Questions: The manager of a fast-food restaurant records each day for a year the amount of money received from sales of food that day. Using software, he finds a mean of 1165 and a standard deviation of 220. a) Today's sale is 1800. Calculate the z-score. Round to 2 decimal places (A) -2.89 (B) 2.89 (C) 3.26 (D) -2.12

The manager of a fast-food restaurant records each day for a year the amount of money received from sales of food that day. Using software, he finds a mean of 1165 and a standard deviation of 220.
a) Today's sale is 1800. Calculate the z-score. Round to 2 decimal places
(A) -2.89
(B) 2.89
(C) 3.26
(D) -2.12
Transcript text: The manager of a fast-food restaurant records each day for a year the amount of money received from sales of food that day. Using software, he finds a mean of $1165 and a standard deviation of $220. a) Today's sale is $1800. Calculate the z-score. Round to 2 decimal places (A) -2.89 (B) 2.89 (C) 3.26 (D) -2.12
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Solution

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Solution Steps

To calculate the $z$-score, we use the formula: \[ z = \frac{(X - \mu)}{\sigma} \] where \( X \) is the value of today's sale, \( \mu \) is the mean, and \( \sigma \) is the standard deviation. Plug in the given values and compute the $z$-score.

Step 1: Identify the given values

We are given:

  • \( X = 1800 \)
  • \( \mu = 1165 \)
  • \( \sigma = 220 \)
Step 2: Apply the $z$-score formula

The formula for the $z$-score is: \[ z = \frac{X - \mu}{\sigma} \]

Step 3: Substitute the given values into the formula

Substituting the values, we get: \[ z = \frac{1800 - 1165}{220} \]

Step 4: Simplify the expression

\[ z = \frac{635}{220} \approx 2.8864 \]

Step 5: Round the $z$-score to 2 decimal places

\[ z \approx 2.89 \]

Final Answer

The $z$-score for today's sale of \$1800 is \( \boxed{2.89} \). Therefore, the answer is (B) 2.89.

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