Answer:IS B OR D BUT I SAY D
Step-by-step explanation:
The answer is 503.39
Hope this helps
Answer:
$12.43
Step-by-step explanation:
Given :
Mean = $8.52
Standard deviation, = $2.38
Stock price which falls beyond 0.05 of the distribution is at the 95th percentile
The 95th percentile distribution has a Pvalue of 1.645 (standard normal table)
We obtain the value of x, with z = 1.645
Using the Zscore relation :
Zscore = (score - mean) / standard deviation
1.645 = (score - 8.52) / 2.38
Cross multiply :
1.645 * 2.38 = score - 8.52
3.9151 = score - 8.52
Score = 8.52 + 3.9151
Score = $12.4351
Stock price beyond 0.05 is $12.43
Slope-intercept form:
y=mx+b
m=slope
b=y-intercept
We have this line: y=9x+3; a line parallel to this line (y=9x+3) will have the same slope; therefore m would be equal to 9 (m=9).
Data:
m=9
b=-2
y=mx+b
y=9x-2
Answer: y=9x-2
