In a certain city , the hourly wage of workers on temporary employment crontracts is normally distributed. The mean is $15 and t
1 answer:
Answer:
16%
Step-by-step explanation:
The mean is $15 and the standar deviation is $3.
mean = 15 and SD = 3
We need to find percentage less than 12 per hour
P(x<12)= P(x=12)
to find P(x=12) we find z-score
Now use z-score table . z-score = 0.1587
P(x=12)=0.1587
To get percentage we multiply by 100
0.1587 * 100 = 15.87 = 16%
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Answer:
Step-by-step explanation:
Let the numbers be x,y, where x>y
The geometric mean is
The Arithmetic mean is
The ratio of the geometric mean and arithmetic mean of two numbers is 3:5.
We can write the equation;
or
l
and
or
Make y the subject in equation 2
Put equation 3 in 1
When x=1, y=10-1=9
When x=9, y=10-9=1
Therefore x=9, and y=1
The ratio of the smaller number to the larger number is
Answer:
The amount invested at 5% was $39,000 and the amount invested at 7% was $11,000
Step-by-step explanation:
we know that
The simple interest formula is equal to
where
I is the Final Interest Value
P is the Principal amount of money to be invested
r is the rate of interest
t is Number of Time Periods
Let
x-----> the amount invested at 5%
50,000-x -----> the amount invested at 7%
so
substitute in the formula above
solve for x
therefore
The amount invested at 5% was $39,000 and the amount invested at 7% was $11,000