SOLUTION: Cost of domestic airfare follows a normal distribution with a mean of $385 dollars and a standard deviation of 100. Using this information,determine what is the probability that do
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Question 1072326: Cost of domestic airfare follows a normal distribution with a mean of $385 dollars and a standard deviation of 100. Using this information,determine what is the probability that domestic airfare will Cost $250 or less
Answer by stanbon(75887) (Show Source): You can put this solution on YOUR website!
Cost of domestic airfare follows a normal distribution with a mean of $385 dollars and a standard deviation of 100. Using this information,determine what is the probability that domestic airfare will Cost $250 or less
z(250) = (250-385)/100 = -135/100 = -1.35
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P(x <= 250) = P(z<= -1.35) = normalcdf(-100,-1.35) = 0.0885
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Cheers,
Stan H.
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