Answer:
A
Step-by-step explanation:
Answer:
(3,-1)
Step-by-step explanation:
Answer:
If using simple interest, the formula is:
= Amount * ( 1 + rate * time)
= 20,000 * ( 1 + 4% * 5)
= $24,000
Interest = Balance after 5 years - Investment
= 24,000 - 20,000
= $4,000
Using Compound Interest:
= Amount * ( 1 + rate)^time
= 20,000 * ( 1 + 4%)⁵
= $24,333.06
Interest = 24,333.06 - 20,000
= $4,333.06
The normal distribution curve for the problem is shown below
We need to standardise the value X=405.5 by using the formula


We now need to find the probability of z=0.32 by reading the z-table
Note that z-table would give the reading to the left of z-score, so if your aim is to work out the area to the right of a z-score, then you'd need to do:

from the z-table, the reading

gives 0.6255
hence,

The probability that the mean weight for a sample of 40 trout exceeds 405.5 gram is 0.3475 = 34.75%