Answer:
Probability that a randomly selected firm will earn less than 100 million dollars is 0.8413.
Step-by-step explanation:
We are given that the mean income of firms in the industry for a year is 95 million dollars with a standard deviation of 5 million dollars. Also, incomes for the industry are distributed normally.
<em>Let X = incomes for the industry</em>
So, X ~ N(
)
Now, the z score probability distribution is given by;
Z = 
~ N(0,1)
where, 
= mean income of firms in the industry = 95 million dollars
= standard deviation = 5 million dollars
So, probability that a randomly selected firm will earn less than 100 million dollars is given by = P(X < 100 million dollars)
P(X < 100) = P( < 
) = P(Z < 1) = 0.8413 {using z table]
Therefore, probability that a randomly selected firm will earn less than 100 million dollars is 0.8413.
Answer:
y intercept= 0
Step-by-step explanation:
in the formula y=mx+b, m is the slope and b is the y intercept. here we are not given "b" so the y intercept it 0
Answer:
$2353 at 12.5% and $7647 at 8.25%
Step-by-step explanation:
I'll say a is the amount he invested in one market, and b is the amount in the other.
a + b = 10000, or b = 10000 - a
multiplying the investments with the percentages and adding them together will give the total earned interest.
(a × 0.125) + (b × 0.0825) = 925
0.125a + 0.0825b = 925
Use substitution to solve for a.
0.125a + 0.0825(10000 - a) = 925
0.125 a + 825 - 0.0825a = 925
0.0425a = 100
a = 2352.94
Use substitution to find b
b = 10000 - 2352.94
b = 7647.06
The questions are to the nearest dollar so round a and b.
$2353 and $7647
Well , the diameter means a straight line passing from side to side through the center of a body or figure, especially a circle or sphere. The area means what the extent or measurement of a surface or piece of land. So area means inside so all you need to do is just to divide each side by knowing what 20/4 is and that = 5 meters
