0
In a certain city the mean price of a quart of milk is 63 cents and the standard deviation is 8 cents. The average price of a package of bacon is $1.80 and the standard deviation is 15 cents. If we pay $0.89 for a quart of milk and $2.19 for a package of bacon at a 24-hour convenience store, which is relatively more expensive? To answer this, we compute Z-scores for each:
The formula to calculate the z-score of a data point is: ( z = \frac{(x - \mu)}{\sigma} ), where (x) is the data point, (\mu) is the mean of the data set, and (\sigma) is the standard deviation. For example, if you have a data point of 85, a mean of 75, and a standard deviation of 5, the z-score would be ( z = \frac{(85 - 75)}{5} = 2 ). This means the data point is 2 standard deviations above the mean.
Add your answer:
Earn +20 pts
What formula weight calculation of ms rod?
The formula weight calculation of a mild steel rod (MS rod) involves adding the atomic weights of each element present in the rod. This includes the weight of iron (Fe) for the steel component and any other trace elements. The calculation typically follows the formula weight = (atomic weight of element 1 * number of atoms of element 1) + (atomic weight of element 2 * number of atoms of element 2) + ... and so on for all elements present in the rod.
What is formula of cupric sulphate?
Examples: melting point, boiling point, density.
Write the formula of unsaturated hydrocarbon.?
The general formula for unsaturated hydrocarbons is CnH2n. Examples include alkenes and alkynes.
Why does it take much time to boil water of gram than of grams using the same temperature?
The formula for the calculation of necessary heat include the mass of the material; it is very normal.
What is the Amps for 1KVA?
For a 1kVA (kilo volt-ampere) load at 120V, the amperage would be approximately 8.33A (1000VA / 120V). This calculation is based on the formula: Amps = VA / Volts.
What is the equation of closing stock?
closing stock calculation formula? closing stock calculation formula? closing stock calculation formula? yes how can i do the closing stock calculation?
Formula for the calculation of gratuity?
Excel Arrears calculation Only Formula Download Excel Arrears calculation Only Formula Download but free download Excel Arrears calculation Only Formula Download but free download not option
Another name for a standardized value of an observation in a normal distribution?
zscore
What is a mathematical calculation or operation?
Formula
Formula of sdr calculation per usd?
Formula sdr in watershed
What is a calculation used to estimate the answer to a problem before doing an actual calculation called?
A formula.
What is the veloscity calculation formula?
Displacement/time
What is a statement that performs a calculation in a spreadsheet?
A formula.
Is there a calculation to figure deadrise?
The degree is based on the design method and the area of operation. there is no fixed formula for its calculation
What are three parts of a formula?
Three parts of a formula include the equal sign to start the equation, cell references or values used in the calculation, and mathematical operators (+, -, *, /) to perform the calculation.
What is the Formula for Volume Calculation of a Solid?
It depends on the solid.
Formula for calculating death claim in life insurance?
how can you claimed formula and calculation in your life
