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Simora [160]
2 years ago
7

(CO 3) On average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 6.1 inches. Find the probabi

lity that a randomly selected part from this supplier will have a value between 87.5 and 107.5 inches. Is this consistent with the Empirical Rule of 68%-95%-99.7%? Probability is 0.90, which is consistent with the Empirical Rule Probability is 0.95, which is inconsistent with the Empirical Rule Probability is 0.90, which is inconsistent with the Empirical Rule Probability is 0.05, which is consistent with the Empirical Rule Flag this Question
Mathematics
1 answer:
ololo11 [35]2 years ago
6 0

Answer:

C. Probability is 0.90, which is inconsistent with the Empirical Rule.

Step-by-step explanation:

We have been given that on average, the parts from a supplier have a mean of 97.5 inches and a standard deviation of 6.1 inches.

First of all, we will find z-score corresponding to 87.5 and 107.5 respectively as:

z=\frac{x-\mu}{\sigma}

z=\frac{87.5-97.5}{6.1}

z=\frac{-10}{6.1}

z=-1.6393

z\approx-1.64

z=\frac{x-\mu}{\sigma}

z=\frac{107.5-97.5}{6.1}

z=\frac{10}{6.1}

z=1.6393

z\approx 1.64

Now, we need to find the probability P(-1.64.

Using property P(a, we will get:

P(-1.64

From normal distribution table, we will get:

P(-1.64

P(-1.64

P(-1.64

Since the probability is 0.90, which is inconsistent with the Empirical Rule, therefore, option C is the correct choice.

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  • The total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 1 year is $ 318.27.

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a)  How much will you have at the middle of the first year?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

where

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Principle P = $300

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Compound n = Semi-Annually = 2

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To determine:

Total amount = A = ?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

substituting the values

A=300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(0.5\right)}

A=300\cdot \frac{2.06}{2}

A=\frac{618}{2}

A=309 $

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 0.5 years is $ 309.00.

Part b) How much at the end of one year?

Using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

where

  • Principle = P
  • Annual rate = r
  • Compound = n
  • Time  = (t in years)
  • A = Total amount

Given:

Principle P = $300

Annual rate r = 6% = 0.06 per year

Compound n = Semi-Annually = 2

Time (t in years) = 1 years

To determine:

Total amount = A = ?

so using the formula

A\:=\:P\left(1+\frac{r}{n}\right)^{nt}

so substituting the values

A\:=\:300\left(1+\frac{0.06}{2}\right)^{\left(2\right)\left(1\right)}

A=300\cdot \frac{2.06^2}{2^2}

A=318.27 $

Therefore, the total amount accrued, principal plus interest,  from compound interest on an original principal of  $ 300.00 at a rate of 6% per year  compounded 2 times per year  over 1 year is $ 318.27.

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