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Furkat
2 days ago
6

Evelyn has $524.96 in her checking account. She must maintain a $500 balance to avoid a fee. She wrote a check for $32.50 today.

Write an inequality that would be used to solve for the least amount of money she needs to deposit to avoid a fee. 524.96 − 32.50 + x ≥ 500 524.96 − 32.50 + x ≤ 500 524.96 + 32.50 − x ≥ 500 524.96 + 32.50 − x ≤ 500
Mathematics
1 answer:
AnnZ [9K]2 days ago
4 0

Answer:

524.96 − 32.50 + x ≥ 500

Amount needed to deposit = $7.54

Step-by-step explanation:

Given:

Checking account balance = $524.96

Required balance = $500

Amount of the check = $32.50

To find:

Amount required to deposit

Calculation:

Let x denote the deposit amount needed

Thus,

To avoid a fee

524.96 − 32.50 + x ≥ 500

x = 7.54

Amount required to deposit = $7.54

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Answer:

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Step-by-step explanation:

The cut length of the square corresponds to the box height.

1. a

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Answer:

a) Slope: \hat \beta_1 =\frac{7625.9}{1248.9}=6.106

Intercept: \hat \beta_o = 157.955 -6.106 (69.686)=-267.548

b) r=\frac{7625.9}{\sqrt{[1248.9][94228.8]}}=0.657

Additionally, the coefficient of determination is r^2 = 0.657^2 =0.432

Step-by-step explanation:

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n=110, \sum x_i y_i = \sum (X-\bar X)(Y-\bar Y) =7625.9,\sum x^2_i=\sum (x-\bar x)^2 =1248.9, sum y^2_i=\sum(y-\bar y)^2 =94228.8

\sum Y_i =17375, \sum X_i = 7665.5

Part a

The slope can be calculated using this formula:

\hat \beta_1 =\frac{\sum (x-\bar x) (y-\bar y)}{\sum (x-\bar x )^2}

Following the substitutions, we have:

\hat \beta_1 =\frac{7625.9}{1248.9}=6.106

The intercept can be determined with this formula:

\hat \beta_o = \bar y -\hat \beta_1 \bar x

Average values for x and y can be calculated this way:

\bar X=7665.5/110 =69.686, \bar y= 17375/110=157.955

Replacing yields:

\hat \beta_o = 157.955 -6.106 (69.686)=-267.548

Part b

The correlation coefficient can be calculated using the following formula:

r=\frac{\sum (x-\bar x)(y-\bar y) }{\sqrt{[\sum (x-\bar x)^2][\sum(y-\bar y)^2]}}

In our situation:

n=110, \sum x_i y_i = \sum (X-\bar X)(Y-\bar Y) =7625.9,\sum x^2_i=\sum (x-\bar x)^2 =1248.9, sum y^2_i=\sum(y-\bar y)^2 =94228.8

We can compute the correlation coefficient by substituting values:

r=\frac{7625.9}{\sqrt{[1248.9][94228.8]}}=0.657

The coefficient of determination is r^2 = 0.657^2 =0.432

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