Can someone help me on this please
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Answer:
The probability that the shopkeeper's annual profit will not exceed $100,000 is 0.2090.
Step-by-step explanation:
According to the Central Limit Theorem if we have a population with mean <em>μ</em> and standard deviation <em>σ</em> and we select appropriately huge random samples (<em>n</em> ≥ 30) from the population with replacement, then the distribution of the sum of values of <em>X</em>, i.e ∑<em>X</em>, will be approximately normally distributed.
Then, the mean of the distribution of the sum of values of X is given by,
And the standard deviation of the distribution of the sum of values of X is given by,
The information provided is:
<em>μ</em> = $970
<em>σ</em> = $129
<em>n</em> = 102
Since the sample size is quite large, i.e. <em>n</em> = 102 > 30, the Central Limit Theorem can be used to approximate the distribution of the shopkeeper's annual profit.
Then,
Compute the probability that the shopkeeper's annual profit will not exceed $100,000 as follows:
*Use a <em>z</em>-table for the probability.
Thus, the probability that the shopkeeper's annual profit will not exceed $100,000 is 0.2090.
Answer:
a. 0
Step-by-step explanation:
1. To find the slope given two points, use the following formula:
2. would be the second y-value (in the second ordered pair), 2, and
would be the first y-value (in the first ordered pair), also 2.
3. Same for the x-values. is -2 and
is 4
4. Now plug in the values.
5. This equals which simplifies to 0