What is 27/36 as a decimal? Enter your answer in the box.
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Answer:
The mean of the number of people ordering the program is 22,046.5 and the standard deviation is 4,651.16.
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.
Past history shows that 33.00% of the time fewer than 20,000 people order the program
This means that X = 20000 has a pvalue of 0.33. So when X = 20000, Z = -0.44.
Only ten percent of the time do more than 28,000 people order the program.
This means that X = 28000 has a pvalue of 1-0.1 = 0.9. So when X = 28000, Z = 1.28.
Also
So
The mean of the number of people ordering the program is 22,046.5 and the standard deviation is 4,651.16.