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Brut [27]
3 years ago
6

Can anyone help me with this calc question?

Mathematics
1 answer:
Zepler [3.9K]3 years ago
6 0

Answer:

0.7048

Step-by-step explanation:

Use trap rule on the calc

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Suppose ARB Bank is reviewing its service charges and interest payment policies on current accounts. Suppose further that ARB ha
Advocard [28]

Answer:

5.94% of customers carries a balance of GH¢100 or lower.

82.64% of customers carries a balance of GH¢500 or lower.

0% of current account customers carries average daily balances exactly equal to GH¢500.

76.7% of customers maintains account balance between GH¢100 and GH¢500

Step-by-step explanation:

When the distribution is normal, we use the z-score formula.

In a set with mean \mu and standard deviation \sigma, the zscore of a measure X is given by:

Z = \frac{X - \mu}{\sigma}

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:

\mu = 350, \sigma = 160

What percentage of customers carries a balance of GH¢100 or lower?

This is the pvalue of Z when X = 100. So

Z = \frac{X - \mu}{\sigma}

Z = \frac{100 - 350}{160}

Z = -1.56

Z = -1.56 has a pvalue of 0.0594

5.94% of customers carries a balance of GH¢100 or lower.

What percentage of customers carries a balance of GH¢500 or lower?

This is the pvalue of Z when X = 500.

Z = \frac{X - \mu}{\sigma}

Z = \frac{500 - 350}{160}

Z = 0.94

Z = 0.94 has a pvalue of 0.8264

82.64% of customers carries a balance of GH¢500 or lower.

What percentage of current account customers carries average daily balances exactly equal to GH¢500?

In the normal distribution, the probability of finding a value exactly equal to X is 0. So

0% of current account customers carries average daily balances exactly equal to GH¢500.

What percentage of customers maintains account balance between GH¢100 and GH¢500?

This is the pvalue of Z when X = 500 subtracted by the pvalue of Z when X = 100.

From b), when X = 500, Z = 0.94 has a pvalue of 0.8264

From a), when X = 100, Z = -1.56 has a pvalue of 0.0594

0.8264 - 0.0594 = 0.767

76.7% of customers maintains account balance between GH¢100 and GH¢500

5 0
3 years ago
Just please help I don’t know
natali 33 [55]
The data is a positive correlation
8 0
2 years ago
Read 2 more answers
Determine whether the given equation has one solution, no solution, or infinitely many solutions.
ella [17]

Answer:

No solution

Step-by-step explanation:

Simplify the left side.

− 3 x − 10 =3 ( 3 − x )

Simplify  

3 ( 3 − x ).

− 3 x − 10 = 9 − 3 x

Move all terms containing  x  to the left side of the equation.

− 10 = 9

Since  

− 10 ≠ 9  , there are no solutions.

No solution

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3 years ago
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A number decrease by 12 is 45
Blababa [14]

Answer:

D. N-12=45

Step-by-step explanation:

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Licemer1 [7]

Answer:

It will be 0.123 (f)t

Step-by-step explanation:

Multiplying the plan by the patient list gives the usage for the upcoming days: [3 6 9 12 15]. Everyday multiplication (3 x 4) means using the plan with a single day of patients: [3] * [4] = [12].

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Let's say the disease mutates and requires a multi-day treatment. You create a new plan: Plan: [3 2 1]

That means 3 units of the cure on the first day, 2 on the second, and 1 on the third. Ok. Given the same patient schedule ( [1 2 3 4 5]), what's our medicine usage each day?

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