If 1500 grows to 1950 after 5 years, find the simple interest rate
2 answers:
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The standard deviation is 1.43 below the mean
<h3>How to determine the number of standard deviation?</h3>The given parameters are:
Mean = 98.249
Standard deviation = 0.733
x = 97.2
To calculate the number of standard deviation below the mean, we use
So, we have:
Evaluate the like terms
Divide both sides by -0.733
n =1.43
Hence, the standard deviation is 1.43 below the mean
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