How much larger is 6.3 x 10^6 than 4.9 x 10^4 ?
1 answer:
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Answer:
a) P(Y > 76) = 0.0122
b) i) P(both of them will be more than 76 inches tall) = 0.00015
ii) P(Y > 76) = 0.0007
Step-by-step explanation:
Given - The heights of men in a certain population follow a normal distribution with mean 69.7 inches and standard deviation 2.8 inches.
To find - (a) If a man is chosen at random from the population, find
the probability that he will be more than 76 inches tall.
(b) If two men are chosen at random from the population, find
the probability that
(i) both of them will be more than 76 inches tall;
(ii) their mean height will be more than 76 inches.
Proof -
a)
P(Y > 76) = P(Y - mean > 76 - mean)
= P( ) >
)
= P(Z > )
= P(Z > )
= P(Z > 2.25)
= 1 - P(Z ≤ 2.25)
= 0.0122
⇒P(Y > 76) = 0.0122
b)
(i)
P(both of them will be more than 76 inches tall) = (0.0122)²
= 0.00015
⇒P(both of them will be more than 76 inches tall) = 0.00015
(ii)
Given that,
Mean = 69.7,
= 1.979899,
Now,
P(Y > 76) = P(Y - mean > 76 - mean)
= P( )) >
)
= P(Z > )
= P(Z > ))
= P(Z > 3.182)
= 1 - P(Z ≤ 3.182)
= 0.0007
⇒P(Y > 76) = 0.0007
Answer:
- $855,000
- Dividend per share of common stock = $1.06
Step-by-step explanation:
1. Preferred Share dividends.
There are 300,000 preference shares and each of them got $2.85. Total dividends are;
= 300,000 * 2.85
= $855,000
2. Total dividends = $3,500,000
Dividends left for Common Shareholders (preference gets paid first)
= 3,500,000 - 855,000
= $2,645,000
Common shares number 2,500,000
Dividend per share of common stock =
= $1.06