Loan Amount: $13,000
Method of payment: discount basis
Amount of Interest: $625
<span>Term of loan: 1 year
Solution:
=> 13 000 + 625 (interest) = 13 625 dollars.
=> </span>13 625 dollars / 12 months = 1135.42 dollars monthly

6 0

3 years ago

Tall Club International has a requirement that women must be at least 70 inches tall. Given that women have normally distributed

Marizza181 [45]

Answer:

0.0150 = 1.50% of women satisfy that height requirement.

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean $\mu$ and standard deviation $\sigma$ , the zscore of a measure X is given by:

$Z = \frac{X - \mu}{\sigma}$

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:

$\mu = 63.7, \sigma = 2.9$