Just multiply 37.7 by 4 and get your answer.
Answer:
$12.43
Step-by-step explanation:
Given :
Mean = $8.52
Standard deviation, = $2.38
Stock price which falls beyond 0.05 of the distribution is at the 95th percentile
The 95th percentile distribution has a Pvalue of 1.645 (standard normal table)
We obtain the value of x, with z = 1.645
Using the Zscore relation :
Zscore = (score - mean) / standard deviation
1.645 = (score - 8.52) / 2.38
Cross multiply :
1.645 * 2.38 = score - 8.52
3.9151 = score - 8.52
Score = 8.52 + 3.9151
Score = $12.4351
Stock price beyond 0.05 is $12.43
Your answer would be $13.50 because is 3 bags cost 6.75 and you need 6 bags then just multiply the 6.75 by 2 and you get your answer :)
4.5 and 3.25 gets you to 7.75, you are correct
Answer:
students 150
adult 550
Step-by-step explanation:
x + y = 700
5x + 2y = 3050
x = 700 - y
5(700 - y) + 2y = 3050
3500 - 5y + 2y = 3050
-3y + 3500 = 3050
-3y = 3050 - 3500
-3y = -450
y = -450 / -3
y = 150
x = 700 - y
x = 700 - 150
x = 550
