The Ruiz family is exchanging euros for US dollars. The exchange rate is 1 euro equals 1.35261 USD. Since the Ruiz family knows
1 answer:
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Answer:
see graph of y=3/4 x-4
Step-by-step explanation:
Assuming you mean
Below is a graph of that one. The slope is 3/4 and the interception with the y axis is at y=-4. The equation is in its normal form y=ax+b with a=3/4 (slope) and b=-4 (y intercept), so no conversion needed.
You have to be careful on how you write these equations down. It might very well be that you meant:
or
However, those are more complex so I'm hoping for the first one... ;-)
Answer:
=0.1587 or 15.87%
So option A is correct answer so 15.87% of the invoices were paid within 15 days of receipt.
Step-by-step explanation:
In order to find the percent of the invoices paid within 5 days of receipt we have to find the value of Z first.
where:
X is the random varable which in our case is 15 days
u is the mean or average value which is 20 days
S is the standard deviation which is 5 days
Z=-1.0
We have to find Probability at Z less than -1
P(Z<-1.0) which can be written as:
=1-P(Z>1.0)
From Cumulative distribution table:
=1-(0.3413+0.5)
=0.1587 or 15.87%
So option A is correct answer so 15.87% of the invoices were paid within 15 days of receipt.