The average monthly mortgage payment in a large city is $1500 with a standard deviation of $175. Use Chebyshev's Rule to address the following questions. Round solutions to two decimal places, if necessary. At least 93.75% of the monthly mortgage payments lie between $ and S At least what percentage of the monthly mortgage payments lie between $975 and $2025? At least what percentage of the monthly mortgage payments lie between $275 and $2725?

The average monthly mortgage payment in a large city is $1500 with a standard deviation of $175. Use Chebyshev's Rule to address the following questions. Round solutions to two decimal places, if necessary. At least 93.75% of the monthly mortgage payments lie between $ and S At least what percentage of the monthly mortgage payments lie between $975 and $2025? At least what percentage of the monthly mortgage payments lie between $275 and $2725?

College Algebra (MindTap Course List)

12th Edition

ISBN:9781305652231

Author:R. David Gustafson, Jeff Hughes

Publisher:R. David Gustafson, Jeff Hughes

Chapter4: Polynomial And Rational Functions

Section4.6: Rational Functions

Problem 11SC: Find the mean hourly cost when the cell phone described above is used for 240 minutes.

See similar textbooks

Related questions

Q: 11.) Jill's front door is 42" wide and 84" tall. She purchased a circular table that is 96 inches in…

Q: The area of the square is 12, and the area of the circle is 30. Does the area of the entire shaded…

A: GIVEN: Area of square = 12 Area of circle = 30 To Find: To check the total area of shaded region

Q: Are the 3 sides lengths form a right triangle

Q: There are 7 points in a circle, how many different polygons can be formed?

A: There are total 7 points, Consider that the number of different combinations of 'n' objects taken…

Q: 8. Find: a) the square roots of z=1-√2j. b) the cube roots of z=-1-j.

Q: Explain in detail why a square could also be: a rectangle, a rhombus, and a parallelogram. You have…

A: Given, Explain in detail why a square could also be : a rectangle, a rhombus and a…

Q: The football coach is overseeing the installation of new goal posts on the football field. He is…

Q: 4. Maria walked 3 km west and 4 km south. Calculate how far she is from her starting point.

A: We need to find the total displacement from starting to ending.

Q: 9. A) 8 C) 5 B) 6 D) 4

Q: . Suppose you have to make a hexagonal box. Each side of the box has to be X (your student ID) cm…

A: Hexagon is a figure with six sides. A hexagonal box will have six sides and two faces up and down as…

Q: 12.) Given a square has a perimeter of 50 centimeters, what is the area of the square?

Q: 2. Let A = (1, –1, 2) and B = (4, –2, 3). Solve for projĄB.

Q: solve triangle for a＝2，c＝1，C＝100。

Q: Describe three conditions under which two triangles would becongruent.

A: we need two triangles to describe about congruent

Q: A pennant flag that is 2 inches high with a base of 1.5 inches has an area of 1.5 square inches. The…

A: Explanation of the answer is as follows

Q: 3) x3-125 = 0

Q: 7. Laptop screen sizes are determined by the length of the diagonal portion of the screen, rounded…

Q: Solve for x and y, using GEOMETRIC conjectures, etc. (Someone answered this with what looked like…

Q: f'(8)= xcas (2x)

A: Function and it's derivatives

Q: Find the radius of a circle circumscribed about the triangle for which A=50 degrees, B=20 degrees,…

Question

100%

#27). Please show work, how to solve and circle answers.

The average monthly mortgage payment in a large city is $1500 with a standard deviation of $175.
Use Chebyshev's Rule to address the following questions. Round solutions to two decimal places, if
necessary.
At least 93.75% of the monthly mortgage payments lie between $
and $
At least what percentage of the monthly mortgage payments lie between $975 and $2025?
At least what percentage of the monthly mortgage payments lie between $275 and $2725?
%

Expert Solution

This question has been solved!

Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.

This is a popular solution!

SEE SOLUTION Check out a sample Q&A here

Step 1 : Introduction

VIEW

Step 2

VIEW

Trending now

This is a popular solution!

Step by step

Solved in 2 steps

SEE SOLUTION Check out a sample Q&A here

Similar questions

Find the mean hourly cost when the cell phone described above is used for 240 minutes.
John Kittle, an independent insurance agent, uses a five-year moving average to forecast the number of claims made in a single year for one of the large insurance companies he sells for. He has just discovered that a clerk in his employ incorrectly entered the number of claims made four years ago as 1,400 when it should have been 1,200.a. What adjustment should Mr. Kittle make in next year’s forecast to take into account the corrected value of the number of claims four years ago?b. Suppose that Mr. Kittle used simple exponential smoothing with a = .2instead of moving averages to determine his forecast. What adjustment is now required in next year’s forecast? (Note that you do not need to know the value of the forecast for next year in order to solve this problem.)
The interest rate for the financing of a used car is on average 9% with a standard deviation of 3%. Assuming that interest rates for used car loans are normally distributed, approximately what percent of loans have an interest rate that is 3% and 15%? A.99.7% B.95% C.68% D.34%
Man.8
Given: 4 = 45,a = 3. What is the raw score when: %3D
Annual revenue for Corning Supplies grew by 5.5% in 2010, 1.1% in 2011, -3.5% in 2012, -1.1% in 2013,and 1.8% in 2014. What is the mean growth annual rate over this period?
Worried about going over her storage limit, Wendy monitored the number of undeleted voicemail messages stored on her phone each day. Voicemail messages on Wendy's phone Day Voicemail messages Tuesday 19 Wednesday 8 Thursday 13 Friday 9 Saturday 22 According to the table, what was the rate of change between Thursday and Friday? voicemail messages per day
Maximizing the profit of timber harvesting involves considering all of the following except: A. the interest rate B. the total costs of harvesting C. the ecological value of forest diversity D.the mean annual increment
Which of the following mortality rates use the estimated total mid-year population as its denominator? [ O Sex-specific mortality rate O Crude mortality rate O Age-specific mortality rate Cause-specific proportionate mortality rate A new treatment is developed that prevents death but does not produce recovery from disease. Which of the following will occur? O Prevalence will decrease O Incidence will decrease O Incidence will increase Prevalence will increase
The population of Ada County, Idaho has been steadily increasing for more than 20 years. The table below shows the population (people) from 2015 through 2019 in Ada County. year 2015 2016 2017 2018 2019 population 432,862 444,486 456,548 468,764 481,587 a. What is the average rate of change in the population of Ada County from 2015 to 2018? Round to the nearest whole person and include units. b. What is the average rate of change in the population of Ada County from 2016 to 2018? Round to the nearest whole person and include units. c. What is the average rate of change in the population of Ada County from 2017 to 2018? Round to the nearest whole person and include units. d. What is the average rate of change in the population of Ada County from 2018 to 2019? Round to the nearest whole person and include units. e. Give a good approximation for the rate at which the population of Ada County is growing by the end of 2018? Round to the nearest whole person and include units.
severe storms indicate that e3.5 feet. Does this information suggest that the storm is (perhaps temporarily) increasing above the severe rating? Use off fxed cement piers. Suppose that a reading of 31 waves showed an average wave height of x= 16.7 feet. Previous studies of Weatherwise is a magazine published by the American Meteorological Society. One issue gives a rating system used to classify Nor'easter storms that frequently hit New England and can cause much damage near the ocean. A severe storm has an average peak wave height of 164 feet for waves hitting the shore. Suppose that a Nor'easter is in progress at the severe storm class rating. Peak wave heights are usually measured from land C (a) What is the level of significance? State the null and alternate hypotheses. Ho: H- 16.4 ft; H:>'16.4 ft Ho: H 16.4 ft; H1: = 16.4 ft Ho: H- 16.4 ft; H: H+ 16.4 ft (b) What sampling distribution will you use? Explain the rationale for your choice of sampling distribution. The standard…
The following table shows a sample of room rates for a 100 room resort hotel in Nova Scotia for the time period Jan. 1 to Dec. 2003. Note that 1/1-7/3 means January 1 to March 7, 2003. Be sure to scroll down to see the bottom of the rate table. 2003 Room Rates A Oceanfront 1 double bed Oceanfront 2 double beds Oceanfront Effic, 2 double beds 2 room suite 3 double beds Oceanfront Suite 3 double beds Extra Person B C D E 1/1 - 7/3 75 85 105 120 140 5 8/3 30/3 125 135 155 175 200 8 31/3 - 31/5 85 115 130 150 5 1/6 -30/6 100 110 130 150 175 5 1/7 2/9 -1/9 -8/10 150 95 180 200 225 10 105 125 140 165 7 9/10 -1/12 85 95 115 130 5 2/12 -20/12 75 85 105 120 140 5 21/12 - 31/12 125 135 155 175 200 10 IMPORTANT: Please omit the dollar signs in all answers. Note: Suites have 3 beds. a. For the 9 time periods, what was the mean extra person rate? b. (i) This hotel has 20 type A rooms, 15 type B, 30 type C, 25 type D and the remainder are type E. If the hotel was fully booked (with no extra people…