(a) For E based on d, the equation is E = 6500 - 50d
(b) After 30 days, the remaining excess will be 5000.
We start with the following information:
p = probability = 0.12<span>
n = total number of students = 39 </span>
x = number of left-handers = 5<span>
u = mean = p * n = 4.68
σ = standard deviation = √(n*p*(1-p)) = √(39 * 0.12 * 0.88) =
2.03</span>
Finding the z score:
z = (x – u) / σ
<span>
z = (5 – 4.68) / 2.03
</span>
z
= 0.1576 = 0.16
<span>
</span>Applying standard tables for z gives the p value as:
p value = 0.5636 = 56.36%
Consequently, there is a 56.36% probability.
