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lakkis [162]
1 year ago
13

Last year, the number of skateboards produced by a skateboard company is normally distributed. The standard deviation of skatebo

ards produced was 20 skateboards. They found they produced up to 280 skateboards on 93.32% of the days last year. Use this information to find the average number of skateboards produced per day last year.
Mathematics
1 answer:
jenyasd209 [6]1 year ago
6 0

The average number of skateboards produced per day last year is 310.

<h3>What is a normal distribution?</h3>

It's the probability curve of a continuous distribution that's most likely symmetric around the mean. On the Z curve, at Z=0, the chance is 50-50. A bell-shaped curve is another name for it.

We have:

The standard deviation of skateboards produced was 20 skateboards. They found they produced up to 280 skateboards on 93.32% of the days last year.

Z- score at 93.32% is -1.5

We know:

\rm Z = \dfrac{(x - \mu)}{\sigma}

\rm -1.5 = \dfrac{(280 - \mu)}{20}

μ = 280 + 30

μ = 310

Thus, the average number of skateboards produced per day last year is 310.

Learn more about the normal distribution here:

brainly.com/question/12421652

#SPJ1

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Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years. Five years after Brian's initial inve
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Answer:

Brian has $776 more account in his account than Chris.

Step-by-step explanation:

Compound interest Formula:

A=P(1+r)^t

I= A-P

A= Amount after t years

P= Initial amount

r= Rate of interest

t= Time in year

Given that,

Brian invests $10,000 in an account earning 4% interest, compounded annually for 10 years.

Here P = $10,000 , r= 4%=0.04, t=10 years

The amount in his account after 10 years is

A=10000(1+0.04)^{10}

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Five years after Brian's investment,Chris invests $10,000 in an account earning 7% interest, compounded annually for 5 years.

Here P = $10,000 , r= 7%=0.07, t=5 years

The amount in his account after 5 years is

A=10000(1+0.07)^{5}

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From the it is cleared that Brian has $(14802-14026)=$776 more account in his account than Chris.

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2 years ago
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