You are choosing a book from your friend’s book collection. You can choose 1 of 6 science fiction books, 1 of 2 mystery books, o
2 answers:
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Answer:
Option C: 15.87 is the correct answer
Step-by-step explanation:
Given
Mean = $47500
SD = $12500
We have to find the probability of having $60000 or more
So,
x = $60000
The z-score will be:
Looking in the z-score table, we get
P(Z<60000) = 0.8413
In order to find the probability P(Z>60000) => 1-P(Z<60000)
= 1-0.8413
=0.1587
Converting into percentage: 0.1587*100 = 15.87%
Hence,
Option C: 15.87 is the correct answer