The answer is 2,500
32,000 - 24,500 /3
-2x + 6 - 13x + 16
= -15x + 22
When n is small (less than 30), how does the shape of the t distribution compare to the normal distribution then"it is flatter and wider than the normal distribution."
<h3>What is normal distribution?</h3>
The normal distribution explains a symmetrical plot of data around the mean value, with the standard deviation defining the width of the curve. It is represented graphically as "bell curve."
Some key features regarding the normal distribution are-
- The normal distribution is officially known as the Gaussian distribution, but the term "normal" was coined after scientific publications in the nineteenth century demonstrated that many natural events emerged to "deviate normally" from the mean.
- The naturalist Sir Francis Galton popularized the concept of "normal variability" as the "normal curve" in his 1889 work, Natural Inheritance.
- Even though the normal distribution is a crucial statistical concept, the applications in finance are limited because financial phenomena, such as expected stock-market returns, do not fit neatly within a normal distribution.
- In fact, prices generally follow a right-skewed log-normal distribution with fatter tails.
As a result, relying as well heavily on the a bell curve when forecasting these events can yield unreliable results.
To know more about the normal distribution, here
brainly.com/question/23418254
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F(x)= 4x this is because everything is times 4
They're not equivalent.
(vertical bars) represents the absolute value of x. How it works is that it turns negative numbers positive but leaves 0 and positive numbers alone (hence it gets a number's distance from 0 on the number line).
![[x]](https://tex.z-dn.net/?f=%5Bx%5D)
(square brackets) usually represents the floor function, which returns the largest integer that is less than or equal to x. (The floor of x can also be written as 
--- it depends on what your textbook/source says).
To solve 
, you first transform it into the equivalent equation 
. Then by definition of absolute value, there are only two solutions for the first equation: x = 10 or x = -10.
[x] = 10 has infinitely many solutions. For example, the floor of 10 is 10, so ![[10] = 10](https://tex.z-dn.net/?f=%5B10%5D%20%3D%2010)
, thus a solution for the second equation is x = 10
The floor of 10.1 is 10, so ![[10.1] = 10](https://tex.z-dn.net/?f=%5B10.1%5D%20%3D%2010)
, thus another solution for the second equation is x = 10.1.
The two equations do not have the same solution set (as x = 10.1 does not solve |x| - 3 = 7 but solves [x] = 10), so they're not equivalent.
