I am using a Casio Classwiz calculator which can give you the corresponding z value for any probability. You go to MENU, then 7-Distribution, then 3-Inverse Normal
i don't understand why for q2 part c) we stop solving at 11231. profit = revenue - costs, we calculate revenue and not the profit. because we didn't subtract the costs of production per each length.
love your pace and accuracy my friend. Fast and Precise is very engaging and easy to learn from. Thank you
Thank you for the kind words. Glad you liked it.
thank you
thank you this helped a lot in explaining normal distributions
Glad it helped!
Thanks a lot, very helpful explanations to aid my practice!
Glad you found it useful.
All the best in your exams.
I don't understand how you got the -1.9599... in question 2a 4:53, you said you used the calculator but how???
I am using a Casio Classwiz calculator which can give you the corresponding z value for any probability. You go to MENU, then 7-Distribution, then 3-Inverse Normal
Maybe you’ll find this video useful:
ruclips.net/video/K8tsVCW3sy8/видео.htmlsi=2ZCAaFZ_ScxKdMbq
@@StateOfMath Got it, thank you!
i don't understand why for q2 part c) we stop solving at 11231. profit = revenue - costs, we calculate revenue and not the profit. because we didn't subtract the costs of production per each length.
Hi there. That's what we did. At the end of the line where we calculate the expected profit there is a minus 20 which is the cost.
Thank you sir!
Glad you found it helpful!