0.84% of the graduates will receive the tax break
Problems of normally distributed samples can be solved using the z-score formula.
In a set with mean and standard deviation , the z-score of a measure X is given by:
Z = x - μ / σ
Z-scores are used to measure how far a measure is from the mean. We find the p-value associated with this Z-score by looking at the z-score table after finding the Z-score. The p-value represents the probability that the measure is smaller than X, which is the percentile of X. The probability of the measure being greater than X is calculated by subtracting 1 from the pvalue.
μ = $55,000 σ = $6,000
This is the pvalue of Z when X = $39,600. So
z = 39600 - 55000 / 6000
z = -2.5
z = -2.5 has a o value of 0.0084
0.84% of the graduates will receive the tax break.
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Answer:
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40,08791209</em></h3>
Step-by-step explanation:
Answer:
b
Step-by-step explanation:
Answer:
x≥−8
Step-by-step explanation:
Step 1: Simplify both sides of the inequality.
−4x−6≤26
Step 2: Add 6 to both sides.
−4x−6+6≤26+6
−4x≤32
Step 3: Divide both sides by -4.
−4x/−4 ≤ 32/−4
x≥−8
Answer: $1000
Step-by-step explanation:
Annual demand (D) = 8000
Cost per order (S) = $1000
Cost per unit to print = $8 per book
Storage cost = $2 per book per year
The minimum total cost can be found thus :
√(2 × D × S) / storage cost * cost per unit
√(2 × 8000 × 1000) / (2 * 8)
√ (16,000,000 / 16
√ (1,000,000
= 1000
Hence , minimum total cost $1000