Answer:
The score that cuts off the bottom 2.5% is 48.93.
Step-by-step explanation:
When the distribution is normal, we use the z-score formula.
In a set with mean 
and standard deviation 
, the zscore of a measure X is given by:
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 pvalue, we get the probability that the value of the measure is greater than X.
In this question, we have that:
What is the score that cuts off the bottom 2.5%
This is X when Z has a pvalue of 0.025, so X when Z = -1.96.
The score that cuts off the bottom 2.5% is 48.93.
<u>Answer</u>:
The female would pay $322.00 less for a policy of $25,000
<u>Step-by-step explanation:</u>
Since we have given that
Amount for policy = $25000
If she opt for 20 year life insurance at $2.90 per $1000.
so, her amount of premium becomes
=$72.50
If she opt for straight life insurance at $15.78 per $1000,
Then, her amount of premium becomes
= $394.50
Difference between them is given by
$394.50-$72.5 = $322.00
The markdown rate is 66.7%.
<h3>Markdown rate</h3>
Using this formula
Markdown rate= Change in price/original price×100
Let plug in the formula
Markdown rate=$1.50-$0.50/$1.50
Markdown rate=$1.00/$1.50×100
Markdown rate=66.66%
Markdown rate=66.7% (Approximately)
Inconclusion the markdown rate is 66.7%.
Learn more about markdown rate here:brainly.com/question/1153322
In three years the Marlin's truck is worth 13,440$
To find percentage of a number, multiple it with in 0. Of the number.
Example: 28,000 ×. 48
That equals 13,440
So 48% of 28,000 is 13,440
