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

  Find percentage of males that weigh between a range

Find the percentage of such males that weigh between 190 and 210 lb. (Note: Make sure you choose the flag value closest to 190 and 210.) Give the proportion as a decimal rounded to thousandths.

  Calculations of conditional probability

What is the conditional probability of a manager in the Division of Community Services reporting workplace sexual harassment?

  Five step approach to t test

A doctor believes that the standard deviation of systolic blood pressure is 450. A random sample of 24 patients found a standard deviation of 520. Assume the variable is normally distributed and = 0.01. What are the critical values?

  Determining analysis of chi square test

Conduct Chi Square Tests of Significance for the following analysis conducted by a counselor to determine help-seeking behavior across gender and social class of the clients in his clinic. Use the five-step model of hypothesis testing for each ana..

  Determining probability that to grab matching pair

If you arbitrarily grab 2 socks out of drawer determine the probability that you grab a matching pair?

  Job and pay statistics-normal distribution

The Wall Street Journal reported some interesting statistics on the job market. One statistic is that 40% of all workers say they would change jobs for "slightly higher pay."

  Expected return-standard deviation of portfolio

Compute the expected return and standard deviation of each of the two securities. Assume Miss Maple invested $2,500 in Security A and $3,500 in security B. Calculate the expected return and standard deviation for her portfolio.

  Correlation between unobserved student traits

Suppose we estimate this model with OLS, and there is a correlation between unobserved student traits (in the error term) with attendance. How does this bias the coefficient of attendance?

  Simulated multilinear regression equation

Suppose you went to the Bureau of Labor Statistics web site and found several predictors of your salary. State three possible predictors and a simulated multilinear regression equation along with their p-values. What does your p-values tell you ab..

  Explain final project utilize repeated-measures anova-manova

Explain a scenario associated to final project in which you would utilize repeated-measures ANOVA. Explain a scenario associated to final project in which you would use MANOVA.

  Conclusion from an anova

Suppose that the conclusion from an ANOVA is that the null hypothesis is rejected, in other words that the 6 population means are not all equal. What should we expect?

  Null and alternative hypotheses for the anova

State the null and alternative hypotheses for the ANOVA (include definitions of parameters). What assumptions do we need to proceed with ANOVA?

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