Jocelyn is going to invest $610 and leave it in an account for 12 years. Assuming the interest is compounded continuously, what
2 answers:
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Answer:
0.0062
Step-by-step explanation:
Given that:
Mean (μ) = 72 inches, Standard deviation (σ) = 1.2 inches.
The z score is a measure in statistics is used to determine by how many standard deviation the raw score is above or below the mean. If the raw score is above the mean, the z score is positive and if the raw score is below the mean, the z score is negative.
The z score is given as:
For Clydesdale is greater than 75 inches tall, x = 75 inches, the z score is:
The probability that a Clydesdale is greater than 75 inches tall = P(X > 75) = P(Z > 2.5) = 1 - P(Z < 2.5) = 1 - 0.9938 = 0.0062 = 0.62%
The probability that a Clydesdale is greater than 75 inches tall is 0.62%