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

Q: solve triangle for a＝2，c＝1，C＝100。

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

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.
Make sure to do the rounding and double check the Answers please.
The following data report total, monthly U.S. gasoline sales in millions of dollars from January 2017 to December 2018. (To find the data, go to the site https://www.census.gov/retail/index.html#mrts, find “Monthly Retail Trade Report,” then select “Time Series/Trend Charts.”) d. Evaluate a seasonally adjusted trend forecasting model. What is the MAD? (Round your answers to 3 decimal places.)
Suppose you have already calculated the mean, the average deviation, and the standard deviation of the weights in pounds of 20 third-graders. a. if these weights were converted to kilograms and the mean and the average deviation were once again calculated, would the second average deviation be (numerically) less than, greater than, or equal to the first average deviation? Explain your answer. b. If the standard deviation of these weights were calculated in kilograms, would it be (numerically) less than, greater than, or equal to the first standard deviation? Explain your answer
Solve
Please solve sub question d of q 2 d. Evaluate the standard deviation, by plugging in the values and manually carryingout the calculation.
You may need to use the appropriate technology to answer this question. Investors commonly use the standard deviation of the monthly percentage return for a mutual fund as a measure of the risk for the fund; in such cases, a fund that has a larger standard deviation is considered more risky than a fund with a lower standard deviation. The standard deviation for a certain fund, referred to as Fund A, and the standard deviation for a second fund, Fund B, were recently reported to be 14.0% and 18.9%, respectively. Assume that each of these standard deviations is based on a sample of 60 months of returns. Do the sample results support the conclusion that the Fund B has a larger population variance than Fund A? (Assume that ? = 0.05.) State the null and alternative hypotheses. H0: ?12 ≤ ?22 Ha: ?12 > ?22 H0: ?12 = ?22 Ha: ?12 ≠ ?22 H0: ?12 > ?22 Ha: ?12 ≤ ?22 H0: ?12 ≠ ?22 Ha: ?12 = ?22 Find the value of the test statistic. Find the p-value. (Round your answer to four…
The kelvin is a unit of measurement for temperature; 0 K is absolute zero, the temperature at which all thermal motion ceases. Conversion from Fahrenheit to Kelvin is given by K=× (F-32)+273. The average daily temperature in Monrovia, Liberia, is 78.35°F with a standard deviation of 6.3°F. If a scientist converts Monrovia daily temperatures to the Kelvin scale, what will be the new mean and standard deviation? (A) Mean, 25.75 K; standard deviation, 3.5 K (B) Mean, 231.75 K; standard deviation, 3.5 K (C) Mean, 298.75 K; standard deviation, 3.5 K (D) Mean, 298.75 K; standard deviation, 258.72 K (E) Mean, 298.75 K; standard deviation, 276.5 K
Pls. Solve Quikly Hupper Corporation produces many types of soft drinks, including Orange Cola. The filling machines are adjusted to pour 12 ounces of soda into each 12-ounce can of Orange Cola. How- ever, the actual amount of soda poured into each can is not exactly 12 ounces: it varies from can to can. It has been observed that the net amount of soda in such a can has a normal dis- tribution with a mean of 12 ounces and a standard deviation of .015 ounce. (a) What is the probability that a randomly selected can of Orange Cola contains 11.97 to 11.99 ounces of soda? (b) What percentage of the Orange Cola cans contain 12.02 to 12.07 ounces of soda? Ans: We can also state that about 22.86% of Or- ange Cola cans contain 11.97 to 11.99 ounces of soda. Suppose the life span of a calculator manufactured by Texas Instruments has a normal distribution with a mean of 54 months and a standard deviation of 8 months. The company guarantees that any calculator that starts malfunctioning within 36…
The Economic Policy Institute periodically issues reports on wages of entry-level workers. The Institute reported that entry-level wages for male college graduates were $21.68 per hour and for female college graduates were $18.80 per hour in 2011 (Economic Policy Institute website, March 30, 2012). Assume the standard deviation for male graduates is $2.30 , and for female graduates it is $2.05. Use z-table. Round your answers to four decimal places. a. What is the probability that a sample of 50 male graduates will provide a sample mean within $.50 of the population mean, $21.68? b. What is the probability that a sample of 50 female graduates will provide a sample mean within $.50 of the population mean, $18.80? c. What is the probability that a sample of 120 female graduates will provide a sample mean more than $.30 below the population mean?
Records at a hospital show that a certain surgical procedure takes and average 180.3 minutes with a standard devoid 4.2 minutes. If the data are approximately bell shaped, between what two values will be about 68% of the data fall?
What is the predicted percentage of people without health insurance in 2020? Round your result to two decimal places.