Yahoo Answers is shutting down on May 4th, 2021 (Eastern Time) and beginning April 20th, 2021 (Eastern Time) the Yahoo Answers website will be in read-only mode. There will be no changes to other Yahoo properties or services, or your Yahoo account. You can find more information about the Yahoo Answers shutdown and how to download your data on this help page.

Homework help - how to find the mean? (10 points for best answer!)?

The annual assets for First Michigan corporation is approximately normally distributed with standard deviation 58 million. The mean is not known. However it is known that 62% of the assets is over 205.3 million. Find the mean assets value in millions. Answer to 2 decimal places.

I have no idea how to do this homework problem. Any help would be appreciated!

1 Answer

Relevance
  • Anonymous
    1 year ago

    Add them all up, than divide 58 million by 62 percent, then you will have the answer. Add 58 million, plus the 205,3 million up to. Then divide.

Still have questions? Get your answers by asking now.