Solving compound inequality

Assignment Help Basic Statistics
Reference no: EM13120141

The number of senior citizens (65 and older) in the US in millions n years after 1990 can be estimated using the formula

s=0.38n+31.2

The percentage of senior citizens living below the poverty level n years after 1990 can be estimated using the formula

p= -0.25n+12.2

a) How many senior citizens were there in 2000?

b) In what year will the percentage of seniors living below the poverty level reach 7%

c) What is the first year in which we can expect both the number of seniors to be greater than 40 million and fewer than 7% living below the poverty level?

Reference no: EM13120141

Questions Cloud

What is his realized gain or loss : Three years later, the shareholder ssells the land for $220,000. What is his realized gain or loss?
Why do you think that they have made this change : For the longest time, companies offered the employees who stayed with the company for many years a defined pension plan for to help them retire when it was time. That time has since passed and companies now offer a defined contribution plan instea..
Determining algebra-revenue-demand equation : In this problem, we will analyze the profit found for sales of decorative tiles. A demand equation (sometimes called a demand curve) shows how much money people would pay for a product
Find probability that return for common stocks is greater : Assume that these distributions are distributed as normal random variables with the means and standard deviations given previously. Find the probability that the return for common stocks will be greater than 8%.
Solving compound inequality : The number of senior citizens (65 and older) in the US in millions n years after 1990 can be estimated using the formula
Ratios for the two types of inventories : Discuss some possible reasons for differences between these ratios for the two types of inventories. Round answers to one decimal place.
Create confidence interval of true proportion of boys : It was found that in a sample of 215 teenage boys, 59% of them have received speeding tickets. What is the 95% confidence interval of the true proportion of teenage boys who have received speeding tickets?
Graph the inequality between hip and waist sizes : A study concluded that waist to hip ratios are a better predictor of 5-year survival than more traditional height-to-weight ratios.
Gravel path of equal width : A rectangular garden has dimensions of 25 feet by 19 feet . A gravel path of equal width is to be built around the garden. How wide can the path be if there is enough gravel for 672 square feet?

Reviews

Write a Review

Basic Statistics Questions & Answers

  Hypothesis testing-confidence interval for two proportion

Establish a 99% confidence interval for the difference in the proportion of suburban and urban housewives who own IPod.

  How many assistants should dean assign to advisor

Approve a schedule by .25 minute, down to a minimum time of 1.0 minute to approve a schedule. How many assistants should the dean assign to the advisor?

  Annual precipitation-normal distributions

The annual precipitation amounts in certain mountain range are normally distributed with a mean of 88 inches, and a standard deviation of 10 inches.

  Independent variable and race of victims

Let's treat race of offenders as the independent variable and race of victims as the dependent variable. If we first ignore the independent variable and try to predict race of victim, how many errors will we make?

  Determining processing time

Consider a worker-paced line with three process steps, each of which is staffed with one worker. The sequence of the three steps does not matter for the completion of the product.

  Describing economic order quantity

A large bakery buys flour in 25-pound bags. The bakery uses an average of 4,860 bags a year. Preparing an order and receiving a shipment of flour involves a cost of $10 per order. Annual carrying costs are $75 per bag.

  Level of measurement for no significant difference

What is the level of measurement for there is no significant difference between marital ages of men and women? and ther eis a significant difference between marital ages between men and women.

  Difference between the discrete and the continuous

Explain the difference between a discrete and a continuous random variable. Give two examples of each type of random variable.

  Hypothesis testing of mean-five step technique

The city of Laguna Beach operates two public parking lots. The one on Ocean drive can accommodate upto 125 cars and the one on Rio Rancho can accommodate upto 130 cars.

  Provide sufficient evidence of mean

Does the sample provide sufficient evidence that the mean pH level in the water differs from 8.5? Conduct a test at the ? = .01 level. What are the upper and lower limits of the 95% confidence intervals?

  Percentage of sample means

A final exam in Statistics has a mean of 73 with a standard deviation of 7.73. Assume that a random sample of 24 students is selected and the mean test score of the sample is computed. What percentage of sample means are less than 70?

  Solving question using normal distribution having mean

Normal distribution has mean of 80 and standard deviation of 14. Find out the value above which 80 percent of values will occur.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd