The accumulated depreciation is $16,000 and the book value at December 31, 2018, would be $29,000 ($45,000 - $16,000). Therefore, the correct answer is option C: $16,000 and $24,000.
Using the sum-of-the-years-digits method, depreciation for the first year (2018) is calculated as follows:
Step 1: Determine the total number of years of useful life of the machine. In this case, it is four years.
Step 2: Calculate the sum of the digits of the useful life of the machine. This is done by adding the digits 1 to 4, which gives a total of 10.
Step 3: Determine the fraction to be used in each year's depreciation. For the first year, the fraction is 4/10 or 40% (the remaining fractions for the next three years would be 3/10, 2/10, and 1/10 respectively).
Step 4: Calculate the depreciation expense for 2018 by multiplying the depreciable base (which is the cost of the machine minus the residual value) by the fraction for the first year. In this case, the depreciable base is $40,000 ($45,000 - $5,000) and the depreciation expense for 2018 is $16,000.
Step 5: Calculate the book value of the machine at the end of 2018 by subtracting the accumulated depreciation (which is the sum of the annual depreciation expenses) from the cost of the machine. In this case, the accumulated depreciation is $16,000 and the book value at December 31, 2018, would be $29,000 ($45,000 - $16,000).
Therefore, the correct answer is option C: $16,000 and $24,000.
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The sum of two numbers is 60 and the difference is 12. What are the numbers?
Answer:
Y=24 X=36
Step-by-step explanation:
Sum of two numbers =60
x + y=60
difference of two numbers=12
x - y=12
adding above two equations, we get
x=36 and y= 24
Answer:
Step-by-step explanation:
Convert to a set of algebraic equations:
x+y=60,
y-x=12
Make y in terms of x:
y-x=12
y=12+x
Plugin y in terms of x to x+y=60:
x+12+x=60
Simplify to find x:
2x=60-12
2x=48
x=24
Find y based on x:
x+y=60
plugin 24 to x:
24+y=60
y=60-24
y=36
Check with the second equation:
36-24=12
The function works
x=24, y=36
Jason drove his car 5.5 miles and used 0.2 gallons of gas. How many miles did Jason drive per gallon of gas?
Answer: 2.75
per 0.1 gall
Graph the line with slope 3 passing through the point (1, 3).
Answer:
y = 3(x-1) + 3
This is because the 1 equals h in this equation and 3 equals k, which will give you the point (1,3)
O'neil cinema charges $10.50 for each adult and $8.50 for each child. If the total amount in ticket revenue one evening was $3136 and if there were 56 more children than adults, how many children attended?
Answer:
196 children
Step-by-step explanation:
adults=x
children=y
10.5x+8.5y=3136
x+56=y
x=140, y=196
A scale that allows us to rank individuals or objects, but not to say anything about the meaning of the differences between the ranks, is a(n)?
A scale that allows us to rank individuals or objects, but not say anything about the meaning of the differences between the ranks, is an ordinal scale.
What is an ordinal scale?An ordinal scale is one that allows us to rank individuals or objects without saying anything about the significance of the differences between the ranks. The ordinal scale is the second level of measurement that reports data ranking and ordering without determining the degree of variation between them. Cases in the same class are regarded as equivalent. Movie ratings, political affiliation, military rank, and other variables that use ordinal scales are examples."Movie ratings" is an example of an ordinal scale. Students in a class, for example, could rate a movie using the scale below.Therefore, a scale that allows us to rank individuals or objects, but not say anything about the meaning of the differences between the ranks, is an ordinal scale.
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four cards are drawn from a deck without replacement. find the probability all cards are black cards.
The probability that all four cards drawn from a deck are black cards is 1/4165.
There are 26 black cards and 52 cards in a standard deck of cards. Therefore, the probability of drawing a black card from a standard deck of cards is 26/52 or 1/2. In the first draw, there are 26 black cards out of 52 cards, so the probability of drawing a black card is 26/52.
In the second draw, there are 25 black cards left out of 51 cards, so the probability of drawing a black card is 25/51. In the third draw, there are 24 black cards left out of 50 cards, so the probability of drawing a black card is 24/50. In the fourth draw, there are 23 black cards left out of 49 cards, so the probability of drawing a black card is 23/49.
Using the multiplication principle of probability, the probability that all four cards drawn from a deck are black cards is 26/52 × 25/51 × 24/50 × 23/49 = 1/4165.
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The total amount of money saved in
dollars by Jerod and Janine is below,
where w represents the number of
weeks they have been saving.
Jerod: 64 + 8W
Janine: 92 +6w
How many weeks does it take for Jerod
and Janine to have the same amount
average adult can hear sounds with
equencies between 20 waves per second and
6,000 waves per second. What is the
avelength, in meters, of a sound wave with a
equency of 20 waves per second?
The wavelength of a sound wave with a frequency of 20 Hz is approximately 17.15 meters.
The wavelength, in meters, of a sound wave with a frequency of 20 waves per second can be calculated using the formula: wavelength = speed of sound / frequency. The speed of sound in air at room temperature is approximately 343 meters per second. Therefore, the wavelength can be calculated as follows:
wavelength = 343 m/s / 20 Hz
wavelength = 17.15 meters
So the wavelength of a sound wave with a frequency of 20 waves per second is 17.15 meters. To find the wavelength of a sound wave with a frequency of 20 Hz, you can use the formula:
Wavelength = Speed of sound / Frequency
The speed of sound in air is approximately 343 meters per second (m/s). So, for a frequency of 20 Hz:
Wavelength = 343 m/s / 20 Hz = 17.15 meters
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The maximum demand for bracelet is 4. If the store produces the optimal number of bracelets and necklaces, will the maximum demand for bracelets be met?b) What profit for a necklace would result if no bracelets being produced, and what would be the optimal solution for this profit?that question I think is related to these two previews question u can use it as reference
No, the maximum demand for bracelets will not be met if the store produces the optimal number of bracelets and necklaces. This is because the optimal solution is determined by the store’s profit, which is contingent on the cost of production and the demand for the product.
The optimal number of bracelets and necklaces produced is the point where the cost of production is minimized while the demand for the product is maximized. In this case, the optimal solution will not be enough to meet the maximum demand for bracelets.
If the store does not produce any bracelets, the resulting profit from the necklaces will depend on the demand for necklaces. If the demand is high enough, the store could make a higher profit from necklaces than if it were to produce bracelets.
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The top of a 7 ft. ladder rests against the side of a wall. The foot of the ladder is 2.2 feet from the base of the wall. Assuming that the ground is level, what is the angle between the bottom of the ladder and the ground?
Answer:
71.7
Step-by-step explanation:
If you draw out a picture and visualize it, you will be able to see that you need to use inverse cosine to solve this. Plug in cos^-1 (2.2/7) and you will get 71.7 as your answer.
Answer:
71.7 degrees
Step-by-step explanation:
Let A,B,C, and D be four distinct collinear points such that A∗C∗D, and suppose that C is not between A and B. Prove that B∗C∗D.
1. Given that A∗C∗D and C is not between A and B, we need to prove B∗C∗D. 2. Since A, C, and D are collinear, they lie on the same line. 3. As B is not between A and C, it must lie on the same line as A, C, and D, which proves B∗C∗D.
To prove that B∗C∗D, we need to show that B lies on the same line as C and D.
Since A∗C∗D, we know that A, C, and D are collinear and lie on the same line.
If C is not between A and B, it means that B is not between A and C.
Therefore, B must lie on the same line as A, C, and D, which proves B∗C∗D.
Given A∗C∗D and C is not between A and B, we need to prove B∗C∗D. Since A, C, and D are collinear, they lie on the same line. If C is not between A and B, it means that B is not between A and C. Therefore, B must lie on the same line as A, C, and D. This implies that B∗C∗D. Thus, we have proven that if A∗C∗D and C is not between A and B, then B∗C∗D.
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help! i need the answers for gina wilson all things algebra area of shaded regions unit 8 homework 4 the sheet is attached below
The areas of the shapes that encompass the shaded region.
The area of the circle, and then subtract the area of the circle from the area of the square to find the area of the shaded region.
Identify the shapes that make up the entire figure, including the shaded region.
Calculate the area of each individual shape using their respective formulas:
- Rectangle: A = length × width
- Square: A = side²
- Circle: A = π × radius²
- Triangle: A = ½ × base × height
Subtract the areas of any shapes that are not part of the shaded region from the areas of the shapes that encompass the shaded region.
For example, if the shaded region is a square with a circle cut out, you would calculate the area of the square
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Q5. The time of oscillation of a plumb bob differs as the square root of its length. If a plumb bob of length 50 cm oscillates once in a second, find the length of the plumb bob oscillating once in 4.2 seconds. A.424 B.653
Approximately 882 cm of the plumb bob's length oscillates once every 4.2 seconds.
According to the given information, the time of oscillation (T) is proportional to the square root of the length of the plumb bob:
T ∝ √L
Using this proportionality, we can set up an equation:
T₁ / T₂ = √(L₁ / L₂)
where T₁ is the time of oscillation (1 second), L₁ is the length of the plumb bob (50 cm), T₂ is the unknown time of oscillation (4.2 seconds), and L₂ is the unknown length of the plumb bob.
Plugging in the known values:
1 / 4.2 = √(50 / L₂)
To solve for L₂, we can square both sides of the equation:
1 / (4.2)² = 50 / L₂
L₂ = 50 * 17.64
L₂ ≈ 882
Therefore, the length of the plumb bob oscillating once in 4.2 seconds is approximately 882 cm.
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The graph shows the function y = 3x - 1. What are the coordinates of the intercepts?
(0, -1) and (1/3, 0)
(0, 1/3) and (3, 0)
(0, 1/3) and (-1, 0)
(0, -1) and (3, 0)
The coordinate of the intercepts of the graph are (0, -1) and (1/3, 0).
What is termed as the coordinate intercepts?An intercept is a y-axis point whereby the slope of a line passes. It is the y-coordinate of a point on the y-axis in which a straight line or a curve intersects. This is represented by the equation for a straight line, y = mx+c, where m is the slope and c is really the y-intercept.There are two types of intercepts: x-intercept and y-intercept. The x-intercept is the point in which the line crosses the x-axis, and the y-intercept is the point in which the line crosses the y-axis.The equation of the line is given as;
y = 3x - 1.
For x-intercept put y = 0;
0 = 3x - 1.
x = 1/3
x-intercept = (1/3, 0)
Now, for y-intercept, put x = 0.
y = 3x0 - 1
y = -1
y-intercept = (0 , -1)
Thus, the coordinates of the intercepts are (0, -1) and (1/3, 0).
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Choose the equation that represents the line that passes through the point (6, -3) and has a slope of. 1/2
y-2x+6
y-1x-6
y=2x-3
y=x+3
Answer:
The line meeting the criteria is y = (1/2)x + 6 does not match any of the answer options.
Step-by-step explanation:
Let's use the slope-intercept form of a linear equation: y = mx + b, where m is the slope and b the y-intercept (the value of y when x = 0). We are given the slope, (1/2), so let's put that into the equation:
y = (1/2)x + b
It is the value we choose for b that will make the line pass through point (6,-3). We can determine that value by entering the given point in the equation and then solving for b:
y = (1/2)x + b
-3 = (1/2)*(6) + b for point (6,-3)
-3 = 3 + b
b = -6
The full equation is thus y = (1/2)x + 6
See the attached graph.
===
The `list of options doesn't have an equation that matches this conclusion. The first two aren't even equations. Assuming for the moment they are mistyped and should have an "=" sign after the y, we will change the list as follows:
Original New
y-2x+6 y=2x+6
y-1x-6 y=1x-6
y=2x-3 y=2x-3
y=x+3 y=x+3
The slopes are either +1 or +2. None have the required slope of (1/2)
which type of triangle has three sides that are the same length?
Answer:
an equilateral triangle
help please!!!!!!
what is 3/10+1/3
Answer:
First you make 3/10=0.3 the 1/3=0.33 then 0.3+0.33=0.63
Suppose that f(1) = 1, f(4) = 5, f '(1) = 3, f '(4) = 3, and f '' is continuous. find the value of 4 1 xf ''(x) dx.
Answer: b
Step-by-step explanation:
I think
1. There are 8 LEDs on a board. The LEDs are serially oriented. There are 4 types of LED. Blue, Green, White and Red. The LEDs are numbered by 0 to 7 serially. 0 and 4 numbers LEDs are blue. 1 and 5 numbers are green. 2 and 6 numbers are white. 3 and 7 are red. If we want to lit the blue and white LEDs at a time, what should be the output function? Solve this problem using Boolean function knowledge. Draw truth table, derive function and draw logic diagram. 15 Hints: the LEDs are output. For 8 outputs, assume 3 inputs. Draw the truth table accordingly and solve the rest.)
The given problem statement is about determining the Boolean function, the truth table, and the logic diagram of an LED board having four types of LED, including blue, green, white, and red. The objective is to light up blue and white LEDs simultaneously.
An LED (Light Emitting Diode) is a semiconductor device that emits light when an electric current is passed through it. LEDs are commonly used in electronic circuits and devices such as watches, calculators, and traffic lights to display information. They can be found in various shapes, sizes, colors, and brightness. LEDs have several advantages over traditional incandescent bulbs, such as lower energy consumption, longer lifespan, and faster switching.
The LED board includes four types of LED: blue, green, white, and red. The LEDs are arranged in pairs such that 0 and 4 numbers LEDs are blue, 1 and 5 numbers are green, 2 and 6 numbers are white, and 3 and 7 are red. We want to light up blue and white LEDs at the same time. The output function should be determined using Boolean function knowledge and drawing the truth table, deriving the function, and drawing the logic diagram.Solution:To solve this problem, we need to use the Boolean function knowledge.
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Please I Need Help
Answer:
45º
Step-by-step explanation:
alternate interior angles are congruent
x + 30 = 75
Subtract 30 from both sides
x = 45º
Can someone help me answer question well thought out please, because I posted this before and was incorrectly hopefully this time is much better.
1.) For those who are experiencing this listening as their first exposure to the Art Song genre:
what is your aesthetic response to this piece?
What aspects of the music make you feel the way you do about the song? Be as specific as possible (possible factors to talk about: instrumentation of one voice + piano; style of singing; language of text; word painting; emotional range; musical storytelling; etc).
These aspects, among others, contribute to the overall aesthetic response to an Art Song. However, it's important to note that individual preferences and cultural backgrounds can greatly influence how a listener perceives and responds to the music. Each person's aesthetic response may be unique, and an Art Song can evoke a range of emotions and interpretations based on personal experiences and sensibilities.
Here, we have,
Instrumentation: The combination of one voice and piano in an Art Song creates an intimate and nuanced sonic palette. The piano provides harmonic support and textures while allowing the voice to take the lead. The delicate interplay between the voice and piano can evoke a sense of intimacy and draw the listener into the music.
Style of Singing: Art Songs are often characterized by a lyrical and expressive style of singing. The singer's ability to convey emotions, communicate the meaning of the text, and deliver a captivating performance can leave a lasting impression. The nuances in phrasing, dynamics, and vocal technique contribute to the overall aesthetic response.
Language of Text: The language used in an Art Song can evoke different aesthetic responses depending on the listener's familiarity with the language and cultural background. The choice of language may enhance the poetic quality of the lyrics, evoke specific imagery or cultural associations, and deepen the emotional connection to the music.
Word Painting: Art Song composers frequently use word painting techniques to musically illustrate or depict specific words or phrases in the text. These musical gestures can include melodic contour, rhythmic patterns, dynamic contrasts, and harmonic choices. Word painting enhances the listener's understanding and emotional engagement by creating vivid musical images and reinforcing the meaning of the text.
Emotional Range: Art Songs often explore a wide range of emotions, from melancholy and introspection to joy and passion. The music's ability to evoke and express these emotions can elicit a profound aesthetic response in listeners. The shifts in mood, dynamics, and melodic lines can create an emotional journey that resonates with the listener's own experiences and feelings.
Musical Storytelling: Art Songs can tell stories or convey narratives through the integration of music and text. The composer's use of melodies, harmonies, and rhythmic patterns can depict characters, events, and landscapes, enabling the listener to engage with the story being told. The unfolding narrative and the music's ability to convey the story's essence can captivate and emotionally move the listener.
These aspects, among others, contribute to the overall aesthetic response to an Art Song. However, it's important to note that individual preferences and cultural backgrounds can greatly influence how a listener perceives and responds to the music. Each person's aesthetic response may be unique, and an Art Song can evoke a range of emotions and interpretations based on personal experiences and sensibilities.
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Find the volume of the cone with a height
of 8 centimeters and a circumference of
18.84 centimeters. Round to the nearest
tenth.
Answer: 75.3
Step-by-step explanation: Pi x r^2 x h/3
3.14 = pi
r=2.99848
3.14 x 2.99848^2 x 8/3 = 75.32
Explain how please I’m not sure
Answer:
164 degrees
Step-by-step explanation:
The measure of the individual internal angle in a polygon is;
(n-2)180/n
n = 22
So we have;
(22-2)180/22
= (20 * 180)/22
= 163.64 degrees
To the nearest whole number, this is 164
the lengths of individual fish in a pond have an approximate normal distribution with a mean of 37.2 cm and a standard deviation of 12.0 cm. a sample of 36 fish is taken. what is the standard deviation of the sampling distribution of the sample mean for the 36 fish?
The standard deviation of the sampling distribution of the sample mean for the 36 fish will be less than 0.0003.
What is standard deviation?
The square root of the variance is used to calculate the standard deviation, a statistic that expresses how widely distributed a dataset is in relation to its mean.
standard deviation of sample mean = sigma X'=sigma/√n=2
according to the question,
we are given the mean to be 37.2
standard deviation=12.0
sample=36
n=(6/0.5)2 =144
n=p(1-p)/(0.05)2 =0.2*0.8/(0.05)2 =64
for normal distribution z score =(p'-p)/sigma p
here population proportion= p= 0.510
sample size =n= 600
std error of proportion=σp=√(p*(1-p)/n)= 0.0204
probability = P(X<0.42) = P(Z<-4.41)= 0.0000
therefore less than 0.0003 is correct.
Therefore, the standard deviation of the sampling distribution of the sample mean for the 36 fish will be less than 0.0003
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The slope of the line is
Answer:
(-1,1)(2,-8)
Step-by-step explanation:
-1-2=-3
1-8=-7
the slope of the line is (-3,-7)
correct me if i am wrong and also refresh your screen because i had changed my answer after i had noticed the second plotted point
Check all the translation that describes the transformation from the parent graph f(x) =3^x to g(x) = -2(3) ^x+5
The transfοrmatiοn frοm the parent graph \(f(x) = 3^x\)tο \(g(x) = -2(3)^x+5\) can be described as a reflectiοn abοut the x-axis, fοllοwed by a vertical cοmpressiοn by a factοr οf 2, and finally, a vertical shift upward by 5 units.
The functiοn g(x) is οbtained by transfοrming the parent graph οf \(f(x) = 3^x\)in the fοllοwing way:
Reflectiοn abοut the x-axis: The negative sign in frοnt οf the 2 in g(x) reflects the graph οf f(x) abοut the x-axis.Vertical stretch/cοmpressiοn: The absοlute value οf the cοefficient 2 in g(x) represents a vertical cοmpressiοn by a factοr οf 2 cοmpared tο the parent functiοn f(x).Vertical shift: The +5 term in g(x) represents a vertical shift upward by 5 units cοmpared tο the parent functiοn f(x).Therefοre, the transfοrmatiοn frοm the parent graph \(f(x) = 3^x\) tο\(g(x) = -2(3)^x+5\) can be described as a reflectiοn abοut the x-axis, fοllοwed by a vertical cοmpressiοn by a factοr οf 2, and finally, a vertical shift upward by 5 units.
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Consider the following. A(x)=x x+5
(a) Find the interval of increase. (Enter your answer using interval notation.) Find the interval of decrease. (Enter your answer using interval notation.) (b) Find the local minimum value(s). (Enter your answers as a comma-separated list. If an answer does not exist, enter DNE.) x Find the local maximum value(s). (Enter your answers as a comma-separated list. If an answer does not exist, enter DNE.) (c) Find the inflection point. (If an answer does not exist, enter DNE.) (x,y)=() Find the interval where the graph is concave upward. (Enter your answer using interval notation. If an answer does not exist, enter DNE.) Find the intervals where the graph is concave downward. (Enter your answer using interval notation. If an answer does not exist, enter DNE.)
he function A(x) = x(x + 5) has a local minimum value of -25/4, no local maximum values, no inflection point, and is concave upward for the entire domain.
To analyze the function A(x) = x(x + 5), we need to find the interval of increase, interval of decrease, local minimum values, local maximum values, inflection point, and intervals of concavity.
(a) To find the intervals of increase and decrease, we need to examine the sign of the derivative.
A'(x) = (x + 5) + x
= 2x + 5
Setting A'(x) = 0 and solving for x:
2x + 5 = 0
2x = -5
x = -5/2
The critical point is x = -5/2.
Now, we can construct a sign chart for A'(x):
| -∞ | -5/2 | +∞ |
_________________________________
A'(x) | - | 0 | + |
_________________________________
From the sign chart, we observe that A'(x) is negative to the left of -5/2, indicating a decreasing interval, and positive to the right of -5/2, indicating an increasing interval.
Therefore, the interval of decrease is (-∞, -5/2) and the interval of increase is (-5/2, +∞).
(b) To find the local minimum and maximum values, we need to check the behavior around the critical point and at the endpoints of the interval.
Let's evaluate A(x) at x = -5/2 and the endpoints.
A(-5/2) = (-5/2)(-5/2 + 5)
= (-5/2)(5/2)
= -25/4
The critical point (-5/2, -25/4) corresponds to a local minimum value.
As for the endpoints, we evaluate A(x) at x = -∞ and x = +∞:
A(-∞) = (-∞)(-∞ + 5)
= ∞
A(+∞) = (+∞)(+∞ + 5)
= +∞
Since A(x) approaches infinity at both ends, there are no local maximum values.
Therefore, the local minimum value is -25/4, and there are no local maximum values (DNE).
(c) To find the inflection point, we need to analyze the concavity of the function.
A''(x) = 2
The second derivative A''(x) is a constant, and it is always positive (2 > 0). Therefore, there are no inflection points (DNE).
(d) Since the second derivative is always positive, the graph is concave upward for all values of x.
Therefore, the graph is concave upward for the entire domain, and there are no intervals where it is concave downward (DNE).
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It has been suggusted that the highest priority of retirees is travel. Thus, a study was conducted to investigate the differences in the length of stay of a trip for pre- and post-retirees. A sample of 687 travelers were asked how long they stayed on a typical trip. The observed results of the study are found below.
Number of Nights Pre-retirement Post-retirement Total
4−7 242 175 417
8−13 77 61 138
14−21 33 50 83
22 or more 18 31 49
Total 370 317 687
With this information, construct a table of estimated expected values.
Number of Nights Pre-retirement Post-retirement
4−7
8−13
14−21
22 or more
Now, with that information, determine whether the length of stay is independent of retirement using α=0.05.
(a) χ2=
(b) Find the degrees of freedom:
The calculated chi-square value of 179.58 is greater than the critical value of 7.815, we reject the null hypothesis and conclude that the length of stay is dependent on retirement at a significance level of 0.05.
What is the frequency?
The number of periods or cycles per second is called frequency. The SI unit for frequency is the hertz (Hz). One hertz is the same as one cycle per second.
To construct a table of estimated expected values, we need to find the row totals, column totals, and the total sample size.
Then we can use the formula for expected frequency:
E = (row total * column total) / sample size
Number of Nights Pre-retirement Post-retirement Total Expected Frequency
4−7 242 175 417 (242317)/687 = 111.6 (175317)/687 = 80.4
8−13 77 61 138 (77317)/687 = 35.6 (61317)/687 = 26.4
14−21 33 50 83 (33317)/687 = 15.2 (50317)/687 = 23.2
22 or more 18 31 49 (18317)/687 = 8.3 (31317)/687 = 14.7
Total 370 317 687
Now we can perform the chi-square test of independence. The null hypothesis is that the length of stay is independent of retirement, and the alternative hypothesis is that the length of stay is dependent on retirement.
(a) The chi-square test statistic is:
χ² = Σ[(O-E)²/E]
= [(242-111.6)²/111.6] + [(175-80.4)²/80.4] + [(77-35.6)²/35.6] + [(61-26.4)²/26.4] + [(33-15.2)²/15.2] + [(50-23.2)²/23.2] + [(18-8.3)²/8.3] + [(31-14.7)²/14.7]
= 179.58
(b) The degrees of freedom are:
df = (number of rows - 1) * (number of columns - 1)
= (4-1) * (2-1)
= 3
Using a chi-square distribution table with 3 degrees of freedom and a significance level of 0.05, the critical value is 7.815.
Hence, the calculated chi-square value of 179.58 is greater than the critical value of 7.815, we reject the null hypothesis and conclude that the length of stay is dependent on retirement at a significance level of 0.05.
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Block 5> Topic 3> Applications of Percent
Dre is painting a mural for his school.
Each can of spray paint costs $5 before
sales tax. The sales tax rate is 10%.
Plot a point that represents how Dre can
spend money on spray paint.
Cost Including Sales Tax (5)
132
88
44
20
40
60
Cost Before Sales Tax ($)
A point that represents how Dre can spend money on spray paint is plotted on the proportional relationship graphed at the end of the answer.
How to model the money spent?The money spent after sales tax is obtained multiplying the money spent before sales tax by a constant, hence a proportional relationship models the situation.
The general format of a proportional relationship is given as follows:
y = kx.
In which k is the constant of proportionality.
In this problem, the sales tax rate is of 10%, meaning that the total amount paid is composed as follows:
Cost before sales tax.10% of the cost before sales tax.Considering x as the cost before sales tax, the equation is given as follows:
y = x + 0.1x
y = 1.1x.
Meaning that one point is given as follows:
(5,5.5).
Meaning that when the cost before sales tax is of $5, the cost including sales tax is of $5.5.
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Brady has been
approved for a home loan on a property he has under contract. The purchase
price is $150,000, and he is required to have $5,250 as a down payment. Which
of the following loan types is Brady most likely getting?
a. Conventional loan
b. ARM loan
c. FHA loan
d. VA loan
e. Fixed loan
The type of loan that Brady most likely getting is option (a) conventional loan
Conventional loans are typically not guaranteed or insured by the government and often require a higher down payment compared to government-backed loans such as FHA or VA loans. The down payment requirement of $5,250, which is 3.5% of the purchase price, is lower than the typical down payment requirement for a conventional loan, which is usually around 5% to 20% of the purchase price.
ARM (Adjustable Rate Mortgage) loans have interest rates that can change over time, which can make them riskier for borrowers. FHA (Federal Housing Administration) loans are government-backed loans that typically require a lower down payment than conventional loans, but they also require mortgage insurance premiums.
VA (Veterans Affairs) loans are available only to veterans and offer favorable terms such as no down payment requirement, but not everyone is eligible for them. Fixed-rate loans have a fixed interest rate for the life of the loan, but the down payment amount does not indicate the loan type.
Therefore, the correct option is (a) Conventional loan
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