Answer: a) 0.84 b) 0.67 c) 1.28
Step-by-step explanation:
Using the standard normal distribution table for z-value , we have
(a) The value of would result in a 80% one-sided confidence interval :
(b) The value of would result in a 85% one-sided confidence interval :
(c) The value of would result in a 90% one-sided confidence interval :
30% of 10,000 is 3,000, so the salesperson would have sold the boat for $13,000. The difference between the auction price and dealership price is 3,000. The commission is 25% of 3,000, which is $750.
2^m=2^n take the natural log of both sides
m*ln2=n*ln2 divide both sides by ln2
m=n
Answer:
..........................................................the answer is 12.5