Answer: -1.7
Step-by-step explanation:
Given : Another home business has an average income of $1.200.00 per month with a standard deviation of $100.00.
i.e.
Let x represents the monthly income.
Since .
For x= 1030 , we have
Hence, the required z-score = -1.7
Answer:
Step-by-step explanation:
<u>Step 1: Determine the median</u>
The median of a set is the middle of the set. In this instance, we have 6 numbers so we don't have a number directly in the set representing the median. Instead, we need to find the average or middle between the 3rd and 4th number. So we take 2.7 and 2.8, add them together to get 5.5 and then we divide by 2 to get 2.75 which is our median.
Answer: