The managers of a local luxury hotel would like to set the hotel's average daily rate at the 70 th percentile, which is the rate below which 70% of hotels' rates are set. what rate should they choose for their hotel? use technology to find the value in the standard normal probability distribution that has an area of 0.70 to its left. determine the corresponding z-score, rounding to two decimal places.

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Which is the standard form for this number? (4 x 1 100 ) + (8 x 1 1,000 ) + ( 3 x 1 100,000 ) ? a) 0.004803 b) 0.04803 c) 0.0483 d) 0.483

Ahypothesis is: a the average squared deviations about the mean of a distribution of values b) an empirically testable statement that is an unproven supposition developed in order to explain phenomena a statement that asserts the status quo; that is, any change from what has been c) thought to be true is due to random sampling order da statement that is the opposite of the null hypothesis e) the error made by rejecting the null hypothesis when it is true