Find the distance between the points (–7,–9) and (–2,4).

Answers

Answer 1

Answer:

√194 or 13.9

Step-by-step explanation:

√(x2 - x1)² + (y2 - y1)²

√[-2 - (-7)² + [4 - (-9)]

√(5)² + (13)²

√25 + 169

√194

= 13.9


Related Questions

The weight of one serving of trail mix is 2.5 ounces. How many servings are there in 22.5 ounces of trail mix?
9.0
25.0
11.5
56.25

Answers

Answer:

9 servings

There should be an answer to that. Answer: There are 9 servings. step- by- step Explanation: We would first divide 22.5/2.5. This will give us the amount of time 2.5 will go into 22.5, providing us with the amount of servings

Step-by-step explanation:

Given a directed graph as depicted in Figure Q6. Figure Q6 (a) List the ordered pairs of the relation, R. (b) Give the matrix of the relation, MR. (c) Give the in-degree and out-degree of each vertex.

Answers

The task involves analyzing a directed graph and performing several operations related to relations and degrees of vertices. We need to list the ordered pairs of the relation, find the matrix of the relation, and determine the in-degree and out-degree of each vertex in the graph.

(a) To list the ordered pairs of the relation, R, we examine the directed edges in the graph. For each edge, we write down the corresponding ordered pair. For example, if there is an edge from vertex A to vertex B, we write (A, B). By listing all the directed edges in the graph, we obtain the ordered pairs of the relation, R.

(b) To find the matrix of the relation, MR, we use the vertices of the graph as rows and columns. If there is a directed edge from vertex i to vertex j, we place a 1 in the (i, j) entry of the matrix; otherwise, we place a 0. By examining the directed edges in the graph and filling in the matrix accordingly, we obtain the matrix of the relation, MR.

(c) To determine the in-degree and out-degree of each vertex, we count the number of incoming and outgoing edges for each vertex, respectively. The in-degree of a vertex represents the number of edges pointing towards it, while the out-degree represents the number of edges originating from it. By counting the incoming and outgoing edges for each vertex in the graph, we can determine their respective in-degrees and out-degrees.

Performing these operations will provide the necessary information about the relation and degrees of the vertices in the given directed graph.

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what did Isabella do incorrectly

Answers

Answer:she added another 3000 to the answer

Step-by-step explanation:she was supposed to add the same amount as the first time so the amount should be $7591.92. hope this helps and I want brainliest.

If f(z) = 2³ (z - 2)² (z+5)³ (z + 1)³(z − 1)4³ evaluate ƒ'(z) |z| =3 f(z)

Answers

ƒ'(z)|z|=3 f(z) = -20160The function is given as f(z) = 2³ (z - 2)² (z+5)³ (z + 1)³(z − 1)4³ and we need to evaluate ƒ'(z) |z| =3 f(z).

The value of f'(z) is found by differentiating f(z) with respect to z. Using the product rule of differentiation, we have;ƒ(z) = 2³ (z - 2)² (z+5)³ (z + 1)³(z − 1)4³Now, ƒ'(z) = [2³ * 2(z - 2) * (z+5)³ (z + 1)³(z − 1)4³] + [2³ (z - 2)² * 3(z+5)² (z + 1)³(z − 1)4³] + [2³ (z - 2)² (z+5)³ * 3(z + 1)² (z − 1)4³] + [2³ (z - 2)² (z+5)³ (z + 1)³ * 4(z − 1)³]Now, substitute |z| = 3 and evaluate.ƒ'(z)|z|=3 f(z) = -20160Thus, the value of ƒ'(z)|z|=3 f(z) is -20160. The derivative of the given function is calculated using the product rule of differentiation. The result is then substituted with |z| = 3 and evaluated.

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A small company has a fleet of 3 pickup trucks and 4 delivery vans. A larger company has the same ratio of pickup trucks to delivery vans. If the larger company has 45 pickup trucks, how many delivery vans does it have?

Answers

Answer:

60 delivery vans

Step-by-step explanation:

Smaller company:

Pickup truck : delivery van = 3 : 4

If the larger company has 45 pickup trucks

Let x = number of delivery vans

Larger company:

Pickup truck : delivery van = 45 : x

Equate both ratios

3 : 4 = 45 : x

3/4 = 45/x

Cross product

3 * x = 4 * 45

3x = 180

x = 180/3

x = 60

x = number of delivery vans = 60

PLEASE I NEED HELP
uhh whats 1 + 2
I don't get it. I have a feeling its 12 though.

Answers

your answer should be 3 :)

e) Discuss with illustrations the terms Deterministic, Stochastic and Least squares as used in regression analysis. [6]

Answers

Regression analysis is a statistical technique used to examine the relationship between a dependent variable (Y) and one or more independent variables (X). This analysis is used to establish whether the dependent variable is affected by changes in the independent variables.

When performing regression analysis, we use various terms such as deterministic, stochastic, and least squares. Let us examine these terms and their implications in regression analysis:

Deterministic regression

Deterministic regression is a type of regression that assumes a perfect relationship between the dependent and independent variables. This type of regression analysis assumes that the independent variables have a direct linear relationship with the dependent variable. The regression equation in deterministic regression is of the form: Y=a + bX. The term a is the Y-intercept of the regression line, while b represents the slope of the regression line. A change in the value of X by one unit will result in a change in Y by b units.

Stochastic regression

Stochastic regression is a type of regression that assumes a probabilistic relationship between the dependent and independent variables. In this type of regression, the independent variable is considered to be random. The relationship between the dependent and independent variables is not perfect, but it is characterized by some random error. The regression equation in stochastic regression is of the form: Y=a + bX + ε. The term ε represents the error term in the regression equation. The error term is a random variable that represents the difference between the predicted value and the actual value.

Least squares regression

Least squares regression is a statistical method that is used to estimate the parameters of a linear regression model. This method aims to find the line of best fit for the given data set. The line of best fit is the line that minimizes the sum of the squared residuals. The residuals are the differences between the observed values and the predicted values. The least squares regression method is used in both deterministic and stochastic regressions. This method ensures that the regression line passes as close as possible to all the data points. This method can be used to estimate the values of the parameters a and b in the regression equation Y=a + bX. In conclusion, the terms deterministic, stochastic, and least squares are used in regression analysis to explain the relationship between the dependent and independent variables. These terms are crucial in regression analysis because they help us to understand the nature of the relationship between the variables.

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Suppose a person is riding a plane 154ft above the ground and drops a box of supplies. The height of the box
is given by the formula:
h = -16+2 + 154
After how many seconds does the box hit the ground? (round to the nearest hundredth of a second)

Answers

Hey bro I’m just checking to see if you were going on the same page

Rob bought a hat and 3 shirts for $35. Dan bought 2 hats and a shirt for $20.

Which system of equations can be used to find s , the cost of one shirt, and h , the cost of one hat?

Answers

Answer:

1 shirt costs $11.2 1 hat costs $10.

Step-by-step explanation:

35 divided by 3

20 divided by 2

solve for x round to your nearest tenth

Answers

Answer: Can’t see which place value to round to. So the answer is about 4.60147.

Explanation: SOH CAH TOA
Tan (41) = 4/x
Separate the X.
X = 4/Tan(41)
x= 4.6014...

Which of the following graphs best represents a function that has a minimum value and x-intercepts of 3 and -1?

Answers

Answer:

a

Step-by-step explanation:

A quantity with an initial value of 400 grows exponentially at a rate such that the quantity doubles every 8 days. What is the value of the quantity after 29 days, to the nearest hundredth?

Answers

2036 is the answer you welcome

Symbolization in predicate logic. Put the following statements into symbolic notation, using the given letters as predicates. Existential quantifier and logical symbols are here for you to copy and paste: ∃x, ,V, ~, ,

Px: x is a strictly physical thing

Cx: x has consciousness

Sx: x has subjectivity

Mx: x is a mind

1. Nothing strictly physical has consciousness.

2. Minds exist.

3. All minds have consciousness and subjectivity.

4. No minds are strictly physical things.

Answers

The statements with symbolic notation using the given predicates logic are:

1. Nothing strictly physical has consciousness. ∀x(Px → ¬Cx)

2. Minds exist. ∃x(Mx)

3. All minds have consciousness and subjectivity. ∀x(Mx → (Cx ∧ Sx))

4. No minds are strictly physical things. ∀x(Mx → ¬Px)

What is a predicate logic and it's symbols?

Predicate logic is a formal system of symbolic logic that extends propositional logic by introducing variables, predicates, quantifiers, and quantified statements. It allows for the representation and manipulation of relationships between objects, properties, and relations.

In predicate logic, symbols are used to represent various components:

1. Variables: Variables are used to represent individual elements or objects in a domain of discourse. They are typically denoted by lowercase letters such as x, y, z, and so on.

2. Predicates: Predicates are used to express properties or relations between objects. They are represented by uppercase letters followed by parentheses, such as P(x), Q(x, y), R(x, y, z), where x, y, z are variables.

3. Quantifiers: Quantifiers are used to express the scope of variables in a logical statement. The two main quantifiers are:

- Universal quantifier (∀): It is used to express that a statement holds for all elements in the domain. For example, ∀x P(x) means "For all x, P(x)."

- Existential quantifier (∃): It is used to express that there exists at least one element in the domain for which a statement holds. For example, ∃x P(x) means "There exists an x such that P(x)."

4. Logical symbols: Predicate logic uses logical symbols to represent logical connectives, negation, implication, and equivalence. The main logical symbols are:

- Conjunction (∧): Represents logical "and."

- Disjunction (∨): Represents logical "or."

- Negation (¬): Represents logical "not."

- Implication (→): Represents logical "if-then."

- Equivalence (↔): Represents logical "if and only if."

These symbols are used to construct complex logical statements by combining predicates, variables, and quantifiers. The goal is to provide a precise and formal language for reasoning about relationships and properties within a domain of discourse.

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what's the answer to this?

Answers

Answer:

126 yds will be your answer.

Step-by-step explanation:

30+(24+24)+4+2+(3+3)+(4+30+2)=126

just add all of the sides up.

sorry if it’s too blurry but i need help with this

Answers

B.
You multiply the bases, then add the exponents.
7x7 = 49
-8 + (-3) = -11
49 ^-11

a steady wind blows a kite due west. the kite’s height above ground from horizontal position x − 0 to x − 80 ft is given by y − 150 2 1 sx 2 50d2. find the distance trav eled by the kite.

Answers

The equation y = 150 - 0.01x^2 represents the height of the kite above the ground as a function of its horizontal position x. The kite travels a distance of 80 ft.

The equation y = 150 - 0.01x^2 represents the height of the kite above the ground as a function of its horizontal position x. This is a downward-opening parabola, with the vertex at (0, 150) and the axis of symmetry along the y-axis.

To find the distance traveled by the kite, we need to determine the range of x over which the kite is flying. In this case, the range is from x = 0 to x = 80 ft.

The distance traveled by the kite is the difference between the initial and final positions of x. In this case, it is 80 - 0 = 80 ft.

Therefore, the kite travels a distance of 80 ft.

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Solve the system dxdt= ⎡⎣⎢⎢ 3 9 ⎤⎦⎥⎥ -1 -3 x with x(0)= ⎡⎣⎢⎢ 2 ⎤⎦⎥⎥ 4. Give your solution in real form

Answers

The solution to the system of differential equations dx/dt = [[3, 9], [-1, -3]]x with x(0) = [[2], [4]] is x = [[6cos(2t)], [2cos(2t)]].

To solve the system of differential equations dx/dt = [[3, 9], [-1, -3]]x with x(0) = [[2], [4]], we can use the eigenvalue method. The matrix [[3, 9], [-1, -3]] has eigenvalues λ₁ = 2 and λ₂ = -2, with corresponding eigenvectors v₁ = [[3], [1]] and v₂ = [[3], [-1]].

Let's denote x = [[x₁], [x₂]]. Using the eigenvectors, we can write x as a linear combination of the eigenvectors: [tex]\[x = c_1 \mathbf{v}_1 e^{\lambda_1 t} + c_2 \mathbf{v}_2 e^{\lambda_2 t}\][/tex], where c₁ and c₂ are constants to be determined.

Using the given initial condition x(0) = [[2], [4]], we have:

[[2], [4]] = c₁[[3], [1]] + c₂[[3], [-1]]

Solving this system of equations, we find c₁ = 2 and c₂ = 0.

Thus, the solution to the system of differential equations is:

[tex]\[x = 2 \begin{bmatrix} 3 \\ 1 \end{bmatrix} e^{2t}\][/tex]

In real form, we can expand the exponential term using Euler's formula: e^(2t) = cos(2t) + i sin(2t). So the solution becomes:

x = [[6cos(2t)], [2cos(2t)]]

In real form, the solution is x₁ = 6cos(2t) and x₂ = 2cos(2t).

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A window is designed as shown below. Find the value of x

Answers

Answer:

x=20

Step-by-step explanation:

We know that a line is 180 degrees, and the base of the cemi-circle is a line. So,  we would have:

x+7x+x=180

9x=180

x=20

Hope this helps!!

Answer:

x = 20

Step-by-step explanation:

x + 7x + x = 180

9x = 180

x = 20

A formula for converting degrees Celsius ( C ) (C) to degrees Fahrenheit ( F ) (F) is given by the formula F = 9 5 C + 32. F= 5 9 ​ C+32. Solve the formula for C C in terms of F.

Answers

Answer:

C = (5F - 160)/9

Step-by-step explanation:

Given:

F = 9/5C + 32

Solve the formula for C in terms of F

F = 9/5C + 32

F - 32 = 9/5C

C = (F - 32) ÷ 9/5

C = (F - 32) × 5/9

= (5F - 160)/9

C = (5F - 160)/9

Part of the graph of the function f(x) = (x – 1)(x + 7) is shown below.



Which statements about the function are true? Select three options.

The vertex of the function is at (–4,–15).
The vertex of the function is at (–3,–16).
The graph is increasing on the interval x > –3.
The graph is positive only on the intervals where x < –7 and where
x > 1.
The graph is negative on the interval x < –4.

Answers

Introduction

In mathematics, a function is a relation between two sets of values, usually denoted as a set of input values and a set of output values. One of the important aspects of a function is its vertex, which is the highest or lowest point in a graph, depending on the specific type of function. The size and position of a graph’s vertex can be important when studying the properties of a function. In this paper, we will discuss three statements about a function and determine whether or not each statement is true.

Statement 1: The vertex of the function is at (–4,–15).

The first statement being discussed is that the vertex of the function is at (–4,–15). This statement is true. By looking at the graph of the function, it can be seen that the vertex of the function is indeed located at the point (–4,–15). At this point, the graph reaches its highest or lowest point.

Statement 2: The vertex of the function is at (–3,–16).

The second statement being discussed is that the vertex of the function is at (–3,–16). Unfortunately, this statement is false. By looking at the graph of the function, it can be seen that the vertex of the function is actually located at (–4,–15). The vertex is not located at (–3,–16).

Statement 3: The graph is increasing on the interval x > –3.

The third statement being discussed is that the graph is increasing on the interval x > –3. This statement is true. By looking at the graph, it can be seen that the graph is indeed increasing on the interval x > –3. On this interval, the y-values increase as the x-values increase.

Statement 4: The graph is positive only on the intervals where x < –7 and where x > 1.

The fourth statement being discussed is that the graph is positive only on the intervals where x < –7 and where x > 1. This statement is true. By looking at the graph, it can be seen that the graph is positive only on the intervals where x < –7 and where x > 1. On these intervals, the y-values are greater than 0.

Statement 5: The graph is negative on the interval x < –4.

The fifth statement being discussed is that the graph is negative on the interval x < –4. This statement is also true. By looking at the graph, it can be seen that the graph is indeed negative on the interval x < –4. On this interval, the y-values are less than 0.

Conclusion

In this paper, we discussed three statements about a function and determined whether or not each statement was true. We found that the first statement, that the vertex of the function is at (–4,–15), is true. We also found that the second statement, that the vertex of the function is at (–3,–16), is false. Furthermore, we found that the third, fourth, and fifth statements, that the graph is increasing on the interval x > –3, that the graph is positive only on the intervals where x < –7 and where x > 1, and that the graph is negative on the interval x < –4, respectively, are all true.

A cylinder has a height of 14 centimeters and a radius of 11 centimeters. What is its
volume? Use 3.14 and round your answer to the nearest hundredth

Answers

V≈5321.86
Sine the cylinder volume formula is pi*r^2*h.

What are the solutions to the following system of equations?
y = 3x - 7
5x - y = 11
A(2, -1)
B (3, 4)
C (-3, 3)
D (-6, 1)

Answers

Answer:

A (2,-1)

Step-by-step explanation:

-1 = 3(2) -7

5(2) - (-1) = 11

Find the general solution to the differential equation (1+x)dy-2ydx=0

Answers

Tthe general solution to the differential equation is given by y = (1+x)^2C, where C is any real number.

The given differential equation is (1+x)dy - 2ydx = 0. To find the general solution, we can rearrange the equation as dy/dx = 2y/(1+x) and separate the variables, yielding (1/y)dy = (2/(1+x))dx. Integrating both sides gives us ln|y| = 2ln|1+x| + C, where C is the constant of integration. Simplifying further, we get ln|y| = ln|(1+x)^2| + C, which can be rewritten as ln|y| = ln|((1+x)^2e^C)|. By taking the exponential of both sides, we obtain y = (1+x)^2e^C, where C is an arbitrary constant.

In this differential equation, we initially rearrange it and separate the variables to obtain dy/dx = 2y/(1+x). Then, we integrate both sides, resulting in ln|y| = 2ln|1+x| + C. We simplify further by exponentiating both sides, which leads to y = (1+x)^2e^C. The constant of integration, C, is absorbed into a new constant, let's say C' = e^C. Therefore, the general solution to the differential equation is y = (1+x)^2C', where C' represents any real number.

This solution represents a family of curves that satisfy the original differential equation, and different values of C' will give different curves within this family.

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Observation from two random and independent samples, drawn from population 1 and 2are given below. Use the Wilcoxon rank sum test to determine whether population 1 is shifted to the left of population 2 Sample 1 33 61 20 19 40 Sample 2 26 36 65 25 35 (1) State the null and alternative hypotheses to be tested.

Answers

The null hypothesis will be rejected if the test statistic is smaller than the critical value at a given significance level. The following hypotheses to be tested are:

H0: Population 1 = Population 2

H1: Population 1 < Population 2

Null hypothesis: Population 1 and Population 2 are not significantly different in their distributions of observations.

Alternative hypothesis: Population 1 is shifted to the left of Population 2 in their distributions of observations. This is a one-tailed test. Thus, the null hypothesis will be rejected if the test statistic is smaller than the critical value at a given significance level.

Therefore, the following hypotheses are to be tested:

H0: Population 1 = Population 2

H1: Population 1 < Population 2

The null hypothesis is a fundamental concept in statistical hypothesis testing. It is a statement that assumes there is no significant relationship between two variables or no difference between two groups being compared. The null hypothesis is often denoted as H0.

In simpler terms, the null hypothesis suggests that any observed differences or relationships in a study are due to random chance or sampling error rather than a genuine effect. It serves as a basis for comparison against an alternative hypothesis, which proposes a specific relationship or difference.

To conduct a hypothesis test, researchers typically formulate a null hypothesis and an alternative hypothesis. The alternative hypothesis (denoted as Ha or H1) represents the claim they want to support or prove. The null hypothesis, on the other hand, assumes that the alternative hypothesis is false or not valid.

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In a large population of college-educated adults, the mean IQ is 112 with standard deviation 25. Suppose 30 adults from this population are randomly selected for a market research campaign. The probability that the sample mean IQ is greater than 115 is 0.019 b.0.256 c 0.461. d.0.328 QUESTION 15 In a large population of college-educated adults, the mean IQ is 112 with standard deviation 50.62. Suppose 30 adults from this population are randomly selected for a market research campaign. The distribution of the sample mean IQ is a approximately Normal, with mean 112 and standard deviation 1.44). bapproximately Normal, with mean 112 and standard deviation 4.564. c approximately Normal, with mean 112 and standard deviation 9.241. Cd approximately Normal, with mean equal to the observed value of the sample mean and standard deviation 25.

Answers

The correct answer is:

D. 0.981.

To calculate the probability that the sample mean IQ is greater than 115, we need to use the concept of sampling distribution and the central limit theorem.

Given:

Population mean (μ) = 112

Population standard deviation (σ) = 25

Sample size (n) = 300

The mean of the sampling distribution of the sample means (μx) will be the same as the population mean (μ) which is 112.

The standard deviation of the sampling distribution (σx) can be calculated using the formula:

σx = σ / √(n)

Plugging in the values:

σx = 25 / √(300)

≈ 1.443

Now, we can use the z-score formula to standardize the sample mean:

z = (x - μx) / σx

where x is the sample mean.

Plugging in the values:

z = (115 - 112) / 1.443

≈ 2.08

Next, we need to find the probability that the standardized sample mean (z) is greater than 2.08.

This can be done by looking up the z-score in the standard normal distribution table or by using a calculator or statistical software.

Using a standard normal distribution table or calculator, we find that the probability associated with a z-score of 2.08 is approximately 0.981.

Therefore, the correct answer is:

D. 0.981.

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The surface area of a cube is 78 in2 . What is the volume of the cube?

Answers

Answer:

The volume of the cube is 46.87 in^3

Step-by-step explanation:

V=6A3/2

36=6·783/2

36≈46.87217in³

Assume that both populations are normally distributed (a) Test whether 4 Hy at the a= 0.05 level of significance for the given sample data (b) Construct a 96% confidence interval about 14 - 12. n Population 1 19 17 3.9 Population 2 19 13.8 4.6 X 10. Moth H12 Detemine the P-value for this hypothesis test. P=0.027 (Round to three decimal places as needed) Should the null hypothesis be rejected? G A Do not reject He, there is suffichent evidence to conclude that the two populations B. Reject M, there is sufficient evidence to conclude that the two populations have different means Oc Reject He, there is not sufficient evidence to conclude that the two populations have different means . Do not reject He, there is not sufficient evidence to conclude that the two populations have different means (b) Construct a 95% confidence interval about ve different means We are 95% confident that the mean difference is between 0.027 and 0.05 (Round to two decimal places as needed, Use ascending order.)

Answers

As per the given details, we are 95% confident that the mean difference between the two populations is between -8.86 and 9.86.

Testing whether the means of two populations are significantly different, we can perform a two-sample t-test.

Given that:

Sample data for Population 1: 19, 17, 3.9

Sample data for Population 2: 19, 13.8, 4.6

Using a significance level of α = 0.05, we can conduct the two-sample t-test.

Calculating the sample means:

X1 = (19 + 17 + 3.9) / 3 = 13.3

X2 = (19 + 13.8 + 4.6) / 3 = 12.8

Calculating standard deviations (s₁ and s₂):

s₁ = sqrt(((19 - 13.3)² + (17 - 13.3)² + (3.9 - 13.3)²) / 2) ≈ 8.16

s₂ = sqrt(((19 - 12.8)² + (13.8 - 12.8)² + (4.6 - 12.8)²) / 2) ≈ 5.44

Calculating the test statistic:

t = (X1 - X2) / sqrt((s₁² / n₁) + (s₂² / n₂))

 = (13.3 - 12.8) / sqrt((8.16² / 3) + (5.44² / 3))

 ≈ 0.489

Degrees of freedom (df) = n₁ + n₂ - 2 = 3 + 3 - 2 = 4

Since |t| = 0.489 < 2.776, we fail to reject the null hypothesis.

Constructing a 95% confidence interval for the mean difference, we can use the formula:

Confidence Interval = (X1 - X2) ± t * sqrt((s₁² / n₁) + (s₂² / n₂))

Using the given values and a confidence level of 95%:

X1 - X2 = 13.3 - 12.8 = 0.5

t (with df = 4, α/2 = 0.025) ≈ 2.776

The standard error:

SE = sqrt((s₁² / n₁) + (s₂² / n₂)) = sqrt((8.16² / 3) + (5.44² / 3)) ≈ 3.37

Confidence Interval = 0.5 ± 2.776 * 3.37

                  = 0.5 ± 9.36

                  ≈ (-8.86, 9.86)

Thus, we are 95% confident that the mean difference between the two populations is between -8.86 and 9.86.

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If x=6, what is the smallest natural number y that makes x2+y2 rational?

Answers

Given: If x=6, what is the smallest natural number y that makes x2+y2 rational .

To Find: Smallest value if y so that the expression is rational .

Solution : On substituting x = 6 , we have

[tex]=> x^2+y^2= 6^2+y^2\\\\ x^2+y^2= 36+y^2[/tex]

Now for the whole expression has minimum value y^2 should be minimum , also y should be natural no. The set of Natural no. is ,

[tex]=> N=\{ 1,2,3,4,... ..,\infty\}[/tex]

Therefore the smallest Natural no. is 1 . Therefore minimum value of y is 1.

The minimum value of y is 1.

Recall the auction models from the class. There is single object to be
sold to one of the n potential buyers. Each buyer i has a valuation of vi for
the object. Consider the auction rule where the winner is the highest bidder,
and pays the average of the second highest bid and the minimum
of all the bids, that is, the highest bidder pays b2+min{bi : i∈N}/

Answers

The auction rule you mentioned is known as the "Vickrey-Clarke-Groves" (VCG) auction. In the VCG auction, the highest bidder wins the object but pays the externality they impose on others.

The payment made by the highest bidder is equal to the difference between the social cost with them participating and the social cost without them participating.

In the case of a single object auction with n potential buyers, the VCG auction proceeds as follows:

Each buyer i submits their bid vi for the object.
The highest bidder, let's say buyer j, wins the object.
The payment made by buyer j is equal to the difference between the social cost with them participating and the social cost without them participating.
The social cost with buyer j participating is the sum of the valuations of all other buyers, excluding the highest bid: Σ{vi} (for i ≠ j).
The social cost without buyer j participating is the sum of the valuations of all buyers: Σ{vi}.
The payment made by buyer j is therefore (Σ{vi} - Σ{vi for i ≠ j}).

This payment rule ensures that the winner pays the externality they impose on others, which incentivizes truthful bidding. In other words, it encourages buyers to bid their true valuations because bidding higher or lower than their true valuation would not affect the outcome of the auction but could impact their payment.

The VCG auction is a theoretical construct and may not be practically implemented in all scenarios due to various complexities and practical considerations. However, it serves as a benchmark for understanding desirable properties of auction mechanisms, such as efficiency and truthfulness.

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Click the location of the point in the coordinate plane with the coordinates (–4, 3).

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Answer:

I've put the red dot where location is.

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