Answer: $181,500
Step-by-step explanation:
If amount paid for house and one acre of land = 165,000
Then, additional acre of land is 4.3 acres- 1 acre of land purchased with the house = 3.3 acres of land
If additional acre goes for 5,000 per acre
1 acre = 5,000
3.3 acres = 5,000 x 3.3 = $16,500
Total amount paid for the land and the land
= cost of house and land + cost of additional 3.3 acres of land
= 165,000 + 16,500
= $181,500
Answer:
<u>The correct answer is that a student have to score 1.41 standard deviations above the mean to be publicly recognized.</u>
Step-by-step explanation:
For answering the question, we don't know the score mean of the National Financial Capability Challenge Exam and neither the population or number of students who take the exam. The only information provided is that the public recognition in this normal distribution is only for students that scores in the top 8%. In other words for students above 92% of the population.
With this information, we can go to a Z Score Table and check that for being on the top 8% (above the 92% of any population), your result must be 1.405 standard deviations above the mean.
<u>Rounding the answer to 2 decimal places, it's 1.41 standard deviations above the mean.</u>