A 2014 Ford F150 was purchased new for $35,000. If the truck's current value in 2021
is $26,796.88 what is the annual rate of depreciation? (round answer to the nearest
tenth of a percent)

Answers

Answer 1

According to the solving  the annual rate of depreciation is approximately 4.77%.

What does "annual rate" refer to?

Annual percentage rate (APR) is the word used to define the annual interest that is generated by a payment that is due to investors or assessed to borrowers. The annual percentage rate, or APR, is a gauge of how much it actually costs to borrow cash over the duration of a loan or the income from an investment.

According to the given information:

V = V0 * e[tex]^(^-^r^t^)[/tex]

where:

V0 is the initial value of the asset (in this case, $35,000)

V is the current value of the asset (in this case, $26,796.88)

r is the annual rate of depreciation (what we want to find)

t is the time elapsed (in years)

We know that the time elapsed is 2021 - 2014 = 7 years.

26,796.88 = 35,000 * e[tex]^(^-^7^r^)[/tex]

Dividing both sides by 35,000, we get:

0.766195 = e[tex]^(^-^7^r^)[/tex]

ln(0.766195) = -7r

Solving for "r", we get:

r = -ln(0.766195) / 7

r ≈ 0.0477

the annual rate of depreciation is approximately 4.77%.

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Related Questions

suppose 46.37% of all voters in the last election supported the current governor. a telephone survey contacts 328 voters from the last election and asks if they voted for the current governor. what is the probability that at least half of the voters contacted supported the current governor in the last election?

Answers

The probability that at least half of the 328 voters contacted in the telephone survey supported the current governor in the last election is 0.0532.

What is the probability?

To calculate the probability that at least half of the 328 voters contacted in the telephone survey supported the current governor in the last election, we can use the binomial probability formula.

The formula is: P(x) = (ⁿCₓ) × pˣ × (1-p)⁽ⁿ⁻ˣ⁾

In this case, n = 328, p = 46.37%, and x = 164 (since half of 328 is 164).

Plugging in the numbers we get:

P(x) = ³²⁸C₁₆₄ × (0.4637)¹⁶⁴ × (0.5363)⁽³²⁸⁻¹⁶⁴⁾ = 0.0532

Therefore, the probability that at least half of the 328 voters contacted in the telephone survey supported the current governor in the last election is 0.0532.

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y is inversely proportional to the square of x. It is given that y = 8 for a particular value of x. k= When x increases by 300%, find the new value of y,​

Answers

Answer:

1/2 or .5

Step-by-step explanation:

If y is inversely proportional to the square of x, we can express this relationship using the formula:

y = k/x^2

where k is a constant of proportionality. We are told that y = 8 for a particular value of x, so we can substitute these values into the equation:

8 = k/x^2

To find the value of k, we can solve for it:

k = 8x^2

Now we are asked to find the new value of y when x increases by 300%. This means that the new value of x will be 4 times the original value (since an increase of 300% means an increase by a factor of 3, and we need to add the original value to get the new value). So we can substitute 4x for x in our equation:

y = k/(4x)^2 = k/16x^2

We already know the value of k, so we can substitute it in and simplify:

y = (8x^2)/(16x^2) = 1/2

Therefore, the new value of y is 1/2 when x increases by 300%.

the area under the entire probability density curve is equal to___a. 0b. -1c. 1d. [infinity]

Answers

The required area under the whole probability density curve is given by option C. 1.

The area under the entire probability density curve is equal to,

As the probability density function (pdf) represents the probability of a continuous random variable.

And continuous random variable taking on a specific value within a certain range.

Since the total probability of all possible outcomes must be equal to 1.

This implies that the area under the entire probability density function (pdf) curve must also be equal to 1.

Therefore, the area under the entire probability density curve function is equal to option c. 1.

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Find the area of the cicumfrance of a circle with diameter of 5ft use 3.14 for pi

Answers

Step-by-step explanation:

The formula to solve for the area of a circle is given by,

A

=

1

4

π

d

2

where

d

is the diameter.

Substituting the given, we have

A

=

1

4

×

3.14

×

(

3

ft

)

2

=

1

4

×

3.14

×

9

ft

2

A

=

7.065

ft

2

Next, solve for the circumference.

The formula for the circumference of a circle is written as,

C

=

π

d

where

d

is the diameter.

Substituting the given, we have

C

=

3.14

×

3

ft

C

=

9.42

ft

Hence, the

Area

=

7.065

ft

2

and the

Circumference

=

9.42

ft

.

Answer:

A = 19.625 ft²

C = 15.7 ft

Step-by-step explanation:

The equation for the area of a circle is πr², where r is the radius.

The radius is half of the diameter, so the radius here is 2.5.

Plug the radius into the equation and substitute 3.14 for π:

A  = 3.14 x 2.5²

2.5² = 2.5 x 2.5 = 6.25

A = 3.14 x 6.25 = 19.625

Area = 19.625 ft²

The equation for the circumference of a circle is 2πr.

Plug the radius into the equation and substitute 3.14 for π:

C = 2 x 3.14 x 2.5

C = 15.7

Circumference = 15.7 feet.

Find the 8th term of the arithmetic sequence x + 1 x+1, 8 x − 3 8x−3, 15 x − 7 ,

Answers

Answer: 50x - 27

Step-by-step explanation:

To find the 8th term of the arithmetic sequence, we need to first find the common difference between consecutive terms:

Common difference (d) = second term - first term

d = (8x - 3) - (x + 1)

d = 7x - 4

Now, we can use the formula to find the nth term of an arithmetic sequence:

an = a1 + (n - 1)d

where a1 is the first term, d is the common difference, and n is the term number we want to find.

Plugging in the values, we get:

a8 = (x + 1) + (8 - 1)(7x - 4)

a8 = x + 1 + 7(7x - 4)

a8 = x + 1 + 49x - 28

a8 = 50x - 27

Therefore, the 8th term of the arithmetic sequence x + 1, 8x - 3, 15x - 7 is 50x - 27.

How do you find height when you are doing volume with cubic units?

Answers

Answer:calculate the cube root of a cube's volume.

Step-by-step explanation:

Aamena buys a business costing $23000
She pays part of this cost with $12000 of her own money
Calculate what percentage of the $23000 this is
Show your calculations

Answers

Answer:

52.17%

Step-by-step explanation

[tex]\frac{12000}{23000}[/tex] ×100%

[tex]\frac{1200}{23}[/tex]

52.17

BRAINLY AND 20 POINTS IF ANSWERED!!!!!! roberto is walking. The distance, D, in meters, he walks can be found using the equation D=1. 4t, where t is time in seconds



[ ] meters per second

Answers

1.4m/s is the rate that Roberto is walking. We know the formula for calculating the time i.e. t= d/r.

The term "distance" refers to how far we move. The rate is a measurement of our trip speed. Time is measured by how far we travel. The distance an object will travel over time and at a specific average rate is the subject of rate problems.

Given,

Distance = D

D= 1.4t

Rate= ?

Substituting the given values in the formula t= d/r

where,

t= time in seconds

d= distance

r= rate

We get,

t= 1.4t/r

t/1.4t= 1/r

t gets cancelled

so we have,

1/1.4= 1/r

r= 1.4m/s

Therefore, 1.4m/s is the rate at which Roberto is walking.

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The complete question is as follows:

Roberto is walking. The distance, D, in meters, he walks can be found using the equation D=1. 4t, where t is time in seconds.

What is the rate that Roberto's walking in meters per second?

a) Work out the value that completes the equation for the line on the graph. b) If Keira has burned 640 calories cycling, how many miles has she cycled? Give any decimal answers to 2 d.p. x distance cycled Number of calories burned against distance cycled calories burned Calories burned 400 350 300- 250 200 150 100 50 0 2 4 6 8 10 12 14 16 Distance cycled (miles)​

Answers

The value that completes the equation for the line on the graph is -200. Keira has cycled 44.8 miles if she has burned 640 calories.

What is slope?

It describes how much the dependent variable (y) changes for a given change in the independent variable (x).

According to question:

a) To work out the value that completes the equation for the line on the graph, we need to find the equation of the line that passes through two points on the graph. Let's choose two points on the line, for example, (8, 250) and (16, 400).

In this case, the change in y is 400 - 250 = 150, and the change in x is 16 - 8 = 8. Therefore, the slope is:

slope = 150 / 8 = 18.75

y - y1 = m(x - x1)

Let's use the point (16, 400):

y - 400 = 18.75(x - 16)

Simplifying this equation, we get:

y = 18.75x - 200

Therefore, the value that completes the equation for the line on the graph is -200.

b) To find the distance cycled if Keira has burned 640 calories, we need to use the equation of the line we found in part (a). We can set y (calories burned) equal to 640 and solve for x (distance cycled):

640 = 18.75x - 200

840 = 18.75x

x = 44.8 (rounded to 2 decimal places)

Therefore, Keira has cycled 44.8 miles (to 2 decimal places) if she has burned 640 calories.

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Find a basis for the space of 2x2 lower triangular matrices:

Answers

A basis for the space of 2x2 lower triangular matrices is [tex]\left(\left[\begin{array}{ccc}1&0\\0&0\end{array}\right],\left[\begin{array}{ccc}0&0\\1&0\end{array}\right],\left[\begin{array}{ccc}0&0\\0&1\end{array}\right]\right)[/tex].

Lower triangular matrices resemble the following:

[tex]\left[\begin{array}{ccc}a&0\\b&c\end{array}\right][/tex]

We can write it like this:

[tex]a\left[\begin{array}{ccc}1&0\\0&0\end{array}\right]+b\left[\begin{array}{ccc}0&0\\1&0\end{array}\right]+c\left[\begin{array}{ccc}0&0\\0&1\end{array}\right][/tex]

This demonstrates the set's

[tex]\left(\left[\begin{array}{ccc}1&0\\0&0\end{array}\right],\left[\begin{array}{ccc}0&0\\1&0\end{array}\right],\left[\begin{array}{ccc}0&0\\0&1\end{array}\right]\right)[/tex]

covers the set of lower triangular matrices with dimensions 2x2. Moreover, these are linearly independent, so attempting to

[tex]a\left[\begin{array}{ccc}1&0\\0&0\end{array}\right]+b\left[\begin{array}{ccc}0&0\\1&0\end{array}\right]+c\left[\begin{array}{ccc}0&0\\0&1\end{array}\right]=\left[\begin{array}{ccc}0&0\\0&0\end{array}\right][/tex]

leads to

[tex]\left[\begin{array}{ccc}a&0\\b&c\end{array}\right] =\left[\begin{array}{ccc}0&0\\0&0\end{array}\right][/tex]

which results in a = b = c = 0 right away. As there is no other way to

[tex]a\left[\begin{array}{ccc}1&0\\0&0\end{array}\right]+b\left[\begin{array}{ccc}0&0\\1&0\end{array}\right]+c\left[\begin{array}{ccc}0&0\\0&1\end{array}\right]=\left[\begin{array}{ccc}0&0\\0&0\end{array}\right][/tex]

, these matrices are linearly independent if a = b = c = 0.

Since

[tex]\left(\left[\begin{array}{ccc}1&0\\0&0\end{array}\right],\left[\begin{array}{ccc}0&0\\1&0\end{array}\right],\left[\begin{array}{ccc}0&0\\0&1\end{array}\right]\right)[/tex]

they serve as a foundation by spanning the collection of 2x2 lower triangular matrices and being linearly independent.

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If p and q vary invarsely and p is 11 when q is 28, determine q when p is equal to 4​

Answers

77 is the value of Q in linear equation.

What in mathematics is a linear equation?

A linear equation is an algebraic equation of the form y=mx+b, where m is the slope and b is the y-intercept, and only a constant and a first-order (linear) term are included. The variables in the previous sentence, y and x, are referred to as a "linear equation with two variables" at times.  

                                   Equations with power 1 variables are known as linear equations. One example with only one variable is where ax+b = 0, where a and b are real values and x is the variable.

P ∝ 1/Q

PQ = K

AT P= 11

Q = 28

11 * 28 = K

K = 308

AT P = 4

4Q = 308

Q = 77

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If point is slid(translated) 4 units to the right, what would the new coordinates be (3,-4)

Answers

the answer is (7,-4)

A car travelling at a constant speed travels 60 km 30 minutes .how far will it travel in 2hrs,if it continues at the same constant speed

Answers

Answer: 240 miles in 2 hours

Step-by-step explanation:

we know the car is traveling 60 km per half hour (30 minutes)

so to find km per hour, multiply both by 2.

the rate of speed is 120 miles per 60 minutes (1 hour)

multiply 120 mph by the 2 hours given = 240 miles in 2 hours

Answer:

240 km in 2 hours

Step-by-step explanation:

If the car travels 60 km in 30 minutes, then its speed can be calculated as follows:

Speed = distance ÷ time

Speed = 60 km ÷ (30 minutes ÷ 60) = 120 km/hour

Since the car is traveling at a constant speed, we can use the formula:

Distance = Speed × Time

To find how far the car will travel in 2 hours, we can substitute the values we have found:

Distance = Speed × Time

Distance = 120 km/hour × 2 hours

Distance = 240 km

Therefore, the car will travel 240 km in 2 hours if it continues at the same constant speed.

A regular hexagon has side lengths of 2x and has a perimeter that is equal to an isosceles triangle with legs of x + 4 and a base that is 3 less than one of the legs. Write and solve equation to find the length of one side of the hexagon.

Answers

According to the formula, the length of one side of the hexagon is 21/4 or 5.25 units.

What is the perimeter of the regular hexagon?

Let's call the length of one side of the regular hexagon "s". Since a hexagon has six sides, the perimeter of the hexagon is 6s.

According to the problem, this is equal to the perimeter of an isosceles triangle with legs of x+4 and a base that is 3 less than one of the legs.

The perimeter of the isosceles triangle is given by:

perimeter = 2(x+4) + (x+1)

where (x+1) is the length of the base (which is 3 less than one of the legs).

Setting the perimeters equal, we get:

6s = 2(x+4) + (x+1)

6s = 3x + 9

s = (3/2)x + (3/4)

We also know that the side lengths of the hexagon are 2x. Substituting this into the equation for "s", we get:

2x = (3/2)x + (3/4)

x = 3

Therefore, the length of one side of the hexagon is:

s = (3/2)x + (3/4) = (3/2)(3) + (3/4) = 9/2 + 3/4 = 21/4

So the length of one side of the hexagon is 21/4 or 5.25 units.

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Write a method removeAll that removes all occurrences of a particular value. For example, if a variable list contains the following values:[3, 9, 4, 2, 3, 8, 17, 4, 3, 18]The call of list.removeAll(3); would remove all occurrences of the value 3 from the list, yielding the following values:[9, 4, 2, 8, 17, 4, 18]If the list is empty or the value doesn't appear in the list at all, then the list should not be changed by your method. You must preserve the original order of the elements of the list.

Answers

It should be noted that this approach follows the need to maintain the list's original order of elements.

what is function ?

A function is a relationship between a set of possible outcomes (referred to as the range) and a set of inputs (referred to as the domain), with the property that each input is associated to exactly one output. A function, then, is a mathematical rule that designates a specific output value for each input value. Equations, graphs, and tables are frequently used to represent functions. They are employed to mimic real-world occurrences and to address issues in numerous branches of mathematics, science, engineering, and other disciplines.

given

The value to be deleted from the list is represented by an integer value that the method accepts as an argument.

The method iterates through the list's components using a while loop.

The method determines if the current element equals the requested value while it is in the loop. If so, the procedure uses the ArrayList class's remove method to remove the element from the list. If not, the method increases the index variable and moves on to the next element.

The procedure keeps going over the list until all instances of the given value have been eliminated.

It should be noted that this approach follows the need to maintain the list's original order of elements.

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which of the following was traditionally an assumption underlying the independent samples t-test question 10 options: a) scores must be drawn from a normally distributed population b) variances should be unequal in both groups c) data should be at the nominal level d)all of the above

Answers

The assumption underlying the independent samples t-test is that the scores must be drawn from a normally distributed population. Option A is correct.

What is a t-test?

A t-test is a statistical method that determines whether two groups of observations are significantly different from one another. When comparing the means of two populations, the t-test is commonly used. The t-test is used to determine whether two groups' means are significantly different when the samples are drawn from normally distributed populations with equal variances.

The t-test is a powerful tool for determining whether a sample is significantly different from a population or whether two samples are significantly different from one another. The independent samples t-test, as opposed to the dependent samples t-test, is a t-test that compares the means of two independent groups. In this situation, the groups are separate and distinct.

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A simplified carbon cycle with aerobic and anaerobic processes is depicted here. Although much of the emphasis on global climate change has been on increasing carbon dioxide levels, methane is also a greenhouse gas whose levels are increasing due to human and other activity. Which of these actions would increase methane levels in the atmosphere and potentially affect global climate change? Select ALL that apply.

--------------------------------------------------------------------------------------------------------------------------------

A Agricultural practices in rice cultivation releases methane.Agricultural practices in rice cultivation releases methane.

B Anaerobic digestion of cellulose by cows produces methane.Anaerobic digestion of cellulose by cows produces methane.

C Photosynthesis by phytoplankton converts carbon dioxide into the atmosphere.Photosynthesis by phytoplankton converts carbon dioxide into the atmosphere.

D Industrial combustion of fossil fuels releases methane into the atmosphere.Industrial combustion of fossil fuels releases methane into the atmosphere.

E Anaerobic decomposition of landfill material releases methane into the atmosphere.

Answers

In attempts to reduce greenhouse gas emissions and the effects of climate change, these sources must be taken into account.

what is equation ?

A mathematical equation is a claim that two expressions are equal, typically represented with an equal sign (=) between them. The terms "left hand side" (LHS) and "right hand side" (RHS) of the equation, respectively, refer to the expressions on either side of the equal sign. Equations are a common tool for problem solving because they may be used to depict relationships between variables or quantities and to determine the value(s) of the unknown variable(s) that satisfies the equation. For instance, the link between the variables x and the integers 2, 5, and 11 is represented by the equation 2x + 5 = 11. Finding the value of x that makes the left and right sides of the equation equal is necessary to solve this equation.

given

A) Rice farming operations release methane into the atmosphere.

B) Methane is created when cows break down cellulose anaerobically.

E) Methane is released into the atmosphere when landfill material decomposes anaerobically.

Any of the aforementioned behaviours would raise the atmospheric methane concentrations and may have an impact on climate change globally.

Methane is a greenhouse gas that causes the atmosphere of the Earth to warm.

It is produced by both natural and artificial processes. Examples of human activities that contribute to methane emissions into the atmosphere include the production of rice, cattle digestion, and landfill decomposition.

In attempts to reduce greenhouse gas emissions and the effects of climate change, these sources must be taken into account.

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The daily temperatures for the winter months in Virginia are Normally distributed with a mean of 59 F and a

standard deviation of 10°F. A random sample of 10 temperatures is taken from the winter months and the mean

temperature is recorded. What is the standard deviation of the sampling distribution of the sample mean for all

possible random samples of size 10 from this population?

Answers

The  standard deviation of the sampling distribution of the sample mean for the given sample size is equal  to 3.1623°F.

For the normally distributed data,

Mean of the population distribution 'μ' = 59F

Population standard deviation 'σ' = 10°F

Sample size 'n' = 10

Formula for the standard deviation of the sampling distribution of the sample mean (also known as the standard error of the mean) is equal to ,

= σ / √(n)

Substitute the value to get the standard deviation of the sampling distribution of the sample mean we get,

= 10°F / √(10)

= 3.1623°F

Therefore, the standard deviation of the sampling distribution of the sample mean for all possible random samples of size 10 from this population is approximately 3.1623°F.

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auditors compared opinions about treatment (very good/acceptable/poor) at four va hospitals (labeled a,b,c,d) among veterans aged 50 and above. what are the hypotheses for a chi-square test of independence on the data? select one:

Answers

The hypotheses for a chi-square test of independence on the data that auditors compared opinions about treatment (very good/acceptable/poor) at four VA hospitals (labeled a,b,c,d) among veterans aged 50 and above are:

Null hypothesis, H0: There is no association between the opinions about treatment of the VA hospitals and veterans aged 50 and above.

Alternative hypothesis, Ha: There is an association between the opinions about treatment of the VA hospitals and veterans aged 50 and above.

Hypothesis Testing is a type of statistical analysis in which you put your assumptions about a population parameter to the test. It is used to estimate the relationship between 2 statistical variables.

An analyst performs hypothesis testing on a statistical sample to present evidence of the plausibility of the null hypothesis. Measurements and analyses are conducted on a random sample of the population to test a theory. Analysts use a random population sample to test two hypotheses: the null and alternative hypotheses.

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Jayden evaluated the expression a + (2 + 1. 5) for a = 14. He said that the value of the expression was 8. 5. Select all the statements that are true. Jayden's solution is incorrect. Jayden added inside the parentheses before dividing. Jayden substituted the wrong value for a. Jayden divided 14 by 2 and then added 1. 5. Jayden added inside the parentheses before multiplying. ​

Answers

It is true that Jayden's solution is incorrect. It is false that Jayden added inside the parentheses before dividing.

It is false that Jayden substituted the wrong value for a. It is true that Jayden divided 14 by 2 and then added 1. 5. Jayden added inside the parentheses before multiplying. ​

1) The correct solution is

Given,

a ÷ (2 + 1. 5)

Substituting the value of a which is 14

= 14 ÷ (2 + 1. 5)

= 14 ÷ 3.5

= 4

2) As there is no term which needs to be divided so, the second statement is false.

3) Jayden didn't substitute the wrong value of a he just solved the given expression without considering the bracket and divided the 14 which is the value of a by 2.

4) Jyaden divided 14 by 2 and then added 1. 5. Jayden added inside the parentheses before multiplying. ​

i.e. a ÷ (2 + 1. 5)

14 ÷ 2 + 1. 5

7+1.5

8.5

This is the way Jayden solved the equation due to which he arrived at the wrong solution.

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The Correct question is as below

Jayden evaluated the expression a ÷ (2 + 1.5) for a = 14. He said that the answer was 8.5. Choose True or False for each statement.

1. Jayden's solution is incorrect.

2. Jayden added in the parentheses before dividing.

3. Jayden substituted the wrong value for a.

4. Jayden divided 14 by 2 and added 1.5

how many liters of a 25 % 25%, percent saline solution must be added to 3 33 liters of a 10 % 10, percent saline solution to obtain a 15 % 15, percent saline solution?'

Answers

Answer:

Here, x represents the amount (in liters) of the 25% saline solution to be added.

We can see that the 25% saline solution needs to be mixed with the 10% saline solution to obtain a mixture that is 15% saline. The ratio of the volumes of the 25% and 10% solutions can be found by subtracting the concentrations of the two solutions and dividing by the difference between the desired concentration and the concentration of the 10% solution:

x / (3.33 - x) = (15 - 10) / (25 - 10) = 5/15 = 1/3

Multiplying both sides by 3.33 - x, we get:

x = (1/3) (3.33 - x)

Multiplying both sides by 3, we get:

3x = 3.33 - x

Solving for x, we get:

x = 0.833 liters

Therefore, 0.833 liters of the 25% saline solution must be added to 3.33 liters of the 10% saline solution to obtain 4.163 liters of a 15% saline solution.

Step-by-step explanation:

Can someone please help me with this?

Answers

The measure of the side MR is given as 20

How to solve for the side MR

We have to first find the value of the angle

∠TQR = 180 - (35 + 25)

= 180 - 60

= 120 degrees

180 - 120 = 60 degrees

angle TPR  = 90 degrees

next we have to find ∠PTQ

= 180 - (90 + 60)

= 180 - 150

= 30 degrees

given that TMN = TQR

TNP = PTQ

So if TMN = 35 degrees since TQR = 35 degrees

PTQ = 30, so TNP = 30 degrees

The measure of QR = 4 since MN = 4

NP = pq

np = 6

Hence the measure of MR

= 4 + 6 + 6 + 4

= 20

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Work out the fraction and ratio that
complete the equations below.
Give each answer in its simplest form.
a) h:k=5:6
h =
k
b) 2x=9y
x:y
=
:

Answers

The fraction and ratio that complete the equations in its simplest term is 5/6k and 2 : 9 respectively.

What is the fraction and ratio that complete the equations?

h : k = 5 : 6

h/k = 5/6

cross product

h × 6 = k × 5

6h = 5k

divide both sides by 6

h = 5/6k

Then,

2x = 9y

2/9 = x/y

2 : 9 = x : y

Ultimately, the simplest form of fraction and ratio which completes the equation is 5/6k and 2:9.

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FOR BRAINLIEST!!

Directions: Solve for x. The figure is a parallelogram​

Answers

Answer:

Answer is in the picture

Step-by-step explanation:

Hope you understand :)

Answer:

x = 10

-----------------------------

According to one of the properties of a parallelogram, any two consecutive interior angles are supplementary.

We know supplementary angles add up to 180°.

Apply this property to the given parallelogram and set up the following equation:

35 + 14x + 5 = 18014x + 40 = 18014x = 140x = 10

a manager recorded the number of gallons of ice cream sold for the past six periods. he asked you to choose a forecasting model to predict the demand for gallons of ice cream in period 7. you consider applying a two-period moving average model and a two-period weighted moving average model with weights of 0.6 and 0.4. a) which model is better for this data set (hint: show all your work including forecasts for each period and calculations using measures of forecast accuracy)? (9 points)

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The two-period moving average model and the two-period weighted moving average model are both common forecasting methods used to predict future demand. and we understand that the model with the lower MAD and MSE values will have the most accurate forecast.

To determine which model is better for this particular data set, we need to compare the accuracy of each model. To do this, we will calculate the Mean Absolute Deviation (MAD) and the Mean Squared Error (MSE) for each model.
For the two-period moving average model, we can calculate the forecast for period 7 by taking the average of p5 and 6:

Period 7 forecast = (Gallons in Period 5 + Gallons in Period 6)/2

For the two-period weighted moving average model, we can calculate the forecast for period 7 by using the weights of 0.6 and 0.4:

Period 7 forecast = (0.6 x Gallons in Period 5) + (0.4 x Gallons in Period 6)

We can then compare the accuracy of each model by calculating the MAD and MSE. To calculate MAD, we need to subtract the actual demand in each period from the forecasted demand and take the absolute value:

MAD = |Actual demand – Forecasted demand|

To calculate MSE, we need to square the differences between the actual demand and the forecasted demand:

MSE = (Actual demand – Forecasted demand)^2

After calculating the MAD and MSE for each model, we can compare the results to determine which model is better for this data set. The model with the lower MAD and MSE values will have the most accurate forecast.

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a certain congressional committee consists of 13 senators and 9 representatives. how many ways can a subcommittee of 5 be formed if at least 2 of the members must be representatives?

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Answer:

Step-by-step explanation:

Construct a residual plot of the amount of money in a person’s bank account and their age that would indicate a linear model

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To construct a residual plot of the relationship between the amount of money in a person's bank account and their age, we need to first create a linear model of the data. Assuming we have a dataset of (age, bank account) pairs, we can create a linear model using linear regression. Let the model be:

bank account = β0 + β1 * age + ε

where β0 and β1 are the intercept and slope coefficients of the model, and ε is the error term.

Once we have created the model, we can calculate the residuals for each data point by subtracting the predicted value of the bank account from the actual value:

residual = bank account - (β0 + β1 * age)

We can then plot the residuals against the age values to create the residual plot. If the model is a good fit for the data, we would expect to see a random scatter of points around the horizontal axis, with no clear patterns or trends. If there is a clear pattern in the residual plot, it suggests that the model is not a good fit for the data.

In this example, we can see that the residuals are scattered randomly around the horizontal axis, with no clear pattern or trend. This suggests that a linear model is a good fit for the data.

Note that constructing a residual plot is just one way to assess the fit of a linear model. It's always a good idea to use multiple methods to check that a model is a good fit for the data.

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Weight of a badminton racket is 0. 950 kg find the weight of 12 such rackets

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The weight of 12 badminton rackets, each weighing 0.950 kg, is 11.4 kg.

The weight of an object refers to the force exerted by gravity on that object. This force is typically measured in units of mass, such as kilograms or pounds. In the case of badminton rackets, the weight is usually measured in grams.

Now, let's consider the weight of a single badminton racket. You've been given the information that the weight of one racket is 0.950 kg. This means that the force exerted by gravity on that racket is 0.950 kg.

If you want to find the weight of 12 such rackets, you need to multiply the weight of one racket by 12. This gives you:

0.950 kg x 12 = 11.4 kg

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In order to make the same amount of money, they would have to each sell ______ bicycles. They would both make $______.

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In order to make the same amount of money, they would have to each sell 5 bicycles. They would both make $500

How many bicycle would they sell to make the same amount of money?

To find the number of bicycles they would need to sell to make the same amount of money,

We can set Jim's and Tom's weekly earnings equal to each other and solve for the number of bicycles:

250 + 50x = 400 + 20x

30x = 150

x = 5

So they would need to sell 5 bicycles to make the same amount of money.

How much would they make for selling that amount

To find out how much money they would make for selling 5 bicycles, we can substitute x = 5 into either equation.

Let's use Jim's equation:

250 + 50(5) = 500

So they would make $500 for selling 5 bicycles.

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Consider a Markov chain with transition matrix 1 2345 1 (1/2 1/2 0 0 0 2 2/3 0 1/3 0 0 3 3/4 0 0 /4 0 44/5 00 0 1/5 5 5/6 0 000 defined by i/(i + 1), if j = 1, Pij = l/(i +1), if j = i +1, 0, otherwise. (a) Does the chain have a stationary distribution? If yes, exhibit the distribution. If no, explain why (b) Classify the states of the chain (c) Repeat part (a) with the row entries of P switched. That is, let 1/(i +1), ifjsl. 0, otherwise

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Considering the Markov chain with transition matrix, the chain does have stationary distribution which exhibits State 1 is transient and the stationary distribution is (2/9, 4/9, 8/27, 16/81, 32/729).

(a) Yes, the chain has a stationary distribution. To find it, we need to solve the system of equations π = πP, where π   is the vector of probabilities for each state and P is the transition matrix. This gives us:

π_{1} = π(1/2)

π_{2} = π(1/3) + π(2/2)

π_{3}= π(2/4) + π(3/2)

π_{4} = π(3/5) + π(4/2)

π_{5}= π4/5

We also have the normalization condition π1 + π2 + π3 + π4 + π5 = 1.

Solving this system of equations, we get:

π_{1} = 10/97

π_{2} = 30/97

π_{3}= 40/97

π_{4} = 14/97

π_{5}= 3/97

So the stationary distribution is (10/97, 30/97, 40/97, 14/97, 3/97).

(b) State 1 is transient, and all other states are recurrent.

(c) Yes, the chain still has a stationary distribution. We need to solve the system of equations  π = Pπ, where P is the new transition matrix. This gives us:

π_{1} = π(1/2)

π_{2} = π(1/3) + π(2/2)

π_{3}= π(2/4) + π(3/2)

π_{4} = π(3/5) + π(4/2)

π_{5}= π4/5

We also have the normalization condition π1 + π2 + π3 + π4 + π5 = 1.

Solving this system of equations, we get:

π_{1} = 2/9

π_{2}  = 4/9

π_{3} = 8/27

π_{4} = 16/81

π_{5}  = 32/729

So the stationary distribution is (2/9, 4/9, 8/27, 16/81, 32/729)

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