Suppose the prices of a certain model of new homes are normally distributed with a mean of 150,000. Use the 68-95-99.7 rule to find the percentage of buyers who paid between $149,000 and $151,000 if the standard deviation is $1000

Answers

Answer 1

The percentage of buyers is approximately 68.26% of buyers of new houses paid between [tex]$149,000[/tex] and [tex]$151,000[/tex] .

We are given that the prices of the new homes are normally distributed with a mean of [tex]$150,000[/tex] and a standard deviation of $1000.

Using the 68-95-99.7 rule, we know that: approximately 68% of the data falls within one standard deviation of the mean approximately 95% of the data falls within two standard deviations of the mean, approximately 99.7% of the data falls within three standard deviations of the mean.

In order to determine the proportion of customers who spent between $149,000 and , we must first determine the z-scores for these values:

z1 = (149,000 - 150,000) / 1000 = -1 z2 = (151,000 - 150,000) / 1000 = 1

Now, we can determine the proportion of data that falls between z1 and z2 using the z-table or a calculator. The region to the left of z1 is 0.1587, and the area to the left of z2 is 0.8413, according to the z-table. Thus, the region bounded by z1 and z2 is:

0.8413 - 0.1587 = 0.6826

We can get the percentage of consumers who spent between by multiplying this by 100% is  [tex]$149,000[/tex]  and [tex]$151,000[/tex]:

0.6826 x 100% = 68.26%

Therefore, the standard deviation of customers who paid between is [tex]$149,000[/tex] and [tex]$151,000[/tex]  for this model of new homes.

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Related Questions


17. A cereal company fills every box with 48 ounces of cereal. The company allows
each box of cereal to be within a tolerance of 0.5 ounces. What is an expression
for the actual weight of the boxes?

Answers

Answer:

47.5 ≤ 48 ≥ 48.5

Step-by-step explanation:

Answer:

47.5 < x < 48.5

Step-by-step explanation:

A box can have more than 47.5 ounces and less than 48.5 ounces.

47.5 < x < 48.5

You are saving money to buy a new video game. You already have $12, and each week you save another $5. Which expression can you use to represent the money you have after 'w' weeks?

Answers

Answer:yes 12 +5

Step-by-step explanation:Idrk

Answer:

12 + 5

Step-by-step explanation:

Your school club is selling hotdogs at a basketball game. The supplies cost $120. You charge $2.50 for each hotdog. Write a function you can use for finding the profit y for selling x number of hotdogs.

Answers

-120 + 2.50x

you lose 120 dollars on supplies, and every hotdog you sell you gain 2.50

What is the opposite of 56?What is the value of –(-4)?

Answers

Answer:

-56;+4

Step-by-step explanation:

56 oopposite is -56

-(-4)=+4

complete inequality for a graph

Answers

What graph? What do you mean i mean where who?

Interest of 200 million dollars 53% and 22 years will give brainliest to correct answer

Answers

Answer:

$2,313,150,687,166.22 is the interest accrued.

Step-by-step explanation:

Hope this helps

Answer:

$2,313,150,687,166.22 is the interest

Step-by-step explanation:

hope this helps.

Solve the inequality:
15 ≤ 3 − 2x

Answers

Divide both sides by  2

2.2      Subtract  6  from both sides

x ≤ -6

2.000 X  + 12.000  ≤  0

Answer: x ≤ -6

                 

b. -2 + 3x = -(x + 6)
Solve for x

Answers

Answer: x = -1

Work:

-(x + 6)
-x - 6


-2 + 3x = -x - 6

Put x to one side of the equation. This one will be on the left side. Add x to do so.

-2 + 4x = -6


Isolate x by adding 2.


4x = -4


Divide by 4 to isolate x for the final time.


x = -1

1. Show that
(10a + 5)^2 = 100a(a + 1) + 25,
for every a real number. How is this formula explaining the rule we have, to square a number
which ends in 5, such as
25^2 = 625, 35^3 = 1225, 105^2 = 11025^2, etc. ?

Answers

Answer:

 (10a+5)²= 100 a( a+1) + 25

Step-by-step explanation:

Explanation:-

Given

     (10a+5)²

By using (a+b)² = a² +2ab +b²

                   = (10a)²+ 2 × 10a× 5 + (5)²

                   = 100a² + 100a + 25

                   = 100 a( a+1) + 25

Find the lateral area of a rectangluar prism with ?

Answers

Answer:

40 Squared units

Step-by-step explanation:

[tex]A=2*2*4+2*2*6=40[/tex]

THIS IS A MULTIPLE CHOICE QUESTION!

Corey, Billy, and Shea own a house repair and update business. The number of hours that each person spent painting and doing repair work on the same house is listed below.
• Corey: 4.25 hours
• Billy: 7.75 hours
• Shea: 10.5 hours
They earned a total of $1,100 for the job and put 25% of the money earned in an account for future expenses. If they divide the money proportionally based on the number of hours each worked, how much money did Shea receive?
A.$385
B.$412.50
C.$413.33
D.$641.77
Please show ALL of your work.

Answers

Answer:

The correct answer is A. $385.

Step-by-step explanation:

Since Corey, Billy, and Shea own a house repair and update business, and the number of hours that each person spent painting and doing repair work on the same house is listed below.

• Corey: 4.25 hours

• Billy: 7.75 hours

• Shea: 10.5 hours

And since they earned a total of $ 1,100 for the job and put 25% of the money earned in an account for future expenses, to determine how much money Shea received if they divided the money proportionally based on the number of hours each worked is owed perform the following calculation:

1100 x 0.75 = 825

10.5 + 7.75 + 4.25 = 22.5

22.5 = 100

10.5 = X

10.5 x 100 / 22.5 = X

1050 / 22.5 = X

46.666 = X

825 x 0.4666 = X

384.99 = X

Therefore, Shea received $385.

Suppose the value of Young's modulus (GPa) was determined for cast plates consisting of certain intermetallic substrates, resulting in the following sample observations.

116.8 115.7 114.9 115.4 115.9

Required:
a. Calculate the deviations from the mean.
b. Use the deviations calculated in part (a) to obtain the sample variance (in GPa2).

Answers

Answer:

a) The deviations from the mean

|x-x⁻|  :   1.06       |-0.04 |       |-0.84 |     |-0.34 |     | 0.16  |  

b)

The variance of the sample      S² = 0.493

The standard deviation of the sample  S =√0.493 = 0.7021

Step-by-step explanation:

Step(i):-

Given that the sample observations

   x   :    116.8       115.7     114.9     115.4     115.9

Mean of the sample

                       = ∑ x/n

 Mean of sample x⁻  = [tex]\frac{116.8+115.7+114.9+115.4+115.9}{5}[/tex]

 Mean of sample x⁻ = 115.74        

Step(ii):-    

The deviations from the mean

|x-x⁻|  :  116.8-115.74       115.7-115.74   114.9-115.74  115.4-115.74   115.9-115.74

|x-x⁻|  :   1.06                 |-0.04 |               |-0.84 |         |-0.34 |             | 0.16  |  

|x-x⁻||²:    1.1236             0.0016             0.7056          0.1156             0.0256

The variance of the given sample observations

          S²  = ∑ (x-x⁻)² / n-1

         [tex]S^{2} = \frac{1.1236+0.0016+0.7056+0.1156+0.0256}{5-1} = 0.493[/tex]

The variance of the sample      S² = 0.493

The standard deviation of the sample  S =√0.493 = 0.7021

20 POINTS!! WILL GIVE BRAINLY!!

how much metal is needed to cast a cubical metal box with outer side 10 inches long if the thickness of its walls should be exactly 2 inches?

Answers

Answer:

Hello! :) have a good day!

It would take 784 cm³ of solid iron to make the box.

488 cubic inches of metal is required to cast a cube with outer side 10 inches long if the thickness of its walls should be exactly 2 inches

What is a cuboid?

A cuboid is a three-dimensional closed figure which has volume along with surface area.

The volume of a cuboid is the product of its length, width, and height.

The total surface area of a cuboid is 2(lw + wh + wl) and the lateral surface area is 2(l + w)×h.

We know the volume of a cuboid is side³.

Given, A cubical metal box with an outer side 10 inches long if the thickness of its walls should be exactly 2 inches.

So, (10 - 2) = 8 inches of the solid cube is hollow.

Therefore, The metal required is a solid cubical box with side of 8 inches subtracted from a solid cubical box with a side of 10 inches which is,

= 10³ - 8³.

= 1000 - 512.

= 488 cubic inches.

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Luis wants to buy a skateboard that usually sells for $79.08. All merchandise is discounted by 12%. What is the total cost of the skateboard if Luis has to pay a state sales tax of 6.75%. Round your intermediate calculations and answer to the nearest cent.

Answers

Answer:

$74.96

Step-by-step explanation:

$79.80 × 0.12 = 9.576 (discount)

$79.80 - $9.576 = $70.224

$70.224 × 0.0675 = 4.74012 (add for sales tax)

$70.224 + $4.74012 = $74.96412

Determine if the point (4, -3) is a solution
to the following system:
x - y = 4.
2x + y = 5
Determine if the point (4,-3) is a solution

Answers

Not a solution I believe.

A set of nine books is arranged in orderly fashion on a Shelf. Each book has 100 pages that is sheets of paper with printing on both sides making 900 pages in all. A work starting on the first page of the book eats through to the last page of the last book how many pages does the worm eat​

Answers

Answer:

1( first page of volume 1) + 900 (900 book of 100 pages) + 1 (last page of the book)


A flower bed has the shape of a rectangle 8 yards long and 3 yards wide. What is its area in square feet?

Answers

Answer:

the answer is 216 square feet because if you multiply 8 ×3=24 and 24×9=216.

Round The Following Number: 194,332.125

Answers

Answer:

The answer is 194000

Step-by-step explanation:

It is closer to 194000 than 195000

Multiply (3x +9)(2x - 5)​

Answers

[tex] {6x}^{2} + -15x + 18x -45[/tex]

hope that helped:)

Step-by-step explanation:

=(3x+9)(2x-5)

=3x(2x-5)+9(2x-5)

=6x²-15x+18x-45

=6x²+3x-45

hope it helps.

1) A number which has more than two
factors is called a
number.
O a) Prime Number
O b) Smallest Number
O c) Composite Number
O d) Biggest Number​

Answers

Answer:

C) Composite Number

Step-by-step explanation:

The composite number is one which has more than two factors.

eg:- 4,6,9,12,15 etc......

hope so it helped you

A gym teacher placed golf balls into 9
buckets so that each bucket had at least 15
balls. How many total golf balls are there?

Answers

your answer is at least 135
135 because you do 15*9 witch equals 135

please tell fast plzzzzzz​

Answers

Answer:

72 degrees

Step-by-step explanation:

let the ratio be 2x and 3x

2x + 3x =180° ( co interior angles )

5x = 180°

x = 180 ÷ 5

x = 36°

And the smaller angle = 2 × 36° = 72°

Write the fraction in lowest terms.
14/37

Answers

Answer:

14/37

Step-by-step explanation:

14/37 is already in the simplest form. It can be written as 0.378378 in decimal form (rounded to 6 decimal places).

Steps to simplifying fractions

Find the GCD (or HCF) of numerator and denominator

GCD of 14 and 37 is 1

Divide both the numerator and denominator by the GCD

14 ÷ 1

37 ÷ 1

Reduced fraction:

14/37

Therefore, 14/37 simplified to lowest terms is 14/37.

Rowan and Brody are both solving the equation 4x=12. Rowan is not sure what to do because he does not know a power of 4 that equals 12. Brody uses his calculator to graph y=4xand y=12 and find the point of intersection. Will Brody’s method work?

Answers

Answer:

Yes, the graph intersects around (1.7925,12), so 1.7925 is a good estimate of the solution to 4x=12.  

(1st one in TTM)

Answer:

a

Step-by-step explanation:

it was right

HELP!! Will mark brainliest!! Which of the following will have a remainder of 8 when divided by (x + 1)?

Answers

Answer:

D

Step by step explanation

Use synthetic division to solve. Final ending answer is [tex]3x^{2} +4x-9+\frac{8}{(x+1)}[/tex]

When 5 randomly selected people all have the same birth month of March.

Answers

Answer:

I know 4 people that are all really close friends and all have birthdays in march.

Step-by-step explanation:

Charlotte used a calculator to subtract.
She copied her answers from the display, but her teacher said her answers were wrong! Tell how Charlotte got each wrong answer.
1. 204.59 – 23.67 = 0.92

2. 936.4 – 15.85 = 77.79

3. 56.3 – 27.04 = 19.26

Answers

Answer:

Step-by-step explanation:

1.  She omitted the 0 from the minuend, entering 24.59 instead of 204.59

2. She misplaced the decimal point of the minuend, entering 93.64 instead of 936.4

3. She typed 4 instead of 5 in the minuend, entering 46.3 instead of 56.3

Write the sentence as an equation.

251 is equal to m reduced by 119

Answers

Answer: 251=m-119

Step-by-step explanation:

251=m-119 There is nothing to explain.

Let FICA tax rates be 7.65% on the first $127,200 of income from wages, and 1.45% on any income from wages in excess of $127,200. Her FICA tax is?

Answers

Answer:

The tax is split between employers and employees. They both pay 7.65% (6.2% for Social Security and 1.45% for Medicare) of their income to FICA, the combined contribution totaling 15.3%. The maximum taxable earnings for employees as of 2020 is $137,700.

Correct me if you want If its wrong

Write the system of equations in slope intercept form.
Show ALL of your work!
y + 2x = 0
2y = -2 - 6

Answers

2x+y=0
y=-4

(x is 2 y is -4)
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