Suppose 35.45% of small businesses experience cash flow problems in their first 5 years. A consultant takes a random sample of 530 businesses that have been opened for 5 years or less. What is the probability that between 34.2% and 39.03% of the businesses have experienced cash flow problems?
1) 0.6838
2) 20.3738
3) 0.3162
4) - 11.6695
5) 1.2313

Answers

Answer 1

Answer:

1) 0.6838

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

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 p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

35.45% of small businesses experience cash flow problems in their first 5 years.

This means that [tex]p = 0.3545[/tex]

Sample of 530 businesses

This means that [tex]n = 530[/tex]

Mean and standard deviation:

[tex]\mu = p = 0.3545[/tex]

[tex]s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.3545(1-0.3545)}{530}} = 0.0208[/tex]

What is the probability that between 34.2% and 39.03% of the businesses have experienced cash flow problems?

This is the p-value of Z when X = 0.3903 subtracted by the p-value of Z when X = 0.342.

X = 0.3903

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.3903 - 0.3545}{0.0208}[/tex]

[tex]Z = 1.72[/tex]

[tex]Z = 1.72[/tex] has a p-value of 0.9573

X = 0.342

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.342 - 0.3545}{0.0208}[/tex]

[tex]Z = -0.6[/tex]

[tex]Z = -0.6[/tex] has a p-value of 0.27425

0.9573 - 0.2743 = 0.683

With a little bit of rounding, 0.6838, so option 1) is the answer.


Related Questions

How many cups of flour are required to make 9 dozen cookies? ( write your answer as a mixed number) Demonstrate your method of choice

Answers

Answer:

45/16

Step-by-step explanation:

[tex]1 \frac{1}{4} = 4[/tex]

[tex]x = 9 [/tex]

[tex]x = 1 \frac{1}{4} \times 9 \div 4[/tex]

[tex]x = \frac{5}{4} \times 9 \div 4[/tex]

[tex]x = \frac{45}{16} [/tex]

Which expression gives the best estimate of 30 percent of 61?

The answers are below:

Hurry, please!

Answers

Answer:

it would be 1/4(60)

Step-by-step explanation:

30 percent of 61 is 18.3 and 1/4 of 60 is 15 which is closest to 18.3

giving brainiest Elinor solved this problem. Is her answer correct?


8.93 times 0.15 = 4465. 4465 + 8930 = 13.395

No, Elinor should have placed the decimal point between the 1 and the 3.

No, she should have placed the decimal point between the 3 and the 9.

No, she did not align the place values in the partial products correctly.

Yes. Elinor did not make an error. giving Branniest

Answers

Yes eyeliner is did not make a error

Answer:

its a

Step-by-step explanation:

trust did test

F(x) =-2x-4 find x if f(x)=14

Answers

Answer:

14=-2x-4

18=-2x

x=-9

Hope This Helps!!!

A large container holds 4 gallons of chocolate milk that has to be poured into bottles. Each bottle holds 2 pints.
If the ratio of gallons to pints is 1: 8,
bottles are required to hold the 4 gallons of milk.

Answers

Answer:

64 Bottles

Step-by-step explanation:

that is the procedure above

Name the following segment or point.
Given:
L, M, N are midpoints
orthocenter of triangle ABC

Answers

Answer:

P

Step-by-step explanation:

It's where the altitudes meet

There are seven people online and each person uses either a blue, black, or red pen to write while working. How many possible combinations can be made?


A. 49

B. 28

C. 21

D. 10


A S A P!! I DONT WANT MY DAD YELLING AT ME FOR THIS ;^;

Answers

Answer:

21 is the answer for this question may be

Approximate 5.7255 to the nearest thousand

Answers

Step-by-step explanation:

round 5.7255 to thousands place

place after thousands place (5) rounds up the 5 before it

therefore 5.726 ur ans

MARK above ANS as branliest

Roulette is a casino game that involves spinning a ball on a wheel that is marked with numbered squares that are red, black, or green. Half of the numbers 1 - 36 are colored red and half are black and the numbers 0 and 00 are green. Each number occurs only once on the wheel. What is the probability of landing on an even number and a number greater than 17? (A number is even if it is divisible by 2. 0 and 00 are considered even as well.)​

Answers

Answer:

the wording (punctuation) of the question can lead to different interpretations....

I assume that the question was >17 & even which is "5/19",

BUT... it can also be read as two questions

first >17 which is "10/19"

and second an even number which is "9/19"

BUT !!! I think that the question answer is 5/19

Step-by-step explanation:

Even Number  = 18/38 = 9/19

greater 17 = 20/38 = 10/19

Even & greater 17 = 10/38 = 5/19

The negative effects of a recession would be reduced by which fiscal policy decision?

A. incurring a budget deficit which is used to retire debt held by the public
B. incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances
C. incurring a budget surplus, which is used to retire debt held by commercial banks
D. incurring a budget deficit by borrowing from the public and increasing expenditures

Answers

Incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances. Then the correct option is B.

What is Recession?

A span of transitory negative growth marked by a drop in Income in four quarters.

The negative effects of a recession would be reduced by the fiscal policy decision will be

Incurring a budget surplus and allowing that surplus to accumulate as idle Treasury balances

Then the correct option is B.

More about the Recession link is given below.

https://brainly.com/question/18075358

#SPJ1

A courier service company wishes to estimate the proportion of people in various states that will use its services. Suppose the true proportion is 0.06. If 235 are sampled, what is the probability that the sample proportion will differ from the population proportion by greater than 0.04

Answers

Answer:

0.0098 = 0.98% probability that the sample proportion will differ from the population proportion by greater than 0.04

Step-by-step explanation:

To solve this question, we need to understand the normal probability distribution and the central limit theorem.

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the z-score of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

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 p-value, we get the probability that the value of the measure is greater than X.

Central Limit Theorem

The Central Limit Theorem establishes that, for a normally distributed random variable X, with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the sampling distribution of the sample means with size n can be approximated to a normal distribution with mean [tex]\mu[/tex] and standard deviation [tex]s = \frac{\sigma}{\sqrt{n}}[/tex].

For a skewed variable, the Central Limit Theorem can also be applied, as long as n is at least 30.

For a proportion p in a sample of size n, the sampling distribution of the sample proportion will be approximately normal with mean [tex]\mu = p[/tex] and standard deviation [tex]s = \sqrt{\frac{p(1-p)}{n}}[/tex]

Suppose the true proportion is 0.06.

This means that [tex]p = 0.06[/tex]

235 are sampled

This means that [tex]n = 235[/tex]

Mean and standard deviation:

[tex]\mu = p = 0.06[/tex]

[tex]s = \sqrt{\frac{p(1-p)}{n}} = \sqrt{\frac{0.06*0.94}{235}} = 0.0155[/tex]

What is the probability that the sample proportion will differ from the population proportion by greater than 0.04?

Proportion below 0.06 - 0.04 = 0.02 or above 0.06 + 0.04 = 0.1. Since the normal distribution is symmetric, these probabilities are equal, which means that we can find one of them and multiply by 2.

Probability the proportion is below 0.02.

p-value of Z when X = 0.02. So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

By the Central Limit Theorem

[tex]Z = \frac{X - \mu}{s}[/tex]

[tex]Z = \frac{0.02 - 0.06}{0.0155}[/tex]

[tex]Z = -2.58[/tex]

[tex]Z = -2.58[/tex] has a p-value of 0.0049.

2*0.0049 = 0.0098

0.0098 = 0.98% probability that the sample proportion will differ from the population proportion by greater than 0.04

a Given: △CDE, DK ⊥ CE ,CD=DE Area of △CDE = 29cm2 m∠CDE=31° Find: DK

Answers

Answer:

DK = 10.23 units (approx)

Step-by-step explanation:

(DK * (CK + KE))/2 = 29

DK * CK = 29

180 - 31 = 149

149/2 = 74.5 --> degree of other angles

tan 74.5 = DK/CK

CK * tan 74.5 = DK

CK * CK * tan 74.5 = 29

CK = 2.83591462

2.83591462 * tan 74.5 = DK

DK = 10.22597776

So DK is approximately 10.23 units.

Hope this helps!

CHECK MY ANSWERS PLEASE
____
The sequence is geometric:
3, 13, 23, 33,...

True
False***
_____________________
The sequence is geometric:
5, -25, 125, -625,...

True***
False

Answers

Step-by-step explanation:

For a geometric sequence,

[tex]\dfrac{a_2}{a_1}=\dfrac{a_3}{a_2}[/tex]

1. The sequence is :

3, 13, 23, 33,...

[tex]\dfrac{13}{3}\ne \dfrac{23}{13}[/tex]

It is not geometric. It is false

2. The sequence is :

5, -25, 125, -625

[tex]\dfrac{-25}{5}=\dfrac{125}{-25}\\\\-5=-5[/tex]

So, the sequence is geometric as the common ratio is same. It is true.

Use the relationship among the three angles of any triangle to solve. Two angles of a triangle have the same
measure and the third angle is 27° greater than the measure of the other two. Find the measure of each angle.

Please help :)

Answers

Answer:

51°,51°,78°

Step-by-step explanation:

The sum of angles in a triangle add up to 180°

Please help me i will give you brainlest

Answers

Answer:

19. - 4/11

21. 14

Step-by-step explanation:

Im sorry but i can't solve 20

Please help on my hw, I'm not feeling good, and can't concentrate

Answers

Answer:

Solution given:

f(x)=x²

g(x)=x+5

h(x)=4x-6

now

23:

(fog)(x)=f(g(x))=f(x+5)=(x+5)²=x²+10x+25

24:

(gof)(x)=g(f(x))=g(x²)=x²+5

25:

(foh)(x)=f(h(x))=f(4x-6)=(4x-6)²=16x²-48x+36

26:

(hof)(x)=h(f(x))=h(x²)=4x²-6

27;

(goh)(x)=g(h(x))=g(4x-6)=4x-6+5=4x-1

28:

(hog)(x)=h(g(x))=h(x+5)=4(x+5)-6=4x+20-6=4x-14

please help! i need this ASAP!

Answers

Answer:

C. y=7/9x+17/9

Step-by-step explanation:

Take the slope. slope= m = y2-y1/x2-x1

=5-(-2)/4-(-5)

=7/9

Then put it into point-slope form.

y-y1=m(x-x1)

=y-5=7/9(x-4)

Simplify.

y=7/9x-28/9+5

y=7/9x+17/9

Answer:

C

Step-by-step explanation:

First find the slope (change in y/ change in x) which is positive 7/9.

Then use y=mx+b and plug in the slope, and one of the given points to solve for b.

5= 7/9*4+b

5=28/9+b

5-28/9=b

45/9-28/9=b

17/9=b

Then with the slope and y intercept(b) you get the equation shown in answer c.

Hope that helps!

Will give brainliest answer, there has to be two answers to give one of you the brainliest

Answers

Answer:

C

Step-by-step explanation:

[tex] ({8}^{ { - 9})^{ \frac{ - x}{9} } } [/tex]

when putting a power to another power, then these two powers are multiplied.

so, -9 × (-x/9) = (-9 × -x) / 9 = 9x/9 = x

so, this reduces to the original

[tex] {8}^{x} [/tex]

and therefore C is the right answer.

what is the product of ten and the sum of two and a number is five times the number

Answers

My answer is 60
Product means the result of a multiplication problem or more.
Sum is addition
So , 10+2=12•5=60

Algebraically show that each of the given combinations are equivalent to the given functions. f(x) – g() is
equivalent to m(x) given:
f(0)
= - 3x + 5; g(x)
- 5x – 7; m(x) = 2x + 12
f(x) – g(x) = (
=
Is f(x) – g(x) equivalent to m(x)? yes

Answers

Answer:

[tex]f(x) - g(x) = 2x + 12[/tex]

[tex]m(x) = f(x) - g(x)[/tex] --- True

Step-by-step explanation:

Given

[tex]f(x) = -3x + 5[/tex]

[tex]g(x) = -5x - 7[/tex]

[tex]m(x) = 2x + 12[/tex]

Solving (a): [tex]f(x) - g(x)[/tex]

From the given parameters, we have:

[tex]f(x) = -3x + 5[/tex]

[tex]g(x) = -5x - 7[/tex]

So:

[tex]f(x) - g(x)=-3x+5 + 5x + 7[/tex]

Collect like terms

[tex]f(x) - g(x) = 2x + 12[/tex]

Solving (b) m(x) = f(x) = g(x)?

In (a), we have:

[tex]f(x) - g(x) = 2x + 12[/tex]

And

[tex]m(x) = 2x + 12[/tex] --- given

By comparison:

[tex]m(x) = f(x) - g(x)[/tex]

For what values of the variable, do the following fractions exist: y^2-1/y+y/y-3

For what values of the variable, do the following fractions exist: b+4/b^2+7

For what values of the variable, do the following fractions exist: a/a(a-1)-1

PLEASE HELP NEED ANSWER ASAPPPP!!!! WILL GIVE BRAINLIEST TO FIRST CORRECT ANSWERRRR!!!

Answers

Answer:

Remember that the division by zero is not defined, this is the criteria that we will use in this case.

1) [tex]\frac{y^2 - 1}{y} + \frac{y}{y - 3}[/tex]

So the fractions are defined such that the denominator is never zero.

For the first fraction, the denominator is zero when y = 0

and for the second fraction, the denominator is zero when y = 3

Then the fractions exist for all real values except for y = 0 or y = 3

we can write this as:

R / {0} U { 3}

(the set of all real numbers except the elements 0 and 3)

2) [tex]\frac{b + 4}{b^2 + 7}[/tex]

Let's see the values of b such that the denominator is zero:

b^2 + 7 = 0

b^2 = -7

b = √-7

This is a complex value, assuming that b can only be a real number, there is no value of b such that the denominator is zero, then the fraction is defined for every real number.

The allowed values are R, the set of all real numbers.

3) [tex]\frac{a}{a*(a - 1) - 1}[/tex]

Again, we need to find the value of a such that the denominator is zero.

a*(a - 1) - 1 = a^2 - a - 1

So we need to solve:

a^2 - a - 1 = 0

We can use the Bhaskara's formula, the two values of a are given by:

[tex]a = \frac{-(-1) \pm \sqrt{(-1)^2 + 4*1*(-1)} }{2*1} = \frac{1 \pm \sqrt{5} }{2}[/tex]

Then the two values of a that are not allowed are:

a = (1 + √5)/2

a = (1 - √5)/2

Then the allowed values of a are:

R / {(1 + √5)/2} U {(1 - √5)/2}

Which expression is equivalent to the difference shown?

Answers

Answer:

Option A. -1/20x

Step-by-step explanation:

[tex] \frac{5x + 1}{5x} - \frac{4x + 1}{4x} [/tex]

[tex] = \frac{20x + 4x - 20x - 5x}{20x^{2} } [/tex]

[tex] = \frac{ - x}{20x^{2} } [/tex]

[tex] - \frac{1}{20x} [/tex]

Answered by GAUTHMATH

For the function, tell whether the graph opens up or opens down, identify the vertex, and tell whether the graph is wider, narrower, or the same width as the graph of y = |x|.

y = 2|x – 1| - 3



opens up, (1, 3), wider

opens up, (1, 3), narrower

opens up, (-1, -3), wider

opens up, (1, -3), narrower

Answers

Answer:

The answer is D, the last one.

9514 1404 393

Answer:

  (d)  opens up, (1, -3), narrower

Step-by-step explanation:

The factor of +2 multiplying the function tells you the graph is expanded vertically by a factor of 2. The parent function opens upward, and the positive sign on this expansion factor does not change that. The expansion means that y-values will be farther from the vertex for the same x-value distance from the vertex. This give the appearance of a narrower graph.

As always, the transformation ...

  f(x -h) +k

moves the vertex from (0, 0) to (h, k). Here, you have (h, k) = (1, -3), so that is the location of the vertex of the transformed function.

Greatest to least 2,250 2,700 2,450 2,500

Answers

Answer:

sorting;

2,7002,5002,450 2,250

greatest = 2,700

least = 2,250

HAVE A NİCE DAY

Step-by-step explanation:

GREETINGS FROM TURKEY ツ

greatest: 2,700
2,500
2,450
least: 2,250

3/8 + 1/4 + 1/2 - 2/3 =

Answers

Answer:

[tex]\frac{11}{24}[/tex]

Step-by-step explanation:

3/8 + 1/4 + 1/2 - 2/3

- > 1/4 =  2/8

3/8 + 2/8 + 1/2 - 2/3

5/8 + 1/2 - 2/3

- > 1/2 = 4/8

5/8 + 4/8 - 2/3

9/8 - 2/3

- > LCM of 8,3: 24

- > 9/8 = 27/24

- > 2/3 = 16/24

27/24 - 16/24

11/24

Hope this helps you.

A humanities professor assigns letter grades on a test according to the following scheme. A: Top 13% of scores B: Scores below the top 13% and above the bottom 60% C: Scores below the top 40% and above the bottom 23% D: Scores below the top 77% and above the bottom 8% F: Bottom 8% of scores Scores on the test are normally distributed with a mean of 70 and a standard deviation of 9.6. Find the minimum score required for an A grade. Round your answer to the nearest whole number, if necessary

Answers

Answer:

81

Step-by-step explanation:

Given data:

mean μ = 70.

standard deviation σ, 9.6.

P(Z < 1.123) = 0.13

z = 1.13

Use the z-score formula,

x = z×σ +μ

Substitute the values in the above equation.

x = 1.13 9.6 + 70 = 81

The minimum score required for an A grade is = 81

Helpi
Identify the domain of the function shown in the graph.

Answers

Answer:

D = all reals (or -7 to 7)

Step-by-step explanation:

If the line continues on for infinity, then the domain is all reals, or negative infinity to positive infinity. If the line ends on the graph that we can see, though, the domain would be [-7 , 7]

Domain is all real numbers

The office needs 6 new devices worth $7200. The order consists of new computers (C) which cost $1425 each and printers (P) which cost $750 each. How many of the new devices are computers and how many are printers?​

Answers

C + P = 6
C = -P + 6

750P + 1425C = 7200
750P + 1425(-P + 6) = 7200
750P - 1425P + 8550 = 7200
-675P = -1350
P = 2

C + 2 = 6
C = 4

Please explain the misleading

Answers

There are more compact cars (4*10 = 40) compared to trucks (2*10 = 20); however, the pictogram might make it appear that there are more trucks because the individual truck icon is larger compared to an individual compact car icon.

To anyone giving this image a quick glance, they may erroneously conclude that there are more trucks since their eye would notice the trucks first. Also, the person might think there are more trucks because bigger sizes tend to correspond to more proportion.

In real life, a truck is larger than a compact car, but the icons need to be the same size to have the figure not be misleading.

A very similar issue happens with the mid-size cars vs the compact cars as well. The three mid-size car icons span the same total width as the compact cars do, indicating that a reader might mistakenly conclude that there are the same number of mid-size cars compared to compact ones (when that's not true either).

Use the graph to find the y-intercept and axis of symmetry

Answers

Answer: (a) and (d)

Step-by-step explanation:

From the graph, vertex is at

Graph is same about the point [tex]x=2[/tex] . Therefore, axis of symmetry is the line [tex]x=2[/tex]

Y intercept is the place where curve intersect the Y-axis that is [tex](0,2)[/tex]

Option (a) and (d) are correct.

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