You want to invest in companies belonging to Gispa Group of 1
Companies, Inc. so you did some research and found out that companies belonging to this group has an average gain of
0.8
percent and standard deviation of
0.7
percent. Given that a positive percent (gain) means profit and a negative percent means a loss. If you choose
20
companies, what is the probability that the companies are gaining more than
1
percent?

0.1007

Step-by-step explanation:

Given :

Average gain, μ = 0.8

Standard deviation, σ = 0.7

Number of companies, n = 20

Obtaining the standardized value ;

Zscore = (x - mean) / (σ/√n)

Zscore = (1 - 0.8) / (0.7/√20)

Zscore = (0.2 / 0.1565247)

Z = 1.27775

Using the Z probability calculator :

P(Z > 1.27775) = 0.10067

P(Z > 1.27775) = 0.1007 ( Z probability calculator)

x=-2

infinite number of lines, so there is an infinite number of equations.

step-by-step explanation:

there are an infinite number of line that passes through the point (-2,5)

x=-2   is one line that passes through the point

y = 5 is another line that passes through the point

(these two lines are perpendicular to each other).

since the number of   numbers are infinite and the slope is the ratio of two numbers,(change in y over change in x) we can have an infinite number of slopes.     our only condition is that it passes through the point (-2,5)

30

step-by-step explanation:

times by times