How much money must you pay into an account at the beginning of each of 20 years in order to have $10,000 at the end of the 20th
1 answer:
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Answer:
56 total units
Step-by-step explanation:
Here is what the plane would look like if the figure and points were drawn.
Correct Answer:
Option A. 0.01
Solution:
This is a problem of statistics and uses the concept of normal distributions. We need to convert the score of 90 into z-score and then find the desired probability from standard normal distribution table.
Converting 90 to z-score:
Now we are to find the probability of z score being more than 2.33. From the z-table the probability comes out to be 0.01.
Therefore, we can conclude that the probability of class average is greater than 90 is 0.01.
Option A. 0.01
Solution:
This is a problem of statistics and uses the concept of normal distributions. We need to convert the score of 90 into z-score and then find the desired probability from standard normal distribution table.
Converting 90 to z-score:
Now we are to find the probability of z score being more than 2.33. From the z-table the probability comes out to be 0.01.
Therefore, we can conclude that the probability of class average is greater than 90 is 0.01.