Answer:
By the Empirical Rule, 99.7% of the students have grade point averages that are between 1.28 and 3.8.
Step-by-step explanation:
The Empirical Rule states that, for a normally distributed(bell-shaped) random variable:
68% of the measures are within 1 standard deviation of the mean.
95% of the measures are within 2 standard deviation of the mean.
99.7% of the measures are within 3 standard deviations of the mean.
In this problem, we have that:
Mean = 2.54
Standard deviation = 0.42.
Between 1.28 and 3.8?
1.28 = 2.54 - 3*0.42
So 1.28 is 3 standard deviations below the mean
3.8 = 2.54 + 3*0.42
So 3.8 is 3 standard deviations above the mean
By the Empirical Rule, 99.7% of the students have grade point averages that are between 1.28 and 3.8.
Answer:
The maximum revenue is $900, obtained with 30 people
Step-by-step explanation:
Naturally, the answer should be a number equal or higher than 20, because up to 20 persons, each one pays the same. Lets define a revenue function for x greater than or equal to 20.
f(x) = x*(40-(x-20)) = -x²+60x
Note that f multiplies the number of persons by how much would they pay (here, assuming that there are more than 20).
f is quadratic with negative main coefficient and its maximum value will be reached at the vertex.
The value of the x coordinate of the vertex is -b/2a = -60/-2 = 30
for x = 30, f(x) = 30*(40-(30-20))=30*30=900
So the maximum revenue is $900.
Let I am interest, r rate, t time and p principle,
l= prt
l= 5500(.115)(5 )= $3162.5 is the total amount of interest to pay.
So, to solve this, we use this equation:
3700 + 0.05(3700)
But, if we want to make it shorter:
1.05(3700)
Now you just multiply(you may want to use a calculator)
1.05(3700) = 3885
She will pay $3885