Answer:
87.08% percentage of families spend more than $4000 annually on food and drink
Step-by-step explanation:
Given -
average annual expenditure on food and drink for all families is $5700
Mean = 5700
standard deviation = 1500
Let X be the no of families spend annually on food and drink
percentage of families spend more than $4000 annually on food and drink =
=
= Using
= 1 -
= 1 - .1292
= .8708
= 87.08%
Answer and Step-by-step explanation:
You got everything correct so far except for #4.
4. Yes, it is 1. But it would be in months.
So you would put:
1 month = x
12 months = 1 year.
Since the population increases by 1.5 times a <em>month.</em>
For question number 3.
The equation should be:
<- Function
<- Function when x is 12 months (1 year)
(Put those both the same way I put it.)
It gives you the equation to work with, you just have to plug in the values.
1.5 is in the parenthesis because it needs to be the one that is raised by an exponent.
100 is the initial population, so it stays on the outside.
x is the exponent