9
QuizMultiple Choice

Expenses Data — Quiz

Question 9 • Financial Math

Nathalie is a cinema enthusiast and often spends on movie tickets and streaming subscriptions. The average entertainment expense for individuals like Nathalie in her city is $⁢120 per month with a standard deviation of $⁢15 Last month, Nathalie's entertainment expenses totaled $⁢150 What is the z -score for Nathalie's entertainment expenses last month? Use the following formula to calculate z -score: z is equal to the fraction with numerator x minus mu and denominator sigma where x is the data point, μ is the mean, and σ is the standard deviation.

Answer
A
1 point 5 - no response given
B
0 point 5 - no response given
C
0 - incorrect
D
2 point 0 - not selected, this is the correct answer

Explanation

Use the z-score formula: z = (x − μ) / σ. Substituting Nathalie’s expense, the mean, and the standard deviation gives z = (150 − 120) / 15 = 30 / 15 = 2. Her expenses were 2 standard deviations above the average, so the correct choice is 2.0.

AI-written and checked against the verified answer.

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