Answer:
$244.25
Step-by-step explanation:
First, the question is asking what the change in her savings account balance is each month. So, you know that you are looking for the amount that is lost each month. When it says that at the end of the year, she has payed $2,931 , what is implied is that she has spent that much over 12 months. So all that is needed to do is divide her balance change over the year by 12 to find the monthly balance change.
Answer:
Part (a) The value of Z is 0.10396. Part (b) The value of Z is 0.410008.
Step-by-step explanation:
Consider the provided information.
Part (a)
In order to find the number z such that the proportion of observations that are less than z in a standard Normal distribution is 0.5414, simply find 0.5414 in the table and search for the appropriate Z-value.
Now, observing the table it can be concluded that the value of Z is 0.10396.
Part (b)
Consider the number 65.91%
The above number can be written as 0.6591.
Now, find 0.6591 in the table and search for the appropriate Z-value.
By, observing the table it can be concluded that the value of Z is 0.410008.
Step-by-step explanation:
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