The meat department of a supermarket sells ground beef in approximate 1 lb packages, but there is some variability. A random sam
1 answer:
Answer:
1.05 ± 0.05 lbs
Step-by-step explanation:
Hi!
We can calculate this interval with the z-score of the 90% which is (by convention) 1.645
The interval is calculated as follows:
where x_m is the mean, σ the standar deviation and n is the number of samples:
replacing these values we get:
*rounded to the first decimal*
1.05 ± 0.05
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Answer:
a) 0.0392
b) 0.4688
c) At least $39,070 to be among the 5% most expensive.
Step-by-step explanation:
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
a. What is the probability that a wedding costs less than $20,000 (to 4 decimals)?
This is the pvalue of Z when X = 20000. So
has a pvalue of 0.0392.
So this probability is 0.0392.
b. What is the probability that a wedding costs between $20,000 and $30,000 (to 4 decimals)?
This is the pvalue of Z when X = 30000 subtracted by the pvalue of Z when X = 20000.
X = 30000
has a pvalue of 0.5080.
X = 20000
has a pvalue of 0.0392.
So this probability is 0.5080 - 0.0392 = 0.4688
c. For a wedding to be among the 5% most expensive, how much would it have to cost (to the nearest whole number)?
This is the value of X when Z has a pvalue of 0.95. So this is X when Z = 1.645.
The wedding would have to cost at least $39,070 to be among the 5% most expensive.
In this question , we have a graph given, and we have to find the x coordinate of the intersection point .
From the graph , the input value is approximately 3.3 .
In the graph,
And for g(x), we need the slope and y intercept .
Slope is the ratio of rise and run .
Here rise equals 3 units and run equals 2 units. And the graph touch the y axis at -2 .
So the equation of g(x) is
We need to do
Substituting the values of the two functions, we will get
Adding 2 to both sides
Cross multiplication
So the input value is 3.3 approx