What is the final amount if 1584 is decreased by 18% followed by a 19% increase?
1 answer:
You might be interested in
Answer:
[34,54]
Step-by-step explanation:
-The empirical rule states that the 95% of the sampled observations will fall within two standard deviations of the mean for a normally distributed population.
Where:
- 68% is the first standard deviation
- 95% is the second standard deviation about the mean
- 99.7% is the 3rd standard deviation about the mean.
-Therefore. the middle 95% interval is calculated as:
Hence, the interval is [34,54]