A town has a population 2000 and grows 4.5% every year. What will be the population after 13 years to the nearest whole number
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<u>Given</u>:
Let the random variable x is normally distributed with mean and
We need to determine the probability of
<u>Probability of </u><u>:</u>
The formula to determine the value of is given by
Thus, we have;
Simplifying, we get;
Using the normal distribution table, the value of -2 is given by 0.0228
Thus, the value of is 0.0228