During the first quarter of 2017, an investment group’s aver…
During the first quarter of 2017, an investment group’s average purchase price of Bitcoin was $2,500.175 with a standard deviation of $600. The last purchase made was priced at $2,450.00. Assume that their purchase prices follow a normal distribution. To find the z-score for the last purchase, what value would be in place of x̄ when referring to the z-score formula below?