Answer:
Probability that their mean credit card balance is less than $2500 is 0.0073.
Step-by-step explanation:
We are given that a bank auditor claims that credit card balances are normally distributed, with a mean of $3570 and a standard deviation of $980.
You randomly select 5 credit card holders.
Let<em> </em>
<em> = </em><u><em>sample mean credit card balance</em></u>
The z score probability distribution for sample mean is given by;
Z =
~ N(0,1)
where,
= population mean credit card balance = $3570
= standard deviation = $980
n = sample of credit card holders = 5
Now, the probability that their mean credit card balance is less than $2500 is given by = P(
<em> </em>< $2500)
P(
<em> </em>< $2500) = P(
<
) = P(Z < -2.44) = 1 - P(Z
2.44)
= 1 - 0.9927 = 0.0073
The above probability is calculated by looking at the value of x = 2.44 in the z table which has an area of 0.9927.
Therefore, probability that their mean credit card balance is less than $2500 is 0.0073.
Answer:
C
Step-by-step explanation:
Since the polynomial is of 3rd degree, it has 3 solutions. The possibilities are 3 real solutions or 1 real solution and 2 imaginary solutions.
Therefore, C is the correct answer
Answer:1 2/5
Step-by-step explanation:
8 1/5 = 41/5
6 4/5 = 34/5
41/5 - 34/5 = 7/5 which is the same as 1 2/5
Answer:
21
Step-by-step explanation:
3^2=9
9+12=21
Keep it up
Answer:
Step-by-step explanation: