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4. jake needs to score in the top 10% in order to earn a physical fitness certificate. the class mean is 78 and the standard deviation is 5.5. what raw score does he need? z value for top 10% =1.282 how do i get the z value? what is the equation for this? raw score =mean+z*sd = 78+1.282*5.5 = 85.051
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Abank manager wants to encourage new customers to open accounts with principals of at least $2 comma 500. he decides to make a poster advertising a simple interest rate of 3%. what must the principal be if the bank manager also wants to advertise that one can earn $10 the first month? can the poster correctly say, "open an account of $2 comma 500 and earn at least $10 interest in 1 month! "?
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