1. x= 11.7 μ = 7
2. z11.7= 1.3
3. Is 11.7 within a z-score of 3?
a. Yes because z11.7 < 3.
4. Which statement is true of z11.7?
b. z11.7 is between 1 and 2 standard deviations of the mean.
Answer:
You can use a calculator for the decimal operations, but practice some by hand because on the quiz and the test you will not have a calculator.
Step-by-step explanation:
Benchmark are numbers that are used as standards to which the rest of the data is compared to. When counting numbers using a number line, the benchmark numbers are the intervals written on the axis. For benchmark numbers of 10, the number line on top of the attached picture is shown. Starting from 170, the tick marks are added by 10, such that the next numbers are 180, 190, 200, and so on and so forth. When you want to find 410, just find the benchmark number 410.
The same applies to benchmark numbers in intervals of 100. If you want to find 170, used the benchmark numbers 100 and 200. Then, you estimate at which point represents 170. For 410, you base on the benchmark numbers 400 and 500.
I agree with the given answer because of the gain or loss on retirement of bonds = book value of bonds - the amount paid to the bondholders