A real estate agent sells a house for 87,000. She gets a commission of 6% on a sale. What is her commission
1 answer:
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Answer:
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Step-by-step explanation:
When the distribution is normal, we use 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:
In millions of dollars,
Determine the sales level that has only a 3% chance of being exceeded next year.
This is the 100 - 3 = 97th percentile, which is X when Z has a pvalue of 0.97. So X when Z = 1.88.
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Answer:
x+5 (under assumption you meant to do -3x
Step-by-step explanation:
you can use long division.
Take the leading coefficient x^4 and divide it by x^3. This results in x which is going to be the first part of you quotient. Now take that x and multiply it by the divisor (x^3 - 3). This gives you x(x^3 - 3) = x^4 - 3x. Now subtract that x^4 - 3x from the original polynomial and repeat this until you can't divide anymore
So you just plot the points on a graph and draw a line to connect them
