if the ratio of matts age to carlys age is 2/3, in ten years the ratio will be 4/5. how old is matthew?
1 answer:
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Answer:
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Step-by-step explanation:
When the distribution is normal, we use 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 question, we have that:
In millions of dollars,
Determine the sales level that has only a 3% chance of being exceeded next year.
This is the 100 - 3 = 97th percentile, which is X when Z has a pvalue of 0.97. So X when Z = 1.88.
The sales level that has only a 3% chance of being exceeded next year is $3.67 million.
Answer: There are 980 degrees of freedom for the within subjects factor.
Step-by-step explanation:
Since we have given that
Number of groups = 20
Number of participants in each group = 50
So, number of participants in 20 groups is given by
As we know that
Degrees of freedom for the within subjects factor would be
Hence, there are 980 degrees of freedom for the within subjects factor.