-2,-7 because you go the same ammount in the opposite direction
The value of a is 72.74.
<h3>What is Probability ?</h3>
Probability is the study of likeliness of an event to happen.
It is given that
The mean
of the distribution is 70
Standard deviation
is 2
p( x<a) = 0.9147
a = ?
From Z table
For p ( p < 0.9147) , z = 1.37


a = 70+ 2*1.37
a = 72.74
Therefore the value of a is 72.74.
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It cannot be simplified...
It should be noted that the mean and the standard deviation of the data given in will be 4.26 and 1.1011 respectively.
<h3>How to solve
the mean.</h3>
From the complete information, the mean will be calculated as:
= (0.02 × 1) + (0.09 × 2) + (0.12 × 3) + (0.15 × 4) + (0.62 × 5)
E(X) = 4.26
The standard deviation will be calculated thus:
E(X²) = (0.02 × 1²) + (0.09 × 2²) + (0.12 × 3²) + (0.15 × 4²) + (0.62 × 5²)
E(X²) = 19.36
The standard deviation will then be the difference between the square root of 19.36 and 4.26². This will be 1.1011.
The expected profit of the company will be:
= 0.75 × E(X)
= 0.75 × 4.26
= $3.20
The mean of the total number of binders purchased will be:
= 4.26 + 2.74 = 7
The standard deviation will be 1.6658.
Lastly, the total expected profit will be:
= 0.75E(X) + 1.45E(Y)
= 0.75(4.26) + 1.45(2.74)
= 3.195 + 3.973
= 71.68
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