A small business has an average income of $3,000.00 per month with a standard deviation of $250.00. If the income in a given month is $3,300.00, what z-score corresponds to this value?

Respuesta :

the answer is 1.2

this answer was to short apparently so njsdknbvbvibvyuvb lol thank you

Answer:

1.2

Step-by-step explanation:

Given : A small business has an average income of $3,000.00 per month with a standard deviation of $250.00.

To Find :  If the income in a given month is $3,300.00, what z-score corresponds to this value?

Solution:

Formula of z score [tex]z=\frac{x-\mu}{\sigma}[/tex]

x = 3300

[tex]\mu = 3000[/tex]

[tex]\sigma = 250[/tex]

Substitute teh values in teh formula

[tex]z=\frac{3300-3000}{250}[/tex]

[tex]z=1.2[/tex]

Hence  z-score corresponds to this value is 1.2

ACCESS MORE