Math Problem Statement
Solution
Let's break down the problem step by step based on the provided image.
Question 2
We are given:
- Mean
- Standard deviation We need to calculate the z-scores for each of the following values:
The z-score formula is:
a. For :
b. For :
c. For :
Question 3
We are told that a family has a z-score of 1.5 and need to find their daily expense, .
Using the z-score formula and solving for : Multiplying both sides by 60:
Question 4
This question asks us to find the percentage of families spending various amounts, assuming the data is normally distributed.
To solve these, we need to find the z-scores for each threshold and use a standard normal distribution table (or a calculator) to get the corresponding percentages.
Would you like to proceed with question 4 or go into further details on any of the steps so far? Let me know if you'd like to see the distribution calculations for question 4.
Here are some related questions for further practice:
- How do you calculate the percentage of families spending less than a certain amount using the z-score?
- Can you explain how the z-score formula works in different scenarios?
- What is the relationship between standard deviation and z-scores?
- How can you interpret a positive and negative z-score in the context of daily expenses?
- What are some key properties of a normal distribution?
Tip: The area under the normal curve represents probabilities. For example, a z-score of 0.83 corresponds to the probability of spending less than $197 per day.
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Math Problem Analysis
Mathematical Concepts
Statistics
Z-scores
Normal Distribution
Formulas
Z-score calculation: Z = (X - μ) / σ
Reverse Z-score calculation: X = Z * σ + μ
Theorems
-
Suitable Grade Level
College
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