Answer:
Step-by-step explanation:
Let X be average interest paid monthly by a bank's Visa cardholders
Given that X is N(28, 8)
In the following to find out probability we convert X to z score and use std normal distribution table
Z = 
Probability being less than 1 is here equal to the proportion also.
A) P(X>32) = P(Z>0.5)=0.5-0.1915=0.3085
B) P(X>40) = P(Z>1)=0.5-0.3413=0.1687
C) P(X<19) = P(Z<-1.125)=0.5-0.0438=0.4562
D) We have to find 19th percentile here
Z =-0.88
Answer:
b. =8.5+1.96*3/SQRT(45), and =8.5-1.96*3/SQRT(45)
Step-by-step explanation:
Sample size (n) = 45
Sample mean (M) = 8.5 minutes
Variance (V) = 9 minutes
Z-score for a 95% confidence interval (z) = 1.96
A confidence interval is defined by the following expression:
Applying the given data:
Writing in Excel statements, the limits of the interval would be
=8.5+1.96*3/SQRT(45), and =8.5-1.96*3/SQRT(45)
Therefore, the answer is alternative b.
What is the vertex form of the equation y=-x^2+8x-3
Answer:
e.
Step-by-step explanation:
The parameter is used to measure the population or in other words the measurement taken from a population is known as parameter. Here, the population will be all the co-workers that use company's healthcare. The percentage calculated for all co-workers that use company's healthcare will be the measurement calculated from population. Thus, the parameter will be the percentage of all the co-workers that use the company's healthcare.
.50x -5=0
Add 5 to both sides
.50x=5
Divide both sides by.5
X =10. You must sell 10 to break even
The slope is .50
The y intercept is -5
