The mean of the sample proportion is 0.84.
The question states that at a cell phone assembly plant, 84% of the cell phone keypads pass inspection. This means that the population proportion, denoted by p, is 0.84.
To find the mean of the sample proportion, we use the formula:
Mean of sample proportion = p.
Since the sample proportion is an estimate of the population proportion, the mean of the sample proportion is equal to the population proportion, which is 0.84 in this case.
Therefore, the mean of the sample proportion for the random sample of 106 keypads is 0.84.
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Riverboat Adventures pays $310,000 plus $15,000 in closing costs to purchase real estate. The real estate consists of land appraised at $35,000, a building appraised at $105,000, and land improvements appraised at $210,000. Compute the cost that should be allocated to the land.
To determine the cost allocated to the land, we need to calculate the proportionate cost of the land in relation to the total appraised value of the real estate. Therefore, the cost allocated to the land is $32,500.
The total cost paid for the real estate is $310,000 plus $15,000 in closing costs, totaling $325,000. To allocate the cost to the land, we need to calculate the proportion of the land's appraised value to the total appraised value of the real estate.
The total appraised value of the real estate is the sum of the appraised values of the land, building, and land improvements, which amounts to $35,000 + $105,000 + $210,000 = $350,000.
To calculate the cost allocated to the land, we divide the appraised value of the land by the total appraised value of the real estate and multiply it by the total cost paid:
Cost allocated to land = (Appraised value of land / Total appraised value) * Total cost
= ($35,000 / $350,000) * $325,000
= 0.1 * $325,000
= $32,500
Therefore, the cost allocated to the land is $32,500. This allocation is based on the relative appraised value of the land compared to the total appraised value of the real estate.
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We are performing a one-sample t-test about mean. The sample size is 16, the sample mean 5.7, the sample standard deviation is 1.3, and the testing mean is 6.1. What is the value of the test statistic
The value of the test statistic for the one-sample t-test, given a sample size of 16, sample mean of 5.7, sample standard deviation of 1.3, and a testing mean of 6.1, can be calculated using the formula for the t-test statistic.
To calculate the test statistic for a one-sample t-test, we use the formula:
t = (sample mean - testing mean) / (sample standard deviation / √sample size)
Plugging in the given values:
t = (5.7 - 6.1) / (1.3 / √16)
Simplifying the equation:
t = (-0.4) / (1.3 / 4)
t = (-0.4) / (0.325)
t = -1.23
Therefore, the value of the test statistic for the given scenario is -1.23. The test statistic represents the number of standard errors the sample mean is away from the testing mean, and it is used to assess the likelihood of obtaining the observed sample mean under the null hypothesis. In this case, a negative test statistic indicates that the sample mean is lower than the testing mean.
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Question 9 of 10
Suppose the tree diagram below represents all the students in a high school
and that one of these students were chosen at random. If the student is
known to be a girl, what is the probability that the student is right-handed?
Boys
200
Girls
300
-50
150
50
250
Left-
handed
Right-
handed
Left-
handed
Right-
handed
Answer: 5/6 or 0.8333
Step-by-step explanation:
Total girls: 300
Right-handed: 250
Left-handed: 50
Since it's not out of all students, just out of the girls, the probability is: 250/300=5/6
(You only have to answer the second one)
Answer:
35.6 minutes
Step-by-step explanation:
The average (aka mean) of a set of values is defined as the sum of the values divided by the total number of values.
Step 1: Find sum of values:
According to the dot plot: person talked 0 minutes
1 person talked 0 minutes,2 people talked 10 minutes2 people talked 20 minutes,4 people talked 30 minutes,3 people talked 50 minutes,and 4 people talked 60 minutes,Now we can find the sum using addition and multiplication:
Sum = (1 * 0) + (2 * 10) + (2 * 20) + (4 * 30) + (3 * 50) + (4 * 60)
Sum = 0 + 20 + 40 + 120 + 150 + 240
Sum = 570
Step 2: Find the total number of values present.
To find the total number of values, we add up the total number of people present:
Total = 1 + 2 + 2 + 4 + 3 + 4
Total = 16
Step 3: Determine average by dividing sum of values by total number of values. Then round to the nearest tenth:
Average = 570 / 16
Average = 35.625
Average = 35.6
Thus, the average number of minutes spent talking on a cell phone was about 35.6 minutes
2.2 In each of the following equations, solve for 8 where 0° 8≤ 90°. Give your answers correct to TWO decimal places. 2.2.1 tan 0 = 2,22. 2.2.2 8 cos(0 +10°) = 5 2.2.3 7 sec 0 -11 = 0
The solutions to the trigonometric equations are
2.2.1 θ = 26.57
2.2.2 θ = 68.46
22.3 θ = Undefined
How to determine the solutions to the equationsGiven that
2.2.1 tan θ = 1/2
Take the arc tan of both sides
So, we have
θ = tan⁻¹(1/2)
Divide 1 by 2
So, we have
θ = tan⁻¹(0.5)
Evaluate
θ = 26.57
Next, we have
2.2.2. cos(θ +10) = 1/5
Take the arc cos of both sides
So, we have
θ + 10 = cos⁻¹(1/5)
Divide 1 by 5
So, we have
θ + 10 = cos⁻¹(0.2)
Evaluate
θ = 78.46 - 10
So, we have
θ = 68.46
Lastly, we have
2.2.3 7sec(θ -11) = 0
Divide both sides by 7
sec(θ -11) = 0
Rewrite as
1/cos(θ - 11) = 0
So, we have
1 = 0 --- This is false
Hence, 7sec(θ -11) = 0 is undefined
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Question
In each of the following equations, solve for θ where 0° ≤ θ ≤ 90°. Give your answers correct to TWO decimal places.
2.2.1 tan θ = 1/2
2.2.2. cos(θ +10) = 1/5
2.2.3 7sec(θ -11) = 0
How would either a conflict theorist or a functionalist look at the educational system in the United States
A conflict theorist would analyze the educational system in the United States through the lens of social inequality and power dynamics.
They would argue that the educational system perpetuates and reinforces existing social inequalities by serving the interests of the dominant groups in society.
According to the conflict perspective, schools are seen as institutions that reproduce and maintain the social hierarchy by providing unequal opportunities and resources to different social groups. They would highlight how factors such as funding disparities, tracking systems, and standardized testing contribute to educational inequities. The conflict theorist would argue that the educational system functions to preserve the status quo and maintain the power of the ruling class, creating a cycle of social reproduction.
A functionalist would view the educational system as a vital institution that serves specific functions for society as a whole. They would emphasize the role of education in socializing individuals, transmitting cultural values, and preparing students for the workforce. Functionalists would argue that education promotes social cohesion by fostering a shared sense of identity and teaching individuals the necessary skills and knowledge to contribute to society.
They would highlight the importance of meritocracy and the belief that educational achievement reflects an individual's abilities and efforts. Functionalists would view the educational system as a mechanism for social integration and mobility, providing individuals with equal opportunities to succeed based on their talents and qualifications.
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a copmany with a return on equity of 12% and a plowback ratio of 60% would expect a sustainable growth rate of
So the sustainable growth rate of company with return on equity of 12 % and the plowback ratio of 60 % is given by 7.2 %.
If the rate of return on equity of a company is R and the plowback ratio of that company is P then the sustainable growth rate of that company is given by,
S = (R * P) * 100%
Given that the percentage of return on equity of a company is given by = 12 %
The percentage of plowback ratio of the company is given by = 60 %
Now the sustainable growth rate of the company will be given by
= (12 %) * (60 %) * 100 %
= (12/100) * (60/100) * 100 %
= (12 * 60) / 100 %
= 720 / 100 %
= 7.2 %
Hence the sustainable growth rate of the company is 7.2%.
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The notion of the youth ___________________ was discussed frequently by well-known scholars who were looking at population forecasts and imagining a dim and scary future for law- abiding people living in the 2000s and pumped up punitive responses to juvenile delinquency.
The notion of the youth "superpredator" was frequently discussed by scholars who examined population forecasts and envisioned a bleak future for law-abiding individuals in the 2000s. This concept fueled calls for harsh punitive measures against juvenile delinquency.
The term "superpredator" emerged in the 1990s as a controversial theory that predicted a surge in violent crimes committed by a new generation of young criminals. Scholars and researchers who discussed this notion believed that population forecasts indicated a looming crisis of lawlessness and antisocial behavior among young people in the 2000s.
These discussions often portrayed the future as grim and dangerous, with the youth population being characterized as a generation of ruthless and uncontrollable criminals. The fear and concern surrounding this concept led to calls for strict punitive responses and a focus on law enforcement measures to combat juvenile delinquency.
However, it is important to note that the superpredator theory has since been widely discredited, as crime rates among youth did not escalate to the extent predicted. The term itself has become synonymous with misguided and exaggerated predictions about youth criminality.
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Moral Relativism implies that: Group of answer choices A: societies never share any moral values in common B: in ethics, sometimes the minority is right C: as societies evolve, their morality improves D: we cannot say that stealing is wrong if the society in question believes it is right
Moral relativism offers a different perspective on morality, highlighting the complex and contextual nature of ethical and moral principles. While it has its limitations, understanding the different philosophical viewpoints on morality can be helpful in facilitating greater understanding and dialogue on these important issues.
Moral relativism is a philosophical viewpoint that holds that ethical and moral truths are relative to the individual or society in which they exist. This implies that different societies may have different moral codes, and what is considered right or wrong in one society may not be the same in another. Therefore, the answer to the question of whether stealing is right or wrong would depend on the societal context in which the act occurs.
Moral relativism does not necessarily imply that societies never share any moral values in common. It acknowledges that societies may have some shared moral values, but also recognizes that these values can change over time. Additionally, moral relativism acknowledges that sometimes the minority may be right in ethics, as what is considered morally right or wrong can vary depending on the context in which it is examined.
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in how many ways can 345 be written as the sum of an increasing sequence of two or more consecutive positive integers? (a) 1 (b) 3 (c) 5 (d) 6 (e) 7
There is only one way 345 can be written as the sum of an increasing sequence of two or more consecutive positive integers. The correct answer is A) 1.
To find the number of ways 345 can be written as the sum of an increasing sequence of two or more consecutive positive integers, we need to consider the factors of 345.
First, let's find the prime factorization of 345: 345 = 3 * 5 * 23.
Now, let's focus on factor 23. Since the sequence needs to have at least two consecutive positive integers, the smallest possible sequence would be 23 and 24. We can see that any larger sequence would have a sum greater than 345.
Therefore, the only possible way to write 345 as the sum of an increasing sequence of two or more consecutive positive integers is 23 + 24.
Hence, the answer is option (a) 1.
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Question 12 options:
Each topping costs $1
Each topping costs $6
With no toppings a pizza costs $6
With no topping a pizza costs $14
The rate of change represented in the situation is as follows:
With no toppings a pizza costs $6
How to find the rate of change?The rate of change function is defined as the rate at which one quantity is changing with respect to another quantity.
In other words, the rate of change is the change in the dependent variable with respect to the change in the independent variable.
The independent variable is the x value while the dependent variable is the y values.
Therefore, the rate of change represented in the situation is With no toppings a pizza costs $6
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Aman is graduating from college and looking forward to his new role in his job as a computer scientist for a large firm. This is an example of
The answer is B. anticipatory socialization. Aman's anticipation and excitement about his new role as a computer scientist indicate his engagement in anticipatory socialization.
Anticipatory socialization refers to the process through which individuals learn and internalize the values, norms, and behaviors associated with a future role or status they aspire to have. In this case, Aman's graduation from college and his upcoming job as a computer scientist represent a transition to a new role.
As he looks forward to this new position, he is likely engaging in activities such as researching the company, learning about the responsibilities of a computer scientist, and acquiring the necessary skills to excel in his job. By doing so, Aman is preparing himself and adjusting his attitudes and behaviors to fit the expectations of his future role, which characterizes anticipatory socialization.
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The complete question is:
Aman is graduating from college and looking forward to his new role in his job as a computer scientist for a large firm. This is an example of
A.the imagination stage
B.anticipatory socialization.
C.the game stage.
D.looking-glass self
(6 pts total) use technology to find the critical values to 2 decimal places. (a) for 97% confidence interval for population proportion if sample size is 40. (b) for 92% confidence interval for population mean if sample size is 20.
(a) For a 97% confidence interval are approximately -2.17 and 2.17.
(b) For a 92% confidence interval with a sample size of 20 are approximately -1.73 and 1.73.
How can technology help us find the critical values for confidence intervals?Technology, such as statistical calculators or software, can provide us with the critical values for confidence intervals by using the appropriate distribution (e.g., standard normal distribution or t-distribution) and desired confidence level. By inputting the sample size and confidence level, the technology calculates and displays the critical values accurately and efficiently.
(a) For a 97% confidence interval for a population proportion with a sample size of 40, we can use technology, such as a statistical calculator or software, to find the critical values.
Using a standard normal distribution, the critical values for a 97% confidence interval can be found by calculating the z-score corresponding to the desired confidence level.
For a 97% confidence level, we need to find the z-score that leaves 1.5% (0.015) in each tail.
Using technology, we find that the critical values for a 97% confidence interval are approximately -2.17 and 2.17 to 2 decimal places.
(b) For a 92% confidence interval for a population mean with a sample size of 20, we can again use technology to find the critical values.
Assuming the population follows a normal distribution or the sample size is sufficiently large, we can use the t-distribution for smaller sample sizes. In this case, with a sample size of 20, we would need to find the critical values using the t-distribution.
Using technology, such as a statistical calculator or software, we find that the critical values for a 92% confidence interval with a sample size of 20 are approximately -1.73 and 1.73 to 2 decimal places, when using the t-distribution.
Therefore,
(a)For a 97% confidence interval are approximately -2.17 and 2.17.
(b)For a 92% confidence interval with a sample size of 20 are approximately -1.73 and 1.73.
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Bramble Corporation has outstanding 2,300 $1,000 bonds, each convertible into 60 shares of $10 par value common stock. The bonds are converted on December 31, 2020, when the unamortized discount is $36,600 and the market price of the stock is $21 per share. Record the conversion using the book value approach.
The entry would be as follows:
Debit: Common Stock $1,260
Credit: Paid-in Capital in Excess of Par Value $1,260
To record the conversion, we will debit the Unamortized Discount on Bonds account and credit the Bonds Payable account. The entry would be as follows:
Debit: Unamortized Discount on Bonds $36,600
Credit: Bonds Payable $36,600
This entry eliminates the unamortized discount and reduces the liability for the bonds payable.
The market price of the stock is $21 per share. Since each bond is convertible into 60 shares of common stock, the value of the stock received upon conversion can be calculated by multiplying the market price per share by the number of shares received.
The value of the stock received can be calculated as follows:
Value of stock received = Market price per share × Number of shares received
= $21 × 60
= $1,260
To record the issuance of common stock upon conversion, we will debit the Common Stock account and credit the Paid-in Capital in Excess of Par Value account. The entry would be as follows:
Debit: Common Stock $1,260
Credit: Paid-in Capital in Excess of Par Value $1,260
This entry reflects the increase in shareholders' equity through the issuance of common stock.
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Which statements about liquid volume are true?
Select each correct answer.
Responses
One liter is 1,000 times smaller than one milliliter.
One liter is 1,000 times smaller than one milliliter.
One liter is 100 times smaller than one milliliter.
One liter is 100 times smaller than one milliliter.
One liter is 100 times larger than one milliliter.
One liter is 100 times larger than one milliliter.
One liter is 1,000 times larger than one milliliter.
One liter is 1,000 times larger than one milliliter.
Liters are larger units than milliliters.
Liters are larger units than milliliters.
Milliliters are larger units than liters.
Answer:
The correct statements about liquid volume are:
-One liter is 1,000 times larger than one milliliter. (This is because there are 1,000 milliliters in one liter)
-Liters are larger units than milliliters.
Lasso Corp. budgeted $250,000 of overhead for 2002. Actual overhead costs for the year were $240,000. Lasso's plantwide allocation base, machine hours, was budgeted at 50,000 hours. Actual machine hours were 40,000. Budgeted units to be produced are 100,000 units. Lasso's plantwide factory overhead rate for 2002 is:
Lasso Corp.'s plantwide factory overhead rate for 2002 is $5 per machine hour.
To calculate the plantwide factory overhead rate, we divide the budgeted overhead costs by the budgeted machine hours. In this case, the budgeted overhead is $250,000, and the budgeted machine hours are 50,000. Dividing $250,000 by 50,000 hours gives us a rate of $5 per machine hour.
The plantwide factory overhead rate represents the amount of factory overhead allocated to each machine hour. It is used to allocate overhead costs to the products manufactured based on the machine hours used in their production.
However, it's important to note that in this scenario, the actual overhead costs and machine hours differ from the budgeted amounts. The actual overhead costs for the year were $240,000, and the actual machine hours were 40,000. The budgeted units to be produced were 100,000 units.
While these actual figures provide information on the actual costs and production, the plantwide factory overhead rate is determined based on the budgeted amounts.
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a client has orders to receive 3,000 ml of iv fluid at a rate of 150 ml/hr. if the infusion starts at 0800, when would it be finished?
Step-by-step explanation:
3000 ml / 150 ml/hr = 20 hrs from 0800 would be 0400 the NEXT day.
Find the unknown angle measure by solving for the given variable.
The measure of angle YZV is 120° and the measure of angle VZW is 60°.
From the given figure, ∠YZV=24a, ∠VZW=12a.
Here, ∠YZV+∠VZW=180°
24a+12a=180°
36a=180
a=180/36
a=5
Here, m∠YZV=24×5=120°
m∠VZW=12×5=60°
m∠XZW=m∠YZV=120° (Vertically opposite angles are equal)
m∠XZY=m∠VZW=60° (Vertically opposite angles are equal)
Therefore, the measure of angle YZV is 120° and the measure of angle VZW is 60°.
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if two lines form congruent adjacent angles, then the lines are
If two lines form congruent adjacent angles, it indicates that the lines are perpendicular to each other.
This is known as the Perpendicular Adjacent Angles Theorem. According to this theorem, if two lines intersect and the adjacent angles formed by the intersection are congruent, then the lines are perpendicular to each other.
Congruent adjacent angles are angles that have the same measure and share a common vertex and a common side. When two lines intersect to form congruent adjacent angles, it implies that the lines are forming a right angle at their point of intersection. Thus, the lines are perpendicular to each other.
In summary, if two lines form congruent adjacent angles, it indicates that the lines are perpendicular.
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On January 1, 2020, Ermler Company, a calendar-year company, issued $2,000,000 of notes payable, of which $500,000 is due on January 1 for each of the next four years. The proper balance sheet presentation on December 31, 2020, is Group of answer choices Current liabilities, $2,000,000 Long-term debt , $2,000,000 Current liabilities, $500,000; Long-term Debt, $1,000,000 Current liabilities, $500,000; Long-term Debt, $1,500,000
The correct presentation on December 31, 2020, would be:
Current liabilities: $500,000
Long-term debt: $1,500,000
On January 1, 2020, Ermler Company issued $2,000,000 of notes payable, with $500,000 due on January 1 for each of the next four years. To determine the proper balance sheet presentation on December 31, 2020, we need to consider the classification of the notes payable.
The $500,000 due within one year (on January 1 of the following year) is considered a current liability. This amount represents the portion of the notes payable that needs to be repaid in the short term, within the company's operating cycle. Therefore, it should be classified as current liabilities.
The remaining $1,500,000 of the notes payable is not due within the next year. This portion represents the long-term debt of the company, as it extends beyond the normal operating cycle and is not required to be repaid in the short term.
Based on this analysis, the proper balance sheet presentation on December 31, 2020, would be as follows:
Current liabilities: $500,000
Long-term debt: $1,500,000
This classification accurately reflects the timing of the payments and provides a clear distinction between the current liabilities and long-term debt on the company's balance sheet.
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A number, c, is increased by 87% to give 8415.
Work out the original value of c.
The calculated value of the original value of c is 4500
Working out the original value of c.From the question, we have the following parameters that can be used in our computation:
A number, c, is increased by 87% to give 8415.
When represented as an equation, we have
c * (1 + 87%) = 8415
Make c the subject of the formula
So, we have
c = 8415/(1 + 87%)
Evaluate
c = 4500
Hence, the original value of c is 4500
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suppose you pick two cards, one at a time, at random, from an ordinary deck of 52 cards. find (a) the probability that both cards are dia- monds; and (b) the probability that the cards form a pair (they are the same rank). g
a) The probability that both cards are diamonds is 0.0588.
b) The probability that the cards form a pair is 0.0588.
What is the probability?Probability = number of favorable outcomes/number of possible outcomes
(a) Favorable outcomes: There are 13 diamonds in a deck of 52 cards.
Total outcomes: When picking the first card = 52
After picking the first card = 51
Therefore, the probability of both cards being diamonds is:
P(both cards are diamonds) = (13/52) * (12/51) = 0.0588
(b) Favorable outcomes: There are 13 ranks in a deck of cards and for each rank, there are 4 cards of the same rank.
Total outcomes: When picking the first card = 52
After picking the first card = 51
Therefore, the probability of drawing a pair is:
P(cards form a pair) = (13/52) * (4/51) = 0.0588
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ou want to save for a brand-new car. You put the $5,000 your Grandma gave you when you graduated in an account that pays 6% interest and is compounded monthly. How much will you have at the end of five years
An account that pays 6% interest and is compounded monthly. At the end of five years, you will have approximately $6,691.13 in the account.
To calculate the amount you will have at the end of five years, we can use the formula for compound interest:
A = P(1 + r/n)^(nt)
Where:
A = the final amount
P = the principal amount (initial investment)
r = annual interest rate (in decimal form)
n = number of times the interest is compounded per year
t = number of years
In this case, the principal amount (P) is $5,000, the annual interest rate (r) is 6% (or 0.06 in decimal form), the interest is compounded monthly, so the number of times compounded per year (n) is 12, and the number of years (t) is 5.
Plugging these values into the formula, we have:
A = $5,000(1 + 0.06/12)^(12*5)
Calculating the expression inside the parentheses first:
(1 + 0.06/12)^(12*5) ≈ 1.33822558
Now, substituting this value back into the formula:
A ≈ $5,000 * 1.33822558
A ≈ $6,691.13
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Find the area of each triangle. Round your answers to the nearest tenth.
Answer:
please see answers below
Step-by-step explanation:
Area of triangle = ½ ab sin C, where C is angle between sides a and b
first triangle:
area = 1/2 X 11 X 6 X sin 57
= 27.7 m² to nearest tenth
second triangle:
area = 1/2 X 5.5 X 12 X sin 33
= 18.0 ft² to nearest tenth
Kiki scores 822 points playing a video game. that's 6 times as many points as sarah, how many points does sarah score?
points 127 points 137
points 137 points 828 points 828 points 4,932 points
Sarah scored 137 points in the game.
What is Mathematical expression?
The combination of numbers and variables by using operations addition, subtraction, multiplication and division is called Mathematical expression.
To find out how many points Sarah scored, we can set up a proportion based on the information given:
Let's assume Sarah's score is represented by "x" points.
The proportion can be set up as:
822 (Kiki's score) / x (Sarah's score) = 6
To solve for x, we can cross-multiply and solve the equation:
822 = 6x
Dividing both sides by 6:
[tex]x = \frac{822}{6}[/tex]
x = 137
Therefore, Sarah scored 137 points in the game.
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a bag contains eleven equally sized marbles, which are numbered. two marbles are chosen at random and replaced after each selection. what is the probability that the first marble chosen is shaded and the second marble chosen is labeled with an odd number?
Probability that the first marble chosen is shaded and the second marble chosen is labeled with an odd number is 24/121 .
Given,
Total number of marbles = 11
Here,
Total number of marbles = 11.
Since, after choosing the first marble, we are putting it back and then the second marble is chosen.
As, there are 4 shaded marbles.
So, the probability of getting the first marble shaded = 4/11
Also, there are 6 odd labeled marbles.
So, the probability of getting the second marble being odd labeled = 6/11
So, the probability of getting the first marble shaded and second marble labeled odd = 4/11 * 6/11
= 24/121
Hence, the required probability is 24/121 .
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suppose you want to borrow $200,000 from the bank to buy a home and agree to repay the loan in 360 equal monthly payments, including all interest due. the bank charges 0.35% per month on the unpaid balance (4.2% per year compounded monthly).
Answer the following questions about this loan. How much is the monthly payment? $ .......... Round to the nearest cent.
........................
After making 360 monthly payments, how much will you have paid in total to the bank? $ .................... Round to the nearest cent. .............................
After making 360 monthly payments, how much of what you paid the bank was interest? $ ............. Round to the nearest cent.
........................
The monthly payment for the loan is $1,013.16. After making 360 monthly payments, you will have paid a total of $364,137.64 to the bank. The total interest paid to the bank over the 360 months is $164,137.64.
Determine the monthly payment?To calculate the monthly payment, we can use the formula for calculating the monthly payment on a loan:
[tex]\[M = \frac{P \cdot r \cdot (1 + r)^n}{(1 + r)^n - 1}\][/tex]
Where:
M is the monthly payment,
P is the principal loan amount,
r is the monthly interest rate, and
n is the total number of payments.
In this case, the principal loan amount is $200,000, the monthly interest rate is 0.35% (or 0.0035 as a decimal), and the total number of payments is 360. Plugging these values into the formula, we find that the monthly payment is $1,013.16.
To calculate the total amount paid to the bank over the 360 months, we simply multiply the monthly payment by the total number of payments: $1,013.16 * 360 = $364,137.64.
The total interest paid to the bank can be calculated by subtracting the principal loan amount from the total amount paid: $364,137.64 - $200,000 = $164,137.64.
Therefore, the monthly payment for the loan is $1,013.16, and after 360 monthly payments, the total payment to the bank is $364,137.64, with $164,137.64 being the total interest paid.
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tracy can build a brick wall in hours, while her apprentice can do the job in hours. how long does it take for them to build a wall together?
We are given that the box has a square base and an open top. let b represent the length of the box's base and let h represent the height of the box, each measured in cm. let v represent the volume of the box, measured in cm3. writing an equation for v in terms of b and h gives us the following.
V = ______ cm3
Answer:
Step-by-step explanation: