A buyer purchases 75 yards of material for $120. Then an additional 90 yards are ordered. What is the additional cost?
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Answer:
0.2805
Step-by-step explanation:
Given that p = 20% = 0.2, n = 300.
The mean (μ) = np = 0.2 * 300 = 60
The standard deviation (σ) =
The z score is used to determine by how many standard deviations the raw score is above or below the mean. The z score is given by:
For x = 57:
For x = 62:
From the normal distribution table, P(57 < x < 62) = P(-0.43 < z < 0.29) = P(z < 0.29) - P(z < -0.43) = 0.6141 - 0.3336 = 0.2805