An automobile purchased for 22000 is worth 2500 after 5 years what’s the value 3 years after it is purchased
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Answer:
The answer is below
Step-by-step explanation:
a) For a normal model the sample size has to be equal or greater than 30 so that it can be a normal distribution.
b) Given that:
μ = 11.2 minutes, σ = 4.8 minutes, n = 45
The z score determines how many standard deviations the raw score is above or below the mean. It is given by:
For x < 10 minutes
Therefore from the normal distribution table, P(x < 10) = P(z < -1.68) = 0.0465