Answer:
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
Step-by-step explanation:
Problems of normally distributed samples are 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.
In this question, we have that:
What is the probability that a randomly selected airfare between these two cities will be between $325 and $425?
This is the pvalue of Z when X = 425 subtracted by the pvalue of Z when X = 325. So
X = 425
has a pvalue of 0.7088
X = 325
has a pvalue of 0.1814
0.7088 - 0.1814 = 0.5274
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
Answer:
using the formula x/a + y/b =1
a: slope intercept on the x axis
b:slope intersect on the y axis
x/0 + y/3 = 1 (since x/0 is undefined ,the slope doesn't exist and it is impossible for a slope to be linear)
Answer:
Mice crispys
Step-by-step explanation:
Answer:
a. Grand Mean = 2.799
b. Standard Deviation = 0.01387
c. Standard Error = 0.0016
d. The range with a Z score of 3 = (2.75739, 2.84061)
Step-by-step explanation:
a. Grand mean :
Given that
Sum of 80 values = 223.91
Total observation = 80
Grand mean = 223.91/80 = 2.799
b. With the excel command "STDEV[range of cells]", we get the standard deviation as = 0.01387
c. Standard error = Standard deviation / root of n
d. The range with a Z score of 3 :
lower limit = mean - (3 * SD) = 2.799 - (0.04161) = 2.75739
upper limit = mean + (3 * SD) = 2.799 + (0.04161) = 2.84061
<span>To find 7% tax on $9.79 multiply by 0.07 getting 0.6853
Then add 9.79 to 0.6853 getting 10.4753 (round to $10.48) </span>
