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Anne thought about gifting her niece with books, but books are expensive

and she only had ₱5000. Consider a normal distribution with a mean of
₱250, and a standard deviation of ₱50. How many books will Anne buy if
there are only 3000 books there in the bookshop? Find:

a. The z-score of the book with a price of ₱200?


b. The probability of the books that has a price of ₱300?
c. How many books will Anne buy if the books are priced to ₱100?

Solutions:

a. The z-score of the book with a price of ₱200?

Given: Solution:
X = 200 X−µ 200−250
z= σ
= 50
SD = 50
Mean = 250 −5 0
= 50 = -1

Therefore, the z-
score of the book
is -1.
b. The probability of the books that has a price of ₱300?

Given: Solution:
X = 300 X−µ
z= σ
=
SD = 50
3 0 0−25 0 50
Mean = 250
50
= 50
=1

Based on the table, the value is 0.4525.


So; P(-1 ≤ z ≤ 1) = 0.3413 + 0.5000 =
0.8413 or 84.13%

Therefore, 84.13% of the books have a


price of ₱300.

.
a. How many books will Anne would buy if the books are priced to
₱100?

Given: Solution:
X = 100 X−µ 100−25 0
z= σ
= 50
SD = 50
Mean = 250 −150
= 5 0 = -3

The area equivalent to z = -3 is 0.4987.


So; P(z < -3) = 0.4987 + 0.5000 = 0.9987
or 99.87%

Then, 99.87% of the books have a price


of ₱100.

Since we are looking for the number of


books that Anne would buy, then we will
compute it by multiplying the percentage
of books that displayed in the bookshop.
So, 0.9987 x 3000 = 2,523.9

Therefore, 2996 of the books will Anne


would buy if there are 3000 books in the
bookshop.

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