Question

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?

Answer 1

the answer is 1.2

this answer was to short apparently so njsdknbvbvibvyuvb lol thank you

Answer 2

1.2

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
`z=(x-\mu)/(\sigma)`

x = 3300

`\mu = 3000`

`\sigma = 250`

Substitute teh values in teh formula

`z=(3300-3000)/(250)`

`z=1.2`

Hence z-score corresponds to this value is 1.2