Holly invested £3000 in a savings account the account paid compound interest of 4% per year work out how much was in the account
1 answer:
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Answer:
b) 6.68%
Step-by-step explanation:
Normal Probability Distribution
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the z-score 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 p-value, we get the probability that the value of the measure is greater than X.
The mean score on the scale is 50. The distribution has a standard deviation of 10.
This means that
Matthew scores a 65. What percentage of people could be expected to score the same as Matthew or higher on this scale?
The proportion is 1 subtracted by the p-value of Z when X = 65. So
has a p-value of 0.9332.
1 - 0.9332 = 0.0668
0.0668*100% = 6.68%
So the correct answer is given by option b.
Answer:
Step-by-step explanation:
To solve this problem is multiply 2 by 2 and then 2 which gives you 8.
Then you will add 2+2+2 and get six. For when multiply exponents you are adding.