6.2.75
We have to obtain z score which has area 0.975 to its right.
We are given that,
where a is the required z score.
Therefore, value of a is -1.96. (Answer)
these two questions im having trouble on. Provides the tables for both M 6.2.75 се Use...
VI HW Score: 23.53%, 4 of 17 pts 25.3.9 Question Help se the standard normal table to find the 2-score that corresponds to the given percentile. If the area is not in the table, use the entry closest to the area. If the area is hallway between two entries, use the score halay between the corresponding 2-cores. If convenient, use technology to find the score P20 Click to view page 1 of the title Click to view. 2 of the...
Problem 7 Question Help * David Polston prints up T-shirts to be sold at local concerts. The T-shirts sell for $24.20 each but cost David only $8.90 each. However, because the T-shirts have concert-specific information on them, David can sell a leftover shirt for only $1.00. Suppose the demand for shirts can be approximated with a normal distribution and the mean demand is 380 shirts, with a standard deviation of 65. Click the icon to view the normal probability table...
Suppose a random sample of size 15 is taken from a normal population with mean 25 and standard deviation 5; and a second, independent random sample of size 21 is taken from a normal population with mean 10 and standard deviation 4. Find the probability P(X- X2 2 17). (Use Appendix Table 3. Give your answer to four decimal places.) p(7. - 12 2 17) = 1.282 Incorrect Table In Standard Normal Distribution Cumulative Probabilities Let 2 be a standard...
z .09 .08 .07 .06 .05 .04 .03 .02 .01 .00 z -3.4 0.0002 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 0.0003 -3.4 -3.3 0.0003 0.0004 0.0004 0.0004 0.0004 0.0004 0.0004 0.0005 0.0005 0.0005 -3.3 -3.2 0.0005 0.0005 0.0005 0.0006 0.0006 0.0006 0.0006 0.0006 0.0007 0.0007 -3.2 -3.1 0.0007 0.0007 0.0008 0.0008 0.0008 0.0008 0.0009 0.0009 0.0009 0.0010 -3.1 -3.0 0.0010 0.0010 0.0011 0.0011 0.0011 0.0012 0.0012 0.0013 0.0013 0.0013 -3.0 -2.9 0.0014 0.0014 0.0015 0.0015 0.0016 0.0016 0.0017 ...
please help me answer this, thank you! In an advertising campaign, a snack company claimed that every 18-ounce bag of its cookies contained at least 1000 chocolate chips. Two statisticians attempted to verify the claim. The accompanying data represent the number of chips in an 18 ounce bag of the company's cookies based on their study. Complete parts through (e) Click here to view the chocolate chip data table Click here to view the standard normal distribution table (page 1)....
Question 3 (9 marks) Consider the following information about a non-dividend paying stock: The current stock price is $36, and its return standard deviation is 30% per year. The continuous compound risk-free rate is 3% per year. Assume that the Black-Scholes model correctly prices all the options written on the stock given the information above. a). A call option written on the stock expires in 1 year and has an exercise price of $36. Calculate the Black-Scholes value of the...
A television sports commentator wants to estimate the proportion of citizens who follow professional football." Complete parts (a) through (c). Click here to view the standard normal distribution table (page 1) Click here to view the standard normal distribution table (page 2). (a) What sample size should be obtained if he wants to be within 4 percentage points with 95% confidence if he uses an estimate of 54% obtained from a poll? The sample size is (Round up to the...
A survey of 2317 adults in a certain large country aged 18 and older conducted by a reputable polling organization found that 401 have donated blood in the past two years. Complete parts (a) through (c) below. Click here to view the standard normal distribution table (page 1). Click here to view the standard normal distribution table (page 2). (a) Obtain a point estimate for the population proportion of adults in the country aged 18 and older who have donated...
A random sample of 1021 adults in a certain large country was asked "Do you prosty much think televisions are a necessity or a luxury you could do wthout of the 1021 adults surveyed, 638 indicated that televisions are a ury they could do without Complete parts() through ( below Click here to view the standard formal distribution table lage 11 Cick here to view the standard normal distribution table page 21 (a) Obtain a point estimate for the population...
A random sample of 20 chocolate energy bars of a certain brand has, on average, 210 calories per bar, with a standard deviation of 15 calories. Construct a 99% confidence interval for the true mean calorie content of this brand of energy bar. Assume that the distribution of the calorie content is approximately normal. Click here to view page 1 of the standard normal distribution table. Click here to view page 2 of the standard normal distribution table. Click here...