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a department store has average daily sales of $29,876.76. the standard …

Question

a department store has average daily sales of $29,876.76. the standard deviation of sales is $1000. on tuesday, the store sold $34,893.71 worth of goods. find tuesdays z score.
(1 point)
5.27
5.33
4.01
5.02

Explanation:

Step1: Recall the z - score formula

The z - score formula is \(z=\frac{x-\mu}{\sigma}\), where \(x\) is the data point, \(\mu\) is the mean, and \(\sigma\) is the standard deviation.

Step2: Identify the values of \(x\), \(\mu\), and \(\sigma\)

Given that \(\mu = 29876.76\), \(\sigma=1000\), and \(x = 34893.71\).

Step3: Substitute the values into the formula

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Answer:

5.02