]\sigma = 0.004[/tex]

Item a:

This probability is the p-value of Z when X = 0.753 subtracted by the p-value of Z when X = 0.75.

X = 0.753:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.753 - 0.753}{0.004}[/tex]

[tex]Z = 0[/tex]

[tex]Z = 0[/tex] has a p-value of 0.5

X = 0.75:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.75 - 0.753}{0.004}[/tex]

[tex]Z = -0.75[/tex]

[tex]Z = -0.75[/tex] has a p-value of 0.2266

0.5 - 0.2266 = 0.2734

0.2734 = 27.34% probability that a ball bearing is between the target and the actual mean.

Item b:

This probability is the p-value of Z when X = 0.75 subtracted by the p-value of Z when X = 0.74, hence:

X = 0.75:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.75 - 0.753}{0.004}[/tex]

[tex]Z = -0.75[/tex]

[tex]Z = -0.75[/tex] has a p-value of 0.2266

X = 0.74:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.74 - 0.753}{0.004}[/tex]

[tex]Z = -3.25[/tex]

[tex]Z = -3.25[/tex] has a p-value of 0.0006.

0.2266 - 0.0006 = 0.226

0.226 = 22.6% probability that a ball bearing is between the lower specification limit and the target.

Item c:

This probability is 1 subtracted by the p-value of Z when X = 0.76, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.76 - 0.753}{0.004}[/tex]

[tex]Z = 1.75[/tex]

[tex]Z = 1.75[/tex] has a p-value of 0.9599.

1 - 0.9599 = 0.0401

0.0401 = 4.01% probability that a ball bearing is above the upper specification limit.

Item d:

This probability is the p-value of Z when X = 0.74, hence:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]Z = \frac{0.74 - 0.753}{0.004}[/tex]

[tex]Z = -3.25[/tex]

[tex]Z = -3.25[/tex] has a p-value of 0.0006.

0.0006 = 0.06% probability that a ball bearing is below the lower specification limit.

A similar problem is given at https://brainly.com/question/24663213

Write an equation of the line that passes through (2,-1) and (-3,3)

Answers

Answer:

Y=-4/5x+3/5y

Step-by-step explanation: first get the gradient

3--1/-3-2

=4/-5

y-3/x+3=4/-5

-5y+15=4x+12

-5y=4x-3

y=4/-5x+3/5

1. (a) The life time of a certain brand of bulbs produced by a company is normally distributed, with mean 210 hours and standard deviation 56 hours. What is the probability that a bulb picked at random from this company’s products will have a life time of:
(i) (ii) (iii) at least 300 hours,
at most 100 hours, between 150 and 250 hours.
(b) In a contest, two friends, Kofi and Mensah were asked to solve a problem. The probability that Kofi will solve it correctly is and the probability that Mensah
will solve it correctly is . Find the probability that neither of them solved it correctly.
2. Suppose that the random variable, X, is a number on the biased die and the p.d.f. of X is as shown below;
X
1
2
3
4
5
6

P(X=x)
1/6
1/6
1/5
k
1/5
1/6

a) Find;
(i) (ii) (iii) (iv) (v) the value of k. E(X)
E(X2) Var(X) P(1 £X <5)
b) If events A and B are such that they are independent, and P(A) = 0.3 with P(B) = 0.5;
i. ii. Find P(A n B) and P(AUB)
Are A and B mutually exclusive? Explain.
c) In how many ways can the letters of the word STATISTICS be arranged?

Answers

Answer:

See explanation

Step-by-step explanation:

Q1)a

- Denote a random variable ( X ) as the life time of a brand of bulb produced.

- The given mean ( μ ) = 210 hrs and standard deviation ( σ ) = 56 hrs. The distribution is symbolized as follows:

                           X ~ Norm ( 210 , 56^2 )

i) The bulb picked to have a life time of at least 300 hours.

- We will first standardize the limiting value of the RV ( X ) and determine the corresponding Z-score value:

          P ( X ≥ x ) = P ( Z ≥ ( x - μ ) / σ )

          P ( X ≥ 300 ) = P ( Z ≥ ( 300 - 210 ) / 56 )

          P ( X ≥ 300 ) = P ( Z ≥ 1.607 )  

- Use the standard normal look-up table for limiting value of Z-score:

         P ( X ≥ 300 ) = P ( Z ≥ 1.607 ) = 0.054  .. Answer

ii) The bulb picked to have a life time of at most 100 hours.

- We will first standardize the limiting value of the RV ( X ) and determine the corresponding Z-score value:

          P ( X ≤ x ) = P ( Z ≤ ( x - μ ) / σ )

          P ( X ≤ 100 ) = P ( Z ≤ ( 100 - 210 ) / 56 )

          P ( X ≤ 100 ) = P ( Z ≤ -1.9643 )  

- Use the standard normal look-up table for limiting value of Z-score:

         P ( X ≤ 100 ) = P ( Z ≤ -1.9643 ) = 0.0247  .. Answer

iii) The bulb picked to have a life time of between 150 and 250 hours.

- We will first standardize the limiting value of the RV ( X ) and determine the corresponding Z-score value:

          P ( x1 ≤ X ≤ x2 ) = P ( ( x1 - μ ) / σ ≤ Z ≤ ( x2 - μ ) / σ )

          P ( 150 ≤ X ≤ 250 ) = P ( ( 150 - 210 ) / 56 ≤ Z ≤ ( 250 - 210 ) / 56 )

          P ( 150 ≤ X ≤ 250 ) = P ( -1.0714 ≤ Z ≤ 0.71428 )  

- Use the standard normal look-up table for limiting value of Z-score:

         P ( 150 ≤ X ≤ 250 ) = P ( -1.0714 ≤ Z ≤ 0.71428 ) = 0.6205  .. Answer

Q1)b

- Denote event (A) : Kofi solves the problem correctly. Then the probability of him answering successfully is:

                    p ( A ) = 0.25

- Denote event (B) : Menesh solves the problem correctly. Then the probability of him answering successfully is:

                    p ( B ) = 0.4

- The probability that neither of them answer the question correctly is defined by a combination of both events ( A & B ). The two events are independent.  

- So for independent events the required probability can be stated as:

              p ( A' & B' ) = p ( A' ) * p ( B' )

              p ( A' & B' ) = [ 1 - p ( A ) ] * [ 1 - p ( B ) ]

              p ( A' & B' ) = [ 1 - 0.25 ] * [ 1 - 0.4 ]

              p ( A' & B' ) = 0.45 ... Answer

Q2)a

- A discrete random variable X: defines the probability of getting each number on a biased die.

- From the law of total occurrences. The sum of probability of all possible outcomes is always equal to 1.

             ∑ p ( X = xi ) = 1

             p ( X = 1 ) + p ( X = 2 ) + p ( X = 3 ) + p ( X = 4 ) + p ( X = 5 ) + p ( X = 6 )

             1/6 + 1/6 + 1/5 + k + 1/5 + 1/6 = 1

             k = 0.1  ... Answer

- The expected value E ( X ) or mean value for the discrete distribution is determined from the following formula:

             E ( X ) = ∑ p ( X = xi ) . xi

             E ( X ) = (1/6)*1 + (1/6)*2 + (1/5)*3 + (0.1)*4 + (1/5)*5 + (1/6)*6

             E ( X ) = 3.5 .. Answer

- The expected-square value E ( X^2 ) or squared-mean value for the discrete distribution is determined from the following formula:

             E ( X^2 ) = ∑ p ( X = xi ) . xi^2

             E ( X^2 ) = (1/6)*1 + (1/6)*4 + (1/5)*9 + (0.1)*16 + (1/5)*25 + (1/6)*36

             E ( X^2 ) = 15.233 .. Answer

- The variance of the discrete random distribution for the variable X can be determined from:

            Var ( X ) = E ( X^2 ) - [ E ( X ) ] ^2

            Var ( X ) = 15.2333 - [ 3.5 ] ^2

            Var ( X ) = 2.9833 ... Answer

- The cumulative probability of getting any number between 1 and 5 can be determined from the sum:

           P ( 1 < X < 5 ) = P ( X = 2 ) + P ( X = 3 ) + P ( X = 4 )

           P ( 1 < X < 5 ) = 1/6 + 1/5 + 0.1

           P ( 1 < X < 5 ) = 0.467  ... Answer

Q2)b

- Two independent events are defined by their probabilities as follows:

           p ( A ) = 0.3  and p ( B ) = 0.5

- The occurrences of either event does not change alter or affect the occurrences of the other event; hence, independent.

- For the two events to occur simultaneously at the same time:

          p ( A & B ) = p ( A )* p ( B )

          p ( A & B ) = 0.3*0.5

          p ( A & B ) = 0.15  ... Answer

- For either of the events to occur but not both. From the comparatively law of two independent events A and B we have:

        p ( A U B ) = p ( A ) + p ( B ) - 2*p ( A & B )

        p ( A U B ) = 0.3 + 0.5 - 2*0.15

        p ( A U B ) = 0.5 ... Answer

- Two mutually exclusive events can-not occur simultaneously; hence, the two events are not mutually exclusive because:

       p ( A & B ) = 0.15 ≠ 0

Q2)c

- The letters of the word given are to be arranged in number of different ways as follows:

                                  STATISTICS

- Number of each letters:

        S : 3

        T : 3

        A: 1

        I: 2

        C: 1

- 10 letters can be arranged in 10! ways.

- However, the letters ( S and T and I ) are repeated. So the number of permutations must be discounted by the number of each letter is repeated as follows:

                        [tex]\frac{10!}{3!3!2!} = \frac{3628800}{72} = 50,400[/tex]

- So the total number of ways the word " STATISTICS " can be re-arranged is 50,400 without repetitions.

                   

eu (european union) countries report that 46% of their labor force is female. The United Nations wnats to determine if the percentage of femailes in the U.S. labor force is the same. Based on sample, representatives from the United States department of labor find that the 95% confidence interval for the proportion of females in the U.S. labor force is .357 to .443. if the department of labores wishes to tighten it's interval they should

Answers

Answer:

Step-by-step explanation:

The question is incomplete. The complete question is:

EU (European Union) countries report that 46% of their labor force is female. The United Nations wants to determine if the percentage of females in the U.S. labor force is the same. Based on a sample of 500 employment records, representatives from the United States Department of Labor found that the 95% confidence interval for the proportion of females in the U.S. labor force is 0.357 to 0.443. If the Department of Labor wishes to tighten its interval, they should:

A. increase the confidence level

B. decrease the sample size

C. increase the sample size

D. Both A and B

E. Both A and C

Solution:

Confidence interval for population proportion is written as

Sample proportion ± margin of error

Where sample proportion is the point estimate for the population proportion.

Margin of error = z × √pq/n

The z score for 95% confidence level is 1.96

p = 46/100 = 0.46

q = 1 - p = 1 - 0.46

q = 0.54

n = 500

Margin of error = 1.96√0.46 × 0.54/500 = 0.044

To tighten it's interval, the margin of error needs to be reduced.

If we increase the confidence level, say to 99%, z = 2.58

Then

Margin of error = 2.58√0.46 × 0.54/500 = 0.058

It increased

Also, If we increase the sample size, say to 700, then

Margin of error = 1.96√0.46 × 0.54/700 = 0.037

It has reduced

Therefore, the correct options is

C. increase the sample size

5. A meteorologist measured the average rainfall received in cities A and
B. Both cities received 11 inches of rainfall in total. While City A received x
inches of rain, City B experienced three times the amount of rainfall than
City A. Find the number of inches of rain City A received.​

Answers

Answer:

2.75 inches

Step-by-step explanation:

City A received x  inches of rain.

City B experienced three times the amount of rainfall than  City A, therefore :

City B received 3x inches of rain.

Since both cities received 11 inches of rainfall in total.

We have that:

x+3x=11

4x=11

Divide both sides by 4

x=2.75 Inches

Therefore, we City A received 2.75 inches of rain.

A snack stand sells bottles of water for $1.35 each . Sam needs to buy as many bottles as he can. He can spend no more than $20. How much money will Sam have left after he buys the bottles of water?

Answers

Answer: 1.1

Step-by-step explanation:

If Sam buys 14 water bottles, he will have spent 18.9, so when you subtract 20 (the limit) from 18.9 (how much money he'll spend on the water bottles) you get 1.1

Find the missing side length. Show all of your work. I'll give you the brilliant crown if you answer the question correct.

Answers

Answer:

h = 6

Step-by-step explanation:

We need to use Pythagorean theorem.

h² + 8² = 10²

h² = 100 - 64 = 36

h = 6

Please answer this correctly

Answers

Answer:

The first one will be da answer

Step-by-step explanation:

happy to help you!

Mark Brainliest .........

Answers

Answer:

work is shown and pictured

Write the algebraic expression that represents the following:
a. The difference between six times a number and two
b. Five less than the quotient of nine and a number
c. One half of the sum of six times a number and twenty-two
d. Nine less than twice the difference between a number and seven
e. Eleven less than a number squared

Answers

a. 6n - 2

b. 5 - 9/n

c. 1/2(6n/22)

d. 9 - 2(n - 7)

e. 11 - n to the second power

Select one: A. ∠T ≅ ∠F B. ∠T ≅ ∠D C. ∠J ≅ ∠F D. ∠J ≅ ∠D

Answers

Answer:

B

Step-by-step explanation:

Since you are given line RT and ND, then all you need to do by ASA is the make sure that the angles are the two endpoints are congruent. Since the problem already gave you R and N, then all thats left is to relate the other two endpoints, namely, T and D

An investment of ​$100 comma 000 was made by a business club. The investment was split into three parts and lasted for one year. The first part of the investment earned​ 8% interest, the second​ 6%, and the third​ 9%. Total interest from the investments was $ 7380. The interest from the first investment was 2 times the interest from the second. Find the amounts of the three parts of the investment.

Answers

Answer:

$54000 was invested at​ 8% interest$36000 was invested at​ 6% interest$10000 was invested at​ 9% interest

Step-by-step explanation:

Total Investment = ​$100,000

The investment was split into three parts (say x, y and z)

x+y+z=100000

Simple Interest = Principal X Rate/100 X Time

The first part of the investment earned​ 8% interest

Interest on the first part = 0.08x

The second part of the investment earned​ 6% interest

Interest on the second  part = 0.06y

The third part of the investment earned​ 9% interest

Interest on the third part = 0.09z

Total interest from the investments = $ 7380.

Therefore:

0.08x+0.06y+0.09z=7380

The interest from the first investment was 2 times the interest from the second.

0.08x=2 X 0.06y

0.08x=0.12y

Substituting we have:

0.12y+0.06y+0.09z=7380

0.18y+0.09z=7380

From 0.08x=0.12y

x=1.5y

Substituting x=1.5y into x+y+z=100000

1.5y+y+z=100000

2.5y+z=100000

z=100000-2.5y

Substituting z=100000-2.5y into 0.18y+0.09z=7380

0.18y+0.09(100000-2.5y)=7380

0.18y+9000-0.225y=7380

-0.045y=-1620

Divide both sides by -0.045

y=36000

Recall: x=1.5y

x=1.5 X 36000

x =54000

x+y+z=100000

54000+36000+z=100000

z=100000-(54000+36000)

z=10,000

Therefore:

$54000 was invested at​ 8% interest$36000 was invested at​ 6% interest$10000 was invested at​ 9% interest

The number of people attending graduate school at a university may be
modeled by the quadratic regression equation y = 10x2 - 40x+8, where x
represents the year. Based on the regression equation, which year is the best
prediction for when 2528 people will attend graduate school?
O A. Year 15
B. Year 23
O C. Year 18
D. Year 20

Answers

Answer:

It’s C

Step-by-step explanation:

But thanks for helping me get it wrong toxo360❤️

In the regression equation, Year 18 is the best prediction for when 2528 people will attend graduate school.

What is the quadratic equation?

The polynomial equation whose highest degree is two is called a quadratic equation or sometimes just quadratics. It is expressed in the form of: ax² + bx + c = 0.

The number of people attending graduate school at a university may be modeled by the quadratic regression equation y = 10x2 - 40x+8, where x represents the year.

The regression equation, which year is the best prediction for when 2528 people will attend graduate school is;

[tex]\rm y = 10x^2 - 40x+8\\\\2528 = 10x^2 - 40x+8\\\\ 10x^2 - 40x+8\\\\ 10x^2 - 40x+8-2528=0 \\\\ 10x^2 - 40x-2520=0\\\\\text{Divide by 10 both sides}\\\\x^2-4x-252=0\\\\x^2-18x+14x-252=0\\\\x(x-18)+14(x-18)=0\\\\(x-18)(x+14)=0\\\\x-18=0, \ x=18\\\\x+14=0, \ x=-14[/tex]

Hence, the regression equation, Year 18 is the best prediction for when 2528 people will attend graduate school.

Learn more about quadratic equations here;

https://brainly.com/question/24298861

#SPJ2

What is the value of b^2- 4ac for the following equation? x(x+8)=9

Answers

Answer:

hope this is correct

The distance it takes a truck to stop can be

modeled by the function

Determine the value off, rounde

hundredth.

2

DONE

2.150 ?

d(u)=-

64.4f

d = stopping distance in feet

y = initial velocity in miles per hour

f= a constant related to friction

When the truck's initial velocity on dry pavement is

40 mph, its stopping distance is 138 ft.

Answers

Your question is not well presented (Refer below for correct question)

The distance it takes a truck to stop can be modeled by the function;

d(u) = 2.15u²/64.4f

Where

d = stopping distance in feet

u = initial velocity in miles per hour

f = a constant related to friction

When the truck's initial velocity on dry pavement is 40 mph, its stopping distance is 138 ft.

Determine the value of f.

Answer:

The friction constant is approximately 0.3871

Step-by-step explanation:

Given

Stopping distance, d(u) = 138ft

Initial Velocity, u = 40mph

Required

Friction constant, f.

To get the value of f, we need to simply substitute 40 for u and 138 for d(u) in the above expression.

In other words;

d(u) = 2.15u²/64.4f becomes

138 = 2.15 * 40²/64.4f

138 = 2.15 * 1600/64.4f

138 = 3440/64.4f

Multiply both sides by 64.4f

138 * 64.4f = 64.4f * 3440/64.4f

8887.2f = 3440

Divide both sides by 8887.2

8887.2f/8887.2 = 3440/8887.2

f = 3440/8887.2

f = 0.387073544

f = 0.3871 (Approximated)

Hence, the friction constant is approximately 0.3871

Answer:

first one is  .39
second answer is C   the last  one

Step-by-step explanation:

A local movie theater increased the price of
admission by 20%. Tickets had sold for $5.25.
What is the current ticket price?

Answers

Answer:

0.26

Step-by-step explanation:

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