Answer:
And we can find this probability using the complement rule and with the normal standard table or excel:
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 average household spent of a population, and for this case we know the distribution for X is given by:
Where
and
We are interested on this probability
And the best way to solve this problem is using the normal standard distribution and the z score given by:
If we apply this formula to our probability we got this:
And we can find this probability using the complement rule and with the normal standard table or excel:
Y=40x since y intercept is 0 and slope is 40
(3640 - 3250) / 3250 = 390 / 3250 = 39 / 325 = 3 / 25 = 12%
(4100 - 3640) / 3640 = 460 / 3640 = 46 / 364 = 23 / 182 = 12.637...%
If given a line in the slope-intercept form
y=mx+b
m is the slope and b is they y-intercept
The axis of symmetry is a line that splits a graph into two mirror images. For a parabola, the axis of symmetry goes through the vertex and is a vertical line.
The axis of symmetry for this graph is x = -1.
Hope this helps!! :)