5-2.1=? 5-2.17=? 5-2 7/8 solve make sure to re-check your self before answering or no forty points

Mathematics

1 answer:

frozen [14]3 years ago

6 0

Answer: 5-2.1= 2.9

5-2.17= 2.83

5-2 7/8= 2.125

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Among all monthly bills from a certain credit card company, the mean amount billed was $465 and the standard deviation was $300.

Fynjy0 [20]

Answer:

0.02% probability that the average amount billed on the sample bills is greater than $500.

Step-by-step explanation:

The Central Limit Theorem estabilishes that, for a random variable X, with mean $\mu$ and standard deviation $\sigma$ , a large sample size can be approximated to a normal distribution with mean $\mu$ and standard deviation $\frac{\sigma}{\sqrt{n}}$ .

Normal probability distribution

Problems of normally distributed samples can be solved using 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 problem, we have that:

$\mu = 465, \sigma = 300, n = 900, s = \frac{300}{\sqrt{900}} = 10$ .