Assume the annual day care cost per child is normally distributed with a mean of $12,000 and
Question:
Assume the annual day care cost per child is normally distributed with a mean of $12,000 and a standard deviation of $2000.
What percent of day care costs are less than $17,000 per child annually?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 85% (7 reviews)
area to the ...View the full answer
Answered By
Gabriela Rosalía Castro
I have worked with very different types of students, from little kids to bussines men and women. I have thaught at universities, schools, but mostly in private sessions for specialized purpuses. Sometimes I tutored kids that needed help with their classes at school, some others were high school or college students that needed to prepare for an exam to study abroud. Currently I'm teaching bussiness English for people in bussiness positions that want to improve their skills, and preparing and ex-student to pass a standarized test to study in the UK.
5.00+
1+ Reviews
10+ Question Solved
Related Book For
A Survey Of Mathematics With Applications
ISBN: 9780135740460
11th Edition
Authors: Allen R. Angel, Christine D. Abbott, Dennis Runde
Question Posted:
Students also viewed these Mathematics questions
-
Assume X is normally distributed with a mean of 10 and a standard deviation of 2. Determine the value for x that solves each of the following: (a) P(X > x) = 0.5 (b) P(X > x) = 0.95 (c) P(x < X < 10)...
-
Assume X is normally distributed with a mean of 5 and a standard deviation of 4. Determine the following: (a) P(X < 11) (b) P(X > 0) (c) P(3 < X < 7) (d) P(-2 < X < 9) (e) P(-2 < X < 8)
-
Assume X is normally distributed with a mean of 10 and a standard deviation of 2. Determine the following: (a) P(X < 13) (b) P(X > 9) (c) P(6 < X < 14) (d) P(2 < X < 4) (e) P(-2 < X < 8)
-
Parker Associates purchased a patent in 2018 for $200,000. The patent will be amortized over 20 years. How would Parker adjust for the annual amortization for the patent on the balance sheet? Credit...
-
Your friend has $5000 to invest in the stock market and is deciding between an investment in Ability Ltd or Absolute Ltd. In the most recent reporting period, absolute Ltd made a profit after tax of...
-
Complete each statement. Choices may be used more than once. The relation {(0, -2), (2, -1), (2, -4), (5, 3)} (does / does not) define a function. The set {0, 2, 5} is its ________ , and the set {...
-
For a sample of size n = 20, the following values were obtained: b0 = 1.05, b1 = 4.50, se = 0.54, (x x )2 = 10.9, x = 8.52. Construct a 95% confidence interval for the mean response when x = 10.
-
The 2011 balance sheet of Annas Tennis Shop, Inc., showed $490,000 in the common stock account and $3.4 million in the additional paid-in surplus account. The 2012 balance sheet showed $525,000 and...
-
How does an automobile company install a line system? Explain its benefits. How does a company install a job shop? Explain its benefits.
-
Haverhill Engineers Ltd manufactures components for the car industry. It is considering automating its line for producing crankshaft bearings. The automated equipment will cost 700,000. It will...
-
Assume the annual day care cost per child is normally distributed with a mean of $12,000 and a standard deviation of $2000. What percent of day care costs are between $10,000 and $13,000 per child...
-
Assume the annual day care cost per child is normally distributed with a mean of $12,000 and a standard deviation of $2000. In a random sample of 120 families that use day care, how many pay more...
-
A satellite moves at speed \(v\) in very low orbit about a moon that has no atmosphere. You launch a projectile vertically from the same moon's surface at the same speed \(v\). To what height does it...
-
CarniTrin is a manufacturer of Carnival costumes in a highly competitive market. The company's management team is seeking guidance on the use of financial performance measures to identify the key...
-
Alex Corporation provides the following information for the year: Net sales Operating income Average assets Target rate of return Division A $410,000 102,500 670,000 15% Calculate the residual income...
-
How do theories of organizational change and resistance inform strategic initiatives aimed at fostering organizational agility and adaptation in turbulent environments ?
-
(a) What are the three requirements for successful recursion in C++? [3 marks] (b) Please explain the advantages and disadvantages of using recursion instead of an iterative approach. [2 marks] (c)...
-
Balboa Partnership is owned by the following: 2 5 % by Ann 1 0 % by Bill ( Ann ' s son ) 1 0 % by Charles ( Ann ' s brother ) 2 5 % by Dagwood ( unrelated to Ann ) 3 0 % by Acme Corporation ( owned...
-
The following balance sheet for the Los Gatos Corporation was prepared by a recently hired accountant. In reviewing the statement you notice several errors. LOS GATOS CORPORATION Balance Sheet At...
-
For a Poisson process of rate , the Bernoulli arrival approximation assumes that in any very small interval of length , there is either 0 arrivals with probability 1- or 1 arrival with probability ....
-
Fill in the blanks with an appropriate word, phrase, or symbol(s). The numbers that form a sequence are called its _________.
-
Which of the numbers 2, 3, 4, 5, 6, 8, 9, and 10 divide 40,455?
-
Fill in the blanks with an appropriate word, phrase, or symbol(s). The union of the rational numbers and the irrational numbers is the set of _________ numbers.
-
6. (8 points) A spooky ghost is spotted initially <3, 1 > blocks from a haunted house. After 50 seconds later, the spooky ghost was spotted < -2, -3 > blocks away from the same haunted house. A...
-
Assume a rope of non-negligible mass M, pulls a block of mass M, with a non-zero acceleration on a horizontal frictionless plane. a) Show that if M, < < M,, the tension at each end of the rope is...
-
In outer space, a constant force is applied to a 33.3 kg probe initially at rest. The probe moves a distance of 105 m in 14 s. Part A What acceleration does this force produce? Express your answer in...
Study smarter with the SolutionInn App