Answer:
From $1600 to $3400.
Step-by-step explanation:
The Empirical Rule states that, for a normally distributed random variable:
68% of the measures are within 1 standard deviation of the mean.
95% of the measures are within 2 standard deviation of the mean.
99.7% of the measures are within 3 standard deviations of the mean.
In this problem, we have that:
Mean = 2500
Standard deviation = 300
What interval of dealer incentives would we expect approximately 99.7% of vehicles to fall within?
By the Empirical Rule, 99.7% fall within 3 standard deviations frow the mean. So
From 2500 - 3*300 = 1600 to 2500 + 3*300 = 3400.
Y = (2/3).x - 6. If y=0, then 0= (2/3).x - 6. Solve for x:
2x/3 - 6 = 0
Same denominator:
(2x - 18)/3 = 0
2x - 18 = 0
2x = 18 and x = 9 (x-coordinate)
A) I don’t know for sure but please let me know :)
Answer:
The probability of success is .12
The probability of failure is .88
According to the binomial theorem the probability of 3 success is
10! / (3! * 7!) * .12^3 * .88^7 = .085
Answer:
All payments will be made at the end of the year by using the present value of inflows
Step-by-step explanation:
Present Value Of Inflows = Cash Inflow × Present Value Of Discounting Factor (Rate%,Time Period)
Present Value Of Inflows =
+
+
+ 
Present Value Of Inflows = 125466.3