The average annual inflation rate in the United States over the past 98 years is 3.37% and has a standard deviation of approximately 5% (Inflationdata). In 1980, the inflation rate was above 13%. If the annual inflation rate is normally distributed, what is the probability that inflation will be above 13% next year

2.68% probability that inflation will be above 13% next year

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean and standard deviation , the zscore of a measure X is given by:

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

If the annual inflation rate is normally distributed, what is the probability that inflation will be above 13% next year

This is the pvalue of Z when X = 13. So

has a pvalue of 0.9732

1 - 0.9732 = 0.0268

2.68% probability that inflation will be above 13% next year

answer: procent 54 wynosi 33,33%

the smallest possible measurement of the width is 14 feet

step-by-step explanation:

let's assume length of parallelogram is 'l'

width of parallelogram is 'w'

the perimeter of a parallelogram must be no less than 40 feet

so, we get

we are given

length of parallelogram is 6 feet

so,

l=6

we can plug it

now, we can solve for w

subtract both sides by 12

divide both sides by 2

and we get

so,

the smallest possible measurement of the width is 14 feet