closed interval on x=3 and open at x=5
for all values between these numbers, y=3
so [3,5)
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:
y = 2x + 4
Step-by-step explanation:
Two points on this line are (-2, 0) and (0, 4). Going from the first to the second, x increases by 2 (this is the 'run') and y increases by 4 ('rise').
Thus, the slope of this line is m = rise / run = 4/2 = 2
Using the slope-intercept formula, we get y = mx + b = 2x + b
Let x = -2 and y = 0 to find b: 0 = 2(-2) + b, so b = 4, and the desired equation is then:
y = 2x + 4