Answer:
y=-2x+b
Step-by-step explanation:
Just use the formula y=ax+b, and input -2 as A, and 3, as x, and 2, as y, and then simplify.
Answer:
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Step-by-step explanation:
When the distribution is normal, we use the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this question, we have that:
In millions of dollars,

Determine the sales level that has only a 3% chance of being exceeded next year.
This is the 100 - 3 = 97th percentile, which is X when Z has a pvalue of 0.97. So X when Z = 1.88.




The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Answer:
$637.50
step by step explanation :
P = $3000
t= 5years
r = 4.25% per annum
Interest = (p×r×t)/100
= (3000×4.25×5)/100
= $637.50
Answer:
70/100.
Step-by-step explanation:
When adding fractions, you need to find a common denominator.
This just means that the numbers at the bottom of both fractions you are adding must be the same.
So for 19/100 + 1/10, you need to match the two denominators (bottom numbers).
To do this, you need to multiply 10 by 10 to get 100.
What you do to the bottom, you must always do to the top as well.
So multiply 7 by 10 and get 70.
70/100 will replace 7/10.
Now you can add fractions because the bottom numbers are the same.