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What is the first step when solving present or loan amortization using a formula? a. decide what the monthly payment will be c.
2 answers:
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Answer:
(a) 0.2061
(b) 0.2514
(c) 0
Step-by-step explanation:
Let <em>X</em> denote the heights of women in the USA.
It is provided that <em>X</em> follows a normal distribution with a mean of 64 inches and a standard deviation of 3 inches.
(a)
Compute the probability that the sample mean is greater than 63 inches as follows:
Thus, the probability that the sample mean is greater than 63 inches is 0.2061.
(b)
Compute the probability that a randomly selected woman is taller than 66 inches as follows:
Thus, the probability that a randomly selected woman is taller than 66 inches is 0.2514.
(c)
Compute the probability that the mean height of a random sample of 100 women is greater than 66 inches as follows:
Thus, the probability that the mean height of a random sample of 100 women is greater than 66 inches is 0.