Santiago hope to buy a 4 horse trailer for about $12,000. describe all the numbers that when rounded to the nearest hundred are
2 answers:
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Answer:
16.35
Step-by-step explanation:
Using an inverse normal distribution, we can calculate the z score given the percentile, which can then be used to find our value.
First, we can use an inverse normal distribution calculator to figure out that the z score given the 75th percentile is 0.674.
Next, we know that the z score is (observed value - mean) / standard deviation. We can plug our values in to get
Rounding, we get x = 16.35 as our answer