Math Problem Statement

The average expenses of the Dela Cruz family amount to P12,000 every half of the month with a standard deviation of P1,570. If their expenses are normally distributed, what is the probability of the family consuming less than P11,000 in half a month?

Solution

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Math Problem Analysis

Mathematical Concepts

Normal Distribution
Probability

Formulas

Z-score formula: z = (X - μ) / σ

Theorems

Properties of Normal Distribution

Suitable Grade Level

Advanced High School