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marin [14]
2 years ago
5

What type of endorsement is illustrated by the following example: Tom Ash 7609-25-26-3 A) Restrictive endorsement B) Full endors

ement C) Blank endorsement D) Signature endorsement
Mathematics
1 answer:
Alex Ar [27]2 years ago
6 0

<span>The answer is letter c which is blank endorsement. It is a sign by the maker of an instrument, for instance a check, which allows any holder of the instrument to declare a claim for payment. Since no payee is stated, such an endorsement fundamentally turns the instrument into a bearer security.</span>

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2 years ago
Assume that the distribution of residuals is approximately normal with mean 0cm and standard deviation 5.9cm . What percent of t
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Answer:

8.7% of the residuals are greater than 8 cm.

Step-by-step explanation:

We are given that the distribution of residuals is approximately normal with mean 0 cm and standard deviation 5.9 cm.

<em>Let X = distribution of residuals </em>

So, X ~ N(\mu=0,\sigma^{2} = 5.9^{2})

The z score probability distribution is given by ;

           Z = \frac{X-\mu}{\sigma}  ~ N(0,1)

where, \mu = mean residual = 0 cm

            \sigma = standard deviation = 5.9 cm

The Z-score measures how many standard deviations the measure is away from the mean. After finding the Z-score, we look at the z-score table and find the p-value (area) associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X.

So, percent of the residuals that are greater than 8 cm is given by = P(X > 8 cm)

     P(X > 8 cm) = P( \frac{X-\mu}{\sigma} > \frac{8-0}{5.9} ) = P(Z > 1.36) = 1 - P(Z \leq 1.36)

                                                   = 1 - 0.9131 = 0.0869  or 8.7%

<em>The above probability is calculated using z table by looking at value of x = 1.36 in the z table which have an area of 0.9131. </em>

<em> </em>

Therefore, 8.7% of the residuals are greater than 8 cm.

8 0
2 years ago
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