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The scores of students taking the ACT college entrance examination are normally distributed with a mean µ = 20.1 and a standard deviation σ = 5.8.
a) A single student is selected at random. Determine the probability that their ACT score was between 18 and 24.
b) Determine the probability that a simple random sample of 25 students would earn an average score of at least 22.
A man invest ?13500 partly in shares paying 6% at ?140 and partly in 5% at 125.If he is tolal income is 560, how much has he invested in each?
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