Answer:
a) 0.9964
b) 0.3040
Step-by-step explanation:
Given data:
standard deviation = $90,000
Mean sales price =$345,800
sample mean = $370,000
Total number of sample = 100
calculate z score for [/tex](\bar x = 370000)[/tex]


z = 2.689
P(x<370000) = P(Z<2.689)
FROM STANDARD NORMAL DISTRIBUTION TABLE FOR Z P(Z<2.689) = 0.9964
B)
calculate z score for (\bar x = 350000)


z = 2.133

FROM NORMAL DISTRIBUTION TABLE Z VALUE FOR


SO, = 0.9836 - 0.6796 = 0.3040
Do 48/6, then multiply the answer by $5
Given that the par value of the bond is $1000 and the quoted price is $102.1, then the price of the bond will be:
Price=(quoted price)
Price=102.1
Price=$102.1
Answer: $102.1
Answer:
Step-by-step explanation:
Find the midpoint of a segment. It is geometry please help.