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kodGreya [7K]
3 years ago
9

A random variable is normally distributed with a mean of 25 and a standard deviation of 5. if an observation is randomly selecte

d from the distribution, determine two values of which the smallest has 25% of the values below it and the largest has 25% of the values above it.
Mathematics
1 answer:
Naddika [18.5K]3 years ago
7 0
<span>A random variable is normally distributed with a mean of 25 and a standard deviation of 5. if an observation is randomly selected from the distribution, determine two values of which the smallest has 25% of the values below it and the largest has 25% of the values above it.</span>
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Answer:

Simple: 6000

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Step-by-step explanation:

Simple interest formula: A = P(1+rt), where A = final amount, P = initial amount, r = rate, and t = time. Plug our values in to get

A = 5000(1+10% * 2)

convert 10% to a decimal by dividing by 100 and plug that in

10% = 0.1

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Compound interest formula: A = P(1+r)^t

Plug our values in

5000(1+0.1)^2 = 6050

Difference = 6050 - 6000 = 50

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