Suppose Country A spent $50$⁢50 billion on national defense in 2012, which was 10%10% of total government spending. In 2013, Country A's total government spending increased by $60$⁢60 billion compared to 2012. Determine the value of healthcare expenditures in 2013 if they were 5%5% of total government spending.

Q: Break.com is an ad-supported video-sharing website. Its advertisers can choose to have their ad…

A: n=60,x¯=1,σ=0.25,CI=95%=0.95α=1−CI=1−0.95=0.05

Q: Professor Carlton is performing a statistical analysis on the final grades of the students in his…

A: From the given data we find the solution for the given

Q: Express the confidence interval −29.8<μ<265.6-29.8<μ<265.6 in the form of ¯x±MEx¯±ME. ¯x±ME=x¯±ME=

A: Express the confidence interval −29.8&lt;μ&lt;265.6 in the form of ¯x±MEx¯±ME.   ¯x±ME=x¯±ME=

Q: when a producer allows 36% commission on the retail price of his product , he earns a profit of…

A:

Q: Two investments totaling $63,500 produce an annual income of $5,155. One investment yields 5% per…

A:

Q: pair oh hi-tech space sneakers is on sale with a 15% discount.The sneakers normally cost $1200 .How…

A:

Q: Although Social Security is a problem, some projections indicate that there's a much bigger time…

A: Given: In 2000, the cost of social security 5.48% was gross domestic product increasing by 0.04% of…

Q: During the first quarter of 2015, Toronto Dominion Bank (TD) stock cost $45 per share and was…

A: Let x be the number of shares of Toronto Dominion Bank (TD) and y be the number of shares of CNA…

Q: Savings account X,savings account Y,and savings account Z all offer APRs of 3.75%.However, savings…

A:

Q: A financial consultant advises a client to invest part of $27,000 in municipal bonds that earn 5.9%…

A:

Q: In Edgar’s state, unemployment compensation is calculated by finding the total of the quarterly…

A:

Q: Jeff Bezos, who owns Amazon, has a net worth of approximately $143.1 billion (as of mid-2018). An…

A: Say, the number of lifespans taken by an employee to earn wages equivalent to that Individual J = x,…

Q: According to financial experts, a renter should allow 25% - 30% of their gross income for rent.…

A: 30% of 52000 is the most he should spend on rent per month.

Q: In 2011, Americans spent an average of 13.6 % of their monthly earnings on mortgage payments, which…

A: Let x be the average monthly earnings of an American. Assuming this monthly average is same for the…

Q: In​ 2005, there were 18,400 students at college​ A, with a projected enrollment increase of 1000…

A: The number of students in college A is 18400 with a projected enrolment increase of 1000 students…

Q: The borough of Pan Sherzando charges homeowners $75.24 per month plus $3.86 per 1000 litres for…

A:

Q: If a household has 3 members, and has an annual income of $100,000, predict this household’s monthly…

A: The data shows the monthly household spending, annual household income and household size.

Q: According to a study by Oxford University the average costs of a summer Olympic Games over the…

A:

Q: 3 Lance earned $546 in April and $354 in June. If he plans to save half of his money, how much will…

A: Given that, Lance earned $546 in April and $354 in June. He plans to save half of his money.

Q: If the loss percent for grapefruit is 47%, the yield percent would be 53%.

A: Yes. Statement is true.

Q: You work for a social media company. In 2016 your platform had 1.5 million users. In 2019 your…

A: Given, in the year 2016, social media platform had 1.5 million users and in 2019, it had 7.5 million…

Q: Over a 35-year period, Person A earned an average of $20,000/year and Person B earned an average of…

A: Computing the amount the person pay in total over 35 years:Person A earned an average of $20,000 per…

Q: A furniture store has a sale during which the sale price of a sofa is 1/3 off its original price.…

A: Use algebra and percentage formula to evaluate the problem.

2-Proportion Test

In a 2-proportion test, two separate proportions are measured at the same time, and their similarity is evaluated. It is also known as a 2-proportion z-test, and a comparison of two different proportions is done in this method.