Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A video game company sells an average of 132 games a month per store, with a standard deviation of 9 games. The company is

image text in transcribed

A video game company sells an average of 132 games a month per store, with a standard deviation of 9 games. The company is looking to reward stores that are selling in the top 7%. How many video games must a store sell in order to b eligible for a reward if the company is only looking at 36 of their stores. Use the z-table below: Z 0.00 0.01 0.02 0.03 0.04 0.05 0.09 0.06 0.07 0.08 1.1 0.864 0.867 0.869 0.871 0.873 0.875 0.877 0.879 0.881 0.883 1.2 0.885 0.887 0.889 0.891 0.893 0.894 0.896 0.898 0.900 0.901 1.3 0.903 0.905 0.907 0.908 0.910 0.911 0.913 0.915 0.916 0.918 1.4 0.919 0.921 0.922 0.924 0.925 0.926 0.928 0.929 0.931 0.932 1.5 0.933 0.934 0.936 0.937 0.938 0.939 0.941 0.942 0.943 0.944 1.6 0.945 0.946 0.947 0.948 0.949 0.951 0.952 0.953 0.954 0.954 Round the z-score and to two decimal places. Round up to the nearest whole number. Provide your answer below: z-score= 0- X games X = games

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Forecasting Time Series And Regression

Authors: Bruce L. Bowerman, Richard O'Connell, Anne Koehler

4th Edition

0534409776, 9780534409777

More Books

Students also viewed these Mathematics questions

Question

what is the public company accounting oversight board

Answered: 1 week ago

Question

Define a promissory note and identify the two parties involved.

Answered: 1 week ago

Question

How do you determine the maturity date of a note?

Answered: 1 week ago