Hi I'm just doing my homework and I need help if you got the answer tell me how you got it
1 answer:
You might be interested in
Answer:
First part
And for this case we can use the z score formula given by:
And using this formula we got:
And we can use the normal standard table or excel and we got:
Second part
For the other part of the question we want to find the following probability:
And using the score we got:
And we can find this probability with this difference:
Step-by-step explanation:
Previous concepts
Normal distribution, is a "probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean".
The Z-score is "a numerical measurement used in statistics of a value's relationship to the mean (average) of a group of values, measured in terms of standard deviations from the mean".
Solution to the problem
Let X the random variable that represent the data of a population, and for this case we know the distribution for X is given by:
Where and
First part
And for this case we want this probability:
And for this case we can use the z score formula given by:
And using this formula we got:
And we can use the normal standard table or excel and we got:
Second part
For the other part of the question we want to find the following probability:
And using the score we got:
And we can find this probability with this difference:
Answer: Loss, 200 Rs
Step-by-step explanation:
Given
Sharad bought a quintal of onion i.e. for
So, the cost price of onion is
He sells it at
Here, the Selling price is less than the cost price
So, he incurs a loss of
For a quintal it is