The weekly amount of money spent on maintenance and repairs by a company was observed, over a long period of time, to be approximately normally distributed with mean $400 and standard deviation $20. How much should be budgeted for weekly repairs and maintenance so that the probability the budgeted amount will be exceeded in a given week is only 0.05

Answers

Answer 1

Answer:

$432.9

Step-by-step explanation:

The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given as:

[tex]z=\frac{x-\mu}{\sigma}\\\\where\ x=raw\ score, \mu=mean,\sigma=standard\ deviation[/tex]

Given that μ = $400, σ = $20

P(z > z*) = 0.05

P(z < z*) = 1 - 0.05 = 0.95

z* = 1.645

[tex]z=\frac{x-\mu}{\sigma} \\\\1.645=\frac{x-400}{20}\\\\x-400=32.9\\\\x=432.9[/tex]

Therefore $432.9 should be budgeted for weekly repairs and maintenance so that the probability the budgeted amount will be exceeded in a given week is only 0.05.


Related Questions

Find the inverse of the function.

Answers

Answer:

A) [tex]f^{-1}(n)= (n+2)^3[/tex]

Step-by-step explanation:

[tex]f(n) = \sqrt[3]{n} -2[/tex]

[tex]y = \sqrt[3]{n} -2[/tex]

[tex]y = n^{1/3}-2[/tex]

[tex]n = y^{1/3} -2[/tex]

[tex]n + 2 = y^{1/3}[/tex]

[tex]y = (n + 2) ^3[/tex]

[tex]f^{-1}(n) = (n + 2)^3[/tex]

Hope this helps!

Answer:

Option A

Step-by-step explanation:

f(n) =∛n-2

y= ∛n-2

Interchange y and n

n =∛y-2

Subtract -2 on both sides

n+2 = ∛y

both  both sides  to the 3rd power:

(n+2) to the 3rd power = y

Inverse :

f-1(n) =     (n+2) to the 3rd power  (option A)

Some parts of California are particularl earthquake prone. Suppose in one metropolitan area, 40% of all homeowners are insured against earthquake damage. Four homeowners are selected at random. Let X denote the number among the four who have earthquake insurance. Assume that the event of each homeowner having or not having insurance is independent.

Required:
a. Find the probability mass function of X?
b. What is the most likely value for X?
c. What is the probability that at least two of the four selected have earthquake insurance?

Answers

Answer:

Kindly check explanation

Step-by-step explanation:

Given that:

Percentage of insured home owners = 40% p = 0.4

Selecting 4 home owners (x) ;

x = 0, 1, 2, 3, 4

Using bernoulli;

nCx * p^x * (1 - p)^(n-x)

For X = 0

4C0 * 0.4^0 * 0.6^(4-0) = 0.1296

X = 1

4C1 * 0.4^1 * 0.6^(4-1) = 0.3456

X = 2

4C2 * 0.4^2 * 0.6^(4-2) = 0.3456

X = 3

4C3 * 0.4^3 * 0.6^(4-3) = 0.1536

X = 4

4C4 * 0.4^4 * 0.6^(4-4) = 0.0256

B.) The most likely value for X are 1 and 2 with probabilities of 0.3456 respectively.

C.) probability that atleast 2 of the 4 selected have earthquake insurance ;

P(X ≥ 2) = p(2) + p(3) + p(4)

P(X ≥ 2) = 0.3456 + 0.1536 + 0.0256

P(X ≥ 2) = 0.5248

Answer:

hope this photo helps. 1

Find the critical value ze necessary to form a confidence interval at the level of confidence shown below
C=0.81
Zc

Answers

Answer:

1.31

Step-by-step explanation:

solve the inequality -9 ≤ 7-8v cmon bro

Answers

Answer:

v  ≤  2

Step-by-step explanation:

A line y = mx +b passes through point (8, – 6) and is parallel to y = -x +4.
What is the value of b?

Answers

Answer:

b = 2

Step-by-step explanation:

Since the two lines are parallel, their slope is the same.

Slope = -1

The function: y = -x + b

Plug in the coordinate values to solve for b.

-6 = -8 + b

-6 + 8 = b

2 = b

b = 2

The cost of 5 pens is $140.50. What is the cost of 1 pen?

Answers

Answer:

28.1

Step-by-step explanation:

140.50/5

These are some expensive pens

Answer:

$28.1

Step-by-step explanation:

Divide

140.50 divided by 5 = 28.1

(That's an expensive pen)

Find the distance between E(5,3) and F(-4,3).

Answers

Answer:

3 - 3 = 0 units There is no distance, the points are in the same place.

Step-by-step explanation:

(4x)m+(5x+3)m+(5x+1)m=102
Find the sides of the triangle. Perimeter =102

Answers

Here is the set up:

Side 1 is 4x.

Side 2 is 5x + 3

Side 3 is 5x + 1

The perimeter is 102.

Perimeter = side 1 + side 2 + side 3

102 = 4x + 5x + 3 + 5x + 1

102 = 14x + 4

Take it from here.

random variables, probability distributions and expected value

A community festival organizes a fundraiser for their local park. They sold 25,000 tickets at $20 each. The grand prize is $5,000. There are two prizes valued at $2,000, three prizes valued at $1,000, five prizes of $500, and ten prizes of $100. What is the expected value of this raffle? Round to the nearest cent. Do not round until the final calculation.

Answers

Answer:

-19.38

Step-by-step explanation:

E(x)=4,980*1/25000+1,980*2/25,000+980*3/25,000+480*5/25,000+80*10/25,000-20*24,979/25,000

E(x)=0.1992+0.1584+0.1176+0.096+0.032-19.9832

E(x)= -19.38

Find the slope of (2,18) and (4,28)

Answers

5 is your answer because if you plot these on a graph you would know how many points there are in between them and there are 5

The endpoints of a side of rectangle ABCD in the coordinate plane are at A (3,9) and
B(5, 1). Find the equation of the line that contains the given segment.
The line segment is CD and point C is at (9,2).
The equation is

Answers

Answer:

y = - 4x + 38

Step-by-step explanation:

A(3, 9)

B(5, 1)

[tex]m_{AB}[/tex] = [tex]\frac{1-9}{5-3}[/tex] = - 4

CD║AB

C(9, 2)

y - 2 = - 4(x - 9)

y = - 4x + 38

PLS HELPPPPPPP CHECK THE PICTURE ABOVE PLS :((

Answers

Answer:

(6+7)

2^4

2^2

Step-by-step explanation:

Think of the order of operations or PEMDAS: Parentheses, exponents and roots, multiplication, addition, and subtraction. When solving an equation you use the order of PEMDAS.

You invite your friend to go to Peru. Tú invitas a tu amigo a ir a Perú. Tú invitan a tu amigo a ir a Perú. Tú invita a tu amigo a ir a Perú. Tú invitamos a tu amigo a ir a Perú.

Answers

•Choice A: Tú invitas a ti amigo a ir a Perú.

Answer:

its A

Step-by-step explanation:

Find two positive numbers whose product is 64 and whose sum is a minimum. (If both values are the same number, enter it into both blanks.) slader

Answers

Answer:

X = 8, y = 8

Step-by-step explanation:

This question is an optimization problem. Two equations are going to be needed here

n = x+y

P = xy

Such that 64 = xy

When we divide through by x we get:

y = 64/x

So that n becomes:

n = x + 64/x

n = x+64x^-1

We take derivative

n' = 1-64x^-2

When n' = 0 then a min|max occurs

0 = 1-64x^-2

Such that:

64/x² = 1

Divide through by x²

64 = x²

x = √64

x = 8

Remember y = 64/x

So,

Y = 64/8

Y = 8.

X = 8, y = 8

Thank you!

How would I do this?

-8 -x = x -4x

Answers

Answer:

71

Step-by-step explanation:

yw72wo9838388382828228

-24 = -8(5x-7) im confused

Answers

Answer:

x=2

Step-by-step explanation:

In order to solve the inequality, first simplify it. -8 (5x -7) can be simplified be distributing. Multiply -8 to each term.

-24 = -40x + 56  now you can solve it start by subtracting 56 on both sides

-80 = -40x now divide -40 on both sides

2=x

I hope this helps :)

have a nice day

n= 101
p= 0.24
p(0.20 < p <0.30) =

Answers

Answer:

N = 101

p = 0.24

p ( 0.2 ) < p < 0.3

Step-by-step explanation:

Solve for x
0.5(5−7x)=8−(4x+6)
x = ???

Answers

Hello!

0.5 (5 - 7x) = 8 - (4x+6)
2.5 - 3.5x = 8 - 4x + 6
2.5 - 3.5x = 2 - 4x
-3.5x + 4x = 2 - 2.5
0.5x = -0.5
X = -1

Your answer is x = -1. I hope this helps!

What is 414 divided by 15? SHOW YOUR WORK!!

Answers

Answer:

the answer would be 27.6.

Step-by-step explanation:

sorry for the horrible handwriting, hopefully u can understand this!!

Please solve for X and explain with steps

Answers

log₃(-2 tan(x)) = 1/2

Write both sides as powers of 3, and use the property [tex]b^{\log_ba}=a[/tex]:

[tex]3^{\log_3(-2\tan x)}=3^{\frac12}[/tex]

-2 tan(x) = √3

Then solve for x :

tan(x) = -√3 / 2

x = arctan(-√3 / 2) +

x = -arctan(√3 / 2) +

where n is any integer.

Please help !!!!!!!!!! , i don't know what to write.
Write a paragraph describing the business venture and what kind of algebra or other calculations and formulas might help someone in that endeavor. Also include ways in which the business might operate differently with those tools than without them.

Answers

Step-by-step explanation:

A business that offers services to people by providing many amusement and fun with gate fees

The algebraic equations to be used is the general linear equation

Y = MX + C

Where

Y = total income or money realised

M = rate or price rate

X = number of goods or services

C = flat rate or gate fees

The business can also operate differently by using exponential equation

A = P(1 + R%)^t

Where

A = profit

P = capital

R = rate

t = time

Hope this helps :D

The temperature drops from 7°F to -17°F. By how much did the temperature decrease?

Please respond!

Answers

Answer:

24 degrees

Step-by-step explanation:

Answer:

It dropped by 24 degrees

Step-by-step explanation:

Think of this as if it were on a number line. The distance between these two points would be 24.

Hope this helps! :)

if you ran 4 miles in 36 minutes how many minutes would you have to run in one mile?Explain

Answers

Answer:

9 minutes

Step-by-step explanation:

Twenty five more than twice a number is fifty five. What is the number?

Answers

Answer:

15

Step-by-step explanation:

15x2 = 30

30+25 = 55

Answer:

Step-by-step explanation:

Note all operations:

twenty-five more than → addition → +25twice a number → multiplication → ×2is fifty-five → equal to → =55

Create an equation, and make the unknown number be x. 25 is added to x multiplied by 2, which, in all, equals 55:

[tex]2x+25=55[/tex]

Now solve for x. Subtract 25 from both sides:

[tex]2x+25-25=55-25\\\\2x=30[/tex]

Divide both sides by 2:

[tex]\frac{2x}{2}=\frac{30}{2} \\\\x=15[/tex]

The number is equal to 15.

:Done

CHECK:

Insert the value of x to see if it is true:

[tex]2(15)+25=55\\\\30+25=55\\\\55=55[/tex]

This is true, so the value of x is also true.

LET ME KNOW IF I GOT THEM ALL RIGHT PLS

Answers

Answer:

I think so

Step-by-step explanation:

It’s 0 because they dove down and got it

GUYS, I GOTM 1MILLIO0N DOLARS IN THE STOCK MAARKAT HOW MUCH IS 1 MILLION DOLLARS IN NE GOTIABLE US CUERENCY CONVERTED TO RUSSIAN RUBELS????/// PLS ILL GIV BRANLEST!11

Answers

Hi! I believe your answer is 77,435,300.00 Russian Rubles, which is equivalent to 1,000,000 U.S. dollars. I hope this helps you! Good luck and have a great day. ❤️✨

Answer:

76,922,200.00 RUB

Step-by-step explanation:

wow how in the heck did you do that 0-o your rich dude pls explain how u did it T-T

Please help and explain.

Answers

Answer:

Domain: All real numbers greater than or equal to 1.

Step-by-step explanation:

Answer 1: -14 is not in the domain

Answer 2: 4 is included in the domain

Two opposite rays _____ form a line.

Answers

the answer is -
always

Answer:

always

Step-by-step explanation:

Annual sales for a small boutique were $863,000in 2010. Since then the sales have increased at a rate of 2.5% per year. Find the sales in 2018

Answers

Answer:

1,035,600

Step-by-step explanation:

since the rate sales increased 2.5% per year 8*2.5=20/100=0.2*863,000=172,600 and since we already are earning 863,000 so 863,000+172,600=1,035,600

Can someone help me with this?

Answers

Plug in 5 for x
4(5) = 4 * 5 = 20

Answer:

20

Step-by-step explanation:

4x. x=5

4*5 20

Hope this helps hit the crown :D

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So, it is best to avoid them at the beginning of a speech if possible, unless, of course, people need to get to know each other as part of your speech.Text icebreakers are one way to engage the audience.Seek the Wisdom of the AudienceAnother valuable way to include the audience and keep them engaged is to ask for audience input. By doing this, audiences actually contribute to the presentation. The easiest way to do this is to use some type of media displayed in the room, such as a transparency displayed on an overhead projector or a LCD-projector showing a document. Then, have audience members share ideas that you can type or write and display for all to see. For example, suppose your speech was about the history of the Summer Olympic Games. 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