Complete the table to represent how much each individual monthly deposit of $50 will be worth at the end of 12 months. Enter you
r answers as an expression in the form
a(1 + r)n, as shown for the first month.
a(1 + r)n, as shown for the first month.
2 answers:
You might be interested in
Answer:
b. the area to the right of 2
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, which is also the area to the left of Z. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X, which is the area to the right of Z.
In this problem:
Percentage who did better:
P(Z > 2), which is the area to the right of 2.