The number of times larger Cell S is compared to Cell W is 4 x 10²,
How many times larger is the bigger cell?
Scientific notation is used to compress large numbers into smaller numbers. In order to write a number in scientific notation, the number is written as a decimal number, between 1 and 10 and multiplied by a power of 10.
When the power of the scientific notation is negative, it means that the number is less than 1. 0.01 would be written as 1 x [tex]10^{-2}[/tex]. Cell S is larger than Cell W.
(7.2 x [tex]10^{-5}[/tex]) ÷ (1.8 x [tex]10^{-7}[/tex])
(7.2 / 1.8) x [tex]10^{-5--7}[/tex]
4 x 10²
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Find the product of 3√20 and √5 in simplest form. Also, determine whether the result is rational or irrational and explain your answer.
Answer:
30, rational
Step-by-step explanation:
[tex]3\sqrt{20}\cdot\sqrt{5}=3\sqrt{4}\sqrt{5}\cdot\sqrt{5}=(3\cdot2)\cdot5=6\cdot5=30[/tex]
The result is rational because it can be written as a fraction of integers.
Consider the initial value problem y⃗ ′=[33????23????4]y⃗ +????⃗ (????),y⃗ (1)=[20]. Suppose we know that y⃗ (????)=[−2????+????2????2+????] is the unique solution to this initial value problem. Find ????⃗ (????) and the constants ???? and ????.
The unique solution to the initial value problem of differential equation is y(t) = -t^2 + 2t + 3sin(3t) - 1 with e(t) = -t^2 + 2t + 3sin(3t) - 9, a = 2, and B = -21.
To find the solution to the initial value problem, we first need to solve the differential equation.
Taking the derivative of y(t), we get:
y'(t) = -2t + a
Taking the derivative again, we get:
y''(t) = -2
Substituting y''(t) into the differential equation, we get:
y''(t) + 2y'(t) + 10y(t) = 20sin(3t)
Substituting y'(t) and y(t) into the equation, we get:
-2 + 2a + 10(-2t + a) = 20sin(3t)
Simplifying, we get:
8a - 20t = 20sin(3t) + 2
Using the initial condition y(0) = 2, we get:
y(0) = -2(0) + a = 2
Solving for a, we get:
a = 2
Using the other initial condition y'(0) = 21, we get:
y'(0) = -2(0) + 2(21) + B = 21
Solving for B, we get:
B = -21
Therefore, the solution to the initial value problem is:
y(t) = -t^2 + 2t + 3sin(3t) - 1
Thus, we have e(t) = y(t) - 8, so
e(t) = -t^2 + 2t + 3sin(3t) - 9
and a = 2, B = -21.
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_____The given question is incomplete, the complete question is given below:
Consider the initial value problem >= [22. 2.1]+20). 361) = [2] Suppose we know that (t) = -2t + a 21? + is the unique solution to this initial value problem. Find e(t) and the constants and B. a = B= 8(t) =
the c on the left has blank1 - word answer please type your answer to submit electron geometry and a bond angle of
The CH3-CIOI-CNI molecule contains three carbon atoms with different electron geometries and bond angles. The CH3 and CIOI carbon atoms have tetrahedral geometry with a bond angle of approximately 109.5 degrees, while the CNI carbon atom has a trigonal planar geometry with a bond angle of approximately 120 degrees.
Using this Lewis structure, we can determine the electron geometry and bond angle for each carbon atom in the molecule as follows.
The carbon atom in the CH3 group has four electron domains (three bonding pairs and one non-bonding pair). The electron geometry around this carbon atom is tetrahedral, and the bond angle is approximately 109.5 degrees.
The carbon atom in the CIOI group has four electron domains (two bonding pairs and two non-bonding pairs). The electron geometry around this carbon atom is also tetrahedral, and the bond angle is approximately 109.5 degrees.
The carbon atom in the CNI group has three electron domains (one bonding pair and two non-bonding pairs). The electron geometry around this carbon atom is trigonal planar, and the bond angle is approximately 120 degrees.
Therefore, the electron geometry and bond angle for each carbon atom in the structure CH3-CIOI-CNI are:
CH3 carbon atom tetrahedral geometry, bond angle of approximately 109.5 degrees
CIOI carbon atom tetrahedral geometry, bond angle of approximately 109.5 degrees
CNI carbon atom trigonal planar geometry, bond angle of approximately 120 degrees
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_____The given question is incomplete, the complete question is given below:
Determine the electron geometry and bond angle for each carbon atom in the structure CH3-CIOI-CNI
generally, cold fronts move fast er than warm fronts generally, cold fronts have steeper slopes generally, precipitation cover s a much broader area with a cold front especially in winter, cumuliform clouds are more often associated with cold fronts
Cold fronts generally move faster than warm fronts because cold air is denser and thus, moves more quickly. Precipitation with a cold front typically covers a broader area, especially during the winter.
On the other hand, warm fronts move more slowly as they are characterized by the gradual lifting of warm air over colder air. Cold fronts also typically have steeper slopes than warm fronts. This is because the leading edge of a cold front is more abrupt.
With a steep rise in the cold air mass. In contrast, the leading edge of a warm front has a gentler slope as the warm air gradually rises over the colder air.
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Solve each proportion round to the nearest tenth
Answer:
[tex]v = \frac{7}{2}[/tex]
Step-by-step explanation:
state the third congruence statement that is needed to prove that FGH is congruent to LMN using the ASA congruence therom
Answer:
a
Step-by-step explanation:
What is the slope of the line in the following graph?
Answer:
1/3
Step-by-step explanation:
using rise over run fron the two dots, we can find 2/6, which simplifies down to 1/3
The Nutty Professor sells cashews for $6.80 per pound and Brazil nuts for $4.20 per pound. How much of each type should be used to make a 35 pound mixture that sells for $5.31 per pound?
The Nutty Prοfessοr shοuld use apprοximately 14.94 pοunds οf cashews and 35 - 14.94 = 20.06 pοunds οf Brazil nuts tο make a 35 pοund mixture that sells fοr $5.31 per pοund.
Assume the Nutty Prοfessοr makes a 35-pοund mixture with x pοunds οf cashews and (35 - x) pοunds οf Brazil nuts.
The cashews cοst $6.80 per pοund, sο the tοtal cοst οf x pοunds οf cashews is $6.8x dοllars.
Similarly, Brazil nuts cοst $4.20 per pοund, sο (35 - x) pοunds οf Brazil nuts cοst 4.2(35 - x) dοllars.
The tοtal cοst οf the mixture equals the sum οf the cashew and Brazil nut cοsts, which is:
6.8x + 4.2(35 - x) (35 - x)
When we simplify, we get:
6.8x + 147 - 4.2x
2.6x + 147
The mixture sells fοr $5.31 per pοund, sο the tοtal revenue frοm selling 35 pοunds οf the mixture is:
35(5.31) = 185.85
When we divide the tοtal cοst οf the mixture by the tοtal revenue, we get:
2.6x + 147 = 185.85
Subtractiοn οf 147 frοm bοth sides yields:
2.6x = 38.85
When we divide by 2.6, we get:
x ≈ 14.94
Tο make a 35-pοund mixture that sells fοr $5.31 per pοund, the Nutty Prοfessοr shοuld use apprοximately 14.94 pοunds οf cashews and 35 - 14.94 = 20.06 pοunds οf Brazil nuts.
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A simple random sample of size n is drawn. The sample mean, x, is found to be 18.1, and the sample standard deviation, s, is found to be 4.1.
(a) Construct a 95% confidence interval about u if the sample size, n, is 34.
Lower bound: Upper bound:
(Use ascending order. Round to two decimal places as needed.)
In response to the stated question, we may state that Hence, the 95% CI function for u is (16.72, 19.48), rounded to two decimal places in increasing order.
what is function?In mathematics, a function is a connection between two sets of numbers in which each member of the first set (known as the domain) corresponds to a single element in the second set (called the range). In other words, a function takes inputs from one set and produces outputs from another. Inputs are commonly represented by the variable x, whereas outputs are represented by the variable y. A function can be described using an equation or a graph. The equation y = 2x + 1 represents a linear function in which each value of x yields a distinct value of y.v
We use the following formula to create a confidence interval around the population mean u:
CI = x ± z*(s/√n)
where x represents the sample mean, s represents the sample standard deviation, n represents the sample size, z represents the z-score associated with the desired degree of confidence, and CI represents the confidence interval.
Because the degree of confidence is 95%, we must calculate the z-score that corresponds to the standard normal distribution's middle 95%. This is roughly 1.96 and may be determined with a z-table or calculator.
CI = 18.1 ± 1.96*(4.1/√34)
CI = 18.1 ± 1.96*(0.704)
CI = 18.1 ± 1.38
Hence, the 95% CI for u is (16.72, 19.48), rounded to two decimal places in increasing order.
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For a standard normal distribution, find:
P(-2.11 < z < -0.85)
Answer:
Step-by-step explanation:
Using a standard normal table, we can find the area under the curve between -2.11 and -0.85.
P(-2.11 < z < -0.85) = P(z < -0.85) - P(z < -2.11)
Using the table, we find:
P(z < -0.85) = 0.1977
P(z < -2.11) = 0.0174
Therefore,
P(-2.11 < z < -0.85) = 0.1977 - 0.0174 = 0.1803
So the probability that a standard normal random variable falls between -2.11 and -0.85 is 0.1803.
QUESTION THREE (30 Marks) a) For a group of 100 Kiondo weavers of Kitui, the median and quartile earnings per week are KSHs. 88.6, 86.0 and 91.8 respectively. The earnings for the group range between KShs. 80-100. Ten per cent of the group earn under KSHs. 84 per week, 13 per cent earn KSHs 94 and over and 6 per cent KShs. 96 and over. i. Put these data into the form of a frequency distribution and obtain an estimate of the mean wage. 15 Marks
Answer:
the answer would be 100 I guess
During a manufacturing process, a metal part in a machine is exposed to varying temperature conditions. The manufacturer of the machine recommends that the temperature of the machine part remain below 131°F. The temperature T in degrees Fahrenheit x minutes after the machine is put into operation is modeled by T=-0.005x^2+0.45x+125. Will the temperature of the part ever reach or exceed 131°F? Use the discriminant of a quadratic equation to decide.
answer options
1. No
2. Yes
From the discriminant of the give quadratic equation, the temperature of the machine will part after 50 minutes of operation.
Will the temperature of the part ever reach or exceed 135°F?The given equation that models the temperature of the machine is;
T = -0.005x² + 0.45x + 125
Let check if there's a value that exists for T = 135
Putting T = 135 in the given equation,
135 = -0.005x² + 0.45x + 125
We can simplify this to;
0.005x² - 0.45x + 10 = 0
From the general form of quadratic equation which is ax² + bx + c = 0, where a = 0.005, b = -0.45, and c = 10.
The discriminant of this quadratic equation is given by:
D = b² - 4ac
= (-0.45)² - 4(0.005)(10)
= 0.2025 - 0.2
= 0.0025
The discriminant of the equation is positive which indicates we have two roots. Therefore, the temperature of the machine part will cross 135°F at some point during the operation.
We can also find the roots of the quadratic equation using the formula:
[tex]x = (-b \± \sqrt(D)) / 2a[/tex]
Substituting the values of a, b, and D, we get:
[tex]x = (0.45 \± \sqrt(0.0025)) / 2(0.005)\\= (0.45 \± 0.05) / 0.01[/tex]
Taking the positive value, we get:
x = 50
Therefore, the temperature of the machine part will cross 135°F after 50 minutes of operation.
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Parts A-D. What is the value of the sample mean as a percent? What is its interpretation? Compute the sample variance and sample standard deviation as a percent as measures of rotelle for the quarterly return for this stock.
The sample mean is 2.1, the sample variance is 212.5% and the standard deviation is 14.57%
What is the sample mean?a. The sample mean can be computed as the average of the quarterly percent total returns:
[tex](11.2 - 20.5 + 13.2 + 12.6 + 9.5 - 5.8 - 17.7 + 14.3) / 8 = 2.1[/tex]
So the sample mean is 2.1%, which can be interpreted as the average quarterly percent total return for the stock over the sample period.
b. The sample variance can be computed using the formula:
[tex]s^2 = sum((x - mean)^2) / (n - 1)[/tex]
where x is each quarterly percent total return, mean is the sample mean, and n is the sample size. Plugging in the values, we get:
[tex]s^2 = (11.2 - 2.1)^2 + (-20.5 - 2.1)^2 + (13.2 - 2.1)^2 + (12.6 - 2.1)^2 + (9.5 - 2.1)^2 + (-5.8 - 2.1)^2 + (-17.7 - 2.1)^2 + (14.3 - 2.1)^2 / (8 - 1) = 212.15[/tex]
So the sample variance is 212.15%. The sample standard deviation can be computed as the square root of the sample variance:
[tex]s = \sqrt(s^2) = \sqrt(212.15) = 14.57[/tex]
So the sample standard deviation is 14.57%.
c. To construct a 95% confidence interval for the population variance, we can use the chi-square distribution with degrees of freedom n - 1 = 7. The upper and lower bounds of the confidence interval can be found using the chi-square distribution table or calculator, as follows:
upper bound = (n - 1) * s^2 / chi-square(0.025, n - 1) = 306.05
lower bound = (n - 1) * s^2 / chi-square(0.975, n - 1) = 91.91
So the 95% confidence interval for the population variance is (91.91, 306.05).
d. To construct a 95% confidence interval for the standard deviation (as percent), we can use the formula:
lower bound = s * √((n - 1) / chi-square(0.975, n - 1))
upper bound = s * √((n - 1) / chi-square(0.025, n - 1))
Plugging in the values, we get:
lower bound = 6.4685%
upper bound = 20.1422%
So the 95% confidence interval for the standard deviation (as percent) is (6.4685%, 20.1422%).
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please help me with math quiz i’ll give you brainlist
Answer:
Answer: B. Symmetric.
Explanation:
In a symmetric distribution, the data is evenly distributed around the mean or median, creating a mirror image on both sides of the center. In this histogram, the median and mean are very close together at 55 and the bars on both sides of the center are roughly equal in height, indicating a fairly even distribution. Therefore, the histogram is symmetric.
Question 6
One gallon of water weighs 8.34 lb. How much weight is added to a fire truck when its tank is filled
with 750 gal of water?
Question 7
1
Answer
6255 pounds
8.34×750=6255lbs
A box containing 5 balls costs $8.50. If the balls are bought individually, they cost $2.00 each. How much cheaper is it, in percentage terms, to buy the box as opposed to buying 5 individual balls?
Answer: The total cost of buying 5 balls individually is $2.00 x 5 = $10.00.
The box costs $8.50, which means it is $10.00 - $8.50 = $1.50 cheaper to buy the box.
To calculate the percentage difference, we can use the formula:
% difference = (difference ÷ original value) x 100%
In this case, the difference is $1.50, and the original value is $10.00.
% difference = ($1.50 ÷ $10.00) x 100%
% difference = 0.15 x 100%
% difference = 15%
Therefore, it is 15% cheaper to buy the box than to buy 5 individual balls.
Step-by-step explanation:
In the year 1985, a house was valued at $108,000. By the year 2005, the value had appreciated to $148,000. What was the annual growth rate percentage between 1985 and 2005? Assume that the value continued
to grow by the same percentage. What was the value of the house in the year 2010?
Answer:
To find the annual growth rate percentage, we can use the formula:
annual growth rate = [(final value / initial value)^(1/number of years)] - 1
where "final value" is the value in the ending year, "initial value" is the value in the starting year, and "number of years" is the total number of years between the starting and ending years.
Using the given values, we have:
annual growth rate = [(148,000 / 108,000)^(1/20)] - 1
= 0.0226 or 2.26%
So the house appreciated at an annual growth rate of 2.26%.
To find the value of the house in 2010, we can use the same growth rate to project the value from 2005 to 2010:
value in 2010 = 148,000 * (1 + 0.0226)^5
= $175,465.11 (rounded to the nearest cent)
Therefore, the value of the house in the year 2010 was $175,465.11.
To approximate binomial probability plx > 8) when n is large, identify the appropriate 0.5 adjusted formula for normal approximation. O plx > 7.5) O plx >= 9) O plx > 9) O plx > 8.5)
The appropriate 0.5 adjusted formula for normal approximation is option (d) p(x > 8.5)
The appropriate 0.5 adjusted formula for normal approximation to approximate binomial probabilities when n is large is
P(Z > (x + 0.5 - np) / sqrt(np(1-p)))
where Z is the standard normal variable, x is the number of successes, n is the number of trials, and p is the probability of success in each trial.
To approximate binomial probability p(x > 8) when n is large, we need to use the continuity correction and find the appropriate 0.5 adjusted formula for normal approximation. Here, x = 8, n is large, and p is unknown. We first need to find the value of p.
Assuming a binomial distribution, the mean is np and the variance is np(1-p). Since n is large, we can use the following approximation
np = mean = 8, and
np(1-p) = variance = npq
8q = npq
q = 0.875
p = 1 - q = 0.125
Now, using the continuity correction, we adjust the inequality to p(x > 8) = p(x > 8.5 - 0.5)
P(Z > (8.5 - 0.5 - 8∙0.125) / sqrt(8∙0.125∙0.875))
= P(Z > 0.5 / 0.666)
= P(Z > 0.75)
Therefore, the correct option is (d) p(x > 8.5)
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The given question is incomplete, the complete question is:
To approximate binomial probability p(x > 8) when n is large, identify the appropriate 0.5 adjusted formula for normal approximation. a) p(x > 7.5) b) p(x >= 9) c) p(x > 9) d) p(x > 8.5)
Let the Universal Set, S, have 158 elements. A and B are subsets of S. Set A contains 67 elements and Set B contains 65 elements. If Sets A and B have 9 elements in common, how many elements are in neither A nor B?
There are 92 elements in A but not in B.
What are sets?In mathematics, a set is a well-defined collection of objects or elements. Sets are denoted by uppercase symbols, and the number of elements in a finite set is denoted as the cardinality of the set enclosed in curly braces {…}.
Empty or zero quantity:
Items not included. example:
A = {} is a null set.
Finite sets:
The number is limited. example:
A = {1,2,3,4}
Infinite set:
There are myriad elements. example:
A = {x:
x is the set of all integers}
Same sentence:
Two sets with the same members. example:
A = {1,2,5} and B = {2,5,1}:
Set A = Set B
Subset:
A set 'A' is said to be a subset of B if every element of A is also an element of B. example:
If A={1,2} and B={1,2,3,4} then A ⊆ B
Universal set:
A set that consists of all the elements of other sets that exist in the Venn diagram. example:
A={1,2}, B={2,3}, where the universal set is U = {1,2,3}
n(A ∪ B) = n(A – B) + n(A ∩ B) + n(B – A)
Hence, There are 92 elements in A but not in B.
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fill in the blank. Toward the end of a game of Scrabble, you hold the letters D, O, G, and Q. You can choose 3 of these 4 letters and arrange them in order in ______ different ways. (Give your answer as a whole number.)
Toward the end of a game of Scrabble, you hold the letters D, O, G, and Q. You can choose 3 of these 4 letters and arrange them in order in 24 different ways.
To solve this problem, we need to use the concept of permutations. A permutation is an arrangement of objects in a specific order. In this case, we need to find the number of permutations that can be made from the letters D, O, G, and Q when we choose 3 of these 4 letters.
The formula for finding the number of permutations is:
n! / (n-r)!
where n is the total number of objects and r is the number of objects we choose.
Using this formula, we can calculate the number of permutations as follows:
4! / (4-3)!
= 4! / 1!
= 4 x 3 x 2 x 1 / 1
= 24
Therefore, we can arrange the chosen 3 letters in 24 different ways.
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Without an appointment, the average waiting time in minutes at the doctor's office has the probability density function f(t)=1/38, where 0≤t≤38
Step 1 of 2:
What is the probability that you will wait at least 26 minutes? Enter your answer as an exact expression or rounded to 3 decimal places.
Step 2 of 2:
What is the average waiting time?
The probability of waiting at least 26 minutes is 0.316. The average waiting time is 19 minutes.
Step 1:
The probability of waiting at least 26 minutes can be calculated by finding the area under the probability density function from 26 to 38:
P(waiting at least 26 minutes) = ∫26^38 (1/38) dt = [t/38] from 26 to 38
= (38/38) - (26/38) = 12/38 = 0.316
So the probability of waiting at least 26 minutes is 0.316 or approximately 0.316 rounded to 3 decimal places.
Step 2:
The average waiting time can be calculated by finding the expected value of the probability density function:
E(waiting time) = ∫0³⁸ t f(t) dt = ∫0³⁸ (t/38) dt
= [(t²)/(238)] from 0 to 38
= (38²)/(238) = 19
Therefore, the average waiting time is 19 minutes.
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WILL MARK AS BRAINLIEST!!!!!!!!!!!!!!
If "f" is differentiable and f(1) < f(2), then there is a number "c", in the interval (_____, _____) such that f'(c)>_______
If "f" is differentiable and f(1) < f(2), then there is a number "c", in the interval (1, 2) such that f'(c)> 0.
How do we know?Applying the Mean Value Theorem for derivatives, if a function f is continuous on the closed interval [a, b] and differentiable on the open interval (a, b), then there exists at least one number c in the interval (a, b) such that:
f'(c) = (f(b) - f(a)) / (b - a)
In the scenario above, we have that f is differentiable, and that f(1) < f(2).
choosing a = 1 and b = 2.
Then applying the Mean Value Theorem, there exists at least one number c in the interval (1, 2) such that:
f'(c) = (f(2) - f(1)) / (2 - 1)
f'(c) = f(2) - f(1)
We have that f(1) < f(2), we have:
f(2) - f(1) > 0
We can conclude by saying that there exists a number c in the interval (1, 2) such that:
f'(c) = f(2) - f(1) > 0
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find a polynomial function with the following zeros: double zero at -4 simple zero at 3.
f(x) = (x+4)^2(x-3) has polynomial function with the following zeros: double zero at -4 simple zero at 3.
If a polynomial has a double zero at -4, it means that it can be factored as (x+4)^2.
If it also has a simple zero at 3, then the factorization must include (x-3).
Therefore, the polynomial function with these zeros is :-
f(x) = (x+4)^2(x-3)
This polynomial has a double zero at -4, because $(x+4)^2$ has a zero of order 2 at -4, and a simple zero at 3, because $(x-3)$ has a zero of order 1 at 3.
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given :√9+25 : π-4 : ³√-27 : 2÷3 : 18÷2 : √-27
√9+25 = 28
π-4 = -0.8571
³√-27 = -3
2 / 3 = 0.6667
18÷2 = 9
√-27 = 5.196
What is surdsIn mathematics, a surd is a term used to describe an irrational number that is expressed as the root of an integer. Specifically, a surd is a number that cannot be expressed exactly as a fraction of two integers, and is usually written in the form of a radical (e.g. √2, √3, √5, etc.).
We have √9+25 = 28
find the square root of 9 = 3
3 + 25 = 28
π-4 = 3.14 - 4
= -0.8571
³√-27 = ³√3³
= 3
2÷3 = 0.6667
18÷2 = 9
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question:
given :√9+25 : π-4 : ³√-27 : 2÷3 : 18÷2 : √-27
find the value of the terms
Oliver's normal rate of pay is $10.40 an hour.
How much is he paid for working 5 hours overtime one Saturday at time-and-a-half?
PLEASE HELP 30 POINTS!
Answer:
57
57
123
123
57
57
123
that's all.
Answer:
m<1 = 57°
m<2 = m<1 = 57°
m<3 = x = 123°
m<4 = x = 123°
m<5 = m<1 = 57°
m<6 = m<5 = 57°
m<7 = m<4 = 123°
Step-by-step explanation:
[tex]{ \tt{m \angle 1 + x = 180 \degree}} \\ { \colorbox{silver}{corresponding \: angles}} \\ { \tt{m \angle 1 = 180 - 123}} \\ { \tt{ \underline{ \: m \angle 1 = 57 \degree \: }}}[/tex]
Select all the expressions that are equivalent to (12 + x)10.5.
It’s multiple choice and these are the answers
10.5(12x)
(10.5 + 12 + x)
10.5(12 + x)
126x
126 + 10.5x
22.5 + x
If A B C are three matric such that AB=AC such that A=C then A is
Answer:
invertible
Step-by-step explanation:
If A is invertible then ∣A∣ =0
According to Money magazine, Maryland had the highest median annual household income of any state in 2018 at $75,847.† Assume that annual household income in Maryland follows a normal distribution with a median of $75,847 and standard deviation of $33,800.
(a) What is the probability that a household in Maryland has an annual income of $90,000 or more? (Round your answer to four decimal places.)
(b) What is the probability that a household in Maryland has an annual income of $50,000 or less? (Round your answer to four decimal places.)
The required probability that a household in Maryland with annual income of ,
$90,000 or more is equal to 0.3377.
$50,000 or less is equal to 0.2218.
Annual household income in Maryland follows a normal distribution ,
Median = $75,847
Standard deviation = $33,800
Probability of household in Maryland has an annual income of $90,000 or more.
Let X be the random variable representing the annual household income in Maryland.
Then,
find P(X ≥ $90,000).
Standardize the variable X using the formula,
Z = (X - μ) / σ
where μ is the mean (or median, in this case)
And σ is the standard deviation.
Substituting the given values, we get,
Z = (90,000 - 75,847) / 33,800
⇒ Z = 0.4187
Using a standard normal distribution table
greater than 0.4187 as 0.3377.
P(X ≥ $90,000)
= P(Z ≥ 0.4187)
= 0.3377
Probability that a household in Maryland has an annual income of $90,000 or more is 0.3377(rounded to four decimal places).
Probability that a household in Maryland has an annual income of $50,000 or less.
P(X ≤ $50,000).
Standardizing X, we get,
Z = (50,000 - 75,847) / 33,800
⇒ Z = -0.7674
Using a standard normal distribution table
Probability that a standard normal variable is less than -0.7674 as 0.2218. This implies,
P(X ≤ $50,000)
= P(Z ≤ -0.7674)
= 0.2218
Probability that a household in Maryland has an annual income of $50,000 or less is 0.2218.
Therefore, the probability with annual income of $90,000 or more and $50,000 or less is equal to 0.3377 and 0.2218 respectively.
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Marcia Gadzera wants to retire in San Diego when she is 65 years old. Marcia is now 50 and believes she will need $90,000 to retire comfortably. To date, she has set aside no retirement money. If she gets interest of 10% compounded semiannually, how much must she invest today to meet her goal of $90,000?
Answer:
Step-by-step explanation:
We can use the formula for the future value of an annuity to determine how much Marcia needs to invest today to meet her retirement goal of $90,000. The formula for the future value of an annuity is:
FV = PMT x [(1 + r/n)^(n*t) - 1] / (r/n)
where:
FV = future value of the annuity
PMT = payment (or deposit) made at the end of each compounding period
r = annual interest rate
n = number of compounding periods per year
t = number of years
In this case, we want to solve for the PMT (the amount Marcia needs to invest today). We know that:
Marcia wants to retire in 15 years (when she is 65), so t = 15
The interest rate is 10% per year, compounded semiannually, so r = 0.10/2 = 0.05 and n = 2
Marcia wants to have $90,000 in her retirement account
Substituting these values into the formula, we get:
$90,000 = PMT x [(1 + 0.05/2)^(2*15) - 1] / (0.05/2)
Simplifying the formula, we get:
PMT = $90,000 / [(1.025)^30 - 1] / 0.025
PMT = $90,000 / 19.7588
PMT = $4,553.39 (rounded to the nearest cent)
Therefore, Marcia needs to invest $4,553.39 today in order to meet her retirement goal of $90,000, assuming an interest rate of 10% per year, compounded semiannually.