Consider the geometric sequence: 3, 15, 75, 375, 1875 ... 1. What is the constant ratio, r, for this sequence? 2. Use r to write
2 answers:
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Given:
mean, u = 0
standard deviation σ = 1
Let's determine the following:
(a) Probability of an outcome that is more than -1.26.
Here, we are to find: P(x > -1.26).
Apply the formula:
Thus, we have:
Using the standard normal table, we have:
NORMSDIST(-1.26) = 0.1038
Therefore, the probability of an outcome that is more than -1.26 is 0.1038
(b) Probability of an outcome that
