Answer:
0.43715
Step-by-step explanation:
We solve using z score calculator
z = (x-μ)/σ, where
x is the raw score
μ is the population mean = $276,000
σ is the population standard deviation = 32,000
For x = $276,000
z = 276,000 - 276,000/32000
z = 0
Probability value from Z-Table:
P(x = 276000) = 0.5
For x = $325,000
z = 325,000 - 276,000/32000
z = 1.53125
Probability value from Z-Table:
P(x = 325000) = 0.93715
The probability that the next house in the community will sell for between $276,000 and $325,000 is
P(x = 325000) - P(x = 276000)
= 0.93715 - 0.5
= 0.43715
Answer:
The score that cuts off the bottom 2.5% is 48.93.
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:

What is the score that cuts off the bottom 2.5%
This is X when Z has a pvalue of 0.025, so X when Z = -1.96.




The score that cuts off the bottom 2.5% is 48.93.
Answer:
328.4
Step-by-step explanation:
sorry I don't know the step by step
Answer:
D/z
Step-by-step explanation:
Since D and z are variables, we can express the division as a fraction:
D/z