Answer: 4
Step-by-step explanation:
18-14=4
Answer: Growth factor will be 0.15 and percent increase will be 15%.
Step-by-step explanation:
Since we have given that
the exponential growth function
1) We need to find the growth factor :
As we know the formula for "Compound Interest ":
If we compare the formula with our given equation, we get
So, the growth factor is at the rate of 0.15.
2) Percent increase will be
Hence, growth factor will be 0.15 and percent increase will be 15%.
Answer: 0.000417
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Step-by-step explanation:
IQR = 40
1) Put the numbers in order: 40, 45, 50, 60, 60, 75, 90, 90, 120
2) Find the median: Median is 60 (the 2nd one)
3) Place parentheses around the numbers above and below the median. For easy identification of Q1 and Q3. (40, 45, 50, 60,) 60, (75, 90, 90, 120)
4) Find the Q1 and Q3. Q1 = median of the lower half of the data; Q3 = median of the higher half of the data. Q1 and Q3 have even sets so its median cannot be defined.
5) Had both sets contain odd sets, the median of Q1 is subtracted from the median of Q3 to get the IQR.
We can then use the Alternative definition of IQR.
IQR is the difference between the largest and smallest values in the middle 50% of a set data.
40, 45, 50, 60, 60, 75, 90, 90, 120
Middle 50% is 50, 60, 60, 75, 90; IQR = Largest value - smallest value;
IQR = 90 - 50 = 40
Answer:
(a)
(b)
(c)
Step-by-step explanation:
The given problem can be solved using binomial distribution since the product either fails or passes, the probability of failure or success is fixed and there are n repeated trials.
probability of failure = q = 0.05
probability of success = p = 1 - 0.05 = 0.95
number of trials = n = 1000
(a) What is the expected number of non-defective units?
The expected number of non-defective units is given by
(b) what is the COV of the number of non-defective units?
The coefficient of variance is given by
Where the standard deviation is given by
So the coefficient of variance is
(c) What is the probability of having more than 980 non-defective units?
We can use the Normal distribution as an approximation to the Binomial distribution since n is quite large and so is p.
We need to consider the continuity correction factor whenever we use continuous probability distribution (Normal distribution) to approximate discrete probability distribution (Binomial distribution).
The z-score corresponding to 4.28 is 0.99999
So it means that it is very unlikely that there will be more than 980 non-defective units.