Geometry

Mathematics

1 answer:

Elan Coil [88]3 years ago

3 0

By definition, the number $\pi$ is the ratio between the circumference and the diameter:

$\pi=\dfrac{C}{d}$

This implies that

$C=\pi d$

And so your circumference is $8\pi$

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A firm’s marketing manager believes that total sales for next year will follow the normal distribution, with a mean of $3.2 mill

klasskru [66]

Answer:

The sales level that has only a 3% chance of being exceeded next year is $3.67 million.

Step-by-step explanation:

When the distribution is normal, we use the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the zscore of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this question, we have that:

In millions of dollars,

$\mu = 3.2, \sigma = 0.25$