Answer:
1
Step-by-step explanation:
The increase would be possibly about by 100,000 dollars, but if you were to take it as a decimal as a millionth, it would go up by 10 percent.
Answer:
The minimum score of those who received C's is 67.39.
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation , the zscore 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 pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:
If 69.5 percent of the students received grades of C or better, what is the minimum score of those who received C's?
This is X when Z has a pvalue of 1-0.695 = 0.305. So it is X when Z = -0.51.
The minimum score of those who received C's is 67.39.