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:
105 psychology textbooks. 189 physics textbooks.
Answer:
Where’s the graph?
Step-by-step explanation:
Answer:
I believe this is pathgorean theorem, which I did at the beginning of alegbra last year. It is basically finding the missing side of a triangle. (Trust me some of the easiest stuff you do all year) Below are my notes from last year. I hope it helps! Good Luck!!!
Step-by-step explanation:
Given two sides
If you know two other sides of the right triangle, it's the easiest option; all you need to do is apply the Pythagorean theorem:
a² + b² = c²
if leg a is the missing side, then transform the equation to the form when a is on one side, and take a square root:
a = √(c² - b²)
if leg b is unknown, then
b = √(c² - a²)
for hypotenuse c missing, the formula is
c = √(a² + b²)
Gabby has a goal to finish covering the field before 12 hours have
elapsed.
Explain why Gabby will be able to meet her goal by working at this rate. As
part of the explanation, determine the amount of time, in hours, Gabby
will have to water the field.
