Let x be a random variable representing the price of a Congo-imported black diamond. Let the higher price be p. Then,
P(x < p) = P(x < (p - mean)/sd) = P(x < (p - 60,430)/21,958.08) = P(z < 2)
Therefore,
(p - 60,430)/21,958.08 = 2
p - 60,430 = 2 x 21,958.08 = 43,916.16
p = 34,916.16 + 60,430 = 104.346.16
Therefore, The required price is $104,346.16
Answer:I'll explain this to you, It's a chart with lined down margin math equation.
Step-by-step explanation:
So the first up/down line margin is X*X, the second is X numbers, third is x^x numbers, fourth is explain the left to right's math solutions into words. Just imply your following numbers into X's and onto your chart. Hopefully this helps.
I'm tentatively changing my answer to say this kind of relies on practical knowledge of how stores tend to operate. If 20 coupons are given out, the store has sold all 500 shirts, arguably at a loss to the retailer. They have to have more shirts in stock to be sold at full price because, well, that's how they make money. It's more likely that such a store would carry more than just 500 shirts at the start of each day, so A is (probably) wrong.
