Answer:
$12.43
Step-by-step explanation:
Given :
Mean = $8.52
Standard deviation, = $2.38
Stock price which falls beyond 0.05 of the distribution is at the 95th percentile
The 95th percentile distribution has a Pvalue of 1.645 (standard normal table)
We obtain the value of x, with z = 1.645
Using the Zscore relation :
Zscore = (score - mean) / standard deviation
1.645 = (score - 8.52) / 2.38
Cross multiply :
1.645 * 2.38 = score - 8.52
3.9151 = score - 8.52
Score = 8.52 + 3.9151
Score = $12.4351
Stock price beyond 0.05 is $12.43
Answer:
Step-by-step explanation:
Area of parallelogram = base * height
= 12 * 8
= 96 cm²
Area of parallelogram = 96
base * height = 96
base = 96/height
base = 96/16
base = 6 cm
Answer:
$0.39:1
Step-by-step explanation:
$0.39:1
Dividing the amount by the cost of the bottles.
