Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Q1: The 222 students enrolled in onlinelearning courses offered by a college ranged from 18 to 64 years of age. The mean age was 28

Q1: The 222 students enrolled in onlinelearning courses offered by a college ranged from 18 to 64 years of age. The mean age was 28 with standard deviation equal to 4. Use the 689599.7 rule to answer the following questions:

  • Compute the percentage of students that are between 24 and 32 years old. Show your work.
  • Compute the percentage of students that are older than 36 years. Show your work.

Q2: Monthly sale figures for a particular eretailer tend to be normally distributed with mean equal to 150 thousand dollars and a standard deviation of 35 thousand dollars. Use the normal distribution to determine the top 1% monthly sale figure (a.k.a. 99th percentile)? Show your work.

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

Mathematical Applications for the Management Life and Social Sciences

Authors: Ronald J. Harshbarger, James J. Reynolds

11th edition

9781337032247, 9781305465183, 1305108043, 1337032247, 1305465180, 978-1305108042

More Books

Students also viewed these Mathematics questions