Pleasee explainnnn #23
1 answer:
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The simplified form of given expression is
<em><u>Solution:</u></em>
Given that we have to simplify the expression
<em><u>Given expression is:</u></em>
We can simplify the expression by multiplying each term in first bracket with each term term in second bracket
Simplify the above expression by multiplying the numbers in each term and adding the coefficients of like variables in each term
Combine the like terms
Thus the expression is simplified
Answer:
38.59% probability that inflation rate will be below 1.9% in 2019
Step-by-step explanation:
Problems of normally distributed samples are solved using 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 problem, we have that:
If the annual inflation rate is normally distributed, what is the probability that inflation rate will be below 1.9% in 2019?
This is the pvalue of Z when X = 1.9. So
has a pvalue of 0.3859
38.59% probability that inflation rate will be below 1.9% in 2019