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2 years ago

Last year Boris paid £256 for his car insurance.

Mathematics

1 answer:

jenyasd209 [6]2 years ago

6 0

Answer:

The percentage increase in the cost of Boris car insurance cost is 249%

Step-by-step explanation:

In this question, we want to calculate the percentage increase in the cost of car insurance paid by Boris

Mathematically, to calculate this percentage increase, we shall need to make use of a mathematical formula.

Mathematically, the percentage increase would be;

{(new value paid-old value paid)/old value paid} * 100%

From the question, we can identify that the old value paid is £256 while the new value paid is £894

Thus, the percentage increase would be ;

(894-256)/256 * 100% = 638/256 * 100 = 2.4921875 * 100 = 249.21875 which is 249% increase to the nearest whole percentage

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(a) The fraction of the calls last between 4.50 and 5.30 minutes is 0.3729.

(b) The fraction of the calls last more than 5.30 minutes is 0.1271.

(c) The fraction of the calls last between 5.30 and 6.00 minutes is 0.1109.

(d) The fraction of the calls last between 4.00 and 6.00 minutes is 0.745.

(e) The time is 5.65 minutes.

Step-by-step explanation:

We are given that the mean length of time per call was 4.5 minutes and the standard deviation was 0.70 minutes.

Let X = the length of the calls, in minutes.

So, X ~ Normal( $\mu=4.5,\sigma^{2} =0.70^{2}$ )

The z-score probability distribution for the normal distribution is given by;

Z = $\frac{X-\mu}{\sigma}$ ~ N(0,1)

where, $\mu$ = population mean time = 4.5 minutes

$\sigma$ = standard deviation = 0.7 minutes

(a) The fraction of the calls last between 4.50 and 5.30 minutes is given by = P(4.50 min < X < 5.30 min) = P(X < 5.30 min) - P(X $\leq$ 4.50 min)

P(X < 5.30 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{5.30-4.5}{0.7}$ ) = P(Z < 1.14) = 0.8729

P(X $\leq$ 4.50 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{4.5-4.5}{0.7}$ ) = P(Z $\leq$ 0) = 0.50

The above probability is calculated by looking at the value of x = 1.14 and x = 0 in the z table which has an area of 0.8729 and 0.50 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.8729 - 0.50 = 0.3729.

(b) The fraction of the calls last more than 5.30 minutes is given by = P(X > 5.30 minutes)

P(X > 5.30 min) = P( $\frac{X-\mu}{\sigma}$ > $\frac{5.30-4.5}{0.7}$ ) = P(Z > 1.14) = 1 - P(Z $\leq$ 1.14)

= 1 - 0.8729 = 0.1271

The above probability is calculated by looking at the value of x = 1.14 in the z table which has an area of 0.8729.

(c) The fraction of the calls last between 5.30 and 6.00 minutes is given by = P(5.30 min < X < 6.00 min) = P(X < 6.00 min) - P(X $\leq$ 5.30 min)

P(X < 6.00 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{6-4.5}{0.7}$ ) = P(Z < 2.14) = 0.9838

P(X $\leq$ 5.30 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{5.30-4.5}{0.7}$ ) = P(Z $\leq$ 1.14) = 0.8729

The above probability is calculated by looking at the value of x = 2.14 and x = 1.14 in the z table which has an area of 0.9838 and 0.8729 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.9838 - 0.8729 = 0.1109.

(d) The fraction of the calls last between 4.00 and 6.00 minutes is given by = P(4.00 min < X < 6.00 min) = P(X < 6.00 min) - P(X $\leq$ 4.00 min)

P(X < 6.00 min) = P( $\frac{X-\mu}{\sigma}$ < $\frac{6-4.5}{0.7}$ ) = P(Z < 2.14) = 0.9838

P(X $\leq$ 4.00 min) = P( $\frac{X-\mu}{\sigma}$ $\leq$ $\frac{4.0-4.5}{0.7}$ ) = P(Z $\leq$ -0.71) = 1 - P(Z < 0.71)

= 1 - 0.7612 = 0.2388

The above probability is calculated by looking at the value of x = 2.14 and x = 0.71 in the z table which has an area of 0.9838 and 0.7612 respectively.

Therefore, P(4.50 min < X < 5.30 min) = 0.9838 - 0.2388 = 0.745.

(e) We have to find the time that represents the length of the longest (in duration) 5 percent of the calls, that means;

P(X > x) = 0.05 {where x is the required time}

P( $\frac{X-\mu}{\sigma}$ > $\frac{x-4.5}{0.7}$ ) = 0.05