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Alborosie
2 years ago
11

There are about 4200 college presidents in the United States, and they have annual incomes with a distribution that is skewed in

stead of being normal. Many different samples of 40 college presidents are randomly selected, and the mean annual income is computed for each sample. What is the approximate shape of the sample means?
Mathematics
1 answer:
forsale [732]2 years ago
3 0
<span>Because a mean is an average, the means of each of the samples of 40 college presidents' incomes will have less of a skew than the actual income distribution in dollars of all of them. That is because outliers, like a president who is paid $2 million a year, will be averaged in with many others who are paid less. The shape of the curve of the means will depend upon how many different samples of 40 presidents are included, with the shape becoming more bell-like (normal distribution) the more random samples are included. Another consideration is how often the outliers are included and how big the income skew is that you start with. For example, if 2 college presidents are earning $2 million a year and the other 4,198 are earning $200,000 or less then the shape of your curve will depend greatly upon the number of times those two high earners are randomly selected and factored into the mean.</span>
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Find the point (x,y) of x2+14xy+49y2=100 that is closest to the origin and lies in the first quadrant.
Gala2k [10]

Notice that

x^2+14xy+49y^2=(x+7y)^2

so the constraint is a set of two lines,

(x+7y)^2=100\implies\begin{cases}x+7y=10\\x+7y=10\end{cases}

and only the first line passes through the first quadrant.

The distance between any point (x,y) in the plane is \sqrt{x^2+y^2}, but we know that \sqrt{f(x,y)} and f(x,y) share the same critical points, so we need only worry about minimizing x^2+y^2. The Lagrangian for this problem is then

L(x,y,\lambda)=x^2+y^2+\lambda(x+7y-10)

with partial derivatives (set equal to 0)

L_x=2x+\lambda=0

L_y=2y+7\lambda=0

L_\lambda=x+7y-10=0

We have

L_y-7L_x=2y-14x=0\implies y=7x

which tells us that

x+7y-10=0\iff x+49x=10\implies x=\dfrac15\implies y=\dfrac75

so that \left(\dfrac15,\dfrac75\right) is a critical point. The Hessian for the target function x^2+y^2 is

H(x,y)=\begin{bmatrix}2&0\\0&2\end{bmatrix}

which is positive definite for all x,y, so the critical point is the site of a minimum. The minimum distance itself (which we don't seem to care about for this problem, but we might as well state it) is \sqrt{\left(\dfrac15\right)^2+\left(\dfrac75\right)^2}=2.

3 0
2 years ago
The Unique Glass Company reported sales of $24 million in 1995, and sales increased by 15% each year for the next 10 years.
Dimas [21]

Answer:

n + 1 = 24 million x 1.15

Step-by-step explanation:

The sales is increased 15 percent, so every year 24million is multiplyed with 1.15 to get the result... so yea

3 0
2 years ago
A food distributor is being sued for racial discrimination because 12% of newly hired candidates are not white when 53% of all a
Musya8 [376]

Answer:

Check Explanation

Step-by-step explanation:

A) The null hypothesis would be that the proportion of newly hired candidates that are not white is not significantly different from the proportion of the applicants that are not white & there is no significant evidence that the company's hiring practices are discriminatory.

Mathematically,

H₀: μ₀ = 0.53

And the alternative hypothesis would be that there is a significant difference between the proportion of newly hired candidates that are not white is not significantly different from the proportion of the applicants that are not white. More specifically, that the proportion of newly hired candidates that are not white is significantly less than the proportion of applicants that are not white & there is significant evidence that the company's hiring practices are indeed discriminatory.

Mathematically,

Hₐ: μ₀ < 0.53

B) The two errors that can come up in this hypothesis testing include -

Type I error: We reject the null hypothesis because we obtain that the proportion of newly hired candidates that are not white is significantly less than the proportion of applicants that are not white and conclude that there is indeed significant evidence that the company's hiring practices are discriminatory when in reality, there is no significant difference and hence, no discrimination.

Type II error: We accept the null hypothesis (fail to reject the null hypothesis) because we obtained that there is no significant difference between the proportion of newly hired candidates that are not white & th proportion of applicants that are not white and conclude that there is no discrimination in the company's hiring practices when in reality, there is significant difference in the stated proportions above and significant evidence that there is indeed significant evidence that the company's hiring practices are discriminatory.

C) The power of the test increases as the significance level reduces. This is because t-statistic increases as significance level reduces.

D) The standard error of the mean used in computing the t-score is given as

σₓ = (σ/√n)

It is evident that as the value of n increases, the standard error reduces and this widens the effect of the test, hence, the power of the test increases.

Hope this Helps!!!

7 0
2 years ago
Marquis used the steps below to find the solution to the inequality Negative 5.6 greater-than-or-equal-to x + 3.6.
Taya2010 [7]

Answer:3.9

Step-by-step explanation:

you have to add the decimal to the exponent

5 0
2 years ago
Read 2 more answers
Is 12x=7y-10y a linear equation?
Kruka [31]
 <span>12x = 7y-10y 
12x = -3y 
-4x= y 
y = -4x</span>
4 0
2 years ago
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