Answer:
1. A: 0.25; B: 0.03; C: 1.41; D: -0.28
2. A: 0.39; B: 0.06; C: 40.30; D: 21.81
Step-by-step explanation:
For CDF lookups, we used the Excel NORMDIST(x, mean, stdev, TRUE) function. For inverse CDF lookups, we used the NORMINV(x, mean, stdev) function.
Each of these functions works with the area under the curve from -∞ to x, so for cases where we're interested in the upper tail, we subtract the probability from 1, or subtract the x value from twice the mean.
For question 1, we computed the Z values in each case. The NORMDIST function works directly with x, mean, and standard deviation, so does not need the z value.
The rule seems to be to add 8. 10+8=18+8=26+8=34+8=42. I hope this helps!
The attached image completes the question.
Answer:
- The part (0, 12000) is constant and the slope is zero
- The part (12000, 38000) is decreasing and slope is negative 0.26.
Step-by-step explanation:
Checking the given graph, we see that
For x = 0 to x = 12,000, the values of y are unchanged. For this, we say it is constant.
The slope here is: 0.85 - 0.85 = 0
For x = 12,000 to x = 38,000, the values of y are decreasing. For this, we say it is negative.
The slope here is: 0.59 - 0.85 = -0.26.
What is the header for this page?
- <em>The</em><em> </em><em>slope</em>
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Answer:
39
Step-by-step explanation:
30 x 1.30 = 39
1 us Dollar equals 1.30 us dollars