To solve this
problem, we will have to make use of the z statistic. The formula for the z
score is given as:
z = (x – u) / s
where,
x is the sample value = more than $10.00
u is the sample mean = $8.22
s is the standard deviation = $1.10
Substituting the values into the equation to solve for z:
<span>z = (10 – 8.22) /
1.10</span>
z = 1.78 / 1.10
z = 1.62
We then look for the p value using the standard
distribution tables at the specified z score value = 1.62. Since this is a
right tailed test, therefore the p value is:
p = 0.0526
or
p = 5.26%
<span>Therefore there is a 5.26% probability that a household
spent more than $10.00</span>
X+y=7
X-y=3
_____
2x. =10
2x/2=10/2
X=5
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The answer is -2, hopes this helps