Answer:
0.0351478382 (To be precise)
Step-by-step explanation: Can I get brainliest? Thanks
1. Normal Distribution --> Z ~ (0,1^2)
2. Use normalcdf(lower bound, upper bound, μ, σ) function on a graphing calculator
P(Z≥103.53) = normalcdf(103.53, 1e99 [default], 80, 13)
P(Z≥103.53) ≈ 0.03
3. μ+σ ≈ 13.59% According to Z-distribution chart
80+13=93
So about 93 exceed only the top 16% (estimated answer not exact)
Answer:
Step-by-step explanation:
Number Price per Total Commission Total cost
of Shares Share (At 6% of total)
100 $16.25 $1625 1625+97.5 = $1722.5
100 $11.31 $1131 1131+67.86=$1198.86
40 $9.15 $366 366+21.96=$387.96
100 $15.27 $1527 1527+91.62=$1618.62
100 $13.22 $1322 1322+79.32=$1401.32