The Federal Reserve System publishes data on family income based on its Survey of Consumer Finances. When the head of the household has a college degree, the mean before-tax family income is $ 85,050. Suppose that 56% of the before-tax family incomes when the head of the household has a college degree are between $75,000 and $95,100 and that these incomes are normally distributed. What is the standard deviation of before-tax family incomes when the head of the household has a college degree

Answers

Answer 1

Answer:

The standard deviation is $13,052.

Step-by-step explanation:

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 zscore 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 pvalue, we get the probability that the value of the measure is greater than X.

When the head of the household has a college degree, the mean before-tax family income is $ 85,050.

This means that [tex]\mu = 85,050[/tex]

Suppose that 56% of the before-tax family incomes when the head of the household has a college degree are between $75,000 and $95,100 and that these incomes are normally distributed.

They are equally as far from the mean, one above, and one below. This means that when [tex]X = 95100[/tex], Z has a pvalue of 0.5 + (0.56/2) = 0.78. So when X = 95100, Z = 0.77. We use this to find [tex]\sigma[/tex].

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

[tex]0.77 = \frac{95100 - 85050}{\sigma}[/tex]

[tex]0.77\sigma = 10050[/tex]

[tex]\sigma = \frac{10050}{0.77}[/tex]

[tex]\sigma = 13052[/tex]

The standard deviation is $13,052.


Related Questions

Someone help me on this please

Answers

Answer:

b

Step-by-step explanation:

What is the product?
(**(3x2-2) (4x2 +5x)
.
O 12x + 15x8 - 8x8 - 10x5
O
12x24 + 15x12 - 8x8 - 10x4
O 12x9-10x5
O 12x24 - 10x4

Answers

The product of the expression (3x² - 2) (4x² + 5x) is 12x⁴ + 15x³ - 8x² - 10x.

What is Multiplication?

Multiplication of two numbers is defined as the addition of one of the number repeatedly until the times of the other number.

a × b means that a is added to itself b times or b is added to itself a times.

Given expression is (3x² - 2) (4x² + 5x).

This can be written as,

(3x² - 2) (4x² + 5x) = 3x² (4x² + 5x) - 2 (4x² + 5x)

We have to use distributive property here.

a(b + c) = ab + ac for any three numbers or expressions, a, b and c.

(3x² - 2) (4x² + 5x) = 3x² (4x² + 5x) - 2 (4x² + 5x)

                              = (12x⁴ + 15x³) - (8x² + 10x)

                              = 12x⁴ + 15x³ - 8x² - 10x

Hence the product is 12x⁴ + 15x³ - 8x² - 10x.

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HELP ASAP WILL BRAINLYIST
Which angles are alternate interior angles?
Angle3 and angle5
Angle1 and angle7
Angle3 and angle7
Angle 4 and angle5

Answers

Answer:

Angle 3 and Angle 5 are the alternate interior angles.

There are two sets of alternate interior angles.

Angle 4 and 6

and Angle 3 and 5

Given : ABCD is a rectangle
m∠B1DB = 60°, m∠ADB = 45°
DB1=37
Find: Volume

Answers

Answer:

Step-by-step explanation:

∠B₁DB = 60°

△B₁BD is a 30°-60°-90° triangle. The sides are in the ratio 1:√3:2

B₁D = 37 ⇒ BD = 37/2 = 18.5

BB₁ = 18.5√3

△ABD is isosceles

AB = AD = BD/√2 = 18.5/√2

volume = AB × AD × BB₁

= (18.5/√2) × (18.5/√2) × 18.5√3

= 18.5³√3/2

≅ 5483 cubic units

WILL MARK B!
Please I need help I have a quiz

Answers

Answer:

a) 2x² - x + 3 = x(2x + 1) - 2x

<=> 2x² - x + 3 = 2x² + x - 2x

<=> 3 - x = - x

<=> 3 = 0

=> no solution

b) x/2 - x/3 - x/4 = 1/12

[tex] \frac{6x}{12} - \frac{4x}{12} - \frac{3x}{12} = \frac{1}{12} \\ \\ \frac{ - x}{12} = \frac{1}{12} \\ \\ = > - x = 1 \\ \\ \\ < = > x = 1[/tex]

=> the euqation has the solution x = 1

c) |x - 5| = 2|x|

=> x - 5 = 2x

or x - 5 = -2x

<=> x = -5

or 3x = 5

<=> x = -5

x = -5or x = 5/3

d) defined conditions: 2 - x 》 0

<=> x 《 2

we have:

[tex] \sqrt{x + 4} = 2 - x \\ < = > x + 4 = (2 - x) {}^{2} \\ < = > x + 4 = {x}^{2} - 4x + 4 \\ < = > {x}^{2} - 5x = 0 \\ < = > x(x - 5) = 0 \\ [/tex]

<=> x = 0 (because x 《 2)

e)

[tex] \sqrt{5} = \frac{1}{25 {}^{x} } \\ = > 5 = \frac{1}{25 {}^{2x} } \\ < = > 5.25 {}^{2x} = 1 \\ < = > 5.5 {}^{4x} = 1 \\ < = > 5 {}^{4x + 1} = 1 \\ = > 4x + 1 = 0[/tex]

<=> x = -1/4

Answer:

[tex]a) [x: - \infty < x < \infty ][/tex]

[tex]b)[x: - 1][/tex]

[tex]c) [x:- \frac{5}{3} ][/tex]

[tex]d) [x: 3, 0][/tex]

[tex]e) [x: - \frac{1}{4} ][/tex]

(7-9i)(4-2i)multiply and simplify ​

Answers

distribution method
28-14i-36i+18i^2
=28-50i+18i^2

Answer: -32-126i

Step-by-step explanation:

Answer please..........

Answers

Answer:

Rasheed has sent 66 massages , Hassan has sent 22 , Shima has sent 29

SOMEONE PLEASE HELP NO LATE RESPONSES JUST PLEASE ASAP

Answers

Answer:

93.5

Step-by-step explanation:

A car travels 120 miles every 4 hours. How far does the car travel in 3 hours?

Answers

Answer:

90 miles

Step-by-step explanation:

120/4 = 30

30 m/hour

3 hours = 30x3 = 90 miles


A builder buys 28.5 acres of land to develop a new community of homes and parks.
Part 1 :
The builder plans to use 0.75 of the land for a park. How many acres will he use for the park?

Part 2 out of 2
He buys a second property that has 0.74 times as many acres as the first property. How many acres of land
are in the second property? no links please.

Answers

Answer:

Part 1: 21.375 Acres

Part 2: 15.8175 Acres

Find the vertex of the parabola y=2x^2+10x+8​

Answers

Answer:

Step-by-step explanation:

Put the equation into vertex form.

y = 2x² + 10x + 8

= 2(x² + 5x) + 8

= 2(x² + 5x + 2.5²) - 2·2.5² + 8

= 2(x+2.5)² - 4.5

vertex (-2.5, -4.5)

HELP ME PLEASE I HAVEE 5 MINNS lEft HELP

Answers

Answer:

im going to guess the last answer. theone that i can't see

Step-by-step explanation:

The perimeter of the base of a right square pyramid is 24 cm. The height of the pyramid is 6 cm.

What is the volume of the pyramid?


72 cm³

48 cm³

32 cm³

60 cm³

Answers

Answer:

72 cm³

Step-by-step explanation:

i just took the test :)

The volume of the given right square pyramid is 72 cm³. The correct answer would be an option (A).

What is the volume of a right square pyramid?

The formula for the volume of a right square pyramid is:

V = (1/3) B × h

where B is the area of the base and h is the height of the pyramid.

Since the perimeter of the base is 24 cm, and there are four equal sides, each side must be 24/4 = 6 cm.

The area of the square base is:

B = s² = 6² = 36 cm²

The volume of a right square pyramid is:

V = (1/3) B × h

Substituting in the given values, we get:

V = (1/3) × 36 × 6

V = 72 cm³

Therefore, the volume of the pyramid is 72 cm³.

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A company makes wax candles shaped like rectangular prisms. Each candle is 5 cm long, 3cm wide, and 10cm tall. If the company used 3900 cm3 of wax, how many candles did they make?

Answers

Answer:

26 candles

Step-by-step explanation:

Patrick randomly selects a marble from a bag , records the color and then returns the marble to the bag . After 40 trials , he has recorded 14 red marbles 12 blue marbles yellow marbles and 4 green marbles Which of the following experimental probabilities is correct based on his record ?

Answers

Answer: A

Step-by-step explanation:

who hates else edge and if you have cod mobile what's your name we could play​

Answers

Answer:

i

Step-by-step explanation:

my name is Aisha let's play

i got used for points like 4- times already 5 time is a charm someone would help ?

Answers

Answer:

B

Step-by-step explanation:

Because i said it is

Answer:

The answer for A is (3,5) so plot that into the graph. Those are the coordinates for F

The answer for B is "F  and C are 5 units away from the x-axis

The answer for C is "The distance between F and C is 10 units"

Step-by-step explanation:

-4x - 18 = 46


need help​

Answers

Answer:

x=−16

Step-by-step explanation:

−4x−18=46

Add 18 to both sides

−4x−18+18=46+18

−4x=64

Divide both sides by -4

-4x/4=64/-4

x=−16

Answer:

x=    -16

Step-by-step explanation:

Let's solve your equation step-by-step.

−4x − 18 = 46

Step 1: Add 18 to both sides.

−4x − 18 + 18 = 46 + 18

−4x = 64

Step 2: Divide both sides by -4.

−4x / −4  =  64  / -4

x=−16

Hope it helps T-T

Pls someone help me with this question pls

Answers

Answer:

[tex]p =\frac{1}{6}[/tex]

Step-by-step explanation:

Given

[tex]Polygons =\{Quadrilateral, Pentagon, Hexagon, Octagon, Nonagon, Decagon\}[/tex]

Required

Probability of assigning a nonagon

From the given set of polygons, there are 6 polygons in the set and 1 one of them is a nonagon

This means that:

[tex]n = 6[/tex] --- Total

[tex]Nonagons = 1[/tex]

So, the probability, p is:

[tex]p =\frac{Nonagons}{n}[/tex]

[tex]p =\frac{1}{6}[/tex]

this is on ttm or imagine math

Answers

Answer:

I think the answer is A as well

Step-by-step explanation:

Answer:

a a a a a a a a  a a a a  a

Step-by-step explanation:

2/7 of students in a school are in 8th grade.

How many students are in the school if 40 of them are 8th graders?

Answers

Answer:

140

Step-by-step explanation:

First we would find the unit rate of students per seventh. So we would do 40 divided by 2 which gives us 20. So per 1/7 we have 20 students. Which we can then say 7 x 20 = 140. So in total there are 140 students

Hope this helped

A music therapist was interested in investigating whether listening to music or composing music had an influence on both anxiety levels and oxygen saturation in children who were hospitalized for asthma-related illnesses. Thirty-two children spent 20 minutes listening to classical waltzes played on a piano. On a different day, they spent 20 minutes composing their own short pieces of music using a software program.
When listening to music: For the physiological measure, the critical value for t was larger than the test statistic for the observed data. For the anxiety measure, the critical value for t was smaller than the test statistic for the observed data.
When composing music: For the physiological measure, the critical value for t was larger than the test statistic for the observed data. For the anxiety measure, the critical value for t was larger than the test statistic for the observed data.
When writing the results of the music therapist's study, which of these statements reflects the correct conclusions that should be drawn from the results and then included as part of the interpretation paragraph?Question 8 options:
a) Music therapists should make pediatric asthma patients compose music in order to increase their oxygen saturation.
b) Music therapists should make pediatric asthma patients listen to music in order to reduce their anxiety.
c) Pediatric asthma patients should listen to music in order to increase their oxygen saturation.
d) Additional information is needed to draw a proper conclusion.

Answers

Answer:

The correct conclusion is;

d) Additional information is needed to draw a proper conclussion

Step-by-step explanation:

The given parameters are;

When listening to music;

Physiological measure Critical t > Test statistic Accept H₀

Anxiety measure Critical t < Test statistic Reject H₀

When composing music;

Physiological measure Critical t > Test statistic Accept H₀

Anxiety measure Critical t > Test statistic Accept H₀

When the test statistic is larger the critical 't'

Therefore, the test suggest that there is no difference between physiological and anxiety influence of composing music on pediatric asthma patients

There is sufficient statistical evidence to suggest that listening to music has an influence on the anxiety of pediatric asthma patients however, the nature of the influence is not specified and more information is needed to draw a proper conclusion

what is the mean of the ages of the dance instructors?

IM GIVING BRAINLIEST‼️

Answers

Answer:

the answer to this is 25

Answer: 25

To find mean you first need to add up all the ages, which gives you 125. Then you divide that number by how many people. In this case it's 5, so divide 125 by 5 which gives you 25. And that's your answer.

Hope this helped you!

Lamar buys 0.8 gallon of gas to use in the lawnmower the price of the gas is 2.95$ per gallon how much does Lamar play for the gas

Answers

Answer:$2.36

Step-by-step explanation:

2.95 x .8 = 2.36

PLEASE HELP!!

Find the lateral area of this cone. Leave your answer in terms of pi.

25 cm

8 cm

Answers

Answer:

200

Step-by-step explanation:

pi · radius · height

3.14 · 8 · 25 = 200

extra : i used symbolab.com :)

75% of n is 45. n is what percent of 90?​

Answers

Answer:

66.67%

Step-by-step explanation:

75 /100 = .75

.75n = 45

45/.75 = 60

60 is n

60/90 = .666667

.666667 * 100 = 66.67%

Answer: for this problem, I will be using proportions.

Step-by-step explanation:

Find n

45 x 100 = 4,5000

4,5000 / 75 = 60

n = 60

60 x 100 = 6,000

6,000 / 90 = 66.66%

So, n is equal to 60 and n is 66.66% of 90.

ill mark brainlist plss help

Answers

It’s B! You multiply the height by width

2. APPLES: Mr. Kelly's homeroom went picking. The line plot show's the number of pounds of apples that were collected.

a. Describe the shape of the distribution. Identify any clusters, gaps, peaks, or outliers.

b. Describe the center and spread of the distribution. Justify your response based on the shape of the distribution. ​

(NOT A MULTIPLE CHOICE)

Answers

Answer:

a) shape of distribution: symmetric/unimodal, clusters: none, gaps: none, peaks: 20, outliers: none.

b) The center and spread of distribution is based solely on the median of the data because it is based on a data point that is actually included in the population or sample. The median in this data is 20 because it is between the first and third quartile.

The height (in inches) of males in the United States is believed to be Normally distributed. The average height of a random sample of 50 American adult males is 69.72 inches and the standard deviation of the 50 heights is s = 4.23. The best pint estimate for the average height if males in the United States is_____inches. Give answer to the hundredths place.

Answers

Answer:

69.72 inches.

Step-by-step explanation:

The best point estimate for the average height if males in the United States is...

For large samples, as we have here, the best point estimate is the sample mean. In this question, the sample mean is of 69.72 inches, so the answer is 69.72 inches.

w^2 + 2 + 48 divided by 2z. If w = 5 and z = 8 *

Answers

Replace w and z with the given values:

5^2 + 2 + 48 / 2(8)

Simplify:

75/16 = 4 and 11/16

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