Answer:
0.2776
Explanation:
Mean = 15000, SD = 1500
We need to find Cumulative probability: P(X > 15884)
First we need to convert it into normal distribution.
From the attached file, we can see the shaded area we are looking for.
For conversion as follow; 
Next to find Z = 
= 0.59
now we have converted to normal distribution and found the value of Z, we need to find the probability P(X > 15884).
P(X > 15884) = P(Z > 0.59).
From the normal distribution table at Z= 0.59, and greater than 0.59, Probability = 0.2776.
The imports is the source of demand for dollars in the foreign currency exchange market in an open economy.
Given that there is an open economy and there is need of foreign currency exchange market.
We are required to tell what is the source of the demand for dollars in the foreign currency exchange market.
The foreign exchange market is basically an over-the-counter marketplace that determines the exchange rate for global currencies.
An open economy is basically a type of economy where not only domestic factors but also entities in other countries engage in trade of products.
The amount of dollars are needed for the payment of the imports made by the public or government. In this way demand of dollars increases.
Hence the imports is the source of demand for dollars in the foreign currency exchange market in an open economy.
Learn more about exchange rate at brainly.com/question/2202418
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Answer: help to interpret your NSC results and can be used by universities in different ways. so these are two reasond.
Explanation:
