in a survey of 2,000 who owned A certain type of car 1100 said they would buy that same type of car again what percent surveyed
1 answer:
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Answer:
$311.20
Step-by-step explanation:
Here we are required to use the Compound interest formula for finding the Amount at the end of 9th year
The formula is given as
Where ,
A is the final amount
P is the initial amount = $200
r is the rate of interest = 5% annual = 0.05
n is the frequency of compounding in a year ( Here it is compounding monthly) = 12
t is the time period = 9
Now we substitute all these values in the formula and solve for A
Hence the amount after 9 years will be $311.20
Answer:
A score of 150.25 is necessary to reach the 75th percentile.
Step-by-step explanation:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
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.
A set of test scores is normally distributed with a mean of 130 and a standard deviation of 30.
This means that
What score is necessary to reach the 75th percentile?
This is X when Z has a pvalue of 0.75, so X when Z = 0.675.
A score of 150.25 is necessary to reach the 75th percentile.