The best answer between the two choices would be the second option B) FALSE because the owner doesn't have to use his ''best'' judgement to figure out costs and expenses when it comes to sales.
Answer:
250 + 0.05 (1500)
250 + 75 = $325 david made i a week with 1500 in sales
250 + 0.05(xx) is how much david would make if he sold xx that week
Step-by-step explanation:
i hope this helped :)
Answer:
true
Step-by-step explanation:
Answer:
Step-by-step explanation:
Hello!
The variable of study is X: Temperature measured by a thermometer (ºC)
This variable has a distribution approximately normal with mean μ= 0ºC and standard deviation σ= 1.00ºC
To determine the value of X that separates the bottom 4% of the distribution from the top 96% you have to work using the standard normal distribution:
P(X≤x)= 0.04 ⇒ P(Z≤z)=0.04
First you have to use the Z tables to determine the value of Z that accumulates 0.04 of probability. It is the "bottom" 0.04, this means that the value will be in the left tail of the distribution and will be a negative value.
z= -1.75
Now using the formula of the distribution and the parameters of X you have to transform the Z-value into a value of X
z= (X-μ)/σ
z*σ = X-μ
(z*σ)+μ = X
X= (-1.75-0)/1= -1.75ºC
The value that separates the bottom 4% is -1.75ºC
I hope this helps!