Answer:
a) We need to find p(x<68.15)
Standardize x to z, we have, z = (68.15-μ)/σ
=(68.15-57)/8.1
=1.38
Reading from standard normal tables,
p(z<1.38) =0.9162.
b) We need to find p(x>54.4)
Standardize x to z, we have, z = (54.4-μ)/σ
=(54.4-57)/8.1
=-0.32
Reading from standard normal tables,
p(z>-0.32) = 0.6255
Read directions carefully. Eliminate as many options possible, select the best answer. Answer questions you know first. Go over exam again and answer hard questions next. If you have enough time left review the questions and answers again.
Answer:
Even though a contract for deed has some benefits, there are several disadvantages for both the buyer and seller.
Default and Foreclosure Risks. ...
Title Issues. ...
Miscellaneous Issues.
Suppose that both firms start off not advertising. If firms act independently, what strategies will they end up choosing (option B) - Both firms will advertise)
<h3>What is an advert?</h3>
An advert is a mass or public media message with is designed to convince people to but into a product, service or an idea.
Hence, it is correct to state rival firms will end up advertising.
Learn more about advertising at:
brainly.com/question/14227079
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Full Question:
Suppose that both firms start off not advertising. If firms act independently, what strategies will they end up choosing?
A) fizzo will choose not to advertise and Pop Hop will choose to advertise.
B) Both firms will advertise
C) Both firms will choose NOT to advertise
D) Fizzo will chose to advertise and Pop will choosenot to advertise.