The probability that the average selling price of the 35 homes will be within $2000 of the true mean is 0.5753
First, we need to find the z-score and this is expressed according to the formula;
x is the sample space
is the mean value
is the standard deviation
Given the following parameters
Mean = $275,000
Standard deviation = $10,500
If the true mean is $273,000, then;
If the true mean is $277,000
This means that the z-score is between -0.1095 and 0.1095
Pr( -0.1095 ≤ z ≤ 0.1095)
According to the z table, the probability that the average selling price of the 35 homes will be within $2000 of the true mean is 0.5753
Learn more here: brainly.com/question/17436641
Answer:
5 percent per annum
Step-by-step explanation:
interest rate:
interest: $1800
principal: $18000
duration: 2 years
1800/ 18000 * 100
result is 10%
Since interest is 10% in 2 years, 10% / 2
interest is 5% per year.
I’m going to say B I could be wrong
Answer:
13
Step-by-step explanation:
count A up to C
Answer:
<em>x </em>equals 3.6.
Step-by-step explanation:
A way to solve this equation is to preform the inverse operations on both sides.
1. Add 19 to -19 and 5: 5<em>x </em>+ 6 - 19 + 19 = 5 + 19 ---> 5x + 6 = 24
2. Subtract 6 from 6 and 5: 5x + 6 - 6 = 24 - 6 ---> 5x = 18
3. Divide 5x and 18 by 5: 5x / 5 = 18 / 5 ---> x = 3.6
4. 3.6 is the answer.
To prove it, substitute x with 3.6 in the equation: 5 · 3.6 + 6 - 19 = 5
I hope this made sense and helped you a lot! :)
