A word processing system selling firm records track of the number of customers who call on any one day and the number of orders placed on any one day. Let X, denote the number of calls, Xz denote the number of orders placed, and p( x1,x2) the joint probability function for (X1,X2); records indicate that P(0,0)= 0.06 P (2,0)= 0.20 P(1,0)= 0.14 P(2,1)= 0.30 P(1,1)= 0.10 P(2,2) = 0.20 For any given day, the probability of say, two calls and one order is 0.30. Find the correlation coefficient and interpret your results.

Answers

Answer 1

The correlation coefficient is:r = -0.332 / (0.683 × 0.566) = -0.994

Correlation Coefficient The correlation coefficient, denoted by r, is a statistical measure of the strength of the relationship between two quantitative variables.

It is always between -1 and 1, where 1 indicates a perfect positive correlation, -1 indicates a perfect negative correlation, and 0 indicates no correlation at all.

In this problem, we have the joint probability function for X1 and X2 as follows:

P(0,0) = 0.06P(2,0) = 0.20P(1,0) = 0.14P(2,1) = 0.30P(1,1) = 0.10P(2,2) = 0.20

The probability of two calls and one order is given as 0.30. Thus:P(2,1) = 0.30

Now, let us find the marginal probabilities of X1 and X2.P(X1 = 0) = P(0, 0) + P(0, 1) + P(0, 2) = 0.06 + 0 + 0 = 0.06P(X1 = 1) = P(1, 0) + P(1, 1) + P(1, 2) = 0.14 + 0.10 + 0 = 0.24P(X1 = 2) = P(2, 0) + P(2, 1) + P(2, 2) = 0.20 + 0.30 + 0.20 = 0.70Similarly,P(X2 = 0) = P(0, 0) + P(1, 0) + P(2, 0) = 0.06 + 0.14 + 0.20 = 0.40P(X2 = 1) = P(0, 1) + P(1, 1) + P(2, 1) = 0 + 0.10 + 0.30 = 0.40P(X2 = 2) = P(0, 2) + P(1, 2) + P(2, 2) = 0 + 0 + 0.20 = 0.20

The expected values of X1 and X2 are:

E(X1) = 0 × 0.06 + 1 × 0.24 + 2 × 0.70 = 1.64

E(X2) = 0 × 0.40 + 1 × 0.40 + 2 × 0.20 = 0.80

Let us now find the expected value of X1X2:

E(X1X2) = 0 × 0.06 + 1 × 0.00 + 2 × 0.30 + 0 × 0.14 + 1 × 0.10 + 2 × 0.20 = 1.14

Thus, the covariance of X1 and X2 is:Cov(X1, X2) = E(X1X2) - E(X1)E(X2) = 1.14 - 1.64(0.80) = -0.332

Finally, the correlation coefficient is given as

r = Cov(X1, X2) / (σ(X1)σ(X2))

Where σ(X1) is the standard deviation of X1 and σ(X2) is the standard deviation of X2.

Let us find the standard deviations of X1 and X2:

Variance of X1:Var(X1) = E(X1^2) - [E(X1)]^2 = 0^2(0.06) + 1^2(0.24) + 2^2(0.70) - (1.64)^2 = 0.4676

Standard deviation of X1:σ(X1) = √Var(X1) = √0.4676 = 0.683

Variance of X2:Var(X2) = E(X2^2) - [E(X2)]^2 = 0^2(0.40) + 1^2(0.40) + 2^2(0.20) - (0.80)^2 = 0.3200

Standard deviation of X2:σ(X2) = √Var(X2) = √0.3200 = 0.566

Thus, the correlation coefficient is:r = -0.332 / (0.683 × 0.566) = -0.994

Therefore, the correlation coefficient is very close to -1.

This means that there is a very strong negative correlation between the number of calls and the number of orders placed. This can be interpreted as follows: As the number of calls increases, the number of orders placed decreases, and vice versa.

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Related Questions

A rancher in Central Califomia has a year-long BLM grazing allotment in the Oak Woodlands that is 5,000 acres in size. Seventy percent of this allotment has loam soils and produces 900 lbs. (DM) of forage per year and the remaining 30% has sandy loam soil and produces 500 lbs. of forage (DM) per year. The allotment is split into large pastures enabling rotational grazing to take place and allowing the producer to practice the "take half, leave half philosophy of grazing. As part of his agreement with BLM, the rancher must account for 30 head of elk (500 lbs.). With the remaining forage, determine how many mature 200 lb. ewes the rancher could run on this allotment.

Answers

The rancher can run approximately 19,425 mature 200 lb. ewes. To calculate the number of mature 200 lb. ewes the rancher can run on the remaining forage, we need to find the available forage after accounting for the 30 head of elk.

A rancher in Central California has a 5,000-acre BLM grazing allotment in the Oak Woodlands. Seventy percent of the allotment has loam soils producing 900 lbs. (DM) of forage per year, while the remaining 30% with sandy loam soil produces 500 lbs. of forage (DM) per year. The rancher must also account for 30 head of elk (500 lbs.). We need to determine how many mature 200 lb. ewes can be run on the remaining forage.

The total forage available from the loam soil is 70% of 5,000 acres, which is 3,500 acres. This amounts to 3,500 acres * 900 lbs./acre = 3,150,000 lbs. of forage (DM) per year.

Similarly, the total forage available from the sandy loam soil is 30% of 5,000 acres, which is 1,500 acres. This amounts to 1,500 acres * 500 lbs./acre = 750,000 lbs. of forage (DM) per year.

With the elk accounting for 30 * 500 lbs. = 15,000 lbs. of forage, the remaining available forage is 3,150,000 lbs. + 750,000 lbs. - 15,000 lbs. = 3,885,000 lbs.

Dividing the remaining forage by the weight of a mature ewe (200 lbs.), we get 3,885,000 lbs. / 200 lbs. = 19,425 ewes. Therefore, the rancher can run approximately 19,425 mature 200 lb. ewes on this allotment, considering the given forage production and the presence of elk.

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there are 4 red and 8 blue marbles in a bag, Mark draws a blue marble out of the bag and does not replace it. Mark draws a second blue marble out of the bag and does not replace it. what is the probability that the next marble he draws will also be blue,

Answers

Answer:3/5

Step-by-step explanation:when he takes one marble it’s 7/11 and when he takes another it’s 6/10 so simplify and you get 3/5

Answer:

Step-by-step explanation:

Answer:3/5

HELPPP (will mark brainliest)
Vera wants to prove that any rectangle is also a parallelogram.
B
A
D
Select the appropriate rephrased statement for Vera's proof.
Choose 1 answer:

Answers

Answer:

B

Step-by-step explanation:

I did it on khan academy

the square root of 279 lies between what two whole nunbers

Answers

Answer:

Step-by-step explanation:

The square root of 16 and the square root of 17

Answer:

29 and 34

Step-by-step explanation:

cause

You make annual deposits of $8,500 into a savings account that pays an annual interest rate of 3.8%, with interest credited to the account annually. If you now have $461, 103.46 in the account, for how many years have you been investing money in this account?

Answers

You have been investing money in this account for approximately 15 years.

How long have you been investing money?

To determine the number of years you have been investing money in the account, we can use the formula for the future value of an ordinary annuity:

FV = P * [(1 + r)ⁿ- 1] / r

Where:

FV = Future value (final balance in the account) = $461,103.46

P = Annual deposit amount = $8,500

r = Annual interest rate = 3.8% or 0.038 (expressed as a decimal)

n = Number of years

By substituting the given values into the formula and solving for n, we can determine the number of years you have been investing:

$461,103.46 = $8,500 * [(1 + 0.038) ⁿ- 1] / 0.038

54.24 = (1.038 ⁿ - 1) / 0.038

To solve for n, we can rearrange the equation:

1.038  ⁿ- 1 = 54.24 * 0.038

1.038  ⁿ= 2.0632

n = log base 1.038 of 2.0632

Using a logarithmic calculator, we find that n ≈ 14.96. Rounding up, we conclude that you have been investing money in this account for approximately 15 years.

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Find the area of the circle. Round your answer to the nearest whole number, if necessary.
The circle is 20 in fully 10 half


area: about
in.2

Answers

Answer:

if you round of. 20 the answer is 10

2. please help me i will give brainliest if ur right

Answers

Answer:

Is this high school math or middle school?.

Step-by-step explanation:

a²+b² = c²

8²+2²

↓    ↓

64+4

   ↓

square root 68 and it should give you 8.24 and then you round.

im need help please!!!

Answers

Answer:

The measure of the missing angle is 61

Step-by-step explanation:

Using the Consecutive Interior Angles theorem, you know that the angles are supplementary (meaning both angles combine to a 180* plane). Using that logic, you may subtract 119 from 180, and you get a 61* angle.

Can someone please help me no links please

Answers

Answer:

x=6

Step-by-step explanation:

3x- 4=14

   +4 +4

    3x=18

      x=6

A piece of pizza with a diameter of 20 inches is eaten and m∠IPZ=45°. What is the perimeter of the piece of the pizza eaten in inches?

Answers

Answer:

Perimeter of pizza slice = 27.85 inches (Approx.)

Step-by-step explanation:

Given:

Diameter of pizza = 20 inches

So,

Radius of pizza slice = Diameter of pizza / 2

Radius of pizza slice = 20 / 2 = 10 inches

∠IPZ = 45°

Find:

Perimeter of pizza slice

Computation:

Perimeter of pizza slice = 2[Radius of pizza slice] + [θ/360][2πr]

Perimeter of pizza slice = 2[10] + [45/360][(2)(22/7)(10)]

Perimeter of pizza slice = 20 + [0.125][(2)(3.14)(10)]

Perimeter of pizza slice = 20 + [0.125][62.8]

Perimeter of pizza slice = 20 + 7.85

Perimeter of pizza slice = 27.85 inches (Approx.)

The perimeter of the slice of the pizza that is eaten, measured in inches, for the considered case, is 31.9635 inches.

How to find the relation between angle subtended by the arc, the radius and the arc length?

[tex]2\pi^c = 360^\circ = \text{Full circumference}[/tex]

The superscript 'c' shows angle measured is in radians.

If radius of the circle is of r units, then:

[tex]1^c \: \rm covers \: \dfrac{circumference}{2\pi} = \dfrac{2\pi r}{2\pi} = r\\\\or\\\\\theta^c \: covers \:\:\: r \times \theta \: \rm \text{units of arc}[/tex]

For this case, we're given that:

Angle m∠IPZ=45°.Diameter of the circular pizza = 20 inches

Not using the above formula, but the concept, we know that:

360° covers full arc, which is [tex]2\pi r[/tex] inch lengthed long.45° is 360°/8, so it will cover [tex]2\pi r/8[/tex] inch long arc (the arc IZ).

Since diameter of pizza = 20 inches, its radius r = 10 inches.

Thus, the length of the arc IZ = [tex]\dfrac{2 \times \pi \times 10}{8} \approx 1.9635 \: \rm inches.[/tex]

Perimeter of the slice of the pizza eaten = sum of the length of its boundaries = Length of arc IZ + length of line IP + length of line ZP

Since line IP and ZP are radius, thus:

Perimeter of the slice of the pizza eaten ≈ 1.9635 + 10 + 10 = 31.9635 inches.

Thus, the perimeter of the slice of the pizza that is eaten, measured in inches, for the considered case, is 31.9635 inches.

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Valerie wants to use a PIN to make her purchase more secure. Which method of payment can Valerie use? Credit card , cash, check, or debit card? Question 2: Mr. Juniper uses his debit card to withdraw $10 cash from checking account for football ticket. Which is an advantage of using the debit card? Answers: mr. juniper does not have to remember a number In order to access his checking account, mr juniper debit card can never be lost or stolen, mr juniper will earn rewards such as free hotel stays.
Mr juniper cash will be taken directly from his checking account.
PLS HELP :D I’m low on points but can u help?

Answers

Answer: Question 1, debit card because debit cards are used for atms which requires a pin. A positive is that you’re using your own money for a debit card and not from another source, so you don’t have to pay extra frees

Step-by-step explanation:

escribe con letra 0.00125

Answers

Answer:

zero point zero zero one two five

Step-by-step explanation:

The triangle on the grid will be translated two units left.

On a coordinate plane, triangle A B C has points (negative 1, negative 1), (negative 1, negative 5), (0.5, negative 5).

Which shows the triangle when it is translated two units left?
On a coordinate plane, triangle A prime B prime C prime has points (1, negative 1), (1, negative 5), (2.5, negative 5).
On a coordinate plane, triangle A prime B prime C prime has points (negative 3, negative 1), (negative 3, negative 5), (negative 1.5, negative 5).
On a coordinate plane, triangle A prime B prime C prime has points (negative 1, 1), (negative 1, negative 3), (0.5, negative 3).
On a coordinate plane, triangle A prime B prime C prime has points (negative 1, negative 3), (negative 1, negative 7), (0.5, negative 7)

Answers

Given:

The vertices of a triangle are A(-1,-1), B(-1,-5), C(0.5,-5).

The figure is translated 2 units left.

To find:

The vertices and the diagram of the triangle after the given translation.

Solution:

if a figure is translated 2 units left, then

[tex](x,y)\to (x-2,y)[/tex]

Using the above rule, we get

[tex]A(-1,-1)\to A'(-1-2,-1)[/tex]

[tex]A(-1,-1)\to A'(-3,-1)[/tex]

Similarly,

[tex]B(-1,-5)\to B'(-1-2,-5)[/tex]

[tex]B(-1,-5)\to B'(-3,-5)[/tex]

And,

[tex]C(0.5, -5)\to C'(0.5-2,-5)[/tex]

[tex]C(0.5, -5)\to C'(-1.5,-5)[/tex]

So, the vertices of the triangle after the translation are A'(-3,-1), B'(-3,-5), C'(-1.5,-5).

Therefore, the correct option is B.

Answer:

B

Step-by-step explanation:

natalie has 45 pieces of candy to share with her and her 4 other friends. how many pieces of candy will natalie and all of her friends get?

Answers

Answer:

They will each get 9 pieces of candy.

Step-by-step explanation:

if she has 4 friends and she shares with them, she would be sharing  with 4 people plus herself, so you would do the problem 45 ÷ 5 = 9.

in which situation would hydrogen bonding be present?
A. When hydrogen exists as an ion in solution
B. When hydrogen is attached to C, S or P
C. When hydrogen atoms bond together to form H2
D. When hydrogen is attached to N, F or O​

Answers

Answer:

D

Step-by-step explanation:

lol this is a weird math question

jk

Hydrogen bonds occur only when hydrogen is covalently bonded to one of three elements: fluorine, oxygen, or nitrogen. Anything else isn't considered a hydrogen bond.

please help find measure of h.Will mark brainlyist to right answer.No link!

Answers

Answer:

∠ H = 59°

Step-by-step explanation:

The exterior angle of a triangle is equal to the sum of the 2 opposite interior angles.

121° is an exterior angle of the triangle, then

6x - 1 + 5x + 12 = 121 , that is

11x + 11 = 121 ( subtract 11 from both sides )

11x = 110 ( divide both sides by 11 )

x = 10

Then

∠ H = 6x - 1 = 6(10) - 1 = 60 - 1 = 59°

what’s 3-4?
this definitely wasn’t to give points :) how was your day? did you drink and get enough to eat?

Answers

Answer:

yuh, did you bestie

Step-by-step explanation:

≤))≥

_| \_

Answer:

-1 and I hope everyone reading this has a great day!

A turtle can walk 12 miles in 3 miles. What is the average speed of the turtle?

Answers

Answer:

4mph

Step-by-step explanation:

4 now can you please help me with my history work

Pleaser help me I’m confused

Answers:

A:section A

B: section B

C: Section C

D: Section D

Answers

Answer:

SECTION C (i think)

Please mark as brainliest

Have a great day, be safe and healthy  

Thank u  

XD

Answer:

section c

it's square root is 4.123......

Un muchacho le dijo a otro. "adivina cuántos años tengo si las dos terceras partes de ellos menos 1 es igual a mi edad actual menos 6".

Answers

Answer:

The age of the boy is 15 years

Step-by-step explanation:

Let us assume a be the age of the boy

So, two-third of his age is 2 ÷ 3 × a

As the boy said that two-third minus 1 so it would be equivalent to

  2 ÷ 3 × to - 1

ANd, his current age is a and now if we deduct 6 so

a - 6

AFter this, two-third minus 1 is equivalent to a minus 6

So,  

 2 ÷ 3 × a - 1 = a - 6

- 1 + 6 = a -  2 ÷ 3 × a  

5 =  1 ÷ 3 × a  

a = 3 × 5

 = 15

Hence, The age of the boy is 15 years

3. In chemistry, Isaac can mix the correct solution in 20 minutes. Together,
Isaac and Newton can mix the same solution in 11 minutes. How long
does it take Newton to mix the solution when he is working alone

Answers

I think the answer would be 9 but i’m not sure.

write the equation of the circle graph below?????

Answers

Answer:

(x+2)^2 + (y+2)^2 = 0.75^2

Step-by-step explanation:

equation of a circle in standard form: (x-h)^2 + (y-k)^2 = r^2

center: (-2, -2)

radius: 0.75

equation of the circle in provided graph: (x+2)^2 + (y+2)^2 = 0.75^2

Help help help help help help

Answers

Answer: 19 mins

Step-by-step explanation:

hope this helps

Helpppppppp pleaseeeeee I will give brainliest if you knowww pleaseeee helpppppppp

Answers

Answer:

I think the answer is 1/2 but dont take my word

I don’t know lol sorry

Suppose This system of linear differential equations can be put in the form y' = P(t)y + g(t). Determine P(t) and g(t). P(t) = 3/1₁ 3/2₂2 g(t) = = t³y₁ + 6y₂ + sec(t), sin(t) y₁ + ty₂ - 4.

Answers

The system of linear differential equations is given as y₁' = 3y₁ + 3y₂² and y₂' = 2y₁ + t*y₂ - 4. By comparing it with the general form y' = P(t)y + g(t), we determine that P(t) = [[3, 3y₂²], [2, t]] and g(t) = [0, -4].

To determine the coefficient matrix P(t) and the forcing term g(t), we can compare the given system of linear differential equations with the general form y' = P(t)y + g(t).

The given system is:

y₁' = 3y₁ + 3y₂²

y₂' = 2y₁ + t*y₂ - 4

Comparing the first equation with the general form, we have:

P₁₁ = 3

P₁₂ = 3y₂²

g₁(t) = 0

Comparing the second equation with the general form, we have:

P₂₁ = 2

P₂₂ = t

g₂(t) = -4

Therefore, the coefficient matrix P(t) and the forcing term g(t) for the given system are:

P(t) = [[3, 3y₂²], [2, t]]

g(t) = [0, -4]

Note that the value of y₂ is not provided in the equation for g₂(t), so it remains as y₂ in the expression.

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student simplifies (6b + 4r) – (2b + r) and says that the result is 4b + 5r. Explain the error and describe the correct steps to simplify the expression.

Answers

Answer & explanation:

The student made an error by adding an r after removing the parentheses instead of subtracting an r.

Correct Steps:

(6b + 4r) – (2b + r)

6b + 4r - 2b - r

4b + 3r

Answer:

yo

Step-by-step explanation:

this was the sample response on edge

The student did not distribute the negative when subtracting. Distributing the negative, the expression is equal to 6b + 4r – 2b – r. Then use the commutative property to rewrite it as 6b – 2b + 4r – r. Then you can use the distributive property to write as (6 – 2)b + (4 – 1)r, which simplifies to 4b + 3r.

please help i cannot figure this out

Answers

What she said

Hope that helps

I need help finding the Diagonals.

Answers

Answer:

OE=53 and UH = 53

Step-by-step explanation:

Pythagoras theorem

Emily's younger brother, Kenny, begged her to make him a superhero costume for Halloween this year, so of course Emily did! Emily sewed a 600-square-inch trapezoid-shaped cape with a big "K" on it. The length along the top of the cape was 24 inches, and the length along the bottom was 36 inches what is the height

Answers

Answer:

20 inches

Step-by-step explanation:

Since the cape is trapezoid shaped and has an area of 600 in², the area of a trapezoid is given by

A =1/2(a + b)h where a = length along the top of the cape = 24 in, b =  length along the bottom of the cape = 36 in and h = height of the cape

So, h = 2A/(a + b)

= 2 × 600 in²/(24 in + 36 in)

= 1200 in²/60 in

= 20 in

So, the height of the cape is 20 inches

Draw and identify the coordinates of the image of the figure after a 90° counterclockwise rotation about the origin. ​

Answers

Answer:

5! HOPE I HELPED

Step-by-step explanation:

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By using the Black Scholes model, calculate the market purchase rights in the index with exercising price 820 and maturity 1 month (30 days). N (d1) = 0.418 and N(d2) = 0.383. Calculate and choose one of the following:a. 17.1b. 13.1c. 21.1d. 25.1 A way to improve estimates on future projects is to collect and archive data on past project estimates and actuals. Creating ___________ for estimating is a way to achieve this goal.a. time and cost databasesb. history databasesc. estimating and forecasting databasesd. structured databasese. Any of these alternatives are correct. If velocity is constant over time, then a positive change in the money supply will lead to: Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an What is the purpose of an effective conclusion?2 to reinforce the primary claim7. to address the counterargumentto support the claim with evidenceto provide additional examples and details Jenna and Walter are on a road trip across the country. They both say that they get 25 utils from peanut butter sandwiches and 25 utils from trail mix. Knowing this, we can conclude that Jennagets more satisfaction from trail mix than from peanut butter sandwiches.gets more satisfaction from trail mix than Walter does.and Walter are both indifferent between other food than peanut butter sandwiches or trail mix.and Walter will consume the same amount of peanut butter sandwiches and trail mix on the road trip.gets the same satisfaction from peanut butter sandwiches that Walter does.The concept of diminishing marginal utility means that a graph representing marginal utility will beupward-sloping.impossible to generalize without a data set.downward-sloping.upward-facing concave.downward-facing concave.The ________ line, and the area underneath, contain all of the possible combinations that a consumer can afford.redactionMaginotoptimizationbudget constraintindifference A data set of the ages of a sample of 350 Galapagos tortoises has a minimum value of 1 years and a maximum value of 170 years. Suppose we want to group these data into five classes of equal width Assuming we take the lower limit of the first class as 1 year, determine the class limits, boundaries, and midpoints for a grouped quantitative data table. Hint: To determine the class width, subtract the minimum age (1) from the maximum age (170), divide by the number of classes (5), and round the solution to the next highest whole number. Class width Class Limits Lower Boundary Upper Boundary Class Midpoint to 0.5 to to to 170.5 to