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NeTakaya
3 years ago
12

John’s bank account increased in value from last year to those year by 8% to $250. If the account increases by the same percenta

ge over the next year, what will be the value next year?
Mathematics
1 answer:
inessss [21]3 years ago
4 0

Answer:

$270

Step-by-step explanation:

We are given;

  • The rate of increase is 8%
  • The new amount is $250

We need to determine the value in the next year with the same rate of increase;

Therefore;

250% = 100%

New amount = 100 + 8 = 108%

Therefore;

New amount = (250 × 108)÷ 100

                      = $270

Therefore, the value in the next year is $270

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4 years ago
IQ scores on the WAIS test approximate a normal curve with a mean of 100 and a standard deviation of 15. What IQ score is identi
riadik2000 [5.3K]

Answer:

IQ scores of at least 130.81 are identified with the upper 2%.

Step-by-step explanation:

Normal Probability Distribution:

Problems of normal distributions can be solved using the z-score formula.

In a set with mean \mu and standard deviation \sigma, the z-score 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 p-value, we get the probability that the value of the measure is greater than X.

Mean of 100 and a standard deviation of 15.

This means that \mu = 100, \sigma = 15

What IQ score is identified with the upper 2%?

IQ scores of at least the 100 - 2 = 98th percentile, which is X when Z has a p-value of 0.98, so X when Z = 2.054.

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

2.054 = \frac{X - 100}{15}

X - 100 = 15*2.054

X = 130.81

IQ scores of at least 130.81 are identified with the upper 2%.

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3 years ago
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4.6

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2.14

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3 years ago
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1. B
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hope this helped
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Read 2 more answers
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