subject
Mathematics, 21.02.2022 14:00 juliannabartra

Based on past experience, a bank believes that 8% of the people who receive loans will not make payments on time. The bank has recently approved 600 loans. Describe the sampling distribution model of the proportion of clients in this group who may not make timely payments. Round the standard deviation to one decimal place.

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 14:10
Which linear equations have an infinite number of solutions? check all that apply.  (x  –  3/7)  =  2/7(3/2x  –  9/14)8(x  +  2)  =  5x  –  1412.3x  –  18  =  3(–6  +  4.1x)(6x  +  10)  =  7(x  –  2)4.2x  –  3.5  =  2.1 (5x  +  8)
Answers: 3
question
Mathematics, 21.06.2019 22:40
Ntriangle abc, m∠a = 35° and m∠b = 40°, and a=9. which equation should you solve to find b?
Answers: 2
question
Mathematics, 21.06.2019 23:30
Aprisoner is trapped in a cell containing three doors. the first door leads to a tunnel that returns him to his cell after two days of travel. the second leads to a tunnel that returns him to his cell after three days of travel. the third door leads immediately to freedom. (a) assuming that the prisoner will always select doors 1, 2 and 3 with probabili- ties 0.5,0.3,0.2 (respectively), what is the expected number of days until he reaches freedom? (b) assuming that the prisoner is always equally likely to choose among those doors that he has not used, what is the expected number of days until he reaches freedom? (in this version, if the prisoner initially tries door 1, for example, then when he returns to the cell, he will now select only from doors 2 and 3.) (c) for parts (a) and (b), find the variance of the number of days until the prisoner reaches freedom. hint for part (b): define ni to be the number of additional days the prisoner spends after initially choosing door i and returning to his cell.
Answers: 1
question
Mathematics, 22.06.2019 03:00
You coordinate volunteers for litter cleanup in local parks. your spreadsheet lists drivers and the number of seat belts in each driver’s car. the spreadsheet calculates the number of drivers (d) and the total number of seat belts (s). you want to know the maximum number of volunteers, besides drivers, that can be transported to the park in a single trip given that each person must have a seat belt of their own.
Answers: 2
You know the right answer?
Based on past experience, a bank believes that 8% of the people who receive loans will not make paym...
Questions
question
Mathematics, 23.04.2020 21:01
Questions on the website: 13722362