Which statement correctly describes confidence level? A confidence level is the probability that a simple event will occur. A confidence level is a value that is added and subtracted from a given value to give an interval where something will likely happen. A confidence level is the probability that something will fall outside of a confidence interval. A confidence level is the probability that something will fall within a confidence interval.

Answers

Answer 1

The statement which correct describe "confidence-interval" is (d) confidence level is considered as probability that something will fall within "confidence-interval".

A "Confidence-Interval" is a statistical term used to describe the amount of uncertainty associated with a sample estimate. It refers to the percentage of all possible samples that can be expected to include the true population parameter being estimated.

For example, if a study reports a 95% confidence level, it means that 95% of all possible samples would contain the true population parameter. This can be considered as the probability that the estimate falls within a certain range or interval, called the confidence interval.

Therefore, option (d) is the correct statement.

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The given question is incomplete, the complete question is

Which statement correctly describes confidence level?

(a) A confidence level is the probability that a simple event will occur.

(b) A confidence level is a value that is added and subtracted from a given value to give an interval where something will likely happen.

(c) A confidence level is the probability that something will fall outside of a confidence interval.

(d) A confidence level is the probability that something will fall within a confidence interval.

Answer 2

Answer:

A confidence level is the probability that something will fall within a confidence interval.

Step-by-step explanation:

Plato/Edmentum

Which Statement Correctly Describes Confidence Level? A Confidence Level Is The Probability That A Simple

Related Questions

Drag tiles to fill in the blanks for o complete the experience that could be used to predict the number of possible outcomes

Answers

The first blank will be filled by Option A: Total Number of Possible Outcomes. The second blank will be filled by Option B: Number of Winners

How to explain the probability

Suppose that there are finite elementary events in the sample space of the considered experiment, and all are equally likely.

Then, suppose we want to find the probability of an event E.

= n(E) / n+S)

where favorable cases are those elementary events who belong to E, and total cases are the size of the sample space.

Thus, the first blank will be filled by Option A: Total Number of Possible Outcomes. The second blank will be filled by Option B: Number of Winners

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Drag tiles to fill in the blanks to complete the expression that could be used to predict the number of winners of a game. Tiles may be used once or not at all. A)Total Number of Possible Outcomes B)Number of Winners C)Number of Unfavorable Outcomes D)Number of Games P(event) = Number of Favorable Outcomes _________________________ ????????????????????????????? = ????????????????????????????? _________________________ 11 Total Number of Contestants

50 Points! Multiple choice Algebra question. State the number of real zeros for the function whose graph is shown. Photo attached. Thank you!

Answers

The number of real zeros for the function whose graph is shown include the following: D. 0.

What is a polynomial function?

In Mathematics and Geometry, a polynomial function can be defined as a mathematical expression which comprises intermediates (variables), constants, and whole number exponents with different numerical value, that are typically combined by using mathematical operations.

This ultimately implies that, a polynomial graph touches the x-axis at real zeros, roots, solutions, x-intercepts, and factors with even multiplicities.

In this context, we can reasonably and logically deduce that the real zeros of a polynomial function are all of the values (x-intercepts) on the x-coordinate that makes this polynomial function equal to zero and it is non-existent on the graph above.

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Graph the function f(x) = 14(0.87)x. Does this function show growth or decay? What is the equation of the asymptote? Growth; y = 0 Growth; y = 14 Decay; y = 0 Decay; y = 14

Answers

The truth statements about the function f(x) = 14(0.87)^x is Growth; y = 0

Does the function show growth or decay?

From the question, we have the following parameters that can be used in our computation:

f(x) = 14(0.87)^x

An exponential function is represented as

y = ab^x

Where

a = initial value

b = growth/decay factor

In this case, the exponential function is a decay function

This means that

The value of b is less than 1 i.e.

b = 0.87 and 0.87 < 1

Hence, the function is a decay function

What is the equation of the asymptote?

Recall that

f(x) = 14(0.87)^x

So, we have

y = 0 as the the equation of the asymptote

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QUESTION 1
Joe's Pizza Company faces a demand for its pizzas which obeys the "law of demand." This means if Joe lowers the price he charges
per pizza
His profit will rise.
He will sell more pizzas.
His profit will fall.
He will sell fewer pizzas.

Answers

If Joe lowers the price he charges per pizza, he will sell more pizzas. option B

Why would he sell more?

To sell more pizza, Joe must decrease the price he charges per unit. The law of demand dictates that when a product's cost decreases, its quantity demanded rises resulting in an increased sales volume.

It follows then that if Joe reduces his pizza prices more people will be inclined to purchase it creating this increase in sales . Nonetheless, whether Joe’s profit will rise or diminish depends on the extent of the rise in sales compared to the lowering of the price.

Even if there is a reduction in the price of every pizza, if the resultant sales volume is significant enough, Joe’s profit margin could still experience a positive turn.

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Jennifer deposits money into a bank account. The amount of money in her account is measured in dollars, and can be modelled by the function A(m)= 1750(1.025)^m, where m is the number of months since the initial deposit.

What is the percent change in Jennifer's account balance each month? Is it increasing or decreasing? Justify answer.

Answers

a) The percent change in Jennifer's account balance each month is 2.5%.

b) Based on the future value function, A(m)= 1750(1.025)^m, the account balance is increasing because the growth factor is 1.025 and not less than 1.

What is a growth function?

A growth function is a mathematical equation that shows a constant rate in increase or growth in value of the dependent variable.

A growth function is modeled by a growth factor greater than 1 while a decay function shows a decay.

Percentage change = 2.5% (1.025 - 1)

2.5% = 2.5 ÷ 100 = 0.025

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100 Points!!! Algebra question. Use synthetic substitution to find f(-3) and f(4) for 3x^4-4x^3+3x^2-5x-3. Please show as much work as possible. Photo attached. Thank you!

Answers

The mapping of the function f(x) given as 3x⁴ - 4x³ + 3x² - 5x - 3 is define at;

-3, f(-3) = 390 and at 4, f(4) = 537

What is a function

A function is a rule that defines a relationship between one variable. It is the mapping whose codomain is the set of real numbers

By substitution:

For x = -3;

f(-3) = 3(-3)⁴ - 4(-3)³ + 3(-3)² - 5(-3) - 3

f(-3) = 3(81) + 4(27) + 3(9) + 15 - 3

f(-3) = 243 + 108 + 27 + 15 - 3

f(-3) = 390

For x = 4;

f(4) = 3(4)⁴ - 4(4)³ + 3(4)² - 5(4) - 3

f(4) = 3(256) - 4(64) + 3(16) - 20 - 3

f(4) = 768 - 256 + 48 - 20 - 3

f(4) = 537

Therefore, the mapping of the function f(x) = 3x⁴ - 4x³ + 3x² - 5x - 3 for the values of x: -3 and 4 we have the results 390 and 537 respectively.

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tamara plays video games for the same amount of time each day. in 4 days she played video games for 48 minutes in 9 days how many minutes did she play video games

Answers

Answer:

Step-by-step explanation:

Its simple, you need to find x

4 days the same amount of time (x) gives 48 min
4x = 48

x = 48/4

x = 12

then to get the amount of minutes in 9 days it would be:

9x=days

9(12)=108

the answer would be 108 min

Answer:

108 mins

Step-by-step explanation:

48 mins/4 days = x mins/9 days

4x= 432

x=108 mins

The whole page Tysm plsssssss step by step btw

Answers

The sum of all the pets in the list is 11.

The average number of pets that the students own is 1.375.

How to calculate the sum

It should be noted that to find the sum of all the pets in the list, we simply add up all the values:

0 + 1 + 2 + 3 + 1 + 2 + 0 + 2 = 11

Therefore, the sum of all the pets in the list is 11.

Since Cameron asked eight of his classmates, we divide the sum of pets by 8 to find the mean:

11 ÷ 8 = 1.375

Therefore, the average number of pets that the students own is 1.375.

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The measures of center can be used to summarize the number of pets that students own. Cueton asked eight of his classmates how many pets they own. The results are listed below.

0  1  2  3  1  2  0  2

What is The sum of all the pets in the list

What is the average number of pets that the students own


This is so hard. Can you help me with this?

Answers

Answer: 70, 6

Step-by-step explanation:

(a)  For <F  that is the same as <D.  The image has little hash marks to indicates the sides across from those angles are the same; therefore, the angles are the same

All of the angles are = 180   if you subtract <E, you are left with 140 to be split between <F and <D

<F= 70

(b) all of the sides are the same because all the angles are the same

so AB=6

Create a matrix for this linear system: 3x+2y+z = 26 X-4y = -11 2x+z = 13 The determinant of the coefficient matrix is _______. x = y = z =

Answers

Answer:

[tex]\mathrm{Matrix \: Form:}[/tex]
[tex]\begin{pmatrix}3&2&1\\ 1&-4&0\\ 2&0&1\end{pmatrix}\begin{pmatrix}x\\ y\\ z\end{pmatrix} = \begin{pmatrix}26\\ -11\\ 13\end{pmatrix}[/tex]

[tex]\mathrm{Determinant\; of \;coefficient \;matrix = - 6}[/tex]

Step-by-step explanation:

The system of linear equations provided in the question:
[tex]\begin{aligned}3x+2y+z &= 26\\ x-4y&=-11\\ 2x+z&=13\\\\\end{aligned}[/tex]

can be represented in matrix form as

[tex]\begin{pmatrix}3&2&1\\ 1&-4&0\\ 2&0&1\end{pmatrix}\begin{pmatrix}x\\ y\\ z\end{pmatrix} = \begin{pmatrix}26\\ -11\\ 13\end{pmatrix}[/tex]

The coefficient matrix is
[tex]\begin{pmatrix}3&2&1\\ 1&-4&0\\ 2&0&1\end{pmatrix}[/tex]

The determinant of this matrix can be obtained by the expansion formula:
[tex]\det \begin{pmatrix}a&b&c\\ \:d&e&f\\ \:g&h&i\end{pmatrix}=a\cdot \det \begin{pmatrix}e&f\\ \:h&i\end{pmatrix}-b\cdot \det \begin{pmatrix}d&f\\ \:g&i\end{pmatrix}+c\cdot \det \begin{pmatrix}d&e\\ \:g&h\end{pmatrix}[/tex]

Therefore
[tex]det \begin{pmatrix}3&2&1\\ 1&-4&0\\ 2&0&1\end{pmatrix}[/tex]

[tex]= 3\cdot \det \begin{pmatrix}-4&0\\ 0&1\end{pmatrix}-2\cdot \det \begin{pmatrix}1&0\\ 2&1\end{pmatrix}+1\cdot \det \begin{pmatrix}1&-4\\ 2&0\end{pmatrix}[/tex]

[tex]\mathrm{Find\:the\:matrix\:determinant\:according\:to\:formula}:\quad \det \begin{pmatrix}a\:&\:b\:\\ c\:&\:d\:\end{pmatrix}\:=\:ad-bc[/tex]

[tex]\det \begin{pmatrix}-4&0\\ 0&1\end{pmatrix} = \left(-4\right)\cdot \:1-0\cdot \:0 = -4[/tex]

[tex]\det \begin{pmatrix}1&0\\ 2&1\end{pmatrix} = 1\cdot \:1-0\cdot \:2 = 1[/tex]

[tex]\det \begin{pmatrix}1&-4\\ 2&0\end{pmatrix} = 1\cdot \:0-\left(-4\right)\cdot \:2 =8[/tex]

Finally,
[tex]det \begin{pmatrix}3&2&1\\ 1&-4&0\\ 2&0&1\end{pmatrix}\\\\\\ = 3\cdot \det \begin{pmatrix}-4&0\\ 0&1\end{pmatrix}-2\cdot \det \begin{pmatrix}1&0\\ 2&1\end{pmatrix}+1\cdot \det \begin{pmatrix}1&-4\\ 2&0\end{pmatrix}\\\\\\= 3\left(-4\right)-2\cdot \:1+1\cdot \:8\\\\= -12 - 2 + 8\\\\= -6[/tex]

Write a​ slope-intercept equation for a line passing(3,-2) through the point that is parallel to the line 3X+4Y= 9. Then write a second equation for a line passing through the point (3,-2) that is perpendicular to the line 3X+4Y= 9.

Answers

First, to write the slope-intercept equation for a line passing through (3, -2) that is parallel to the line 3X + 4Y = 9, we need to find the slope of the given line. We can rewrite the line equation in slope-intercept form:

4Y = -3X + 9

Y = (-3/4)X + 9/4

The slope of this line is -3/4. Since the line we want is parallel to this line, it will have the same slope. We can use the point-slope form of a line to write the equation:

Y - (-2) = (-3/4)(X - 3)

Simplifying this equation, we get:

Y = (-3/4)X + 7/2

This is the slope-intercept equation for the line passing through (3, -2) that is parallel to the line 3X + 4Y = 9.

Next, to write the equation for a line passing through (3, -2) that is perpendicular to the line 3X + 4Y = 9, we again need to find the slope of the given line. We can rewrite the line equation in slope-intercept form:

4Y = -3X + 9

Y = (-3/4)X + 9/4

The slope of this line is -3/4. Since the line we want is perpendicular to this line, it will have a slope that is the negative reciprocal of -3/4. The negative reciprocal is 4/3. We can use the point-slope form of a line to write the equation:

Y - (-2) = (4/3)(X - 3)

Simplifying this equation, we get:

Y = (4/3)X - 2/3

This is the slope-intercept equation for the line passing through (3, -2) that is perpendicular to the line 3X + 4Y = 9
:)!

Assignments...
Library Search
Khan Academy
Estimate the solution to the system of equations.
You can use the interactive graph below to find the solution.
fy=
=−x+2
Get Al Guide
y = 3x -4
Donate

Answers

The solution of the given system of equations is (1, 2.5)

How to explain the equation

From the graph attached, it van be seen that two intersecting lines represent the system of equations.

And the solution of the system of equations is a common point where these lines intersect.

The graph shows both the line are intersecting each other at (1, 2.5).

Therefore, the solution of the given system of equations will be (1, 2.5).

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The data set shown below represents the distribution of daily high temperatures in a city for 8 days.

79
,

73
,

72
,

70
,

72
,

66
,

81
,

75
79, 73, 72, 70, 72, 66, 81, 75

What is the median high daily temperature, in degrees Fahrenheit, in the city?

Answers

For the given data set of temperatures, the median temperature is 72.5 degree Fahrenheit.

In order to find the median temperature, we first need to arrange the temperatures in order from lowest to highest:

The temperatures arranged in order is : {66, 70, 72, 72, 73, 75, 79, 81}

There are 8 temperatures in total, which is an even-number, so the median will be the average of fourth and fifth day temperature.

In this case, the temperature of the fourth day is 72, and fifth day is 73,

The average will be = (72+73)/2 = 72.5,

Therefore, the median high daily temperature in the city is 72.5 degrees Fahrenheit.

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The given question is incomplete, the complete question is

The data set shown below represents the distribution of daily high temperatures in a city for 8 days.

79,73,72,70,72,66,81,75.

What is the median high daily temperature, in degrees Fahrenheit, in the city?

P(JIK) = 0.35, P(KJ) = 0.95, P(K) = 0.3
What is P(J)?
O 0.1105
O 0.8143
O 0.8895
O 0.1857

Answers

The conditional value probability is solved and P ( J ) = 0.1105

Given data ,

P(JIK) = 0.35, P(KJ) = 0.95, P(K) = 0.3

We can use Bayes' theorem to find P(J):

P(J | K) = P(K | J) * P(J) / P(K)

0.35 = 0.95 * P(J) / 0.3

0.35 * 0.3 = 0.95 * P(J)

0.105 = 0.95 * P(J)

P(J) = 0.105 / 0.95

P(J) = 0.1105

Hence , the probability is P ( J ) = 0.1105

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Jaswat set out to walk a distance of 12 Km. After walking for 1 1/2 hours at a speed of
6 Km/h, he had to slow down to steady pace of 4 Km/h , which he maintained till the
end of the journey. How long did he take to complete the journey?

Answers

Answer: 2 hours 15 minutes

Step-by-step explanation:

To solve this problem, we need to use the formula:

distance = speed x time

First, let's calculate the distance Jaswat covered in the first 1 1/2 hours:

distance = speed x time

distance = 6 Km/h x 1.5 h

distance = 9 Km

So, Jaswat covered 9 Km in the first 1 1/2 hours. He still had to cover 12 Km - 9 Km = 3 Km.

Now, we need to calculate the time Jaswat took to cover the remaining 3 Km at a speed of 4 Km/h:

distance = speed x time

3 Km = 4 Km/h x time

time = 3 Km / 4 Km/h

time = 0.75 hours = 45 minutes

Therefore, Jaswat took 1 1/2 hours + 45 minutes = 2 hours 15 minutes to complete the journey.

A research study indicated a negative linear relationship between two variables: the number of hours per week spent exercising (exercise time) and the number of seconds it takes to run one lap around a track (running time). Computer output from the study is shown below.

Assuming that all conditions for inference are met, which of the following is an appropriate test statistic for testing the null hypothesis that the slope of the population regression line equals 0 ?

Answers

The appropriate statistic for testing the null hypothesis is given as  D (-2.20/0.07)

How tp get the statistic

Coefficient for slope variable (Exercise time) = -2.20

Standard error of coefficient = 0.07

Therefore, the test statistic value to verify whether or not there is an apparent slope on a population regression line can be estimated as follows.

Test statistic = Coefficient for slope variable/Standard error of coefficient = -2.20/0.07

Therefore its correct answer is D (-2.20/0.07)

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Find the next three numbers in the pattern: 2,0,6,−4,10,−8,

Answers

The next "three-umbers" in the pattern "2,0,6,-4,10,-8,..." are 14, -12, and 18.

To find the next three numbers in the pattern 2, 0, 6, -4, 10, -8, we need to analyze the pattern and identify the rule for it.

The pattern seems to be alternating between adding and subtracting the "odd-multiples" of 2.

The pattern is as follows : 2 - (2×1) = 0,

0 + (2×3) = 6,

6 - (2×5) = -4,

-4 + (2×7) = 10,

10 - (2×9) = -8,

Using this rule, we can find the next three numbers in the pattern as follows:

Add 22 because : -8 + (2×11) = 14,

Subtract 26 because : 14 - (2×13) = -12,

Add 30 , because : -12 + (2×15) = 18,

Therefore, the next three numbers in the pattern are 14, -12, and 18.

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ibrahim drew the graph below.
which of the following statements best describes the graph?

Answers

Answer:

B

Step-by-step explanation:

This is a linear function.

:D

If angle 3=61, what should angle 1 and angle 2 be?

Answers

Answer:

Step-by-step explanation:

so the entire angle sum is 180 degrees then subtract 61 from 180 and divide by 2. hope it helps :)

You want to determine the number of students in your school who have visited a public library. You survey 30 students at random. Twenty-four have visited a public library, and six have not. So, you conclude that 80% of the students in your school have visited a public library.

Determine whether the conclusion is valid

Answers

Answer: e

Step-by-step explanation:

Answer:Valid

Step-by-step explanation:

The lodge has 420 skis. Predict the number of skis that are likely to be defective.

Answers

A ski lodge inspects 80 skis and discovers four that are faulty. The skis that are likely to be defective are 21.

It is assumed that there are 80 skis, four of which are faulty.

As a result, the total number of outcomes is 80.

Positive outcomes = 4

Let [tex]E_{1}[/tex] represent the event of selecting a faulty. As a result, the likelihood of selecting a defective ski is expressed mathematically as follows.

[tex]E_{1}[/tex] = Favorable case of defective / Total number of skis

= 4 / 80

= 1 / 20

=0.05

Skis will be discovered in 5% of cases.

So, the event of choosing a defective is 4 / 80.

If the total number of skis is 420, then the number of defective skis will be:

4 / 80 × 420

= 1/20 × 420

= 21

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Correct question:

A ski lodge inspects 80 skis and finds 4 to be defective. The lodge has 420 skis. Predict the number of skis that are likely to be defective.

Please reply me as soon as possible with step by step answer for this

Answers

The length of the curve y = 5 - 4x, -2 ≤ x ≤ 2, is 4√(17).

What is the length of the curve?

To use the arc length formula, we need to find the derivative of the curve y = 5 - 4x:

y' = -4

Then, we can use the arc length formula:

L = ∫[a,b] √(1 + (y')^2) dx

where a and b are the limits of integration. In this case, a = -2 and b = 2.

L = ∫[-2,2] √(1 + (-4)^2) dx

= ∫[-2,2] √(17) dx

= √(17) * [x]_(-2)^(2)

= 4√(17)

So the length of the curve y = 5 - 4x, -2 ≤ x ≤ 2, is 4√(17).

To check this answer, we can note that the curve is a line segment with endpoints (-2, 13) and (0.75, 1), and we can calculate its length using the distance formula:

L = √((0.75 - (-2))^2 + (1 - 13)^2)

L = √(18.25 + 144)

L = √(162.25)

L = 4√(17)

This matches our previous answer, so we can be confident that the length of the curve is 4√(17).

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If $4,500 is invested at an interest rate of 5.25% per year, compounded continuously, find the value of the investment after the given number of years. (Round your answers to the nearest cent.)

(a) 4 years

(b) 8 years

(c) 12 years

Answers

a) The value of the investment after 4 years is $5,544.90.

b) The value of the investment after 8 years is $6,849.42.

c) The value of the investment after 12 years is $8,453.35.

The formula for calculating the value of an investment that is compounded continuously is given by:

A = [tex]Pe^{(rt)[/tex]

where A is the final value of the investment, P is the initial investment amount, e is the mathematical constant approximately equal to 2.71828, r is the annual interest rate expressed as a decimal, and t is the time period in years.

(a) To find the value of the investment after 4 years, we can substitute the given values in the formula as follows:

A = 4500[tex]e^{(0.05254)[/tex]

A = 4500[tex]e^{0.21[/tex]

A = 45001.2322

A = $5,544.90

(b) To find the value of the investment after 8 years, we can substitute the given values in the formula as follows:

A = 4500[tex]e^{(0.05258)[/tex]

A = 4500[tex]e^{0.42[/tex]

A = 45001.5221

A = $6,849.42

(c) To find the value of the investment after 12 years, we can substitute the given values in the formula as follows:

A = 4500[tex]e^{(0.052512)[/tex]

A = 4500[tex]e^{0.63[/tex]

A = 45001.8785

A = $8,453.35

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what is the measure of an angle if it is 590 less than six times its own supplement

Answers

This is a word problem involving supplementary angles. To solve it, we need to follow these steps:

Identify the given information and the unknown quantity. In this problem, we are given that an angle is 590 less than six times its own supplement. The unknown quantity is the measure of the angle.

Write an equation that relates the given information and the unknown quantity. We can use the fact that supplementary angles are two angles with a sum of 180°1. Let x be the measure of the angle. Then its supplement is 180 - x. The equation is:

x=6(180−x)−590

Solve the equation for the unknown quantity. We can simplify and rearrange the equation to get:

xx7xxx​=6(180−x)−590=1080−6x−590=490=7490​=70​

Therefore, the measure of the angle is 70°.

What is the measure (in radians) of central angle θ in the circle below?

Enter an exact expression. (in radians)

HELP NEEDED ASAP

Answers

The measure (in radians) of central angle θ in the circle below is π/3.

We have,

radius = 3 cm

Arc length = π

We can use the formula relating the arc length (s) to the central angle (θ) and radius (r) of a circle:

s = r Ф

Now,

π = 3 x Ф

Ф = π/3

Thus,

The measure (in radians) of central angle θ in the circle below is π/3.

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2. If 15% of the first digit equals 21% of the second digit, then what percentage of the second digit equals 25% of the first digit?

Answers

Answer:

35%

(I replaced the 1st digit by a and the second digit by b)

the set of five number each of which is divisble by 3

Answers

Answer:

Here's a set of five numbers, each of which is divisible by 3:

{ 3, 6, 9, 12, 15 }

All the numbers in this set are multiples of 3, so they are all divisible by 3.

A map shows the vertices of a campsite are (25,10), (25,-5), (-5,-5), and (-5,10). The vertices of your tent are (0,-3), (0,6), (10,6), and (10,-3). The coordinates are measured in feet. What percent of the campsite is not covered by your tent?

Answers

The percent of the area that is not covered is 80 percent

How to calculate the area that is not covered

In mathematics area is defined as the absolute or total space that an object or shape occupies. It is usually measured using centimeters, cm ² square or the use of meter square m ².

area of tent

= (10 - 0) * (6 - (-3))

= 90

The area of the campsite would be:

(25 - (-5) x (10 - (-5))

= 450

Then the area would be 450 - 90

= 360

the percentage that is not covered by tent = 360 / 450 x 100

= 80 percent

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9. Economists in the country of Flatland, a closed economy, have collected the following information about their economy for a particular year: Y=15,000; C=9,000; T=3,000; G=3,600. The economists also estimate that the investment function is I=3,900-100r, where r is the country’s real interest rate, expressed as a percentage.

Calculate private saving, public saving, national saving, investment, and the equilibrium real interest rate. Does the government of Flatland have a budget surplus or budget deficit?

Answers

Answer:

Private saving (Sprivate) is equal to disposable income minus consumption:

Sprivate = Y - T - C = 15,000 - 3,000 - 9,000 = 3,000

Public saving (Spublic) is equal to government revenue minus government spending:

Spublic = T - G = 3,000 - 3,600 = -600

National saving (S) is equal to the sum of private and public saving:

S = Sprivate + Spublic = 3,000 - 600 = 2,400

Investment (I) is given by the investment function:

I = 3,900 - 100r

Equating investment to national saving gives:

I = S

3,900 - 100r = 2,400

Solving for r:

r = 15%

Therefore, the equilibrium real interest rate is 15%.

Substituting r = 15% into the investment function gives:

I = 2,400

Therefore, investment is 2,400.

Finally, to determine if the government has a budget surplus or deficit, we need to calculate the government's budget balance, which is equal to government revenue minus government spending:

Budget balance = T - G = 3,000 - 3,600 = -600

Since the budget balance is negative, the government of Flatland has a budget deficit.

Which choice is the correct graph of |x|< 3

Answers

The graph that shows the solution set for the given inequality is the one in option B.

Which one is the graph of the given inequality?

Here we want to identify the graph of the inequality:

|x| ≤ 3

So, the absolute value of x is smaller or equal to 3, that means that the graph of the solution set is a segment whose endpoints are closed circles at x = -3 and x = 3.

(We use closed circles because these values are also solutions for the inequality).

With that in mind, we can see that the correct option in this case will be graph B.

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