Answer:
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.
Middle 85%.
Values of X when Z has a pvalue of 0.5 - 0.85/2 = 0.075 to 0.5 + 0.85/2 = 0.925
Above the interval (8,14)
This means that when Z has a pvalue of 0.075, X = 8. So when . So
Also, when X = 14, Z has a pvalue of 0.925, so when
Replacing in the first equation
Standard deviation:
C is the answer to this question
Answer:
$15
Step-by-step explanation:
60x75%
60x0.75
45
60-45=15
Answer:
1. CI = P (1 + )^ n - P
CI = A - P
Where P is Principal
R is interest rate
n is number of years
2. a. Semi annually - four times in a year
b. Monthly - two times in a year
c. annually - once in a year
Step-by-step explanation:
1. Money is said to be lent at compound interest , when the interest has become due at certain fixed period say, one year, half year, etc.., is given not paid to money lender, but is added to sum lent . The amount thus obtained become principal for next month and this process repeat until last period .
i.e CI = Final period - Initial period
or CI = A - P
or CI = P(1+ ) ^n - P
2. (a) Semi annually
A = P (1 + )^ n × 4
(b) Monthly
A = P (1 + ) ^ n × 2
(c) Annually
A = P (1 + ) ^ n