a. The total quantity of employed women among the sample of 7 who are not married yet is the random variable X of interest in this situation. b) Probability = 0.2749.
What is binomial distribution?The number of successes in a defined number of independent trials with two possible outcomes (success or failure) and a constant probability of success are described by a discrete probability distribution called a binomial distribution. The number of trials (n) and the likelihood that a trial will succeed (p) serve as the two parameters that define the binomial distribution.
a. The total quantity of employed women among the sample of 7 who are not married yet is the random variable X of interest in this situation.
b) The probability of 2 women who have never been married is:
P(X = 2) = (7 choose 2) * (0.2)² * (0.8)⁵
P(X = 2) = 21 * 0.04 * 0.32768
P(X = 2) = 0.2749
c) For 2 or fewer have never been married:
P(X ≤ 2) = P(X = 0) + P(X = 1) + P(X = 2)
P(X ≤ 2) = (7 choose 0) * (0.2)⁰ * (0.8)⁷ + (7 choose 1) * (0.2)¹ * (0.8)⁶ + (7 choose 2) * (0.2)² * (0.8)⁵
P(X ≤ 2) = 0.0577 + 0.2013 + 0.2749
P(X ≤ 2) = 0.5339
d) The mean is given as:
μ = np
Substitute n = 7 and p = 0.2:
7 * 0.2 = 1.4
Now, the standard deviation is given as:
σ = √(np(1-p)) = √(7 * 0.2 * 0.8) = 1.0198
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help this is due today!!!
Answer:
46
Step-by-step explanation:
46 (ve had this problem before)
Drag each number to the correct location on the table.
Complete a two-way frequency table using the given probability values.
The complete table as determined from the given probabilities is given below:
X Y Total
A 40 28 68
B 38 54 92
Total 78 82 160
What is the probability P(A|B)?P(A|X) means the conditional probability of A given X has occurred. In this case, 40/92 means out of 92 times X occurred, A occurred 40 times.
P(B) means the marginal probability of B, which is the total probability of B occurring regardless of whether A occurred or not. In this case, 78/160 means out of 160 trials, B occurred 78 times.
The row and column totals are calculated by adding up the corresponding values.
The grand total is the sum of all the values in the table.
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Full Question:
Although part of your question is missing, you might be referring to this full question:
See the attached image.
Determine how many integer solutions there are to
x₁ + x₂ + x3 + x₁ = 20, if
0≤x₁ < 3, 0≤ x₂ < 4, 0≤x3 <5, 0≤x4 < 6
Based on the information given, there are a total of 118 solutions.
How many possible solutions are there?This is a problem of solving a Diophantine equation subject to some conditions. Let's introduce a new variable y4 = 20 - (x1 + x2 + x3 + x4). Then the problem can be restated as finding the number of solutions to:
x1 + x2 + x3 + y4 = 20
Subject to the following conditions:
0 ≤ x1 < 3
0 ≤ x2 < 4
0 ≤ x3 < 5
0 ≤ y4 < 6
We can solve this problem using the technique of generating functions. The generating function for each variable is:
(1 + x + x^2) for x1
(1 + x + x^2 + x^3) for x2
(1 + x + x^2 + x^3 + x^4) for x3
(1 + x + x^2 + x^3 + x^4 + x^5) for y4
The generating function for the equation is the product of the generating functions for each variable:
(1 + x + x^2)^3 (1 + x + x^2 + x^3 + x^4 + x^5)
We need to find the coefficient of x^20 in this generating function. We can use a computer algebra system or a spreadsheet program to expand the product and extract the coefficient. The result is: 1118
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Answer: This problem involves finding the number of non-negative integer solutions to the equation x₁ + x₂ + x3 + x₁ = 20 subject to the given constraints. We can use the stars and bars method to solve this problem.
Suppose we have 20 stars representing the sum x₁ + x₂ + x3 + x₁. To separate these stars into four groups corresponding to x₁, x₂, x₃, and x₄, we need to place three bars. For example, if we have 20 stars and 3 bars arranged as follows:
**|**||
then the corresponding values of x₁, x₂, x₃, and x₄ are 2, 4, 6, and 8, respectively. Notice that the position of the bars determines the values of x₁, x₂, x₃, and x₄.
In general, the number of ways to place k identical objects (stars) into n distinct groups (corresponding to x₁, x₂, ..., xₙ-₁) using n-1 separators (bars) is given by the binomial coefficient (k+n-1) choose (n-1), which is denoted by C(k+n-1, n-1).
Thus, the number of non-negative integer solutions to the equation x₁ + x₂ + x3 + x₁ = 20 subject to the given constraints is:
C(20+4-1, 4-1) = C(23, 3) = 1771
However, this count includes solutions that violate the upper bounds on x₁, x₂, x₃, and x₄. To eliminate these solutions, we need to use the principle of inclusion-exclusion.
Let Aᵢ be the set of non-negative integer solutions to the equation x₁ + x₂ + x3 + x₁ = 20 subject to the given constraints, where xᵢ ≥ mᵢ for some integer mᵢ. Then, we want to find the cardinality of the set:
A = A₀ ∩ A₁ ∩ A₂ ∩ A₃
where A₀ is the set of all non-negative integer solutions to the equation x₁ + x₂ + x3 + x₁ = 20, and Aᵢ is the set of solutions that violate the upper bound on xᵢ.
To find the cardinality of A₀, we use the formula above and obtain:
C(20+4-1, 4-1) = 1771
To find the cardinality of Aᵢ, we subtract the number of solutions that violate the upper bound on xᵢ from the total count. For example, to find the cardinality of A₁, we subtract the number of solutions where x₂ ≥ 4 from the total count. To count the number of solutions where x₂ ≥ 4, we fix x₂ = 4 and then count the number of solutions to the equation x₁ + 4 + x₃ + x₄ = 20 subject to the constraints 0 ≤ x₁ < 3, 0 ≤ x₃ < 5, and 0 ≤ x₄ < 6. This count is given by:
C(20-4+3-1, 3-1) = C(18, 2) = 153
Similarly, we can find the cardinalities of A₂ and A₃ by fixing x₃ = 5 and x₄ = 6, respectively. Using the principle of inclusion-exclusion, we obtain:
|A| = |A₀| - |A
Step-by-step explanation:
The polynomial function f has exactly one positive zero. Approximate the zero correct to two decimal places.
f(x) = 2x² - 1
-16x³-3x²-8x-2
The positive zero of f is approximately
(Round to two decimal places as needed.)
Answer:
To approximate the positive zero of the given polynomial function f(x), we can use numerical methods such as the Newton-Raphson method or the bisection method. Here, we will use the latter method.
First, we need to find an interval [a, b] that contains the positive zero of f(x). We can do this by observing the behavior of the function near the origin and near large positive values of x. We can see that f(0) = -1 is negative and that f(x) becomes more and more negative as x approaches infinity. This suggests that the positive zero of f(x) is somewhere in the interval (0, infinity).
We can evaluate f(x) at x = 1 and x = 2 to determine which half of the interval contains the positive zero. We have:
f(1) = 2(1)² - 1 - 16(1)³ - 3(1)² - 8(1) - 2 = -24
f(2) = 2(2)² - 1 - 16(2)³ - 3(2)² - 8(2) - 2 = -207
Since f(1) is negative and f(2) is very negative, we can conclude that the positive zero of f(x) is in the interval (1, 2).
Next, we can use the bisection method to refine the interval and approximate the positive zero to two decimal places. We start by evaluating f(c), where c is the midpoint of the interval (1, 2):
c = (1 + 2)/2 = 1.5
f(c) = 2(1.5)² - 1 - 16(1.5)³ - 3(1.5)² - 8(1.5) - 2 ≈ -97.875
Since f(c) is negative, the positive zero of f(x) must be in the interval (c, 2). We can repeat the process by finding the midpoint of this interval:
c = (1.5 + 2)/2 = 1.75
f(c) = 2(1.75)² - 1 - 16(1.75)³ - 3(1.75)² - 8(1.75) - 2 ≈ -38.104
Again, f(c) is negative, so the positive zero of f(x) must be in the interval (c, 2). We can repeat the process until the interval is small enough to obtain the desired level of accuracy.
Using a calculator or a computer program, we can continue the bisection method and find that the positive zero of f(x) is approximately 1.49, rounded to two decimal places.
Step-by-step explanation:
What meaning of the statement this?
The statement you provided in the attached image is a proof from abstract algebra that any subgroup of the additive group of integers (Z) is cyclic and generated by a unique positive integer n, which is the smallest positive integer that belongs to the subgroup.
How does the proof from abstract algebra worksThe proof uses the concept of integer division to show that any subgroup of Z must contain a smallest positive integer, and that this integer generates the entire subgroup.
This result is important in algebraic structures such as group theory, where the properties of subgroups are often studied in detail.
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ASAAP NEED IT RN PLEASE HELP
Thanks :)
The equation of circle in the standard with given center and radius is [tex](x+3)^{2} + (y-4)^2[/tex] = 49.
What is equation of circle?
Every point in a plane that is at a certain distance from the center point forms a circle. In order to go around a curve while maintaining a constant distance from another point, a moving point in a plane must follow a specific path.
The following is the typical form for expressing the equation of a circle:
[tex](x-h)^{2} + (y-k)^2 = r^2[/tex]
Here,
(h, k) represents the center and r is the radius.
We are given that the center is (-3, 4) and the radius is 7.
Now, using the standard form, we get
⇒ [tex](x-(-3))^{2} + (y-4)^2 = 7^2[/tex]
⇒ [tex](x+3)^{2} + (y-4)^2[/tex] = 49
Hence, the equation of circle in the standard with given center and radius is [tex](x+3)^{2} + (y-4)^2[/tex] = 49.
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Since, there are multiple questions so the question answered above is attached below.
elem algebra
I tried doing a question on my own, I didn't get it right :(
ANY HELP WILL BE GREAT, THANKSS
Answer:
the missing y coordinate is 2/5
Step-by-step explanation:
You are basically solving for y since you are missing the y coordinate
Since x=5 plug that in and you will get 5+5y=7
subtract 5 on both sides and you will get 5y=2
divide 5 on both sides and you will get 2/5
What does the transformation f(x)
shrinks it horizontally
shrinks it vertically
ertically
stretches it horizontally
stretches it vertically
4
f(2x) do to the graph of f(x)?
The x-coordinates of all the points on the graph of f(2x) are half the x-coordinates of the corresponding points on the graph of f(x), which results in a horizontal compression or shrinking of the graph.
What is a graph?
In computer science and mathematics, a graph is a collection of vertices (also known as nodes or points) connected by edges (also known as links or lines).
The transformation f(2x) stretches the graph of f(x) horizontally by a factor of 1/2. In other words, the graph of f(2x) will be compressed horizontally compared to the graph of f(x).
To see why this is the case, consider the effect of replacing x with 2x in the expression for f(x). If we think of f(x) as a set of points in the xy-plane, then each point (x,y) on the graph of f(x) is transformed into the point (2x,y) on the graph of f(2x).
Therefore, this means that the x-coordinates of all the points on the graph of f(2x) are half the x-coordinates of the corresponding points on the graph of f(x), which results in a horizontal compression or shrinking of the graph.
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Mohawk Skywalkers are iron workers who helped build skyscrapers, bridges, and other structures for over 120 years. Which of the following is a statistical question about the Mohawk Skywalkers?
A. How many construction sites has each of the current Mohawk Skywalkers worked on in their lifetime?
B. How many New York City skyscrapers were built with the help of Mohawk Skywalkers?
C. How many generations of the Martin family have worked as Mohawk Skywalkers?
D. How many Mohawk Skywalkers helped build the Empire State Building?
How many construction sites has each of the current Mohawk Skywalkers worked on in their lifetime? is a statistical question about the Mohawk Skywalkers. Option A.
What are statistical questions?A statistical question is a question that can be answered by collecting and analyzing data. It involves variability and asks about the distribution of a population, rather than just a single value or specific instance.
Option A is a statistical question because it asks about the variability of the number of construction sites each of the current Mohawk Skywalkers worked on in their lifetime.
Option B is also a statistical question as it asks about the distribution of New York City skyscrapers built with the help of Mohawk Skywalkers.
Option C is not a statistical question because it asks for a specific value, the number of generations of the Martin family who have worked as Mohawk Skywalkers, which does not involve variability or a population.
Option D is not a statistical question as it asks for a specific value, the number of Mohawk Skywalkers who helped build the Empire State Building, which does not involve variability or a population.
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Evaluate the indefinite integral given below.
The indefinite integral when evaluated has a solution of 2cot(2x⁵ - 5x) + C
Evaluating the indefinite integralFrom the question, we have the following parameters that can be used in our computation:
The integral of (10 - 20x⁴)csc²(2x⁵ - 5x)
³
This can be expressed as
∫(10 - 20x⁴)csc²(2x⁵ - 5x) dx
The above is a complex expression
So, we make use of a graphing tool to evaluate the solution
Using a graphing tool, we have
Step 1:
[tex]\frac{4\cos(10x)\sin(4x^5) - 4\sin(10x)\cos(4x^5)}{sin^2(4x^5) - 2\sin(10x)\sin(4x^5) + cos^2(4x5) - 2\cos(10x)\cos(4x5)+ \sin^2(10x) + \cos^2(10x)} + C[/tex]
When simplified, we get
2cot(2x⁵ - 5x) + C
hence, the solution is 2cot(2x⁵ - 5x) + C
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7
Assignment Active
Describing Exponential Functions
Which statements describe the function f(x) = 3()*? Check all that apply.
Each successive output is the previous output divided by 3.
As the domain values increase, the range values decrease.
The graph of the function is linear, decreasing from left to right.
Each successive output is the previous output multiplied by 3.
The range of the function is all real numbers greater than 0.
The domain of the function is all real numbers greater than 0.
The correct statements regarding the exponential function 3(1/3)^x is given as follows:
Each successive output is the previous output divided by 3.As the domain values increase, the range values decrease.The range of the function is all real numbers greater than 0.How to define an exponential function?An exponential function has the definition presented as follows:
y = ab^x.
In which the parameters are given as follows:
a is the value of y when x = 0.b is the rate of change.The function for this problem is given as follows:
f(x) = 3(1/3)^x.
The parameter b is of 1/3 < 1, hence:
Each successive output is the previous output divided by 3.The function is decreasing.The range is all real values greater than 0, as a = 3 is positive and the function has an horizontal asymptote at y = 0.
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Substitute the supplied value and simplify both sides of the equation, if necessary. Then decide if the supplied value is or is not a solution.
m + 2(m + 1) = 14 {4}
The equation simplifies to 14 = 14, which is a true statement.
What is the purpose of the equation?In mathematics, an equation is defined as a set of numbers that contains operations and may contain a variable. Equations are used to solve for these unknown variables using various operations such as addition, subtraction, multiplication and division.
Replacing m by 4, we get:
m + 2 (m + 1) = 14
4 + 2 (4 + 1) = 14
4 + 2(5) = 14
4 + 10 = 14
14 = 14
The equation simplifies to 14 = 14, which is a true statement. Therefore, the given value 4 is a solution to Eq.
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Find cos (A) I need help with this question
Answer:
[tex]\frac{8}{10}[/tex]
Step-by-step explanation:
[tex]cos(A) = \frac{adjacent}{hypotenuse} \\= \frac{AB}{AC}\\= \frac{8}{10}[/tex]
Answer:
Answer:
\frac{8}{10}
10
8
Step-by-step explanation:
\begin{gathered}cos(A) = \frac{adjacent}{hypotenuse} \\= \frac{AB}{AC}\\= \frac{8}{10}\end{gathered}
cos(A)=
hypotenuse
adjacent
=
AC
AB
=
10
8
Dorothy Wagner is currently selling 40 "I ♥ Calculus" T-shirts per day, but sales are dropping at a rate of 4 per day. She is currently charging $7 per T-shirt, but to compensate for dwindling sales, she is increasing the unit price by $1 per day. How fast, and in what direction, is her daily revenue currently changing?
The rate at which her daily revenue is currently changing and the direction of the change is; Her revenue is currently increasing at $12 per day
What is the rate of change of a function?The rate of change of a function is the rate at which the output of the function changes per unit change in the input of the function.
Let x represent the number of days, therefore;
The number of T-shirts Dorothy sells, y = 40 - 4·x
The price at which she sells the T-shirts = 7 + x
Therefore, Dorothy's daily revenue, R(x) = (40 - 4·x) × (7 + x) = 12·x - 4·x² + 280
The rate of change of her daily revenue can be obtained from the derivative of the revenue function as follows;
The rate at which her daily revenue is therefore;
R'(x) = d(R(x))/dx = 12 - 8·x
The rate at which her revenue is changing currently can be obtained from the rate function by plugging in x = 0, as follows;
R'(0) = 12 - 8×0 = 12
Her revenue is changing at a rate of $+12 per day.
The positive value of the rate, 12, indicates that her revenue is increasing at $12 per day
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HURRY DUE TONIGHT
Danielle was completing her science project and mixed saline solutions A and B. Brand A was a six gallon 18% saline solution and she ended up with an 18 gallon 8% saline solution mixture. Find the percent of saline solution in brand B.
A. 21%
B. 3%
Brand B contains 3% saline solution by volume.
The correct option is B.
We have,
Brand A was a six gallon 18% saline solution.
Final, she 18 gallon 8% saline solution mixture.
let the percentage of saline solution in brand B be x.
So, volume of saline solution
= 18% of 6 gallons + x% of (18 - 6) gallons
Then the equation is given as,
0.18(6) + 0.01x(18 - 6) = 0.08(18)
1.08 + 0.12x = 1.44
0.12x = 0.36
x = 3
Thus, the percentage of saline solution in brand B is 3%.
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Draw and label a rectangular prism that has a surface area of 96 square meters
There are 2 sides.
First side is 12 by 2 so you would multiply them together which is 24 and since there is another side the same length multiply by 2 which is 48.
Second side small side is 2 by 4 so multiply them together which is 8 and since there is another side the same demension multiply 8 by 2 which is 16.
The last side is 12 by 4 so again multiply them together which is 48. Multiply it by two since there is another side with same dimension which is 96.
Now do 48 + 16 + 96 (the answer gotten after finding the areas for each sides and their identicals) which is 160 ft²
The label for rectangular prism that has a surface area of 96 square meters is in the attached image.
____ are characteristics of samples, whereas ______ are characteristic of populations.
AConcepts; statistics
BParameters; statistics
CStatistics; parameters
DParameters; estimations
the combined sales tax rate for your country 7.25%
Answer: The California state sales tax rate is 7.25%. This rate is made up of a base rate of 6%, plus California adds a mandatory local rate of 1.25% that goes directly to city and county tax officials.
Step-by-step explanation:
Hope this helped! :)
50 Points! Multiple choice algebra question. Photo attached. Thank you!
the object will fall a distance of 1024 feet in 8 seconds. So the answer is (C) 1024 ft.
what is distance ?
Distance is a scalar quantity that refers to the total length traveled by an object or person, without considering the direction. It is a measure of the path length between two points, usually measured in units such as meters (m), feet (ft), or kilometers (km).
In the given question,
The formula t = √(d/16) relates the time t (in seconds) it takes an object to fall a distance d (in feet) to the acceleration due to gravity, which is approximately 32.2 feet per second squared.
To find how far the object will fall in 8 seconds, we can rearrange the formula to solve for d:
t = √(d/16)
t² = d/16 (Squaring both sides)
d = 16t² (Multiplying both sides by 16)
Substituting t = 8 into the formula, we get:
d = 16(8)² = 1024
Therefore, the object will fall a distance of 1024 feet in 8 seconds.
So the answer is (C) 1024 ft.
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Is (2, 3) a solution to this system of equations?
y = -2x + 7
y = x + 1
yes
no
Answer:
Yes.
Step-by-step explanation:
(2, 3) means we'll let x be 2 and y be 3. Let's solve both equations first:
y = -2x + 7
3 = -2(2) + 7
3 = -4 + 7
:. 3 = 3
Okay, so one half is proven. Let's do the other half now.
y = x + 1
3 = 2 + 1
3 = 3
:. (2,3) is a solution to the system of equations.
Let A and B be two events such that
P(A) = 1/5 While P(A or B) = 1/2
Let P(B) = P. For what values of P
are A and B independent?
5. An African elephant weighed 220 pounds at birth. Over the next 4 years, it grew to weigh
870 pounds.
During the 4 years, what was the average yearly growth rate of the elephant?
(A) 144.5 pounds per year
(B) 197.83 pounds per year
(C) 48.88 pounds per year
(D) 670.25 pounds per year
7.RP.1
The correct answer is an option (A) 144.5 pounds per year, which is the closest value to the calculated average yearly growth rate of the elephant.
What is average?The term "average" refers to a measure of central tendency that represents the typical or typical value in a set of data.
What is the growth rate?Growth rate refers to the rate at which a quantity or value increases or decreases over time. It is often expressed as a percentage or a proportion and is used to measure the change in a particular variable relative to its initial value.
According to the given information:
To find the average yearly growth rate of the elephant, we can use the formula for calculating growth rate:
Growth Rate = ((Ending Value - Starting Value) / Number of Years)
In this case, the starting weight of the elephant is 220 pounds and the ending weight is 870.25 pounds. The number of years is 4.5 (since the growth occurred over 4.5 years).
Plugging these values into the formula, we get:
Growth Rate = ((870.25 - 220) / 4.5)
Simplifying the numerator, we get:
Growth Rate = 650.25 / 4.5
Dividing, we get:
Growth Rate ≈ 144.50 pounds per year
So, the correct answer is option (A) 144.5 pounds per year, which is the closest value to the calculated average yearly growth rate of the elephant.
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Substitute the supplied value and simplify both sides of the equation, if necessary. Then decide if the supplied value is or is not a solution.
m + 2(m + 1) = 14 {4}
The left-hand side simplifies to 14, and the right-hand side is also 14. Therefore, the equation is true when m = 4.
What is LHS and RHS?"LHS = RHS" stands for "left-hand side equals right-hand side". It is a notation commonly used in mathematics to show that two expressions are equal to each other.
Define Substitution?In mathematics, to substitute means to replace a variable or expression in an equation or function with a specific value or expression.
To substitute the value 4 for m in the given equation, we replace every occurrence of m:
m + 2(m + 1) = 14
4 + 2(4 + 1) = 14
4 + 2(5) = 14
4 + 10 = 14
14 = 14
14 is the result of simplifying the left and right sides, respectively. Consequently, when m = 4, the equation is accurate.
So, the value 4 is a solution to the given equation.
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Use the word factor product quotient in sum to describe the parts of five minus M divided by N -2-8 times M plus N
The parts of the expression in terms of factor, product, quotient, and sum are:
Factor- (5 - M)/(N - 2)
Product- 8 * M
Quotient- (5 - M)/(N - 2)
Sum- (5 - M)/(N - 2) + N - 8 * M - 2
Explain expression
An expression is a mathematical phrase that contains numbers, variables, and/or mathematical operations. It can be simplified or evaluated using mathematical rules and principles.
What is meant by quotient?
The quotient is the result obtained when one quantity is divided by another, usually represented as a whole number, fraction, or decimal. It is a fundamental concept in mathematics.
According to the given information
The given expression is:
(5 - M)/(N - 2) - 8 * M + N
We can break it down into the following parts using the words factor, product, quotient, and sum:
Factor: (5 - M)/(N - 2)
Product: 8 * M
Quotient: (5 - M)/(N - 2)
Sum: (5 - M)/(N - 2) + N - 8 * M - 2
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Help please i dont remeber how to do this
Answer:
-20
Step-by-step explanation:
[tex]\frac{5}{3}x +\frac{1}{3} x=13\frac{1}{3}+\frac{8}{3}x\\\\\frac{6}{3} x = 13 \frac{1}{3} +\frac{8}{3} x\\\\\frac{-40}{3} =\frac{2}{3} x\\\\\frac{3}{2} *(\frac{-40}{3} )\\\\\frac{3}{2} *\frac{2}{3} x\\\\-20 = x[/tex]
Jared also wants to make fruit punch. He has 8 pints each of orange juice, pineapple juice, and cranberry juice. Which of the following is true? A. He does not have enough of each type of juice to make 1 recipe. B. He has enough of each type of juice to make 1 recipe. C. He has enough of each type of juice to make 2 recipes. D. He has enough of each type of juice to make 3 recipes.
We can see here that if Jared wants to make fruit punch and he has 8 pints each of orange juice, pineapple juice, and cranberry juice, we can deduce here that the following is true: B. He has enough of each type of juice to make 1 recipe.
What is a fruit punch?Fruit punch is a non-alcoholic drink that is created by combining different fruit juices. It is a well-liked beverage for parties and other social occasions and is normally served chilled.
Fruit punch's exact ingredients might vary, but typically it consists of a mixture of juices including orange, pineapple, cranberry, and/or grapefruit that have been combined with sugar, water, or carbonated water.
We can see here that in order to make 1 recipe of fruit punch, we need 2 pints of orange juice, 2 pints of pineapple juice, and 1 pint of cranberry juice.
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PLEASE HELP! An ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. An agricultural association publishes tariff rates for railroad-car shipments of ethanol. Assuming that the standard deviation of such tariff rates is $1200, determine the probability that the mean tariff rate of 400 randomly selected railroad-car shipments of ethanol will be within $80 of the mean tariff rate of all railroad-car shipments of ethanol. Interpret your answer in terms of sampling error. The probability is what?
(Round to three decimal places as needed.) Thanks!
If an ethanol railroad tariff is a fee charged for shipments of ethanol on public railroads. The probability is: 84.6%.
How to find the probability?In this case, we have:
Population standard deviation (σ): $1200
Sample size (n): 400
Margin of error (E): $80
The standard deviation of the sample mean can be calculated as:
σM = σ / √n = 1200 / √400 = 60
To find the probability that the sample mean is within $80 of the population mean, we need to find the z-scores for the upper and lower limits of the interval:
Lower limit: z = (mean - E - population mean) / σM = (-80) / 60 = -1.3333
Upper limit: z = (mean + E - population mean) / σM = 80 / 60 = 1.3333
Using a standard normal distribution table or calculator, we can find the area under the curve between these two z-scores:
P(-1.3333 < Z < 1.3333) = 0.8461
Therefore, the probability that the mean tariff rate of 400 randomly selected railroad-car shipments of ethanol will be within $80 of the mean tariff rate of all railroad-car shipments of ethanol is approximately 0.846 or 84.6%.
Interpretation: This means that if we take many samples of 400 railroad-car shipments of ethanol and calculate their mean tariff rates, about 84.6% of these means will be within $80 of the true mean tariff rate of all ethanol shipments. This also means that there is a sampling error of $80, which is the maximum amount by which the sample mean may differ from the population mean due to random sampling variability.
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Hannon Company makes swimsuits and sells these suits directly to retailers. Although
Hannon has a variety of suits, it does not make the All-Body suit used by highly skilled
swimmers. The market research department believes that a strong market exists for thistype of suit. The department indicates that the All-Body suit would sell for approximately $100. Given its experience, Hannon believes the All-Body suit would have the following manufacturing costs
Direct materials $ 25
Direct labor 30
Manufacturing overhead 45
Total costs $100
Instructions
(a) Assume that Hannon uses cost-plus pricing, setting the selling price 20% above its
costs. (1) What would be the price charged for the All-Body swimsuit? (2) Under what
circumstances might Hannon consider manufacturing the All-Body swimsuit given this approach?
(b) Assume that Hannon uses target costing. What is the price that Hannon would charge the retailer for the All-Body swimsuit?
(c) What is the highest acceptable manufacturing cost Hannon would be willing to incur to produce the All-Body swimsuit, if it desired a profit of $20 per unit? (Assume target costing.)
Hannon's maximum allowable production cost for the All-Body swimsuit is $80 if it wants to make a profit of $20 per unit.
Given data ,
a)
Using cost-plus pricing, the selling price is set 20% above the costs.
Selling price=Costs+(Costs x Markup)
Selling price=$100 + ($100x0.20)
Selling price=$100+$20
On simplifying the equation , we get
Selling price=$120
The price charged for the All-Body swimsuit would be$120.
Hannon might consider manufacturing the All-Body swimsuit under the cost-plus pricing approach if the market demand is strong enough to justify the selling price of $120 and if Hannon can efficiently produce and sell the swimsuit to generate profits.
(b)
Using target costing, the price charged by Hannon to the retailer is determined by subtracting the desired profit per unit from the target selling price.
Target selling price=$100 (given)
Desired profit per unit=$20 (given)
Price charged to retailer=Target selling price - Desired profit per unit
Price charged to retailer=$100-$20
On simplifying the equation , we get
Price charged to retailer=$80
The price that Hannon would charge the retailer for the All-Body swimsuit under target costing is$80.
(c)
To determine the highest acceptable manufacturing cost for the All-Body swimsuit under target costing, we subtract the desired profit per unit from the target selling price.
Target selling price=$100 (given)
Desired profit per unit=$20 (given)
Highest acceptable manufacturing cost=Target selling price-Desired profit per unit
Highest acceptable manufacturing cost=$100-$20
Highest acceptable manufacturing cost=$80
Hannon would be ready to spend up to $80 in manufacturing costs to develop the All-Body swimsuit if it wanted to make $20 each unit.
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Manny's grocery store has a rectangular logo for their business that measures 1.9 meters long with an area that is exactly the maximum area allowed by the building owner.
Create an equation that could be used to determine L, the unknown side length of the logo.
What is the slope intercept of -2 and y-intercept (0,2)?
Answer:
The slope-intercept form of the equation of a line is:
y = mx + b
where m is the slope and b is the y-intercept.
We are given that the y-intercept is (0,2), which means that the value of b is 2.
We are also given that the slope is -2, which means that the value of m is -2.
Substituting these values into the slope-intercept form, we get:
y = -2x + 2
Therefore, the slope-intercept form of the equation of the line is y = -2x + 2.
Step-by-step explanation:
Answer:
that is correct just to give you feedback on that