The location of the point that is 3/4 the distance from
By normal curve symmetry
<span>from normal table </span>
<span>we have z = 1.15 , z = -1.15 </span>
<span>z = (x - mean) / sigma </span>
<span>1.15 = (x - 150) / 25 </span>
<span>x = 178.75 </span>
<span>z = (x - mean) / sigma </span>
<span>-1.15 = (x - 150) / 25 </span>
<span>x = 121.25 </span>
<span>interval is (121.25 , 178.75) </span>
<span>Pr((121.25-150)/25 < x < (178.75-150)/25) </span>
<span>is about 75%</span>
The mean and median can be calculated for quantitative data only.
Answer:
The interest rate for the given investment is 18%.
Step-by-step explanation:
We are given that,
The function representing the investment model is,
.
It is required to find the interest rate for the investment.
Since, the function can be re-written as,

i.e. 
So, on comparing with the formula for compound interest i.e.
, where 'r' is the interest rate.
We have that,
The interest rate for the given investment is 0.18 i.e. 18%.
Answer:
1..75c
Step-by-step explanation: