Credit card companies lose money on cardholders who fail to pay their minimum payments. They use a variety of methods to encourage their delinquent cardholders to pay their credit card balances, such as letters, phone calls and eventually the hiring of a collection agency. To justify the cost of using the collection agency, the agency must collect an average of at least $200 per customer. After a trial period during which the agency attempted to collect from a random sample of 100 delinquent cardholders, the 90% confidence interval on the mean collected amount was reported as ($190.25, $250.75). Given this, what recommendation(s) would you make to the credit card company about using the collection agency

Answers

Answer 1

Answer with  explanation:

A x% confidence interval interprets that a person can be x% confident thatthe true mean lies in it.

Here, Credit card companies is using the collection agency to justify the cost of , the agency must collect an average of at least $200 per customer.

i.e. [tex]H_0:\mu \geq200,\ \ \ H_a:\mu<200[/tex]

The 90% confidence interval on the mean collected amount was reported as ($190.25, $250.75) .

I recommend that we can be 90% sure that the true mean collected amount  lies in ($190.25, $250.75).

Also, $200 lies in it such that it is more far from $250.75 than $190.25, that means there are large chances of having an average is at least $200 per customer.


Related Questions

What is the lateral surface area of a right hexagonal prism whose base is a regular hexagon with sides measuring 8 inches long and altitude measuring 6 inches tall?

Answers

Answer:

  288 square inches

Step-by-step explanation:

Assuming your "altitude" is the height of the prism--the distance between bases, the lateral area is the sum of the areas of the six rectangular faces. Each of those has an area of ...

  (8 in)(6 in) = 48 in^2

so the 6 of them will have an area of ...

  lateral area = 6×48 in^2 = 288 in^2

_____

Comment on nomenclature

'Altitude' is usually associated with the height of a triangle. In the case of a regular polygon, the 'altitude' of a triangular section of the polygon is called the 'apothem', and is often designated using the letter 'a'. If the polygon is regular, the apothem can be calculated from the side length and the number of sides, but it is often given in problems involving area, perimeter, and/or volume.

The distance between the parallel bases of a prism is often referred to as the prism height or length. The use of the word 'altitude' is confusing in this case.

Since the lateral area is the product of the perimeter of the base and the distance between bases, we have to assume that your 'altitude' refers to the distance between bases. Otherwise, there is not sufficient information to work the problem.

How do i do this equation
-3(-2y-4)-5y-2=

Answers

Answer:

combined like terms and then follow  the order of operations.

Step-by-step explanation:

Combine like terms and then follow order of operations

What is the period of the function shown in the graph?

Answers

At origin, the value of the function is [tex]0[/tex]

and then it again becomes zero for the first time is at $2$

but the function isn't repeating itself (it's going downwards)

at $x=4$, it's exactly same, hence the period is $4$

If there are 25 students in a class in which 5 of the 11 guys wear glasses and 6 out of the 14 girls wear glasses- what is the probability that one of the students in the class is a guy that he wears glasses?

Answers

Answer:

6 out of 25

Step-by-step explanation:

Suppose that a polynomial function of degree 4 with rational coefficients has 6, 4, 6i as zeros. Find the other zero

Answers

Answer:

-6i

Step-by-step explanation:

Complex roots have to come in conjugate pairs

So if we have 6i as a root, we must have -6i as a root

Answer:

-6i

Step-by-step explanation:

Hello, because this polynomial function has real coefficients and 6i is a zero, the conjugate of 6i is a zero as well. It means -6i is a zero.

The degree is 4 the number of zeroes is less or equal to 4 and we have already, 6, 4, 6i and -6i. So we have all the zeroes.

Thank you

Please answer ASAP PLEASE!​

Answers

Answer/Step-by-step explanation:

The inequality, x ≤ 7, has solutions that includes values that is equal to 1 or less than 7.

This can be represented on a number line as shown in the number line graphed in the attachment below.

A full circle or shaded "o" indicates that the number 7 is included in the solution.

The arrow points from 7 to the left, telling us that the value of x are all numbers from 7 and below.

A basketball player scored 33 points during a game by shooting 1-point free throws, 2-point field goals, and 3-point field goals. The player scored 17 times. She scored 3 more 2-point field goals than 1-point free throws. The system of equations below represents the situation, where x is the number of 1-point free throws, y is the number of 2-point field goals, and z is the number of 3-point field goals. x + y + z = 17 x + 2y + 3z = 33 y – x = 3

Answers

Answer:

No. of 1 pt free throws = 5, No. of 2 pt goals = 8, No. of 3 pt goals = 4

Step-by-step explanation:

Equations : x + y + z = 17 [ Total times taken to score ]

1x + 2y + 3z = 33 [ Total Score ]

Also, y = x + 3

Putting the value of 'y' in both equations :

x + (x + 3)+ z = 17 → 2x + 3 + z = 17 → 2x + z = 14  (i)

1x + 2 (x + 3) + 3z = 33 →  x + 2x + 6 + 3z = 33 → 3x + 3z = 27 (ii)

Solving these equations :

From (i), z = 14 - 2x

Putting this value in (ii), 3x + 3(14 - 2x) = 27 → 3x + 42 - 6x = 27

42 - 3x = 27 → 3x = 15 → x = 5

y = x + 3 = 5 + 3 → y = 8

z = 17 - x - y → z = 17 - 5 - 8 = 17 - 13 → z = 4

Answer:

4

Step-by-step explanation:

Write down the answers to a,b,c,d

Answers

Answer:

(A) 1

(B) -2

(C) 3.5

(D) -0.5

Step-by-step explanation:

We can treat each thermometer like a vertical number line and read the values on each.

A is right on 1.

B is right on -2.

C is in the middle of 3 and 4, so 3.5

D is in the middle of 0 and -1, so -0.5

Hope this helped!

Let A= {1 , 2 , 3 , ... ... ...... , 10} and R = {(a, b): a ∈ A , b ∈ A and a + 2b = 10} Find the domain and range of R.

Answers

In domain and range of a relation, if R be a relation from set A to set B, then

• The set of all first components of the ordered pairs belonging to R is called the domain of R.

Thus, Dom(R) = {a ∈ A: (a, b) ∈ R for some b ∈ B}.

• The set of all second components of the ordered pairs belonging to R is called the range of R.

Thus, range of R = {b ∈ B: (a, b) ∈R for some a ∈ A}.

Therefore, Domain (R) = {a : (a, b) ∈ R} and Range (R) = {b : (a, b) ∈ R}

Suppose a triangle has two sides of length 33 amd 37, and that the angle between these two sides is 120°. What is the length of the third side of the triangle

Answers

Answer:

c = 60.65 cm

Step-by-step explanation:

Given that,

The two sides of a triangle are 33 cm and 37 cm.

The angle between these two sides is 120°.

We need to find the length of the third side of the triangle. Let c is the third side. Using cosine rule,

[tex]c^2=a^2+b^2-2ab\cos C[/tex]

a = 33 cm, b = 37 cm and C is 120°

So,

[tex]c^2=(33)^2+(37)^2-2\times 33\times 37\cos (120)\\\\c=60.65\ cm[/tex]

So, the length of the third side of the triangle is 60.65 cm.

0.25÷3=x÷1 1/2 That fraction is one and a half.

Answers

Answer:

x = 1/8

Step-by-step explanation:

Given the expression 0.25÷3=x÷1 1/2, we are to look for the value of x from the given equation. Rewriting the equation we will have;

[tex]\dfrac{0.25}{3} = \dfrac{x}{1\frac{1}{2} }[/tex]

On simplification;

[tex]0.25 * \frac{1}{3} = x * \frac{2}{3} \\ \\ \frac{25}{100}*\frac{1}{3} =\frac{2x}{3}\\\\ \frac{1}{4} * \frac{1}{3} = \frac{2x}{3}\\\\ \frac{1}{12} = \frac{2x}{3}\\\\cross \ multiply\\\\2x * 12 = 3\\\\24x = 3\\\\Divide \ both \ sides \ by \ 24\\\\24x/24 = 3/24\\\\x = 1/8[/tex]

Hence the value of x in the expression is 1/8

Find and interpret a 95% confidence interval to estimate the average number of bolts per box for all boxes in the population. Round to 3 decimal places.

Answers

Complete Question

The complete question is shown on the first uploaded image

Answer:

The 95% confidence interval is  [tex]49.85 < \mu < 54.15[/tex]

This means that there is 95% chance that the true population mean is within this interval

Step-by-step explanation:

From the question we are told that

    The  sample size is n = 30  

    The sample mean is  [tex]\= x = 52[/tex]

    The population standard deviation is  [tex]\sigma = 6[/tex]

Given that the confidence level is 95% then the level of confidence is evaluate as

             [tex]\alpha = 100 - 95[/tex]

            [tex]\alpha = 5\%[/tex]

            [tex]\alpha = 0.05[/tex]

Next we obtain the critical value of  [tex]\frac{\alpha }{2}[/tex] from the normal distribution table , the values is

                 [tex]Z_{\frac{\alpha }{2} } = 1.96[/tex]

Generally the margin of error is mathematically represented as

           [tex]E = Z_{\frac{\alpha }{2} } * \frac{\sigma }{\sqrt{n} }[/tex]

substituting values

            [tex]E = 1.96 * \frac{ 6 }{\sqrt{30} }[/tex]

           [tex]E = 2.147[/tex]

The  95% confidence interval is mathematically represented as

          [tex]\= x - E < \mu < \= x + E[/tex]

substituting values

         [tex]52 - 2.147 < \mu < 52 + 2.147[/tex]

         [tex]49.85 < \mu < 54.15[/tex]

       

     

=
Graphing an integer function and finding its range for a given...
The function h is defined as follows for the domain given.
h(x) = 2 -2x, domain = {-3, -2, 1, 5}
Write the range of h using set notation. Then graph h.

Answers

Answer:

Step-by-step explanation:

● h(x) = 2-2x

The domain is {-3,-2,1,5}

● h(-3) = 2-2×(-3) = 2+6 = 8

● h(-2) = 2 -2×(-2) = 2+4 = 6

● h(1) = 2-2×1 = 2-2 = 0

● h(5) = 2-2×5 = 2-10 = -8

The range is {-8,0,6,8}

What information do you need in order to determine the total distance Sam drives versus the actual displacement between his starting and ending points?

Answers

Answer:

  his path

Step-by-step explanation:

In order to determine the total distance driven from one place to another, you need to know the path taken.

Please answer this correctly without making mistakes

Answers

Answer:

105/4 or 26.25 mi

Step-by-step explanation:

hillsdale to fairfax 8 7/8 = 71/8

fairfax to yardley = 17 3/8 = 139/8

71/8 + 139/8 = 105/4 or 26 2/8

If all angles are 90 degrees, and the crystal has a square base with a height that is larger than one of the square sides, what type of unit cell is it

Answers

Answer:

Tetragonal unit cell.

Step-by-step explanation:

A unit cell is the smallest part of a material which is formed by a well arranged lattice points. Some common types are; face centered, body center, tetragonal, cubic etc

Tetragonal unit cell has a square top and base, with rectangular sides. The internal angles are [tex]90^{0}[/tex] each, and consists of molecules, atoms, or ions (lattice points) arranged at each corners of the unit cell.

The crystal as described in the given question is a tetragonal unit cell.

In a random sample of 20 NBA basketball games the mean number of points scored by the home team was 100.4 with a standard deviation of 4.86.
Create and interpret a 95% confidence interval for the true mean number of points scored by an NBA basketball team at home.
You and your friend were watching a LA Lakers game where they were not playing at home. They only scored 98 points. Your friend says, "Wow, I bet if they were playing at home they would have scored a lot more points." Do you agree or disagree with your friend? Support your detailed answer.

Answers

Answer:

The  95% confidence interval is  [tex]98.27 < \mu < 102.53[/tex]

This interval means that there 95% confidence that the true mean is within this interval  

Yes i would agree with my friend because the lower and the upper limit 95% confidence interval for mean points scored at home is greater than 98 points

Step-by-step explanation:

From the question we are told that

   The  sample size is  n =  20

   The  sample mean is  [tex]\mu = 100.4[/tex]

     The standard deviation is  [tex]\sigma = 4.86[/tex]

 

Given that the confidence level is  95% then the level of significance is mathematically evaluated as

                [tex]\alpha = 100 - 95[/tex]

               [tex]\alpha = 5\%[/tex]

                [tex]\alpha = 0.05[/tex]

Next we obtain the critical value of [tex]\frac{ \alpha }{2}[/tex] from the normal distribution table, the value is  

           [tex]Z_{\frac{ \alpha }{2} } = 1.96[/tex]

Generally the margin of error is mathematically represented as

           [tex]E = Z_{\frac{\alpha }{2} } * \frac{\sigma}{ \sqrt{n} }[/tex]

substituting values

            [tex]E = 1.96 * \frac{ 4.86 }{ \sqrt{20 } }[/tex]

           [tex]E = 2.13[/tex]

The  95% confidence interval is  mathematically represented as

          [tex]\= x - E < \mu < \= x + E[/tex]

substituting values

         [tex]100.4 - 2.13 < \mu < 100.4 + 2.13[/tex]

          [tex]98.27 < \mu < 102.53[/tex]

Select the correct answer from each drop-down menu.
The function f is given by the table of values as shown below.

x 1 2 3 4 5
f(x) 13 19 37 91 253
Use the given table to complete the statements.

The parent function of the function represented in the table is
.

If function f was translated down 4 units, the
-values would be
.

A point in the table for the transformed function would be
.

Answers

Answer:

3^x9, 15, 33, 87, 249(4, 87) for example

Step-by-step explanation:

a) First differences of the f(x) values in the table are ...

  19 -13 = 6, 37 -19 = 18, 91 -37 = 54, 253 -91 = 162

The second differences are not constant:

  18 -6 = 12, 54 -18 = 36, 162 -54 = 108

But, we notice that both the first and second differences have a common ratio. This is characteristic of an exponential function. The common ratio is 18/6 = 3, so the parent function is 3^x.

__

b) Translating a function down 4 units subtracts 4 from each y-value. The values of f(x) in the table would be ...

  9, 15, 33, 87, 249

__

c) The x-values of the function stay the same for a vertical translation, so the points in the table of the transformed function are ...

  (x, f(x)) = (1, 9), (2, 15), (3, 33), (4, 87), (5, 249)

Answer: I think this is it:

The parent function of the function represented in the table is exponential. If function f was translated down 4 units, the f(x)-values would be decreased by 4. A point in the table for the transformed function would be (4,87)

Step-by-step explanation: I got it right on Edmentum!

HELP PLEASE PLEASE :(

Answers

Answer:

16

Step-by-step explanation:

It’s a ratio.

x/12=21/28

21x=12*28

21x=336

x=336/21

x=16

25. After a horizontal reflection across the y-axis, f(x) is: options: f(–x) f(x – 1) –f(–x) –f(x)

Answers

Answer:

A,  f(–x)

Step-by-step explanation:

Reflection about the y-axis is defined as:

f(x) = - f(-x)

So the correct answer is

A,  f(–x)

21
22
C
Because of President Clinton's stand on Haiti,
O President Aristide was assassinated.
O President Aristide fled to Somalia.
O Haitian military powers agreed to step aside.
O Haitian rulers threatened to invade the United States.
Mark this and return
Save and Exit
sont vodo)​

Answers

Answer:

Haitian military powers agreed to step aside.

Step-by-step explanation:

How did President Clinton react when military leaders in Haiti overthrew Aristide? He threatened to invade Haiti if Aristide wasn't returned to power. ... Because of President Clinton's stand on Aristide's oust from power in Haiti, Haitian military powers agreed to step aside.

C. Haitian military powers agreed to step aside.

edge 2021

Sketch the graph of the following equations:
y-3x+5
y=-3x-5​

Answers

Here I hope it’s right

If you invest $ 30 , 700 with an annual interest rate of 8.9 % , compounded daily, how much would you have at the end of 4 years?

Answers

Answer: $43,823.37

Step-by-step explanation:

Formula to calculate the accumulated amount earned on principal (P) at rate of interest (r) compounded daily after t years :

[tex]A=P(1+\dfrac{r}{365})^{365t}[/tex]

As per given , we have

P= $ 30,700

r= 8.9 % = 0.089

t= 4 years

[tex]A=30700(1+\dfrac{0.089}{365})^{365(4)}\\\\=30700(1+0.0002438)^{365(4)}\\\\=30700(1.0002438)^{1460}\\\\=30700(1.42747138525)\\\\=43823.3715272\approx43823.37[/tex]

Hence, the amount at the end of 4 years would be $43,823.37 .

An ice cream store makes 144 quarts of ice cream in 8 hours. How many quarts could be made in 12 hours?

Answers

Hey there! I'm happy to help!

We know that the ice cream store makes 144 quarts in eight hours. What about in one hour? Let's divide this by eight to find out.

144/8=18

So, they make 18 quarts every hour. We want to figure out how many can be made in 12 hours. So, we just multiply 18 by 12!

18(12)=216

Therefore, 216 quarts of ice cream could be made in 12 hours.

Have a wonderful day! :D

The ice cream store will make 216 quarts of ice cream in 12 hours.

What is division?

Division is breaking a number up into an equal number of parts.

Given that, An ice cream store makes 144 quarts of ice cream in 8 hours.

Since, they make 144 quarts of ice cream in 8 hours

Therefore, in 1 hour they will make = 144/8 = 18 quarts

So, in 12 hours = 18x12 = 216 quarts.

Hence, The ice cream store will make 216 quarts of ice cream in 12 hours.

For more references on divisions, click;

https://brainly.com/question/21416852

#SPJ2

(Algebra)
Plz help me ASAP!! I’ll be so grateful!

Answers

Answer:

y > 1

Step-by-step explanation:

-2(7 + y) > -8(y + 1)

-14 -2y > -8y -8

-2y +8y > -8 +14

6y > 6

6y/6 > 6/6

y > 1

Caleb made 6 quarts of trail mix for his camping trip. Each week,he ate 4 pints of the trail mix. How many weeks did Caleb have trail mix?




Sry if this is too much ​

Answers

Answer:

3 weeks

Step-by-step explanation:

6 quarts = 12 pints

12 divided by 3 = 4

Step-by-step explanation:

1 quart = 2 pints

6 quarts = 2 x 6 = 12 pints

12 ÷ 4 = 3

He can have 3 weeks

graph the solution set to the inequality

Answers

Graphed using the given range equation. The shaded area is the possible range, extending to infinity, infinity from 0, -1.

In the multiplication below, each of A, B and
C represents a different digit. What is ABC?
A B C
X
3
В В В

Answers

Answer:

ABC = 148, 3*148 = 444

Step-by-step explanation:

We know that 111 = 3*  37, so all numbers of the form BBB has the factor 37.

So we need a multiple of 37 such thant when multiplied, we get three digits the same as the middle digit.

Try 4*37 = 148, 148*3 = 444, bingo, we got the right combination.

So ABC is 148.

Find the most general antiderivative of the function. (Use C for the constant of the antiderivative).
f(x) = 6x5 − 7x4 − 9x2
F(x) = ?

Answers

Answer:

[tex]x^6 - \frac{7x^5}{5} - 3x^3 + C[/tex]


Helppppp thxxxxxxxxxx

Answers

Answer:

F. [tex] \frac{3}{2} [/tex]

Step-by-step explanation:

[tex] \frac{a + 2b}{b} = \frac{7}{2} [/tex]

Cross multiply:

7b= 2(a +2b)

Expand:

7b= 2a +4b

Bring all common variables to 1 side:

7b -4b= 2a

3b= 2a

divide by 2 on both sides:

[tex] \frac{3}{2} b = a[/tex]

divide by b on both sides:

[tex] \frac{3}{2} = \frac{a}{b} \\ \frac{a}{b} = \frac{3}{2} [/tex]

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pls help me !!!!!!!!!!!!!!!!!!!!!!!!!!!! A loop of wire in the shape of a rectangle rotates with a frequency of 143 rotation per minute in an applied magnetic field of magnitude 2 T. Assume the magnetic field is uniform. The area of the loop is A = 2 cm2 and the total resistance in the circuit is 7 .1. Find the maximum induced emf. e m fmax = 2. Find the maximum current through the bulb. Imax A cardboard box without a lid is to be made with a volume of 4 ft 3 . Find the dimensions of the box that requires the least amount of cardboard. Find the slope of the line containing the points (7, 5) and (2, 4). If Maggie has 6 feet of ribbon how many sections of ribbon can she cut that are 2/3 of a foot length? In a college test, students receive 4 points for every question answered correctly and loses 7 points for every question answered incorrectly. On this particular test, Terry answered 87 questions correctly and 46 questions incorrectly. What is his score for the test? Question 2: Sum of consecutive odd View Past Answers No past answers. Write a program which asks user to enter an integer n, calculates the total sum of the consecutive ODD integers from 1 to n (inclusive of n if n is odd) and store in the variable called sum calculates the average value of the consecutive ODD integers from 1 to n and store in the variable called average prints the value of sum and average For example if n = 7, the program will compute 1+3+5+7, sum = 16, average = 4 if n = 6, the program will compute 1+3+5, sum = 9, average = 3Pls help ya thx(btw this is python) Which of the following is not a networking equipment? In the past year, TVG had revenues of $3 million, cost of goods sold of $2.5 million, and depreciation expense of $200,000. The firm has a single issue of debt outstanding with book value of $1 million on which it pays an interest rate of 8%. What is the firms times interest earned ratio? 1. Read the sentence carefully and choose the option that answers the question. Los voluntarios de la comunidad tiran o reciclan la basura para el supervisor del comedor comunitario. Which pronoun would you use to replace the direct object in the sentence above? Remember: The direct object pronoun replaces the answer to the question "what" in the sentence. A. La B. Le C. Les D. Los 8. Read the sentence carefully and choose the option that answers the question. Los voluntarios de la comunidad tiran o reciclan la basura para m. Which pronoun would you use to replace the indirect object in the sentence above? Remember: The indirect object pronoun answers the question "to whom or for whom" in the sentence. A. LeB. Las C. Les D. Me please help me i need help what is the value of x to the nearest tenth When fats are used as an energy source, the glycerol portion enters ________ when it has been converted to ________. When fats are used as an energy source, the glycerol portion enters ________ when it has been converted to ________. glycolysis; dihydroxyacetone phosphate the electron transport system; coenzyme Q glycolysis; fructose-6-phosphate the citric acid cycle; pyruvate the citric acid cycle; acetyl CoA 20 POINTS! ***CORRECT*** ANSWER GETS BRAINLIEST!!!! The fraction model below shows the steps that a student performed to find a quotient. Which statement best interprets the quotient? A. There are 5 1/6 three-fourths in 4 1/8 B. There are 5 1/6 three and one-eights in 3/4 C. There are 5 1/2 three and one-eights in 3/4 D. There are 5 1/2 three-fourths in 4 1/8 Ken received a 66 on his first math exam, which counted for 20% of his final grade; he now believes that he won't be able to pass the class. His conclusion best illustrates a pessimistic outlook. the fight-or-flight response. problem-focused coping. relative deprivation. WILL GIVE BRAINLIEST, Which of the following would have the greatest amount of surface area? A. 1 cubic foot of watermelons B. 1 cubic foot of matchbox cars C. 1 cubic foot of loose sand D. A 1 cubic foot block of concrete jika pola barisan aritmatika adalah -18,-22,-26,-30, maka u20 + u 22 adalah The dot plot represents a sampling of ACT scores: dot plot titled ACT Scores with Score on the x axis and Number of Students on the y axis with 1 dot over 24, 3 dots over 26, 3 dots over 27, 5 dots over 28, 3 dots over 30, 3 dots over 32, 1 dot over 35 Which box plot represents the dot plot data? box plot titled ACT Score with a minimum of 24, quartile 1 of 25, median of 26, quartile 3 of 29, and maximum of 35 box plot titled ACT Score with a minimum of 23, quartile 1 of 25, median of 26, quartile 3 of 29, and maximum of 36 box plot titled ACT Score with a minimum of 23, quartile 1 of 27, median of 30, quartile 3 of 34, and maximum of 36 box plot titled ACT Score with a minimum of 24, quartile 1 of 27, median of 28, quartile 3 of 30, and maximum of 35 A company has a selling price of $2,150 each for its printers. Each printer has a 2 year warranty that covers replacement of defective parts. It is estimated that 3% of all printers sold will be returned under the warranty at an average cost of $157 each. During November, the company sold 37,000 printers, and 470 printers were serviced under the warranty at a total cost of $62,000. The balance in the Estimated Warranty Liability account at November 1 was $32,500. What is the company's warranty expense for the month of November When 1604 J of heat energy is added to 48.9 g of hexane, C6H14, the temperature increases by 14.5 C. Calculate the molar heat capacity of C6H14.