I need answers pleaseeeee
2 answers:
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Answer:
Yes the sales manager claims can be refuted based on the calculated percentages
Step-by-step explanation:
<u>From the table attached below </u>
Total number of customers = 200
<em>Calculated percentages</em><em> </em>
customers that prefer whole life insurance = 90 = 90/200 = 45%
customers that prefer universal life insurance = 15 = 15/200 = 7.5%
customers that prefer Annuities = 95 = 95/200 = 47.5
<em>Expected percentages:</em>
whole life = 20%
Universal life = 10%
Life Annuities = 70%
Answer:
the student should score atleast 229 to be among the top 10%.
Step-by-step explanation:
in terms of the normal distribution, and if the table that you're using calculates the area of the normal distribution from the mean to a point x, only then what we are actually finding the value 'x' at which the z-score is at 40% (the rest 50% is already skipped by the table)
after finding the the value at this z-score, we can find the value of x at which the score is in the top 10% range.
we can find the z-score either using a normal distribution table or calculator. (but be sure what area is it calculating)
looking at the table the closest value we can find is, 0.4015 at z = 1.29 ((it is above 40% because we want to be in the top 10% range)
the student should score atleast 229 to be among the top 10%.