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:
67/5 = 13 2/5
Step-by-step explanation:
Step 1: <u>Define/explain.</u>
An easier way to solve this is by changing the mixed fractions to improper fractions.
To do this, multiply the whole number by the denominator, then add the product to the numerator; the denominator remains the same.
Mixed fraction - a fraction with a whole number.
Improper fraction - a fraction with a numerator larger than the denominator.
Step 2: <u>Solve.</u>


From here, add as usual.

Step 3: <u>Conclude.</u>
You can change the improper fraction to a mixed fraction if you'd like.
To do this, divide the numerator by the denominator.
The amount of times the numerator evenly goes into the denominator is the whole number.
The amount of remaining numbers in the denominator.
The numerator remains the same.

I, therefore, believe the answer to this is 13 2/5.
$52.16
30% of 69 is 20.7.
69-20.7= $43.30
8% of 43.3 is 3.864.
43.3+3.864= $52.164
round down due to the 4.
$52.16
I think there is more to the question, but the equation to solve for the number of months until Rita has enough money to put a down payment for a condominium is 15,000=8,000+850X