Answer:
$12.43
Step-by-step explanation:
Given :
Mean = $8.52
Standard deviation, = $2.38
Stock price which falls beyond 0.05 of the distribution is at the 95th percentile
The 95th percentile distribution has a Pvalue of 1.645 (standard normal table)
We obtain the value of x, with z = 1.645
Using the Zscore relation :
Zscore = (score - mean) / standard deviation
1.645 = (score - 8.52) / 2.38
Cross multiply :
1.645 * 2.38 = score - 8.52
3.9151 = score - 8.52
Score = 8.52 + 3.9151
Score = $12.4351
Stock price beyond 0.05 is $12.43
Answer:
Step-by-step explanation:
b:)
The area of the panel is 80ft^2
Answer:
It would take 10 years for the given sum of money be doubled at the given simple interest rate.
Step-by-step explanation:
A 10% interest would be added to the the principal amount after each year. So the interest would reach 100% i.e. equal to the principal amount in 10 years.
15,567 because yeah i know math
