Suppose the sales tax rate is 5% on a $1300 tv how much is is the amount of tax?
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Answer:
Standard score z=0.07
Step-by-step explanation:
The z-score, or standard score, represents an equivalent value for X but in the standard normal distribution, where μ=0 and σ=1.
For X=28.3 in a normal distribution with μ=26.3 and σ=28.1, the standard score can be calculated as:
This value is 0.07 standard deviations right to the mean.
In the picture attached, we have located the z-score.
