2.According to www.city-data, the mean price for a detached house in Franklin County, OH in 2009 was $192,723. Suppose we know that the standard deviation was $42,000. Check the three assumptions associated with the Central Limit Theorem. What is the probability that a random sample of 75 detached houses in Franklin County had a mean price greater than $190,000 in 2009

Answers

Answer 1

Answer:

0.7123 = 71.23% probability that a random sample of 75 detached houses in Franklin County had a mean price greater than $190,000 in 2009.

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 [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]

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 [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

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

The mean price for a detached house in Franklin County, OH in 2009 was $192,723. Suppose we know that the standard deviation was $42,000.

This means that [tex]\mu = 192723, \sigma = 42000[/tex]

Sample of 75:

This means that [tex]n = 75, s = \frac{42000}{\sqrt{75}}[/tex]

What is the probability that a random sample of 75 detached houses in Franklin County had a mean price greater than $190,000 in 2009?

1 subtracted by the p-value of Z when X = 190000. So

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

By the Central Limit Theorem

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

[tex]Z = \frac{190000 - 192723}{\frac{42000}{\sqrt{75}}}[/tex]

[tex]Z = -0.56[/tex]

[tex]Z = -0.56[/tex] has a p-value of 0.2877

1 - 0.2877 = 0.7123

0.7123 = 71.23% probability that a random sample of 75 detached houses in Franklin County had a mean price greater than $190,000 in 2009.


Related Questions

Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated samplingg distribution.

The amounts of time employees of a telecommunications company have worked for the company are normally distributed with a mean of 5.5 years and a standard deviation of 2.1 years. Random samples of size 17 are drawn from the population and the mean of each sample is determined.

a. 1.33 years, 2.1 years
b. 5.5 years, 0.12 years
c. 5.5 years, 0.51 years
d. 1.33 years, 0.51 years

Answers

Answer:

c. 5.5 years, 0.51 years

Step-by-step explanation:

Central Limit Theorem

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

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 [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Mean of 5.5 years and a standard deviation of 2.1 years.

This means that, for the population, [tex]\mu = 5.5, \sigma = 2.1[/tex]

Random samples of size 17.

This means that [tex]n = 17[/tex]

Use the Central Limit Theorem to find the mean and standard error of the mean of the indicated sampling distribution.

The mean is the same as the mean for the population, that is, 5.5 years.

The standard deviation is:

[tex]s = \frac{\sigma}{\sqrt{n}} = \frac{2.1}{\sqrt{17}} = 0.51[/tex]

This means that the correct answer is given by option c.

Translate the sentence into an inequality.
The sum of 5 and c is greater than – 22.
what da hell the answer ?

Answers

Answer:

5 + c > -22

General Formulas and Concepts:

Pre-Algebra

Order of Operations: BPEMDAS

Brackets Parenthesis Exponents Multiplication Division Addition Subtraction Left to Right

Algebra I

Inequalities

Step-by-step explanation:

Step 1: Define

Sum of 5 and c is greater than -22

Identify

Sum = addition

5 + c

Is greater than = inequality

>

Add them all together:

5 + c > -22

Solve the system by substitution.
y + 4 = x
10x + 2y = 16

Answers

Answer:

(2, -2)

Step-by-step explanation:

Given system:

y + 4 = x 10x + 2y = 16

Substitute x into the second equation:

10(y + 4) + 2y = 1610y + 40 + 2y = 1612y = -24y = -2

Find x:

x = -2 + 4x = 2

Answer:

x = 2 and y = -2

Step-by-step explanation:

Given system :-

y + 4 = x

10x + 2y = 16

Solve the system by substitution:-

Let,

y + 4 = x ...(1)

10x + 2y = 16 ...(2)

Solve for y;

Substitute y + 4 as x in the eq.(2)

10( y + 4 ) + 2y = 16

Distribute 10.

10y + 40 + 2y = 16

Combine like terms.

12y + 40 = 16

Move constant to the right-hand side and change their sign.

12y = 16 - 40

Subtract 16 from -40.

12y = -24

Divide both side by 12.

12y / 12 = -24/12

Hence, y = -2

Solve for x.

Substitute the value of y in eq.(1)

-2 + 4 = x

Add -2 and 4.

Hence, 2 = x

62. A chemist mixes 15 liters of 40 percent acid solution and 25 liters of 20 percent acid solution.
What percent of the mixture is acid?

Answers

40% of 15 L = 6 L of acid

20% of 25 L = 5 L of acid

This means the mixture contains a total of 11 L of acid, and with a total volume of 15 L + 25 L = 40 L, that means the mixture is at a concentration of

(11 L acid) / (40 L solution) = 0.275 = 27.5%

PLEASE HELP MATH⚠️⚠️⚠️⚠️⚠️

Convert this into algerbraic expression:
The difference of a number cubed and the same number

Answers

Step-by-step explanation

n^3-n.

Hope this will help you :) <3

n^3 - n.
It’s n power 3 minus n

Time Remaining 59 minutes 49 seconds00:59:49 PrintItem 1 Time Remaining 59 minutes 49 seconds00:59:49 At the end of Year 2, retained earnings for the Baker Company was $2,950. Revenue earned by the company in Year 2 was $3,200, expenses paid during the period were $1,700, and dividends paid during the period were $1,100. Based on this information alone, what was the amount of retained earnings at the beginning of Year 2?

Answers

Answer:

$2550

Step-by-step explanation:

Calculation to determine the amount of retained earnings at the beginning of Year 2

Using this formula

Beginning Retained Earnings + Revenue − Expenses − Dividends = Ending Retained Earnings

Let plug in the formula

Beginning Retained Earnings + $3,200 − $1,700 − $1,100 = $2950

Beginning Retained Earnings= $2,950-$400

Beginning Retained Earnings = $2,550

Therefore the amount of retained earnings at the beginning of Year 2 is $2550

how much water consumed by Aguilar family as shown in the meter reading

Answers

Answer:

?????????????????

Step-by-step explanation:

????????

Write an equation that represents the line.

Answers

Answer:

Y = 2/3X + 4/3

Step-by-step explanation:

(1,2) (4,4)

M = 2/3

Y = 2/3X + b

4 = 8/3 + b

12 = 8 + 3b

4 = 3b

B = 4/3

Y = 2/3X + 4/3

Which statement is false?
A. Every irrational number is also real.
B. Every integer is also a rational number.
• C. Every rational number is also an integer.
D. No rational number is irrational.

Answers

Answer:

A. false B. true C. false D. true

Whope you all like this answer

Evaluate for x=2 and y=3: x^2y^-3/x^-1y

Answers

Answer:

8/81

Step-by-step explanation:

It's most efficient to simplify the quotient algebraically before inserting the values of the variables x and y.  

The given expression reduces to x³ / y^4.

Substituting 2 for x and 3 for y, we get:

 (2)³           8

--------- = ---------- (Agrees with first given possible answer)

 (3)^4         81

express the ratio as a fraction in the lowest terms 100cm:5m​

Answers

Step-by-step explanation:

we know that 1m=100cm

so 1m:5m(final)

1:5

Answer:

1/5

Step-by-step explanation:

Since 100cm = 1m

then

100cm:5m becomes 1m:5m

which in fraction is 1/5

PUWID, du then solve.
Timothy's father will build a shed for his tools. It will be a square with a
1 side that measures 8 m. What is the area of the shed?
1. What is asked?
testy​

Answers

Answer:

The area of the shed=[tex]64m^2[/tex]

Step-by-step explanation:

We are given that

Side of square =8m

We have to find the area of the shed.

To find the area of shed we will find the area of square.

We know that

Area of square=[tex]side\times side[/tex]

Using the formula

Area of square=[tex]8\times 8[/tex]

Area of square=[tex]64m^2[/tex]

Area of shed=Area of square

Area of shed=64 square m

Hence, the area of the shed=[tex]64m^2[/tex]

SCC U of 1 pt 3 of 1 1.2.11 Assigned Media A rectangle has a width of 49 centimeters and a perimeter of 216 centimeters. V The length is cm.

Answers

Answer:

The length is of 59 cm.

Step-by-step explanation:

Perimeter of a rectangle:

The perimeter of a rectangle with width w and length l is given by:

[tex]P = 2(w + l)[/tex]

Width of 49 centimeters and a perimeter of 216 centimeters:

This means that [tex]w = 49, P = 216[/tex]

The length is cm.

We have to solve the equation for l. So

[tex]P = 2(w + l)[/tex]

[tex]216 = 2(49 + l)[/tex]

[tex]216 = 98 + 2l[/tex]

[tex]2l = 118[/tex]

[tex]l = \frac{118}{2}[/tex]

[tex]l = 59[/tex]

The length is of 59 cm.

Which point represents the unit rate?

A

B

C

D

Answers

Answer:

Point C represents the unit rate

Step-by-step explanation:

Find the value for the side marked below.
Round your answer to the nearest tenth.
у
100
49°
y = [?]

Answers

Answer:

y = 75.5

Step-by-step explanation:

Reference angle (θ) = 49°

Hypotenuse = 100

Opposite = y

Apply trigonometric function, SOH. Which is:

Sin θ = Opp/Hyp

Plug in the values

Sin 49 = y/100

100*Sin 49 = y

y = 75.5 (nearest tenth)

5
12
of the pupils in Year 9 say their favourite colour is red.
There are 240 pupils in Year 9.
How many students said red is their favourite colour?

Answers

Answer:

100

Step-by-step explanation:

I assume you mean [tex]\frac{5}{12}[/tex] of the students in Year 9.

Basically, first you need to work out 1/12 of the students, which is just 240 divided by 12, equals 20.

So, we know 1/12 of 240 is 20, therefore, in order to work out 5/12, we must do 20 x 5, which is 100.

Jun 29, 8:51:41 AM
Find the volume of a pyramid with a square base, where the perimeter of the base is
10.7 ft and the height of the pyramid is 9.8 ft. Round your answer to the nearest
tenth of a cubic foot.

Answers

9514 1404 393

Answer:

  23.4 ft³

Step-by-step explanation:

In terms of the perimeter of the square base, the volume of a pyramid can be found using the formula ...

  V = (1/48)P²h . . . . . where P is the base perimeter and h is the height

  V = (1/48)(10.7 ft)²(9.8 ft) ≈ 23.4 ft³

_____

Additional comment

The relevant formulas usually used are ...

  P = 4s . . . . perimeter of a square with side length s

  A = s² . . . . area of a square with side length s

  V = (1/3)Bh . . . . . volume of a pyramid with base area B and height h

Solving the perimeter equation for s, and using that result in the other formulas, we get ...

  s = P/4

  B = (P/4)² = P²/16

  V = 1/3(P²/16)h = (1/48)P²h . . . . the formula used above

Using this result saves the effort of computing the intermediate values of side length and base area.

Exercise
a. I choose the correct option from Contain Questions
i Which of the following is a group set ?
(b) A happy person in the Village
(c) Simple Ex in the book (d) school age student
(Weekly​

Answers

Answer:

happy person in the village

SOMEONE HELP PLEASE! I don’t know how to solve this problem nor where to start? Can some please help me out and explain how you got the answer please. Thank you for your time.

Answers

That is the answer to your question

We are testing a new drug with potentially dangerous side effects to see if it is significantly better than the drug currently in use. If it is found to be more effective, it will be prescribed to millions of people.
1.
a. What does it mean in context to make a type I error in this situation?
b. What does it mean in context to make a type Il error in this situation?
c. Which error do you think is worse? Now we are testing to see whether taking a vitamin supplement each day has significant health benefits. There are no (known) harmful side effects of the supplement.
2.
a. What does it mean in context to make a type I error in this situation?
b. What does it mean in context to make a type Il error in this situation?
c. Which error do you think is worse? For a given situation, what should you do if you think that committing a type l error is much worse than committing a type Il error?
A. Increase the significance level.
B. Decrease the significance level.
C. Nothing, just be careful to take a good sample.

Answers

Answer:

1) a)  accepting the new drug is better based on its effectiveness when in reality the drug ain't better than the drug in current use because of its side effects

b) Accepting and using the current drug in use when it is not as effective as the new drug

c) Type 1 error

2) a) rejecting the vitamin supplement based on not knowing the harmful side effects

b) Accepting the Vitamin supplement based on just health benefits it portrays without comparison with other supplement.

c) Type II error

3) Increase the significance level  ( A )

Step-by-step explanation:

1)

a) To make a type 1 error in this situation is accepting the new drug is better and prescribing it to the millions of people based only on its effectiveness when in reality the drug ain't better than the drug in current use because of its side effects

b) A type II error in context is :Accepting and using the current drug in use when it is not as effective as the new drug

c)  Type I error

2)

a) Type 1 error is rejecting the vitamin supplement based on not knowing the harmful side effects

b) Accepting the Vitamin supplement based on just health benefits it portrays without comparison with other supplement.

c) Type II error

3) If committing a type 1 error is much worse

Increase the significance level

What fraction of the total number of students are boys?

Answers

Step-by-step explanation:

total number of students are :4x 3 = 12

Fraction that's boys are : 3÷12

What was the original price of the car? Show all work

Answers

Answer:

I got u, it is litearly 16540/83.8 = $19737.5

Step-by-step explanation:

its very simple sincen 100-16.2=83.8

Find the difference.

(3x3−2x2+4x−8)−(5x3+12x2−3x−4)=

Answers

Answer:

-2x³ - 14x² + 7x - 4

General Formulas and Concepts:

Pre-Algebra

Distributive Property

Algebra I

Terms/Coefficients

Step-by-step explanation:

Step 1: Define

Identify

(3x³ - 2x² + 4x - 8) - (5x³ + 12x² - 3x - 4)

Step 2: Simplify

[Distributive Property] Distribute negative:                                                    3x³ - 2x² + 4x - 8 - 5x³ - 12x² + 3x + 4Combine like terms (x³):                                                                                   -2x³ - 2x² + 4x - 8 - 12x² + 3x + 4Combine like terms (x²):                                                                                   -2x³ - 14x² + 4x - 8 + 3x + 4Combine like terms (x):                                                                                    -2x³ - 14x² + 7x - 8 + 4Combine like terms:                                                                                         -2x³ - 14x² + 7x - 4

A rectangular prism has a volume of 60cm^3. What could the length, width and
height be? Explain how you know. "Recall, the formula for the volume of a prism
is V=lwh.
Can you guys help

Answers

L: 3
H: 10
W: 2
3x10x2=60
Rearrange height length width if needed for your answer
Hope this helps!

21. The mean salary of twelve men is $58,000, and the
mean salary of eight women is $42,000. Find the
mean salary of all twenty people.

Answers

$50000 is mean salary of 20 people

(58000 + 42000)/2 = 50000

List all factors of the number 52. SHOW ALL WORK!!!

Answers

Answer:

Factors of number 52

Factors of 52: 1, 2, 4, 13, 26 and 52.

Negative Factors of 52: -1, -2, -4, -13, -26 and -52.

Prime Factors of 52: 2, 13.

Prime Factorization of 52: 2 × 2 × 13 = 22 × 13.

Sum of Factors of 52: 98.

How long will it take the same crew to clear the entire plot of 2 1/2 acres?

Answers

Answer:

It will take 15 days for the same crew to clear the entire plot of 2 1/2 acres.

Step-by-step explanation:

Given that a crew clears brush from 1/3 acre of land in 2 days, to determine how long will it take the same crew to clear the entire plot of 2 1/2 acres, the following calculation must be performed:

1/3 = 0.333

1/2 = 0.5

0.333 = 2

2.5 = X

2.5 x 2 / 0.333 = X

15 = X

Therefore, it will take 15 days for the same crew to clear the entire plot of 2 1/2 acres.

a garden has more roses than daisies, and it has 9 daisies.furthermore, each flower in the garden has more then 3 petals.Let r represent the number of roses and let P represent the total number of petals in the garden. let’s compare the expressions P and 3(r+9). which statement is correct

Answers

Answer:

There is not enough info to tell

Step-by-step explanation:

Khan acadamey

Using the following distribution, calculate the following measures of central tendency:
State Proportion of Residents Without Health Insurance Louisiana 0.19 New Jersey 0.13 New York 0.16 Pennsylvania 0.11 Rhode Island 0.09 South Carolina 0.13 Texas 0.25 Washington 0.14 Wisconsin 0.10
N = 9
Identify the variable:
Identify the median:
Identify the mean:
How would you describe the shape of the distribution:

Answers

Answer:

(a) Residents

(b) [tex]Median = 0.13[/tex]

(c)  [tex]\bar x = 0.14[/tex]

(d) Right skewed

Step-by-step explanation:

Given

The data of residents without health insurance

Solving (a): The variable

The variable is the residents

Solving (b): The median

First, we sort the data

[tex]Sorted: 0.09, 0.10, 0.11, 0.13, 0.13, 0.14, 0.16, 0.19, 0.25[/tex]

So, the median position is:

[tex]Median = \frac{n + 1}{2}[/tex]

[tex]Median = \frac{9 + 1}{2}[/tex]

[tex]Median = \frac{10}{2}[/tex]

[tex]Median = 5th[/tex]

The 5th element of the dataset is: 0.13

So:

[tex]Median = 0.13[/tex]

Solving (c): The mean

This is calculated as:

[tex]\bar x = \frac{\sum x}{n}[/tex]

[tex]\bar x = \frac{0.09+ 0.10+ 0.11+ 0.13+ 0.13+ 0.14+ 0.16+ 0.19+ 0.25}{9}[/tex]

[tex]\bar x = \frac{1.3}{9}[/tex]

[tex]\bar x = 0.14[/tex]

Solving (d): The shape of the distribution

In (b) and (c), we have:

[tex]Median = 0.13[/tex]

[tex]\bar x = 0.14[/tex]

By comparison, the mean is greater than the median.

Hence, the shape is: right skewed.

f(x) = 1
g(x) = x - 4
Can you evaluate (g•f)(0)? Explain why or why not?

Answers

Answer:

This is a multiplication of functions g and f, and these functions have no restrictions(such as a even root or a fraction), and thus [tex](g \mult f)(0) = g(0)f(0) = -4(1) = -4[/tex]

Step-by-step explanation:

We are given the following functions:

[tex]f(x) = 1[/tex]

[tex]g(x) = x - 4[/tex]

Can you evaluate (g•f)(0)?

This is a multiplication of functions g and f, and these functions have no restrictions(such as a even root or a fraction), and thus [tex](g \mult f)(0) = g(0)f(0) = -4(1) = -4[/tex]

Answer:

To evaluate the composition, you need to find the value of function f first. But, f(0) is 1 over 0, and division by 0 is undefined. Therefore, you cannot find the value of the composition.

You must evaluate the function f first.

Division by 0 is undefined.

The composition cannot be evaluated.

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