Answer:
2 61/162
Step-by-step explanation:
Answer:
13.76
Step-by-step explanation:
We want year 10; this means we substitute 10 in place of x:
y=-0.34(10²)+4.43(10)+3.46
y = -0.34(100)+4.43(10)+3.46
y = -34+44.3+3.46 = 13.76
Answer:
375
Step-by-step explanation:
<em><u>The least amount of money you would need to invest per month is; $335</u></em>
<em><u>The anticipated rate of return on your investments is; 7%</u></em>
<em><u /></em>
- Amount to have been saved at the end of 10 years ≥ $40,000
Number of years of savings = 10 years.
- We want to find out the least amount to be invested per month.
There are 12 months in a year. Number of months in 10 years = 10 × 12 = 120 months.
- Thus, amount to be saved monthly = 40000/12 = $333.33
- Since the minimum amount he wants to save after 10 years is $40000, then we need to approximate the monthly savings in order.
Thus;
Monthly savings ≈ $335
- Now, for the anticipated rate of return on the investment, we know from S & P's that the benchmark on good rate of return for investment is a minimum of 7%.
- From online calculator, the worth of the investment after 10 years based on 7% rate of return yearly would be $57626.
Read more at; brainly.com/question/9187598
Answer:
0.7486 = 74.86% observations would be less than 5.79
Step-by-step explanation:
I suppose there was a small typing mistake, so i am going to use the distribution as N (5.43,0.54)
Problems of normally distributed samples can be 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.
The general format of the normal distribution is:
N(mean, standard deviation)
Which means that:
What proportion of observations would be less than 5.79?
This is the pvalue of Z when X = 5.79. So
has a pvalue of 0.7486
0.7486 = 74.86% observations would be less than 5.79
