The least weight of a bag in the top 5 percent of the distribution is; 246
From the complete question below, we are given;
Population mean; μ = 240
Population standard deviation; σ = 3
Z-score formula is;
z = (x' - μ)/σ
- Now, we want to find the least weight in the top 5 of the distribution and as such we will use;
1 - 0.05/2 = 0.025 as significance level
Z-score at significance level of 0.025 is 1.96
Thus;
1.96 = (x' - 240)/3
3 × 1.96 = x' - 240
x' = 240 + 5.88
x' = 245.88
Approximating to a whole number gives;
x' = 246
Complete question is;
A machine is used to fill bags with a popular brand of trail mix. The machine is calibrated so the distribution of the weights of the bags of trail mix is normal, with mean 240 grams and standard deviation 3 grams. Of the following, which is the least weight of a bag in the top 5 percent of the distribution?
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The information which can be deduced from this graph on green tea are:
B. Green tea is inelastic in terms of supply.
E. The supply of green tea does not change sharply with the price.
<h3>What is supply?</h3>
Supply can be defined as the total quantity of goods or services that are demanded by consumers at a given period of time.
<h3>The types of supply.</h3>
In Economics, there are two main types of supply and these include:
<h3>What is inelastic supply?</h3>
Inelastic supply is a situation that occurs when the quantity of goods or services that the producers are willing to produce, doesn't change as the price of goods or services increases.
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Hamilton thinks judges should be appointed permanently rather than on a periodic basis because periodic appointments would destroy a judge’s independence.
Alexander Hamilton was an American revolutionary. He was also a statesman and the Founding Father of the United States. He played a key role in promotion and interpretation of the constitution.
Permanent appointments would help to regulate more as well ensure greater independence of the judge.
Periodic appointment on the other hand would destroy a judge independence as he/she can be transferred or impeached anytime that fosters insecurity and lack of motivation to work.
Thus, permanent appointments is the only option.
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Imperialism needed two things to work, they were land and trade.
