A person invested 3,900 in an account growing at a rate allowing the money to double every 7 years. How much money would be in t
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Answer:
D. 54,900
Step-by-step explanation:
We have been given that the salary of teachers in a particular school district is normally distributed with a mean of $50,000 and a standard deviation of $2,500.
To solve our given problem, we need to find the sample score using z-score formula and normal distribution table.
First of all, we will find z-score corresponding to probability using normal distribution table.
From normal distribution table, we get z-score corresponding is .
Now, we will use z-score formula to find sample score as:
, where,
= Z-score,
= Sample score,
= Mean,
= Standard deviation
Therefore, the salary of $54900 divides the teachers into one group that gets a raise and one that doesn't.