SOLUTION: At a car dealer, the average sale price of the car is $21,500 with a standard deviation of $2,750. The dealer has 9,000 cars on the lot.
A) How many cars are priced at most $22,30
Question 607981: At a car dealer, the average sale price of the car is $21,500 with a standard deviation of $2,750. The dealer has 9,000 cars on the lot.
A) How many cars are priced at most $22,300?
B) How many cars are priced between $15,500 and $18,100? Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi
standard deviation cannot be $2,750. If it were 275, for example:
P( ≤ to 22,3000) = P( z≤ .0366) = NORMSDIST(0.0366)= .5146
.5146*9000= 4631 cars