A standard deviation is 2500 miles, so the range of 25,000 to 37,500 is 2 standard deviations below, and 3 standard deviation above the mean of 30,000.
We aren't assuming anything about the distribution, but we sort of have to assume a normal distribution in order to answer. When you don't know anything about a distribution, this is generally what you do.
The general rule for standard deviations is:
+/- 1 SD: +/- 34% of population, for a total of 68%
+/- 2 SD: Another 14% in either direction, for a total of 96% of population.
+/- 3 SD, Another 2% in either direction, which pretty much captures the entire distribution (4 standard deviations from the mean is incredibly rare/unlikely)
We have a range of +/- 1 SD, so we know that 68% percent o the tire 'population' is captured in the range. We also have one more standard deviation in both directions, so we add 28% to this number to get 96% of the population. We have a third standard deviation above the mean, so we add another 2% to arrive at 98% of the population.
Answer is 98% of all such tires.
Answer:
y-8=3/2(x+4)
Step-by-step explanation:
y-y1=m(x-x1)
y-8=3/2(x-(-4))
y-8=3/2(x+4)
Answer:
<em>36000</em>
Step-by-step explanation:
Given the following
Principal = 60,000
Rate = 15%
Time = 4years
Using the simple interest formula
SI = PRT/100
SI = 60000*15*4/100
SI = 600 * 60
SI = 36,000
<em>Hence the interest paid after 4 years is 36000</em>
First, set up the equation.
365x + 125 = 250x + 175
Second, combine like terms on the same side by subtracting 250x and 125 from both sides.
365x +125 = 250x + 175
-250x -125 -250x -125
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115x = 50
Third, divide both sides by 115 to solve for x.
115x = 50
---- ----
115 115
Fourth, simplify.
x=50/115=10/23 or 0.435
