Answer:
(0,-15)
Step-by-step explanation:
i think.. trust someone else!! I'm not 100% sure...
Answer:
0.5981 = 59.81% probability that three or less of the selected adults have saved nothing for retirement
Step-by-step explanation:
For each adult, there are only two possible outcomes. Either they save nothing for retirement, or they save something. The probability of an adult saving nothing for retirement is independent of any other adult. This means that the binomial probability distribution is used to solve this question.
Binomial probability distribution
The binomial probability is the probability of exactly x successes on n repeated trials, and X can only have two outcomes.
In which is the number of different combinations of x objects from a set of n elements, given by the following formula.
And p is the probability of X happening.
20% of adults in the United States save nothing for retirement (CNBC website).
This means that
Suppose that sixteen adults in the United States are selected randomly.
This means that
What is the probability that three or less of the selected adults have saved nothing for retirement?
This is:
In which
0.5981 = 59.81% probability that three or less of the selected adults have saved nothing for retirement
Answer:
75% of the data will reside in the range 23000 to 28400.
Step-by-step explanation :
To find the range of values :
We need to find the values that deviate from the mean. Since we want at least 75% of the data to reside between the range therefore we have,
Solving this, we would get k = 2 which shows the value one needs to find lies outside the range.
Range is given by : mean +/- (z score) × (value of a standard deviation)
⇒ Range : 25700 +/- 2 × 1350
⇒ Range : (25700 - 2700) to (25700 + 2700)
Hence, 75% of the data will reside in the range 23000 to 28400.
Answer:
$5.36
Step-by-step explanation:
multiply 8 by .67