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Artyom0805 [142]
3 years ago
9

The incomes of trainees at a local mill are normally distributed with a mean of $1,100 and a standard deviation $150. what perce

ntage of trainees earn less than $900 a month?
Business
1 answer:
FinnZ [79.3K]3 years ago
8 0
In this problem we are given the mean of $1100, SD of $150 and x equal to $900. In this case, we need to use the z-score table to answer the problem: 
z = (x-mean)/sd
z = (900-1100)/150
z = -1.33
from z-table, the probability at the left of z= -1.33 is equal to 9.18%
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5 0
3 years ago
What two accounting equalities must be maintained in transaction analysis?
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Two accounting equalities to maintain in transaction analysis are Assets and Liabilities + Equity.

One key element of performing accounting transaction analysis is ensuring that the accounting equation is balanced. This means that for every debit account entry, you must have a credit account entry of the same amount.

This accounting equation works as-

Assets = Liabilities + Equity

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4 0
2 years ago
Tara Westmont, the proprietor of Tiptoe Shoes, had annual revenues of $185,000, expenses of $103,700, and withdrew $18,000 from
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Answer:

Explanation:

The closing entry of the income summary account is shown below:

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The retained earning balance is calculated by taking a difference between:

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The income summary should always be closed after closing of revenue and expenditure account.

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3 years ago
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