QUESTION IMAGE
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
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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5.02