When the population mean and standard deviation are known, you use the standard normal distribution
<h3>How to determine the distribution?</h3>
There are several probability distributions; these include
- Normal distribution
- Poisson distribution
- Chi square distribution
- Binomial distribution
- Etc
Of all these distribution, only the standard normal distribution can be used when the population mean and standard deviation are known,
Note that it is also referred to as the z-distribution
Read more about probability distributions at:
brainly.com/question/24756209
Answer:
(4%) ... $8200
Step-by-step explanation:
x + y = 15000
.04x + .032y = 545.60
y = 15000 - x
.04x + .032(15000 - x) = 545.60
.008x = 65.6
x=8200
A quick and easy way to do this particular question is to think all of these numbers are close to 1/2 except 2/31. So, the lowest is 2/31.
H O P E T H I S H E L P S!