A motorcycle bought for $10,000 depreciates continuously at 9% per annum. What is its value after 7 years?
1 answer:
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Answer:
a. z-score for the number of sags for this transformer is ≈ 1.57 . The number of sags found in this transformer is within the highest 6% of the number of sags found in the transformers.
b. z-score for the number of swells for this transformer is ≈ -3.36. The number of swells found in the transformer is extremely low and within the lowest 1%
Step-by-step explanation:
z score of sags and swells of a randomly selected transformer can be calculated using the equation
z= where
- X is the number of sags/swells found
- M is the mean number of sags/swells
- s is the standard deviation
z-score for the number of sags for this transformer is:
z= ≈ 1.57
the number of sags found in the transformer is within the highest 6% of the number of sags found in the transformers.
z-score for the number of swells for this transformer is:
z= ≈ -3.36
the number of swells found in the transformer is extremely low and within the lowest 1%