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A home business has an average income of $900.00 per month with a standard deviation of $15.00 if the income given month is $930.00 what z-s
Question
A home business has an average income of $900.00 per month with a standard deviation of $15.00 if the income given month is $930.00 what z-score corresponds to this value
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Mathematics
5 years
2021-09-05T12:35:50+00:00
2021-09-05T12:35:50+00:00 1 Answers
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Answer:
Z score is a statistical that corresponds to the standarization of the regular score to a normal dsitribution
The formula for Z score is Z = [X – mean ]./ (standar deviation)
Here X = 930.00; mean = 900.00; and standard deviation = 15.00
Then, Z = [930.00 – 900.00] / 15.00 = 30.00 / 15.00 = 2.00
Answer: 2.00
Step-by-step explanation: