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Author Question: The rate of return for an investment can be described by a normal distribution with mean 27% and ... (Read 55 times)

fbq8i

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Question 1

A paint machine dispenses dye into paint cans to create different shades of paint. The amount of dye dispensed into a can is known to have a normal distribution with a mean of 5 milliliters (ml) and a standard deviation of 0.4 ml. Answer the following questions based on this information. Find the dye amount that represents the 9th percentile of the distribution.
◦ 5.536 ml
◦ 4.964 ml
◦ 4.936 ml
◦ 4.464 ml
◦ 4.836 ml

Question 2

The rate of return for an investment can be described by a normal distribution with mean 27% and standard deviation 3%. What is the probability that the rate of return for the investment will be at least 22.5%?


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Marked as best answer by fbq8i on Feb 14, 2020

hugthug12

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fbq8i

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Reply 2 on: Feb 14, 2020
Excellent


jomama

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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