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lilavasa [31]
2 years ago
6

During the 2008-2009 financial crisis, the GDP of the USA reduced from $14.72 trillion in 2008 to$14.42 trillion in 2009. What i

s the percentage change between these two years? Round your answer to the nearest hundredth of a percent. Do not include the percent sign in your answer. For example, if your answer is 15.57%, enter 15.57.
Mathematics
1 answer:
Bad White [126]2 years ago
4 0

Answer:

2.04

Step-by-step explanation:

The GDP of USA IN 2008 = $14.72 trillion

The GDP of USA IN 2009 = $14.42 trillion

Change in GDP

$14.72 trillion- $14.42 trillion = $0.3 trillion

Percentage Change

($0.3 trillion/$14.72 trillion) x 100%

0.02038 X 100% = 2.038=2.04 approximately

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Answer:

Joint variation says that:

if x \propto y and x \propto z

then the equation is in the form of:

x = kyz, where, k is the constant of variation.

As per the statement:

If x varies jointly as y and z

then by definition we have;

x=k(yz)           ......[1]

Solve for k;  

when x = 8 , y=4 and z=9

then

Substitute these in [1] we have;

8=k(4 \cdot 9)

⇒8 = 36k

Divide both sides by 36 we have;

\frac{8}{3}=k

Simplify:

k = \frac{2}{9}

⇒x = \frac{2}{9}yz

to find z when x = 16 and y = 6

Substitute these value we have;

16 = \frac{2}{9} \cdot 6 \cdot z

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Ice cream usually comes in 1.5-quart boxes (48 fluid ounces), and ice cream scoops hold about 2 ounces. However, there is some v
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Answer:

(a) The expected value and standard deviation of the amount of ice cream served at the party are 54 ounces and 1.25 ounces respectively.

(b) The expected value and standard deviation of the amount of ice cream left in the box after scooping out one scoop are 46 ounces and 1.031 ounces respectively.

(c) Because the variance of each variable is dependent on the other.

Step-by-step explanation:

The random variable <em>X</em> and <em>Y</em> are defined as follows:

<em>X</em> = amount of ice cream in the box

<em>Y</em> = amount of ice cream scooped out

The information provided is:

E (X) = 48

SD (X) = 1

V (X) = 1

E (Y) = 2

SD (Y) = 0.25

V (Y) = 0.0625

(a)

The total amount of ice-cream served at the party can be expressed as:

<em>X</em> + 3<em>Y</em>.

Compute the expected value of (<em>X</em> + 3<em>Y</em>) as follows:

E(X+3Y)=E(X)+3E(Y)\\= 48+(3\times2)\\=48+6\\=54

Compute the variance of (<em>X</em> + 3<em>Y</em>) as follows:

V(X+3Y) = V (X)+3^{2}V(Y)+2\times 3Cov (X,Y)\\=1+(9\times0.0625)+0\\=1.5625

Then the standard deviation of (<em>X</em> + 3<em>Y</em>) is:

SD(X + 3Y) =\sqrt{V(X + 3Y)}\\\sqrt{1.5625}\\=1.25

Thus, the expected value and standard deviation of the amount of ice cream served at the party are 54 ounces and 1.25 ounces respectively.

(b)

The amount of ice-cream left in the box after scooping out one scoop is represented as follows:

<em>X</em> - <em>Y</em>.

Compute the expected value of (<em>X</em> - <em>Y</em>) as follows:

E(X-Y)=E(X)-E(Y)\\=48-2\\=46

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V(X - Y) =V(X)+V(Y)-2Cov(X,Y)\\=1+0.0625-0\\=1.0625

Then the standard deviation of (<em>X</em> - <em>Y</em>) is:

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(c)

The variance of the sum or difference of two variables is computed by adding the individual variances. This is because the variance of each variable is dependent on the others.

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