Calculate the standard score of the given X value, X=28.3, where μ=26.3 and σ=28.1 and indicate on the curve where z will be loc
ated. Round the standard score to two decimal places.
1 answer:
Answer:
Standard score z=0.07
Step-by-step explanation:
The z-score, or standard score, represents an equivalent value for X but in the standard normal distribution, where μ=0 and σ=1.
For X=28.3 in a normal distribution with μ=26.3 and σ=28.1, the standard score can be calculated as:
This value is 0.07 standard deviations right to the mean.
In the picture attached, we have located the z-score.
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Answer:
Value of the car after x years
Step-by-step explanation:
Exponential functions are generally expressed in the form: and since this function is decreasing, meaning it has an exponential decay, it can be expressed as:
where r=rate of decay.
In this case the a represents the initial value or y-intercept, since when x=0, (1-r)^0 = 1, so we just have y=a(1) or y=a
The r represents the rate of decay
the x usually represents the time in seconds, days, months, or whatever unit is being used
The y value represents the value of whatever your measuring, and in this context it represents the value of the car after x years.
This is because a represents the initial value
After one year it's only 85% worth it's initial value or 15% less which is represented as 0.85(a)
After two years it's only 85% worth the previous year or 15% less the previous year, which is represented as 0.85(0.85(a))
This will continue to decrease the number of years increase