-0.72 because u can’t write a check and u don’t have the funds
1999 Team won - 15
2000 Team won - 18
2001 Team won - 20
Refer to the diagram shown below.
The value of z that yields the expected central area takes into account the excluded areas at both tails.
Half the tail area is α/2 = 0.08/2 = 0.04.
The central area is 1 - 0.04 - 0.04 = 0.92.
From standard normal tables, obtain
z(α/2) = 1.75
Answer: 1.75
For this case we have the following function:
To find the maximum of the function, what we should do is to derive the equation.
We have then:
We match zero:
We clear the value of x:
We substitute the value of x in the function to find the maximum:
Rewriting:
Answer:
a formula in terms of a for the maximum of f (x) is: