Answer:
The average monthly expenditure is 1,155.35 $.
Step-by-step explanation:
The average of any sequency is given by the sum of it's individual parts divided by the number of parts it has. So in this case the average of monthly expenditure will be the sum of all individual expenditures divided by the number of months. The question can be solved like this:
average = (March+ April + May + June + July+ August)/6
average = (1,249.59 + 1,365.38 + 1,024.3 + 1,100.4 + 992,4 + 1,200.02)/6
average = 1,155.35 $
Answer:
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Step-by-step explanation:
<span>First we calculate z using the formula:
z = (x - μ)/σ</span>
Where:
x = our variable, 10
μ = mean, 8
σ = standard dev, 2
Substituting known
values:<span>
z = (10 - 8)/2
z = 2/2
z = 1
Using the tables of
the normal distribution to find the p-value with z = 1
p = 0.8413
Since we want
"greater than 10”, we need to subtract the probability from 1
therefore
p* = 1 - 0.8413 = <span>0.1587</span></span>
