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8_murik_8 [283]
1 year ago
10

Nina's monthly budget is $2,250. Every month she makes the following payments: $175 for insurance, $129 for utilities, $283 for

taxes. Which is the highest house payment she can afford?
A.) House A - monthly payment: $1,580.89.
B.) House B - monthly payment: $1,790.25.
C.) House C - monthly payment: $1,989.23.
Mathematics
2 answers:
choli [55]1 year ago
6 0
The total costs that Nina would have to pay is the sum of the cost of insurance, utilities, and taxes.
                               C = $175 + $129 + $283 = $587
The highest house payment she could afford is then the difference between her budget and the costs,
                                  P = $2,250 - $587 = $1663
Thus, the answer would be letter B. House B because all the rest of the monthly payment are way over her budget. 
natka813 [3]1 year ago
4 0

A) House A

Her costs monthly add up to $587 so take that out of her monthly budget. $1,663 is left so she can only afford house A.

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Information given

n=400 represent the random sample taken

X=52 represent the  workers belonged to unions

\hat p=\frac{52}{400}=0.13 estimated proportion of workers belonged to unions

p_o=0.113 is the value that we want to test

\alpha=0.05 represent the significance level

Confidence=95% or 0.95

z would represent the statistic

p_v represent the p value

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We want to test if the true proportion of interest is higher than 0.113 so then the system of hypothesis are.:  

Null hypothesis:p \leq 0.113  

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Part b

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Replacing we got:

z=\frac{0.13 -0.113}{\sqrt{\frac{0.113(1-0.113)}{400}}}=1.074  

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