SOLUTION: The results of a recent survey indicate that the average new car costs $23,000 with a standard deviation of $3,500. The price of cars is normally distributed.
1.If someone bough
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Question 1168036: The results of a recent survey indicate that the average new car costs $23,000 with a standard deviation of $3,500. The price of cars is normally distributed.
1.If someone bought a car for $16,000, what percentage of cars cost an equal amount or more than this?
I GOT 2.28% AM I CORRECT?
2.What percentage of cars were sold for an amount between $12,000 and $30,000?
I GOT 97.64% AM I CORRECT?
Answer by Boreal(15235) (Show Source): You can put this solution on YOUR website!
1.Yes
2. Yes.
Check with calculator 2nd VARS normalcdf(12000,30000,23000,2500)ENTER. for the second one.
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