Answer:
The probability that the sample proportion is between 0.35 and 0.5 is 0.7895
Step-by-step explanation:
To calculate the probability that the sample proportion is between 0.35 and 0.5 we need to know the z-scores of the sample proportions 0.35 and 0.5.
z-score of the sample proportion is calculated as
z=
where
- p(s) is the sample proportion of first time customers
- p is the proportion of first time customers based on historical data
For the sample proportion 0.35:
z(0.35)=
≈ -1.035
For the sample proportion 0.5:
z(0.5)=
≈ 1.553
The probabilities for z of being smaller than these z-scores are:
P(z<z(0.35))= 0.1503
P(z<z(0.5))= 0.9398
Then the probability that the sample proportion is between 0.35 and 0.5 is
P(z(0.35)<z<z(0.5))= 0.9398 - 0.1503 =0.7895
Answer:
5
Step-by-step explanation:
Substitute 2 in for x
|2+3| = 5
This would take the absolute value of the answer, or in other words once you solve the equation it will remove any negatives to return a positive number. I took the test and I have links to prove it.
Answer:
The cutoff sales level is 10.7436 millions of dollars
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean
and standard deviation
, the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
In this problem, we have that:

15th percentile:
X when Z has a pvalue of 0.15. So X when Z = -1.047.




The cutoff sales level is 10.7436 millions of dollars
Answer:
Step-by-step explanation:
I’m pretty sure the answer is C
The ratio is 14:5, as 42 divided by 3 is 14 and 15 divided by 3 is 5.