Answer:
Julian’s data is inconclusive, so he should order the same number of jeans
Explanation:
During inflation, investors who have assets in markets that are affected by <em>inflation</em> will have the least negative impact.
Inflation simply means the measure of the rate of the increase in the prices of goods and services in a country. Inflation can occur due to an increase in the factors of production or due to an increase in demand.
During<em> inflation,</em> the consumers are negatively affected as the price of goods soar. Despite the negative effects of<em> inflation</em>, it can still be beneficial to the investors that have assets in the markets that are affected by <em>inflation.</em>
Also, it can be beneficial for some companies that charge higher prices for the goods that they already have in their warehouse. This leads to more profit. In such a case, such people aren't really affected by the negative effects of<em> inflation.</em>
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The parameters of the normal distribution of the thermometer readings are its mean and the standard deviation
The probability that a thermometer reading is between 99.86o F and 100.07o F is 0.5403
<h3>The sketch of the normal distribution of the thermometer</h3>
The given parameters are:
- Mean, μ = 100
- Standard deviation, σ = 0.15
Next, we draw the normal distribution using a graphing calculator.
See attachment for the sketch of the normal distribution of the thermometer
<h3>The probability that a thermometer reading is between 99.86o F and 100.07o F</h3>
This means that:
x = 99.86 and x = 100.07
The probability is calculated as:
P(99.86 < x < 100.07) = P(x > 99.86) - P(x < 100.07)
Using the attached graph, we have:
P(99.86 < x < 100.07) = 0.5403
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