What is the area of a workshop that is 4 yards wide and 5
1 answer:
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Given, To make a strawberry shortcake for one person, we need :
▪︎ cup of strawberry
▪︎one shortbread biscuit
Quantity of strawberries Elisa has = 3 cups
Number of shortbread biscuits she has = 12
Number of shortcakes she can make :
Thus, Elisa can serve strawberry shortcakes to 9 people.
With 12 dozen shortbread biscuits she can serve 12 people.
Quantity of strawberries needed to serve 12 people :
▪︎Elisa can serve strawberry shortcakes to <u>9 people</u>.
▪︎Elisa will need <u>4 cups of strawberries</u> if she wants to use all dozen shortbread biscuits.
Answer:
0.0228 = 2.28% probability that a randomly selected firm will earn more than Arc did last year
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean and standard deviation
, the z-score 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 p-value, we get the probability that the value of the measure is greater than X.
Suppose the mean income of firms in the same industry as Arc for a year is 45 million dollars with a standard deviation of 7 million dollars
This means that
What is the probability that a randomly selected firm will earn more than Arc did last year?
Arc earned 59 million, so this is 1 subtracted by the pvalue of Z when X = 59.
has a pvalue of 0.9772
1 - 0.9772 = 0.0228
0.0228 = 2.28% probability that a randomly selected firm will earn more than Arc did last year