Answer:
The statement is False.
Step-by-step explanation:
Consider the provided information.
If a linear system has four equations and seven variables, then it must have infinitely many solutions.
We need to determine the above statement is true or false.
The above statement is false, it could be inconsistent, and therefore have no solutions,
For example:
Hence, there is no solution.
Answer:
The students have to score 0.74 standard deviations above the mean to be publicly recognized.
Step-by-step explanation:
A random variable <em>X</em> is said to have a normal distribution with parameters <em>µ</em> (mean) and <em>σ</em>² (variance).
If , then
, is a standard normal variate with mean, E (<em>Z</em>) = 0 and Var (<em>Z</em>) = 1. That is,
.
The distribution of these <em>z</em>-scores is known as the standard normal distribution.
The <em>z</em>-score is a standardized form of the raw score, <em>X</em>. It is a numerical measurement of the relationship between a value (<em>X</em>) and the mean (<em>µ</em>) in terms of the standard deviation (<em>σ</em>). A <em>z</em>-score of -1 implies that the data value is 1 standard deviation below the mean. And a <em>z</em>-score of 1 implies that the data value is 1 standard deviation above the mean.
Let <em>X</em> be defined as the scores of students at the National Financial Capability Challenge Exam.
It is provided that the students who score in the top 23% are recognized publicly for their achievement by the Department of the Treasury.
That is, P (X > x) = 0.23.
⇒
⇒
The value of <em>z</em> for this probability value is:
<em>z</em> = 0.74.
*Use a <em>z</em>-table.
Thus, the students have to score 0.74 standard deviations above the mean to be publicly recognized.
