Question

A small business has an average income of $3,000.00 per month with a standard deviation of $250.00. If the income in a given month is $3,300.00, what z-score corresponds to this value?

Answer 1

0
1
1.2
1.5

Answer 2

z-score = (given value-mean)/standard deviation

Answer 3

given value is 3300. mean is 3000, standard deviation 250

Answer 4

so the answer is ?

Answer 5

plug the numbers into the formula I gave you