The cost of a week long vacation in a city has a mean of 1000 and a variance of 1200. The city imposes a tax which will raise all tourism related costs by 10%. Find the coefficient of variation for the cost of a week long vacation in this city after the tax is imposed.

Answers

Answer 1

Answer:

The coefficient of variation after the tax is imposed is 0.033

Step-by-step explanation:

Given

[tex]\mu =1000[/tex] --- mean

[tex]\sigma^2 = 1200[/tex] --- variance

[tex]tax = 10\%[/tex]

Required

The coefficient of variation

The coefficient of variation is calculated using:

[tex]CV = \frac{\sqrt{\sigma^2}}{\mu}[/tex]

After the tax, the new mean is:

[tex]\mu_{new} = \mu * (1 + tax)[/tex]

[tex]\mu_{new} = 1000 * (1 + 10\%)[/tex]

[tex]\mu_{new} = 1100[/tex]

And the new variance is:

[tex]\sigma^2_{new} = \sigma^2 * (1 + tax)[/tex]

[tex]\sigma^2_{new} = 1200 * (1 + 10\%)[/tex]

[tex]\sigma^2_{new} = 1320[/tex]

So, we have:

[tex]CV = \frac{\sqrt{\sigma^2}}{\mu}[/tex]

[tex]CV = \frac{\sqrt{1320}}{1100}[/tex]

[tex]CV = \frac{36.33}{1100}[/tex]

[tex]CV = 0.033[/tex]


Related Questions

!!! PLEASE HELP ME !!!

Answers

Answer:

Be an GH

Step-by-step explanation:

if 125 men can do a piece of work in 120days, how many men would be sufficient to do the same work in 100days?​

Answers

Answer:

x =150 men

Step-by-step explanation:

Think of the total as workdays

125men* 120days = 15000 workdays

We still need 15000 workdays

100 days * x = 15000workdays

Divide by 100

x = 15000/ 100

x =150 men

Answer:

150 men

Step-by-step explanation:

120 × 125 = 15000

15000 ÷ 100

150

An experiment has three steps with three outcomes possible for the first step, two outcomes possible for the second step, and five outcomes possible for the third step. How many experimental outcomes exist for the entire experiment

Answers

Answer:

30 experimental outcomes exist for the entire experiment.

Step-by-step explanation:

Fundamental counting principle:

States that if there are p ways to do a thing, and q ways to do another thing, and these two things are independent, there are p*q ways to do both things.

In this question:

Three outcomes possible for the first step.

Two for the second step.

Five for the third step.

How many experimental outcomes exist for the entire experiment?

Steps are independent, so, by the fundamental counting principle:

3*2*5 = 6*5 = 30

30 experimental outcomes exist for the entire experiment.

252k is a perfect square. Find any two possible values of k.​

Answers

7 and 28 are two answers i got

Which of the following is the inverse of F(x) if F(x) = 6x?
O A. F(x) = 6x
O B. F(x) = x-6
O C. F(X) -
O D. F(x) = x + 6

Answers

The best answer is d

The correct inverse of F(x) = 6x is y = x/6 according to given question

To find the inverse of a function, we need to interchange the roles of the dependent variable (x) and the independent variable (F(x)) and solve for the new dependent variable.

Given that F(x) = 6x, to find the inverse, we can follow these steps:

Replace F(x) with y: y = 6x.

Swap x and y: x = 6y.

Solve for y: Divide both sides by 6 to isolate y: y = x/6.

Therefore, the inverse function of F(x) = 6x is given by y = x/6.

Out of the options provided:

A. F(x) = 6x: This is the original function, not the inverse.

B. F(x) = x-6: This is not the correct inverse function.

C. F(X): This option is incomplete; it does not provide an equation for the inverse.

D. F(x) = x + 6: This is not the correct inverse function.

Therefore, the correct inverse of F(x) = 6x is y = x/6.

To know more about inverse here

https://brainly.com/question/3831584

#SPJ2

Kevin entered a pie eating contest. He ate 4 pies in 132 seconds. What is kevins unit rate? Awnser without units.

Answers

Answer:

Kevin eats 1 pie for every 33 seconds that pass

Step-by-step explanation:

A unit rate is a rate with 1 in the denominator. If you have a rate, such as price per some number of items, and the quantity in the denominator is not 1, you can calculate unit rate or price per unit by completing the division operation: numerator divided by denominator.

If we were wondering how many seconds Kevin takes to eat a pie then the equation would look like:

132 seconds / 4 pies = 33 seconds per pie

33 seconds / 1 pie

However, if we were looking for how many pies Kevin eats in a second, then the equation would look like:

4 pies / 132 = .0303 or 3.03% of a pie per second

.0303 pies / 1 second

Internet service providers (ISP) need to resolve customer problems as quickly as possible. The probability for a customer call regarding Internet service interruption is resolved within one hour is 70%. During one day, the company had 10 customer calls. (10 marks)
a) What is the probability that exactly four of the customers had their problems solved? (Round your answer to the nearest thousandth).

Answers

Answer: 0.037

Step-by-step explanation:

The probability that exactly four of the customers had their problems solved will be 0.037.

Check attachment for further details. Note that 10!/6!4! = (10×9×8×7×6×5×4×3×2×1)/(6×5×4×3×2×1×4×3×2×1) = 210

Therefore,

= 210 × 0.7⁴ × 0.3^6

= 0.037

A 17 ft ladder leans against the side of a house. The top of a ladder is 15 ft off the ground. Find X, the angle of elevation of the ladder. Round answer to the nearest TENTH of a degree. (marking BRAINLEST)​

Answers

Answer:

61.92

Step-by-step explanation:

In ABC, if sin A= 4/5
and tan A=4/3
then what is cos A?

Answers

Answer:

in ABC if sin A= 4/5

and tan A=4/3

then cos is

cosA=3/5

The 18 students in Ms. Sara's class picked 660 strawberries at a strawberry patch during their field trip. If they share them equally, how many whole strawberries can each student have

Answers

Answer:

36

Step-by-step explanation:

Since there are 18 students in the class and they picked 660 strawberries, you divided 660 by 18, giving you a quotient of 36.6666667. Since the question asks for how many whole strawberries each student can have, the answer is 36.

Answer:

36

Step-by-step explanation:

In a lab a substance was cooled b 6 degrees each hour for 42 hours what was the total change it in temperature

Answers

9514 1404 393

Answer:

  total cooling was 252 degrees

Step-by-step explanation:

  quantity = rate × time

The total temperature change is ...

  (-6°/h)(42 h) = -252°

The total change in temperature was a cooling of 252 degrees.

What other expression(s) is/are equivalent to -10 + 4?Choose all that apply.A. -10 + (-4)B. 10 -(-4)C. -10 -(-4)D. -10 –4

Answers

Answer is C

Hope this helps :D

The admission fee at an amusement park is $1.50 for children and $4 for adults. On a certain day, 378 people entered the park, and the admission fees collected totaled 1,042.00 dollars. How many children and how many adults were admitted?

Answers

Answer:

188 children, 190 adults

Step-by-step explanation:

For this equation, let c be the number of children, and a represent the number of adults.

On this day 378 total people were at the park, so

a + c = 378   eq 1

Each adult pays $4, so the admission fee for ALL adults will be $4 multiplied by the number of adults , a, so 4a

Use the same method for the children, and the total all children paid is 1.50c

From all the children and adults, the total was 1042, so merge the 2 cost variables together.

4a + 1.50c = 1042   eq 2

the 2 equations we will use are

a + c = 378

4a + 1.50c = 1042

From equation 1, subtract c from both sides, and

a = 378 - c     eq 3

Substitute the value of a in eq 3 into equation 2

4a + 1.50c = 1042

4 (378 - c) + 1.50c = 1042

1512 - 4c +1.50 c = 1042 (collect like terms)

1512 - 1042 = 4c -1.50 c

470 = 2.5 c

c = 470 /2.5

c = 188 children

Substitute the value of c into eq 3 to get the value of a

a = 378 -c

a = 378 - 188

a = 190 adults

A. -12 units
B. -8 units
C. 8 units
D. 12 units

Answers

Answer:

D. 12 units

Step-by-step explanation:

l6l+l-6l=12

add the absolute values.

Complete the missing value in the solution to the equation. 2x + 3y = 12 ( 4_, 8)

Answers

Its very simple. So were saying that y is 8. 2x+24=12. Which is 2x=12-24. Which is 2x=-12. Which is x=-6. So if x is -6 when y is 8, then the value must be equal to -6. You just have to find a way to put it into the ordered pair (4_,8)...

Choose the best answer. If necessary, Question 12,9,16,1, 6,5, 84 What is the median of the data set shown?​

Answers

Answer:

The median of this problem is 9

A pound of chocolate costs 7 dollars. Rachel buys p pounds. Write an equation to represent the total cost c that Rachel pays.

Answers

Answer:

c = 7p

Step-by-step explanation:

i think

what is 4/6 ÷8/14???????????????

Answers

Answer:

7/6

Step-by-step explanation:

4/6 divided by 8/14

4/6 * 14/8

56/48

Simplified: 7/6

1.16666666667

Is the correct answer to your question!

please help me with this ​

Answers

Answer:

y = x

Step-by-step explanation:

Answer:

x = -6

Step-by-step explanation:

A line parallel to the y axis is vertical

It is in the form

x = constant

x = -6

how many days are there in xweeks and x days​

Answers

Answer:

7 DAYS IN A WEEK

Step-by-step explanation:

MONDAY TUESDAY WEDNESDAY THURSDAY FRIDAY SATURDAY SUNDA

7 DAYS

Answer:

it depends... What is X in this situation?

Step-by-step explanation:

A week has seven days.

A day has one day..?

I dont know how to help you, Sorry

f(x)=−2x
2
+8x−10
\text{Find }f(-4)
Find f(−4)

Answers

Answer:

-74

Step-by-step explanation:

f(x) = -2x^2 +8x -10

Let x = -4

f(-4) = -2 ( -4)^2 +8(-4) -10

     = -2(16) -32-10

     = -32 -32-10

    = -74

Điều kiện nf>=5;n(1-f)>=5 trong loại kiểm định giả thuyết " so sánh tỉ lệ tổng thể với số cho trước ", (với n là cỡ mẫu, f là tỉ lệ mẫu) có nghĩa là gì ?

Answers

Answer:

Step-by-step explanation:

Question 12 (2 points)
(08.04 MC)

Mia creates a box plot using 28, 34, 40, 24, 44, 49, and 32 as the data. Which of the following box plots shows the data accurately? (2 points)

a
A box plot is drawn with end points at 24 and 49.The box extends from 32 to 48 and a vertical line is drawn inside the box at 38.

b
A box plot is drawn with end points at 24 and 49.The box extends from 26 to 42 and a vertical line is drawn inside the box at 32.

c
A box plot is drawn with end points at 24 and 49.The box extends from 30 to 46 and a vertical line is drawn inside the box at 36.

d
A box plot is drawn with end points at 24 and 49.The box extends from 28 to 44 and a vertical line is drawn inside the box at 34.

Answers

Answer:

A box plot is drawn with end points at 24 and 49.The box extends from 28 to 44 and a vertical line is drawn inside the box at 34.

Step-by-step explanation:

Ordering the data given :

24,28,32,34,40,44,49

We can calculate the 5 number summary required to give the appropriate boxplot that can be produced :

Minimum = 24

Maximum = 49

Median = 1/2(n+1)th term

n = 7

Median = 1/2(8) = 4th term

Median = 34

Lower quartile, Q1 = 1/4(n+1)th term

n = 7

1/4(8) = 2nd term

Q1 = 28

Upper quartile : 3/4(n+1)th term

n = 7

Q3 = 3/4(8) = 6th term

Q3= 44

Which choice is equivalent to the expression below?
(-6)^-5
A. (1/6)^5
B. 6^5
C. (-1/6)^5
D. 30

Answers

Answer: C. (-1/6)^5

Hope this helped!! Have a nice day :))

A wave with a frequency of 60 hertz would generate 60 wave crests every

Answers

Answer is every second

Please show how you did it so I can learn​

Answers

Answer:

C

Step-by-step explanation:

We have the equation:

[tex]4x^2+5x=-10[/tex]

Add 10 to both sides to isolate the equation.

[tex]4x^2+5x+10=0[/tex]

This is not factorable*, so we can use the quadratic formula:

[tex]\displaystyle x=\frac{-b\pm\sqrt{b^2-4ac}}{2a}[/tex]

In this case, a = 4, b = 5, and c = 10.

Substitute:

[tex]\displaystyle x=\frac{-(5)\pm\sqrt{(5)^2-4(4)(10)}}{2(4)}[/tex]

Simplify:

[tex]\displaystyle x=\frac{-5\pm\sqrt{-135}}{8}[/tex]

Since we cannot take the root of a negative, we have no real solutions.

Our answer is C.

*To factor something in the form of:

[tex]ax^2+bx+c=0[/tex]

We want two numbers p and q such that pq = ac and p + q = b.

Since ac = 4(10) = 40. We need to find two whole numbers that multiply to 40 and add to 5.

No such numbers exist, so the equation is not factorable.

Answer:

c) No Real Solution

Step-by-step explanation:

I'ma try my best to explain it!

We have: 4x^2+5x=−10

Step 1: Subtract -10 from both sides.

4x^2+5x−(−10)=−10−(−10) (you don't put the -10 next to it but you put it in the bottom)

Then we get 4x^2+5x+10=0 from the subtraction above

For this equation: a=4, b=5, c=10

4x^2+5x+10=0

Then we use quadratic formula with a=4, b=5, c=10

The answer is the picture below: means no solution

Hope this helps and is correct!

you can play one game for free. Which game has a higher expected value:
a. a 0% chance of winning $1,000
b. a 10% chance of winning $50
c. a 100% chance of winning $1
d. a 25% chance of winning $100

Answers

Option d

a. 0 * 100 = $0
b. 0.1 * 50 = $5
c. 1.00 * 1 = $2
d. 0.25 * 100 = $25

- 1 7/8 + 2 1/4
Plz help im confused

Answers

The answer to this would be 3/8.

you just simplify the given terms, so -1 7/8 can be simplified into -15/8 and 2 1/4 can be simplified into 9/4, add those together to get a sum of 3 over 8 or 3/8.

Good Luck

[tex]0.375[/tex] ✅

Step-by-step explanation:

[tex] - 1 \frac{7}{8} + 2 \frac{1}{4} \\ = - \frac{15}{8} + \frac{9}{4} \\ = - \frac{15}{8} + \frac{9 \times 2}{4 \times 2} \\ = \frac{ - 15 + 18}{8} \\ = \frac{3}{8} \\ = 0.375[/tex]

[tex]\large\mathfrak{{\pmb{\underline{\orange{Happy\:learning }}{\orange{!}}}}}[/tex]

ITS AN EMERGENCY PLEASE!
Identify the power of the radicand below. 7 sq root 3 to the 4th power

A. 3
B. 4
C. 7
D. The radical above does not have a power ​

Answers

I’m pretty sure the power is 4

Determine the time 2 hours and 7 minutes after 22:57

Answers

Answer:

01:04

Step-by-step explanation:

add 7 minutes to 22:57 to get 23:04. then add 2 hours to get to 01:04.

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