The retained earnings reported by Buffalo Co at December 31, 2021, will be $45000.
Retained earnings represent the cumulative profits or losses that a company has retained since its inception. It is calculated by adding the net income or subtracting the net loss from previous periods to the beginning retained earnings balance and adjusting for any dividends paid.
In this case, the given income statement shows a net loss of $(5500) for the year 2021. To calculate the retained earnings at December 31, 2021, we need to consider the beginning retained earnings, net loss, and dividends for the year.
At the start of the year, Buffalo Co had retained earnings of $50500. Throughout the year, they incurred various expenses, including salaries and wages, rent, advertising, supplies, utilities, and insurance, totaling $76500. However, they generated revenues of $71000. After subtracting the total expenses from revenues, we arrive at a net loss of $(5500).
To calculate the retained earnings at December 31, 2021, we need to subtract the dividends for the year from the beginning retained earnings and add the net loss.
Given that the dividends totaled $10600 and the net loss is $(5500), we subtract $10600 from $50500 and then add $(5500). This calculation results in retained earnings of $45000 at the end of 2021.
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A carnival game is designed so that approximately 10% of players will win a large prize. If there is evidence that the percentage differs significantly from this target, then adjustments will be made to the game. To investigate, a random sample of 100 players is selected from the large population of all players. Of these players, 19 win a large prize. The question of interest is whether the data provide convincing evidence that the true proportion of players who win this game differs from 0.10. Are the conditions for inference met for conducting a z-test for one proportion?
Yes, the random, 10%, and large counts conditions are all met.
No, the random condition is not met.
No, the 10% condition is not met.
No, the large counts condition is not met.
answer is A
We can proceed with conducting a z-test for one proportion to test whether the true proportion of players who win the game differs from 0.10.
What is Algebraic expression ?
Algebraic expression can be defined as combination of variables and constants.
Yes, the conditions for inference are met for conducting a z-test for one proportion.
The random condition is met because the sample is chosen randomly from the large population of all players.
The 10% condition is also met since the sample size (100) is less than 10% of the entire population.
The large counts condition is met because both np and n(1-p) are greater than or equal to 10, where n is the sample size and p is the hypothesized proportion of players who win the game. In this case, np = 100 * 0.1 = 10 and n(1-p) = 100 * 0.9 = 90.
Therefore, we can proceed with conducting a z-test for one proportion to test whether the true proportion of players who win the game differs from 0.10.
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Facts, statistics, numerical data, quotations, specific examples, and expert opinions that support a claim are called:reasonevidencerebuttalstructural element
The correct that refers Facts, statistics, numerical data, quotations, specific examples, and expert opinions that support a claim are called evidence.
The term numerical data refers the data which is in the form of numbers, and not in any language or descriptive form.
Here we have to find the suitable term for the statement "Facts, statistics, numerical data, quotations, specific examples, and expert opinions that support a claim are called".
While we have looking into the given statement, we have identified the following from it,
factsstatistics, numerical data, quotations, specific examples, and expert opinionsWhen we look into the meaning of each one we have identified that each of them are acted as the proof to prove the thing is liable.
So, all these things are collectively called as evidence.
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Write a function in any form that would match the graph shown below.
taking a close look at the graph hmmm we can see that it has roots or solutions at -4 and 5, however, let's notice something, the graph touches the x-axis at -4 and 5 but it doesn't cross it, it simply bounces off of it, which means those roots have an even multiplicity, hmmm let's give it say 2. Let's also notice the graph has a y-intercept at hmm 100, so the graph passes through (0 , 100).
\(\begin{cases} x=-4\implies &x+4=0\\\\ x=5\implies &x-5=0 \end{cases}\implies y=a\stackrel{"2" multiplicity}{(x+4)^2 (x-5)^2} \\\\\\ \textit{we also know} \begin{cases} x=0\\ y=100 \end{cases}\implies 100=a(0+4)^2 (0+5)^2 \\\\\\ 100=a(16)(25)\implies \implies \cfrac{100}{(16)(25)}=a\implies \cfrac{1}{4}=a \\\\[-0.35em] ~\dotfill\\\\ ~\hfill y=\cfrac{1}{4}(x+4)^2 (x-5)^2~\hfill\)
Check the picture below.
Drag the labels to the correct locations on the table. Not all labels will be used.
What are the midline, amplitude, period, and graph of the function f(x)=cos(x) ?
For f(x) = cos(x) we have:
midline = 0amplitude = 1period = 2πgraph = bottom graph on the second image.What are the midline, amplitude, period, and graph of the function f(x)=cos(x)?
For a general cosine function, we have:
f(x) = A*cos(kx + p) + M
Where:
A is the amplitude.k is the frequency.p is the phase. M is the midline.For the function:
f(x) = cos(x).
We can see that:
A = 1, M = 0, k = 1, p = 0.
So, the amplitude is equal to 1, and the midline is equal to zero.
Now we also need to get the period. By definition of the trigonometric functions sin(x) and cos(x), we know that the period of the two is equal to 2π.
Finally, we need to identify the graph of cos(x).
Notice that:
f(0) = cos(0) = 1.
So the graph of f(x) = cos(x) is the graph with an y-intercept equal to 1. Which is the bottom graph on the second image.
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How many rotational symmetries does this figure have? F O 1 at 360° O 3 O 2
Three rotational symmetries does figure of F have.
What is rotational symmetries?
Rotational symmetry is a type of symmetry where a shape or object can be rotated by a certain angle (less than 360 degrees) and still look the same as the original shape. In other words, it is a property of a shape or object that remains unchanged when rotated around a fixed point called the center of rotation.
The number of times a shape looks the same after being rotated by a certain angle is called the order of rotational symmetry. Shapes with higher order of rotational symmetry appear more symmetrical as they can be rotated by more angles and still retain their original form. Rotational symmetry is an important concept in mathematics, geometry, and physics, and it is used in many real-world applications, such as in designing objects, structures, and patterns.
To determine the number of rotational symmetries, we need to look for the number of times the figure looks the same after rotating it by some angle.
In the case of F, we can rotate it by 120°, 240°, and 360° and it will still look the same. Therefore, F has three rotational symmetries.
Option a) 1 at 360° is incorrect because F has additional rotational symmetries at 120° and 240°. Option c) 2 is incorrect because F has three rotational symmetries, not two.
Therefore, F has three rotational symmetries.
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Complete Question:
Please help me if can, tysm
Answer:
70.4
Step-by-step explanation:
the aquare root of 40.96 is 6.4
so,64+6.4=70.4
Which of the following conditions must be satisfied in order to perform inference for regression of y on x? 1. The population of values of the independent variable (x) must be normally distributed. II. The standard deviation of the population of y-values for a given value of x is the same for every x-value. III. There is a linear relationship between x and the mean value of y for each value of x. O A. I only OB. Il only O C.I and III OD. II and III O E. All three must be satisfied. Which of the following would have resulted in a violation of the conditions of inference for the above computer output? O A If all the graders were selected from one professor. B. The sample size was cut in half. If the scatterplot of x = hundreds of papers and y = total cost did not show a perfect linear relationship. If the histogram of total cost had an outlier. OE. If the standard deviation of the hundreds of papers graded was different from the standard deviation of the total cost.
The answer is Option C. If the scatterplot of x = hundreds of papers and y = total cost did not show a perfect linear relationship.
The conditions that must be satisfied in order to perform inference for regression of y on x are:
I. The population of values of the independent variable (x) must be normally distributed.
III. There is a linear relationship between x and the mean value of y for each value of x.
So, the correct answer is C. I and III.
In the given options, violating condition III would result in a violation of the conditions of inference for the above computer output. If the scatterplot of x = hundreds of papers and y = total cost does not show a perfect linear relationship, it means there is a deviation from the assumption of a linear relationship between x and the mean value of y for each value of x.
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Express the confidence interval (79. 2%,92. 4%) in the form of ˆp±E
The required confidence interval in the form of ˆp±E is (85.8% ± 3.3%).
The confidence interval has been given with percentage values, the value of E will also be in percentage.
Given confidence interval (79.2%, 92.4%) is to be expressed in the form of ˆp±E.
Let's recall the formula for the confidence interval. A confidence interval for a sample proportion can be given as:ˆ
p ± E
where E = Margin of Error
Let's try to find the value of ˆp and E from the given confidence interval.
Here, ˆp = (79.2% + 92.4%) / 2
= 85.8%And
E = (92.4% - 85.8%) / 2
= 3.3%
Now we have calculated the values of ˆp and E. Putting the values, we have:ˆ
p ± E= 85.8% ± 3.3%
Therefore, the required confidence interval in the form of ˆp±E is (85.8% ± 3.3%).
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Find the degrees of freedom in a regression model that has 10 observations and 7 independent variables. a. 2 b. 17 c. 4 d. 3
The degrees of freedom in a regression model is 2 if the model that has 10 observations and 7 independent variables.
What is a degree of freedom?The amount of rows of training data used to fit the model equals the degrees of freedom.
Total observation = 10
Number of independent variables = 7
Degree of freedom for regression = 10 – 7 - 1
= 2
Thus, the degrees of freedom in a regression model is 2 if the model that has 10 observations and 7 independent variables.
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does anyone know how to solve this integral?
The value of the F"(2) is √262.
What is the chain rule?
The chain rule states that the derivative of f(g(x)) is f'(g(x))⋅g'(x). In other words, it helps us differentiate *composite functions*. For example, sin(x²) is a composite function because it can be constructed as f(g(x)) for f(x)=sin(x) and g(x)=x².
To find F"(2), we need to differentiate F(x) twice with respect to x.
First, we find F'(x):
F'(x) = f(x)
Next, we find F''(x):
F''(x) = f'(x)
To find f'(x), we need to apply the chain rule and the fundamental theorem of calculus. We have:
\(f(t) = \int\limits^{t^2}_1 \frac{\sqrt{6+u^4}}{u} , du\)
Let's define \(g(u) = \sqrt{6+u^4}/u\). Then, using the chain rule, we have:
\(f'(t) = g(t^2) \cdot 2t\)
Now, we can find F''(2) by evaluating f'(t) at t=2:
\(F''(2) = f'(2) = g(2^2) \cdot 2(2)\)
To find g(2²), we evaluate g(u) at u=2²=4:
\(g(4) = \sqrt{6+4^4}/4 = \sqrt{6+256}/4 = \sqrt{262}/4\)
Putting it all together, we have:
\(F''(2) = f'(2) = g(2^2) \cdot 2(2) = (\sqrt{262}/4) \cdot 4 = \sqrt{262}\)
Therefore, the value of the F"(2) is √262.
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can you show how to find the solution of number 10 on a unit circle
Answer:
cos(11π/3) = 1/2
Explanation:
To find the value of cos(11π/3), we first need to find a coterminal angle. This is because 11π/3 is greater than 2π, which is the angle of the complete circle. Then, we can find the coterminal angle as
11π/3 - 2π = 5π/3
Now, we need to find cos(5π/3), so we will use the unit circle as follows
Therefore, the value of cosine is the first coordinate of the point in the unit circle. It means that
cos(5π/3) = 1/2
Then, cos(11π/3) = 1/2
So, the answer is
cos(11π/3) = 1/2
ints
mily
Question 5
Which of the following is true?
O1-51-4
O1-41 <1-51
O1-51-5
O 1-41 > 151
Question 6
After simplification, the second option |−4| < |−5| is true.
In the given question,
There are four options. We have to check which option is true.
The given options are
1) |−5| < 4
2) |−4| < |−5|
3) |−5| = −5
4) |−4| > |5|
To find the true option we solve the given option one by one.
The first option is
|−5| < 4
Now solving
As we know that every value from the mod always give positive value.
So if we solve |−5| then the value is 5 and 5 is greater than 4. But in the given statement states that 4 is greater that 5. So the first statement is wrong.
Now solving the second statement.
|−4| < |−5|
After solving |−4|, the value is 4 and |−5| is 5.
So the simplified statement is 4 < 5 which is true.
Hence, the second statement is true.
Now we get the true statement so we haven't solve any further option.
If you want the solve next option the the way of solving the option is same.
Hence, the second option |−4| < |−5| is true.
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the average of 8 girls is 15 and the average of 6 girls is 13 find the average of the other two girls with equal age
Answer:
21
Step-by-step explanation:
Since the girls have the same age, let their age be x.
Then, their average is
\(\frac{x+x}{2} = \frac{2x}{2} = x\)
Let \(S_{i}\) denote the age of 'i' girls.
Then, \(S_{8} = S_{6} + x + x - eq(1)\)
Also, we have,
\(\frac{S_{8}}{8} =15 - eq(2)\)
\(\frac{S_{6}}{6} =13 - eq(3)\)
Then eq(2):
(from eq(1) and eq(3))
\(\frac{S_{6} + 2x}{8} =15\\\\\frac{13*6 + 2x}{8} = 15\\\\78+2x = 120\\\\2x = 120-78\\\\x = 21\)
The average of the other two girls with equal age is 21
d
ate
90 ft
First
Base
A baseball field is in the shape of a square. The
distance between each pair of bases along the edge of
the square is 90 feet. What is the distance between
home plate and second base?
√2 feet
The distance between home plate and second base is 90√2 feet
What is the distance between home plate and second base?From the question, we have the following parameters that can be used in our computation:
Shape of the field = square
Base edge = 90 ft
The distance between home plate and second base is the diagonal of the square field
This distance is calculated as
Distance = Base edge * √2 feet
Substitute the known values in the above equation, so, we have the following representation
Distance = 90 * √2 feet
Evaluate
Distance = 90√2 feet
Hence, the distance is 90√2 feet
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Classify the expression: 5x 3x2 − 7x3 2. Linear expression Quadratic expression Cubic expression Quartic expression.
The given expression 5x+3x²-7x³+2 is a cubic expression.
What is a cubic expression?A cubic expression is a three-dimensional algebraic equation of the form ax³ + bx² + cx + d = 0, where the coefficients are a, b, and c, and the constant is d.
In order to classify the given expression as 5x+3x²-7x³+2, we need to rearrange the given expression,
\(5x+3x^2-7x^3+2\\\\=-7x^3+3x^2+5x+2\)
Since the highest power that is in the expression is 3, therefore, the given expression is a cubic expression.
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The Newton-Raphson method is to be used to estimate a root of the equation
y = 10 sin(x) + x² - 8x+15
If the initial estimate xo = 3, find the first improved estimate x₁.
Give your answer to three significant figures. (Remember to work in radians.)
x1=____
Using the Newton-Raphson method with an initial estimate xo = 3, the first improved estimate x₁ for the equation y = 10 sin(x) + x² - 8x + 15 is approximately x₁ = 2.958.
To find the first improved estimate x₁ using the Newton-Raphson method, we start with an initial estimate xo = 3 and iterate until convergence is reached. The method involves using the formula:
x₁ = xo - f(xo)/f'(xo),
where f(x) represents the given equation and f'(x) is its derivative.
1. First, we need to find the derivative of the equation f(x) = 10 sin(x) + x² - 8x + 15. The derivative is f'(x) = 10 cos(x) + 2x - 8.
2. Substitute xo = 3 into the formula for x₁:
x₁ = 3 - (10 sin(3) + 3² - 8(3) + 15)/(10 cos(3) + 2(3) - 8).
3. Evaluate the expression on the right side using a calculator to find x₁. Rounded to three significant figures, x₁ is approximately 2.958.
Therefore, the first improved estimate x₁ using the Newton-Raphson method with an initial estimate xo = 3 is approximately x₁ = 2.958.
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PLEASE HELP ASAP I NEED EXPLANATION THERE'S AN EXAM SOON AND I NEED TO KNOW THIS BECAUSE IT ISN'T COMING ONLINE!!!! EXPLANATION TOO PLS. WILL TRY TO MARK BRAINLIEST.
Phoebe has some sheets of rectangular card.
Each sheet of card is 30cm long and 20cm wide.
Phoebe cuts out a circle from a sheet of card.
What is the area of the circle?
Answer:
600cm2
Step-by-step explanation:
Area of sheet = Length × Breadth
= (30 × 20) cm2
= 600 cm2
on Tuesday at lunchtime, it was 29 degrees Celsius, by sunset, the temperature had dropped by 16
The equation for temperature change is T = -1.5t + 29 and the number line is plotted.
What is a number line?
A picture of numbers on a straight line is called a number line. It serves as a guide for contrasting and arranging numbers. Any real number, including all whole numbers and natural numbers, can be represented by it.
Let T represent the temperature in degrees Celsius, and let t represent the time in hours after lunchtime.
Then write an expression for the situation as follows:
T = -1.5t + 29
Here, -1.5t represents the decrease in temperature per hour, since the temperature is dropping at a rate of 1.5 degrees Celsius per hour.
Adding 29 to -1.5t gives the initial temperature of 29 degrees Celsius at lunchtime.
To illustrate this situation on a number line diagram, we can plot the temperature T as a function of time t.
The diagram would have time t on the horizontal axis and temperature T on the vertical axis.
Label the point (0, 29) on the diagram to represent the temperature at lunchtime, and the point (x, 16) to represent the temperature at sunset, where x is the number of hours after lunchtime.
Then draw a straight line connecting these two points to represent the linear relationship between temperature and time.
The line slopes downward from left to right, indicating that the temperature is decreasing over time.
Therefore, the number line diagram is plotted.
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On Tuesday at lunchtime, it was 29 degrees Celsius. By sunset, the temperature had dropped to 16 degrees Celsius. Please write an expression for the situation, and draw a number line diagram.
Waymon’s weekly earnings for working 40 hours plus 3 hours of working overtime was $479.27. If $48.47 of that paycheck was overtime pay, what was his hourly rate for the first 40 hours of work?
Waymon's hourly rate for the first 40 hours of work was $10.77.
What is cost estimate ?
A cost estimate is a calculation of the probable cost of a project, program, or operation. It is an assessment of the resources required to complete a project or task, including the cost of labor, materials, equipment, and any other necessary expenses. Cost estimates are typically created during the planning phase of a project to help stakeholders determine the feasibility of the project and allocate resources appropriately. They may also be used during the execution and control phases of a project to monitor and manage costs, make adjustments to the budget, and ensure that the project remains within budget constraints. Cost estimates can vary in accuracy and detail depending on the stage of the project and the available information, but they are an essential component of effective project management.
Let's first find out how much Waymon earned for working 40 hours without overtime:
Total earnings = earnings for 40 hours + earnings for overtime
$479.27 = earnings for 40 hours + $48.47
Earnings for 40 hours = $479.27 - $48.47 = $430.80
Now, we can calculate his hourly rate for the first 40 hours of work:
Hourly rate = earnings for 40 hours / 40 hours
Hourly rate = $430.80 / 40
Hourly rate = $10.77
Therefore, Waymon's hourly rate for the first 40 hours of work was $10.77.
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a survey among tenants of shared apartments asked each tenant what percentage of the cleaning around the apartment he or she does. the survey found that aggregating the percentages for each apartment produces an average of much more than 100%. this result may be due to what bias?
The result of an average of more than 100% in a survey of tenants on cleaning chores in shared apartments is likely due to social desirability bias.
The average tenant response of more than 100% in a study about cleaning duties in shared apartments is probably the product of social desirability bias. Social desirability bias occurs when respondents give answers that they think are socially acceptable or desirable, rather than their true opinions or behavior.
In this case, tenants may have overstated their contribution to cleaning the apartment, in order to appear more helpful or responsible, leading to an average percentage higher than 100%.
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One model for the spread of a rumor is that the rate of spread is proportional to the product of the fraction y of the population who have heard the rumor and the fraction who have not heard the rumor. (a) Write a differential equation that is satisfied by y. (Use k for the constant of proportionality.)
dy/dt = ____
(b) Solve the differential equation. Assume y(0) = C. y = _____
(c) A small town has 1300 inhabitants. At 8 AM, 100 people have heard a rumor. By noon half the town has heard it. At what time will 90% of the population have heard the rumor? (Do not round k in your calculation. Round the final answer to one decimal place.) ______hours after the beginning
(a) The differential equation that is satisfied by y is:
\(\frac{dy}{dt} = ky(1-y)\)
(b) To solve the differential equation, we separate the variables and integrate both sides:
\(\frac{dy}{y*(1-y)} = k*dt\)
Integrating both sides, we get:
\(\frac{lnly}{1-y} = k*t +c1\)
where C1 is an arbitrary constant of integration.
We can rewrite the equation in terms of y:
\(\frac{y}{1-y} = e^{(k*t+c1)}\)
Multiplying both sides by (1-y), we get:
\({y} = e^{(k*t+c1)} *(1-y)\)
\(y= \frac{C}{(1+(c-1)e^{-kt} }\)
where C = y(0) is the initial fraction of the population who have heard the rumor.
(c) In this case, the initial fraction of the population who have heard the rumor is y(0) = \(\frac{100}{1300}\) = 0.077. At noon, half the town has heard the rumor, so y(4) = 0.5.
Substituting these values into the equation from part (b), we get:
\(0.5= \frac{0.077}{1+(0.777-1) e^{-k4} }\)
Solving for k, we get:
\(k= ln(\frac{12.857}{4} )\)
Substituting this value of k into the equation from part (b), and setting y = 0.9 (since we want to find the time at which 90% of the population has heard the rumor), we get:
\(0.9= \frac{0.077}{1+(0.777-1) e^{-ln(12.857}*\frac{t}{4} }\))
Solving for t, we get:
t = 8.7 hours after the beginning (rounded to one decimal place)
A differential equation is a mathematical equation that relates a function to its derivatives. It is a powerful tool used in many fields of science and engineering to describe how physical systems change over time. The equation typically includes the independent variable (such as time) and one or more derivatives of the dependent variable (such as position, velocity, or temperature).
Differential equations can be classified based on their order, which refers to the highest derivative present in the equation, and their linearity, which determines whether the equation is a linear combination of the dependent variable and its derivatives. Solving a differential equation involves finding a function that satisfies the equation. This can be done analytically or numerically, depending on the complexity of the equation and the available tools.
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3/4a-1/6=2/3a+1/4? Please i need help!!!!
Answer: a=5
Step-by-step explanation:
1/12a=10/24
24a=120
a= 5
c) Using Gary's age come up with an expression that represents your age in terms of g. Be creative! For example, if Mr. Weiler is 43 years old, then his age would be 4g-1.
We know that Gary's age is 11 years old. So, we just have to use an expression to indicate someone's age.
Let's consider the expression:
\(2g+5\)This expression represents Mr. Smith's age who is 27 years old. Let's prove it using Gary's age.
\(2(11)+5=22+5=27\)Therefore, our expression is 2g + 5.can someone answer this
What is the inverse tangent of 0.9?
OA. 64.2°
OB. 0.016°
O C. 42.0⁰
O D. 90.0⁰
K
The inverse tangent of 0.9 is approximately 42.0 degrees.
Therefore, the correct answer is option C: 42.0⁰.
The inverse tangent, also known as arctangent, is a trigonometric function that gives the angle whose tangent is a given number. In this case, we want to find the inverse tangent of 0.9.
Using a calculator or reference table, we can find that the inverse tangent of 0.9 is approximately 42.0 degrees.
To understand why this is the case, we can consider the definition of the tangent function. The tangent of an angle is defined as the ratio of the length of the side opposite the angle to the length of the side adjacent to the angle in a right triangle. The inverse tangent function reverses this relationship, giving us the angle when we know the tangent value.
In the case of 0.9, we can imagine a right triangle where the length of the side opposite the angle is 0.9 and the length of the side adjacent to the angle is 1. The inverse tangent of 0.9 tells us the angle that satisfies this relationship.
So, the inverse tangent of 0.9 is approximately 42.0 degrees.
Therefore, the correct answer is option C: 42.0⁰.
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of 30 students, 1/3 play sports . Of those who play sports, 2/5 play soccer.
How many students play soccer?
Can y’all Help plz
Answer: 4
Step-by-step explanation:
Please answer correctly !!!!! Will mark Brianliest !!!!!!!!!!!!!!
the answer is x3
11x3=33
5x3=15
multiply by 3 on all of them
mark brainliest plz
A very good poker player is expected to earn $1 per hand in $100/$200 Texas poker Hold'em. The standard deviation is approximately $31.
a) What is the probability of a very good poker player earns a profit(more than $0) after playing 40 hands in $100/$200 Texas Hold'em?
b) What proportion of the time can a very good poker player expect to earn at least $500 after playing 100 hands in $100/$200 Texas Hold'em.
c) Suppose that twenty hands are played per hour. What is the probability that a very good poker player earns a profit during a 14 hour session?
a) The probability of a very good poker player earning a profit (more than $0) after playing 40 hands in $100/$200 Texas Hold'em can be calculated using the normal distribution and the given mean ($1) and standard deviation ($31). b) The proportion of the time a very good poker player can expect to earn at least $500 after playing 100 hands in $100/$200 Texas Hold'em can be calculated using the normal distribution and the given mean ($1) and standard deviation ($31).
To compute these probabilities, we need to make some assumptions and use probability distribution calculations based on the given information.
a) To determine the probability of a profit after playing 40 hands, we can use the concept of the normal distribution. We need to calculate the z-score using the formula: z = (x - μ) / σ, where x is the desired profit, μ is the expected profit per hand, and σ is the standard deviation. In this case, x = $0, μ = $1, and σ = $31.
Once we have the z-score, we can use a standard normal distribution table or calculator to find the corresponding probability.
b) Similarly, to find the proportion of the time a player can expect to earn at least $500 after playing 100 hands, we need to calculate the z-score for x = $500, using the same formula as in part (a). Then, we can use the standard normal distribution table or calculator to find the corresponding proportion.
c) To determine the probability of earning a profit during a 14-hour session, we need to calculate the number of hands played, which is 20 hands per hour multiplied by 14 hours. Let's denote it as N. Then, we can calculate the mean profit for the 14-hour session by multiplying the expected profit per hand ($1) by N.
The standard deviation for the session can be calculated by multiplying the standard deviation per hand ($31) by the square root of N. Finally, we can use the normal distribution and the same z-score calculation as in part (a) to find the probability.
Please note that the above calculations assume that the profits from each hand are independent and follow a normal distribution. Real poker outcomes may deviate from these assumptions.
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Simpson office furniture pays Linda green a $2310 monthly salary plus a 8% commission on merchandise she sells each month. Assume Linda's sales were $64,500 for last month. calculate the following amounts: 1.amount of commission 2.gross pay
Answer:
0. Amount of commission = $5,160
,1. Linda's gross pay = $7,470
Explanation:
Part 1
Linda's sales for last month = $64,500
She is paid an 8% commission on merchandise she sells.
Therefore:
Amount of commission = 8% of $64,500
=8/100 x 64,500
=0.08 x 64,500
=$5,160
Part 2
Linda's Gross Pay = Monthly salary + Commision
=2,310 + 5,160
=$7,470
Linda's gross pay is $7,470
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Answer:
7.9
Step-by-step explanation:
Using the half-life formula, there will be about \(30(0.5)^{11000/5730} \approx 7.9\) grams left.