Find simple interest on #1200 for 3 years at 4.25% per anum
1 answer:
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Answer:
Upper P60 = 212.8
Step-by-step explanation:
Problems of normally distributed samples are solved using 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 problem, we have that:
Find Upper P 60, the score which separates the lower 60% from the top 40%.
This is the value of X when Z has a pvalue of 0.6. So it is X when Z = 0.255.
Upper P60 = 212.8
Step-by-step explanation:
Given
To get g(x), we will have to integrate g'(x)
If g(1) = 0, this means at x = 1, g(x) = 0
0 = -1⁻¹ + C
C= 1
Substitute C = 1 into the function
g(x) = -x⁻¹ + 1
If g(2) = 0, this means at x = 2, g(x) = 0
0 = -2⁻¹ + C
C= 2⁻¹
C = 1/2
Substitute C = 2 into the function
g(x) = -x⁻¹ + 1/2