Suppose 58% of the population has a retirement account. If a random sample of size 570 is selected, what is the probability that the proportion of persons with a retirement account will be less than 57%

Answers

Answer 1

Answer:

The probability that the proportion of persons with a retirement account will be less than 57%=31.561%

Step-by-step explanation:

We are given that

n=570

p=58%=0.58

We have to find the probability that the proportion of persons with a retirement account will be less than 57%.

q=1-p=1-0.58=0.42

By takin normal approximation to binomial  then sampling distribution of sample proportion  follow normal distribution.

Therefore,[tex]\hat{p}\sim N(\mu,\sigma^2)[/tex]

[tex]\mu_{\hat{p}}=p=0.58[/tex]

[tex]\sigma_{\hat{p}}=\sqrt{\frac{p(1-p)}{n}}[/tex]

[tex]\sigma_{\hat{p}}=\sqrt{\frac{0.58\times 0.42}{570}}[/tex]

[tex]\sigma_{\hat{p}}=0.02067[/tex]

Now,

[tex]P(\hat{p}<0.57)=P(\frac{\hat{p}-\mu_{\hat{p}}}{\sigma_{\hat{p}}}<\frac{0.57-0.58}{0.02067})[/tex]

[tex]P(\hat{p}<0.57)=P(Z<-0.483)[/tex]

[tex]P(\hat{p}<0.57)=0.31561\times 100[/tex]

[tex]P(\hat{p}<0.57)[/tex]=31.561%

Hence,  the probability that the proportion of persons with a retirement account will be less than 57%=31.561%


Related Questions

A city has a population of 350,000 peopleSuppose that each year the population grows by 7.75%What will the population be after 6 years Use the calculator provided and round your answer to the nearest whole number

Answers

Answer:

335%

Step-by-step explanation:

Plz help ASAP problem down below

Answers

Answer: Choice B) 60

Explanation:

This is known as a cyclic quadrilateral since all four points are on the circle's edge, and the quadrilateral is entirely inside the circle (no parts of the quadrilateral spill outside the circle). Another term is "inscribed quadrilateral"

Since we have an inscribed quadrilateral, this means the opposite angles of the quadrilateral are supplementary.

B+D = 180

120+x = 180

x = 180-120

x = 60

Can someone do eight nine one and two ?

Answers

Answer: hello there here are your answers:

8) B multiplication property of zero

9) C additive identify

1) 8

2) -2a-7

Step-by-step explanation:

1) [tex]\frac{3+u}8^{2} \\u=5 \\so\\ \frac{3+5}8^{2} \\3+5=8^{2} \\8^{2} =\\64 \\\\ 64/8=\\\\\\8 \\there.\\\\\\[/tex]

2)[tex]-2(a-7)\\\\-2(a)(-7)\\\\=-2a+14\\\\\\there[/tex]

The measure of each interior angle of reglar convex polygon is 150 How many sides it does have​

Answers

Step-by-step explanation:

Since an interior angle is 150 degrees, its adjacent exterior angle is 30 degrees.  Exterior angles of any polygon always add up to 360 degrees.  With the polygon being regular, we can just divide 360 by 30 to get 12 sides.

 

A film distribution manager calculates that 9% of the films released are flops. If the manager is right, what is the probability that the proportion of flops in a sample of 469 released films would be greater than 6%

Answers

Answer:

0.9884 = 98.84% probability that the proportion of flops in a sample of 469 released films would be greater than 6%.

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.

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]

A film distribution manager calculates that 9% of the films released are flops.

This means that [tex]p = 0.09[/tex]

Sample of 469

This means that [tex]n = 469[/tex]

Mean and standard deviation:

[tex]\mu = p = 0.09[/tex]

[tex]s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.09*0.91}{469}} = 0.0132[/tex]

What is the probability that the proportion of flops in a sample of 469 released films would be greater than 6%?

1 subtracted by the p-value of Z when X = 0.06. So

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

By the Central Limit Theorem

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

[tex]Z = \frac{0.06 - 0.09}{0.0132}[/tex]

[tex]Z = -2.27[/tex]

[tex]Z = -2.27[/tex] has a p-value of 0.0116

1 - 0.0116 = 0.9884

0.9884 = 98.84% probability that the proportion of flops in a sample of 469 released films would be greater than 6%.

if sine Theta is less than 0 and tan Theta is greater than 0 then​

Answers

Answer:

Sine Theta is a negative number, Tan Theta is a greater number then zero.

Step-by-step explanation:

If Sine Theta is less then zero, she is a negative number. So 0 - y = -y.

So if Tan Theta is a greater number than zero, her number is not negative. So 0 + y = y

I hope this helped! I didn’t really understand the question though.

Determine which statements about the relationship are true. Choose two options. g is the dependent variable. u is the dependent variable. g is the independent variable. u is the independent variable. The two variables cannot be labeled as independent or dependent without a table of values.

Answers

Answer:

1) g is the dependent variable.(A)

2) u is the independent variable.(D)

Step-by-step explanation:

One way to check on how representative a survey is of the population from which it was drawn is to compare various characteristics of the sample with the population characteristics. A typical variable used for this purpose is age. The 2010 GSS of the American adult population found a mean age 49.28 years and a standard deviation of 17.21 for its sample of 4,857 adults. Assume that we know from Census data that the mean age of all American adults is 37.2 years.

Required:
a. State the research and the null hypothesis setting for a two-tailed test.
b. Calculate the t statistics and test the null hypothesis setting alpha at .01. What did you find?
c. What is your decision about the null hypothesis? What does this tell us about how representative the sample is of the American adult population?

Answers

Answer:

a) See step by Step explanation

b) z(s) = 48.88

c) We reject H₀. The sample is not representative of American Adult Population

Step-by-step explanation:

From sample

sample mean .    x = 49.28

sample standard deviationn   s = 17.21

sample size  n₁  = 4857

Population mean according to Census data

μ  = 37.2

a) Test Hypothesis

Null Hypothesis .                  H₀ .                    x =  μ  = 37.2

Alternative Hypothesis        Hₐ .                    x ≠ μ

b) We have sample size (4857) we can use normal distribution

z (c) for    α = 0.01   α/2 . = 0.005  is from z-table . z(c) = 2.575

To calculate  z(s) =  ( x  - μ ) / s /√n

z(s) =  12.08 * √4857 / 17.21

z(s) = 12.08* 69.64 / 17.21

z(s) = 48.88

z(s) > z(c)

We should reject H₀. The sample is not representative of American Adult population

cuanto es 2 mas 2 mas 82 menos 72?​

Answers

Answer:

14

Step-by-step explanation:

2+2+82-72

86 - 72 = 14

the answer is 14 since 2+2+82-72 equals that

The following data were obtained from 4 people Pre-Test Value Post-test Value 43 42 28 29 31 30 28 25 You may also assume that the sample standard deviation for the four differences is 1.6. What is the correct t-statistic and the degrees of freedom for these data

Answers

Answer:

Test statistic = 1.25

Degree of freedom = 3

Step-by-step explanation:

The following data were obtained from 4 people

Pre-Test Value Post-test Value __ d

43 ________42 _________ 1

28_______ 29 ________ - 1

31 ________30 _________ 1

28 ________ 25 _________ 3

μd = (1 + - 1 + 1 + 3) / 4 = 4 /4 = 1

The mean difference, μd = 1

The standard deviation of difference, Sd = 1.6

The test statistic = μd / (Sd / √n)

Test statistic = 1 / (1.6/2) = 1 / 0.8

Test statistic = 1.25

Degree of freedom, = n - 1 = 4 - 1 = 3

A trough is 10 ft long and its ends have the shape of isosceles triangles that are 4 ft across at the top and have a height of 1 ft. If the trough is being filled with water at a rate of 15 ft3/min, how fast is the water level rising when the water is 8 inches deep

Answers

Answer:

7.5 ft³/min

Step-by-step explanation:

Let x be the depth below the surface of the water. The height, h of the water is thus h = 10 - x.

Now, the volume of water V = Ah where A = area of isosceles base of trough = 1/2bh' where b = base of triangle = 4 ft and h' = height of triangle = 1 ft. So, A = 1/2 × 4 ft × 1 ft = 2 ft²

So, V = Ah = 2h = 2(10 - x)

The rate of change of volume is thus

dV/dt = d[2(10 - x)]/dt = -2dx/dt

Since dV/dt = 15 ft³/min,

dx/dt = -(dV/dt)/2 = -15 ft³/min ÷ 2 = -7.5 ft³/min

Since the height of the water is h = 10 - x, the rate at which the water level is rising is dh/dt = d[10 - x]/dt

= -dx/dt

= -(-7.5 ft³/min)

= 7.5 ft³/min

And the height at this point when x = 8 inches = 8 in × 1 ft/12 in  = 0.67 ft is h = (10 - 0.67) ft = 9.33 ft


Find the volume of the figure. Express answers in terms of t, then round to the nearest whole number


Please help :)

Answers

Answer:

729π ft³

Step-by-step explanation:

Applying,

Volume of a cone

V = πr²h/3.............. Equation 1

Where r = radius of the base, h = height, π = pie

From the question,

Given: r = 9 ft, h = 27 ft

Substitite these values into equation 1

V = π(9²)(27)/3

V = 729π ft³

Hence the volume of the figure in terms of π is 729π ft³

i need help with these questions. anyone down to help me ?please

Answers

9514 1404 393

Answer:

A: less than 2 hoursB: 2 to 5 hoursC: more than 5 hours

Step-by-step explanation:

The attached graph shows the various company costs for x number of hours. The graph nearest the x-axis represents the lowest cost.

We can see that cost is lowest using Company A for 2 hours or less, and Company C for 5 hours or more. For times between those, Company B has the lowest charges.

Of course, the equation for charges in each case is the sum of the service fee and the product of hourly charge and number of hours (x).

__

I find the graphing calculator to be the most efficient tool for solving these. The alternative is to compare the equations pairwise to see which gives lower rates. With a little practice, you learn that the "break even hours" will be the difference in service fees divided by the difference in hourly cost.

For example A will cost the same as B when the $20 service fee and the $10/hour cost difference are the same: for 2 hours. A and C will cost the same when the $45 service fee and the $15/hour cost difference are the same, after 3 hours. B and C will cost the same when the $25 difference in service fees and the $5/hour cost difference are the same, after 5 hours.

So B is cheaper above 2 hours, and C is cheaper than that above 5 hours. With no service fee, A is cheaper for small numbers of hours (<2).

prime factorization of a 4- digit number with at least three distinct factors
Need two examples. SHOW ALL STEPS

Answers

Answer:

We know that every number can be written as a product of prime numbers.

The method to find the factorized form of a number depends on the number, we just try to find the different factors by dividing by them, for example for the number 1000 we have:

1000 is an even number, then we can divide it by 2 (2 is a prime number)

1000 = 2*500   (so we already found a prime factor)

500 is also an even number, so we can divide it by 2

1000 = 2*500 = 2*2*250  (we found another prime factor)

dividing by 2 again we get:

1000 = 2*2*250 = 2*2*2*125

1000 = (2*2*2)*125

now we just need to factorize 125

we know that 125 is a multiple of 5, such that:

125 = 5*25 = 5*5*5

(5 is a prime number, so it is completely factorized).

Then the factorization of 1000 is:

1000 = (2*2*2)*(5*5*5) = 2^3*5^3

Now with another example, 1422

1422 is an even number, so we again start using the factor 2:

1422 = 2 = 711

then:

1422 = 2*711

we already found a factor.

711 is a multiple of 3 (the sum of its digits is a multiple of 3), then:

711/3 = 237

We can write our number as:

1422 = 2*3*237

237 is also a multiple of 3

237/3 = 79

then:

1422 = 2*3*3*79

and 79 is a prime number, so we already have 1422 completely factorized.

Solutes in the bloodstream enter cells through a diffusion process called
osmosis, the diffusion of fluid through a semi-permeable membrane. Let C = C(t)
be the concentration of a certain solute inside a particular cell. The rate at which
the concentration inside the cell is changing is proportional to the difference in the
concentration of the solute in the bloodstream and the concentration within the cell.
Suppose the concentration of a solute in the bloodstream is maintained at a constant
level of L gm/cm?
(a) Write a differential equation involving
dc\dt

Answers

Answer:

en la calasa ni esta en la estacion

..................................................................

Answers

Answer:

Hello?

Step-by-step explanation:

The FitnessGram™ Pacer Test is a multistage aerobic capacity test that progressively gets more difficult as it continues.

add 10ft 3in + 3ft 9in + 8ft 10in​

Answers

22 feet 10 inches I hope I am right

Write the number 52 as a product of primes. SHOW ALL WORK

Answers

AnsweStep-by-step explanation:

lol

Find the volume of the composite solid. Round your answer to the nearest hundredth. A. 22.5mm^3 B. 22.19mm^3 C. 22.53mm^3 D. 22.54mm^3

Answers

I think that it would have to be A if I did it right

Please help!!!!!
I’m using Plato

Answers

Answer:

the image is hard to read... this is the best that I can see

Step-by-step explanation:

[tex]\sqrt[3]{x^{3} } = x^{3/3} = x\\\sqrt[3]{x^{5} } = x^{5/3} \\\\\sqrt[5]{x } = x^{1/5} \\\\\sqrt[2]{x ^3 } = x^{3/2} \\[/tex]

~~~~~~~~~~~~~~~~~~~

Someone please help me ASAP!

Answers

Answer:

The 3rd

Step-by-step explanation:

If x goes to infinity, f(x) goes to infinity too:

[tex]lim \: \frac{2 {x}^{2} }{3x - 1} = lim \frac{2x}{3 - \frac{1}{x} } = \frac{ 2 \times \infty }{3 - 0} = \infty [/tex]

Jerry leaves home driving at 50 miles per hour. Ten minutes later, Jenny drives after him at the speed 65 miles per hour. When will she overtake him?

Answers

Hi there!

[tex]\large\boxed{\approx 43.33 min}}[/tex]

Recall:

d = st, where:

d = distance

s = speed

t = time

We can set up an expression where the extra ten minutes is taken into account:

50x = 65(x - 10) <--- because J left 10 minutes after, we must subtract from the time variable, or "x".

Solve for x:

50x = 65x - 650

Subtract 65x from both sides:

-15x = -650

Divide both sides by -15:

x ≈ 130/3 or 43.33 min

What’s is the domain

Answers

9514 1404 393

Answer:

  (b)  x -3 ≥ 0

Step-by-step explanation:

The square root function will return non-negative values, so the inequality √(x-3) ≥ 0 gives no new information. What is required is that the argument of the square root function be non-negative:

  x -3 ≥ 0

which of the following sets represents the tangeof the function shown? {(-3,4),(5,11),(9,-1),(10,13)}​

Answers

Answer:  Range = {4, 11, -1, 13}

Explanation:

The range is the set of y outputs of a relation. So we just list the y coordinates of the points shown.

We could sort the values to get {-1, 4, 11, 13}, but order doesn't matter in a set. So this step is optional.

debbie will be attending a concert at grand ole opry in nashville, tennessee. if the average number of songs performed there in a 10 day period is 167. approximately how many songs are performed there in a years time

Answers

Given:

The average number of songs performed there in a 10 day period is 167.

To find:

The number of songs performed there in a year time.

Solution:

We have,

Number of songs performed in 10 days = 167

Number of songs performed in 1 day = [tex]\dfrac{167}{10}[/tex]

                                                              = [tex]1.67[/tex]

We know that 1 year is equal to 365 days. So,

Number of songs performed in 365 day = [tex]1.67\times 365[/tex]

Number of songs performed in 1 year     = [tex]609.55[/tex]

                                                                   [tex]\approx 610[/tex]

Therefore, the number of songs performed there in a year time is about 610.

Using a weight of 12 for the most recent observation, 13 for the second most recent observation, and 16 for third most recent observation, compute a three-week weighted moving average for the time series. (Round your answers to two decimal places.)

Answers

Answer: Hi some data is missing attached below is the missing data

answer:

WMA = 174.53

Step-by-step explanation:

Determine the three-week weighted moving average with weights

( 1/2, 1/3, 1/6 )

Weighted moving average ( WMA ) = 174.53

MSE = ∑ (xi - WMA)^2 / n

        = 9.71

attached below is the detailed solution/table

The volume of a pyramid is 240 cubic centimeters. The pyramid has a rectangular base with sides 6cm by 4cm. Find the altitude and lateral surface area of the pyramid if the pyramid has equal lateral edges​

Answers

Answer:

altitude = 30 cm

lateral surface area = 301 cm² (approximately)

Step-by-step explanation:

let the altitude be x,

240=6*4*x/3

or, x=30 cm

Lateral surface area,

=l×√(w/2)²+h²]+w×√[(l/2)²+h²]

=6×√[(4/2)²+30²]+4×√[(6/2)²+30²]

≈300.99806

≈ 301 cm²

Answered by GAUTHMATH

HELPPP PLEASEEE! I tried everything from adding to dividing, subtracting, multiplying but still no correct answer. Can someone help me out here please? I am not sure where to start either now. Thank you for your time.

Answers

You have some data points labeled by [tex]x[/tex]. They form the set {3, 5, 7}.

The mean, [tex]\bar x[/tex], is the average of these values:

[tex]\bar x = \dfrac{3+5+7}3 = \dfrac{15}3 = 5[/tex]

Then in the column labeled [tex]x-\bar x[/tex], what you're doing is computing the difference between each data point [tex]x[/tex] and the mean [tex]\bar x[/tex]:

[tex]x=3 \implies x-\bar x = 3 - 5 = -2[/tex]

[tex]x=5 \implies x-\bar x = 5-5 = 0[/tex]

[tex]x=7 \implies x-\bar x = 7 - 5 = 2[/tex]

These are sometimes called "residuals".

In the next column, you square these values:

[tex]x=3 \implies (x-\bar x)^2 = (-2)^2 = 4[/tex]

[tex]x=5 \implies (x-\bar x)^2 = 0^2 = 0[/tex]

[tex]x=7 \implies (x-\bar x)^2 = 2^2 = 4[/tex]

and the variance of the data is the sum of these so-called "squared residuals".

If one card is drawn from a deck, find the probability of getting these results.
Enter your answers as fractions or as decimals rounded to 3 decimal places.

Answers

Answer:

Face card= 12/52

(52 cards in a deck and 12 are face cards)

Red face card= 6/12

(12 face cards in a deck cards in a deck and 6 are red face cards)

Black face card= 6/52

(6 are black)

Black card= 26/52

(52 cards in a deck and 26 are black)

Red card= 26/52

(26 are red)

Decreased by 0% is 800 ?

Answers

Find the negative reciprocal of the slope of the orginal line. Undefined

Answer:

800

Step-by-step explanation:

100%-0%=100%

100% is also equal to the number 1.

We now have 1x=800

Simplify that and get 800

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