<span>The payment plan requires him to make a down payment of $125, and then pay $72.50 each month for 6 months. The total payment would be: $125 + 6*$72.50= $125 + $435= $560
</span><span>The percent increase from the original costs would be:
($560-$500) / $500 * 100%= 12%</span>
Supposing, for the sake of illustration, that the mean is 31.2 and the std. dev. is 1.9.
This probability can be calculated by finding z-scores and their corresponding areas under the std. normal curve.
34 in - 31.2 in
The area under this curve to the left of z = -------------------- = 1.47 (for 34 in)
1.9
32 in - 31.2 in
and that to the left of 32 in is z = ---------------------- = 0.421
1.9
Know how to use a table of z-scores to find these two areas? If not, let me know and I'll go over that with you.
My TI-83 calculator provided the following result:
normalcdf(32, 34, 31.2, 1.9) = 0.267 (answer to this sample problem)
Yes. but if it has a negative sign in the front of it it is below sea level.
Actually,I believe it is the rule of 72
72/4.5 = 16 years
