document.write( "Question 871441: Good evening guys, I need help with this question, thank you in advance!!!\r
\n" ); document.write( "\n" ); document.write( "A study has shown that 20% of all college textbooks cost at least $70. It is known that the standard deviation of the prices of the college textbook is $9.50. Assuming that prices of all college textbooks follows a normal distribution; find the mean price of all college textbooks.\r
\n" ); document.write( "\n" ); document.write( "This is what I did so far.\r
\n" ); document.write( "\n" ); document.write( "x= cost of textbook x~normal (M, SD= 9.50)\r
\n" ); document.write( "\n" ); document.write( "P(x>70)=20%\r
\n" ); document.write( "\n" ); document.write( "P(x<70)=80%\r
\n" ); document.write( "\n" ); document.write( "P(z<70-M)=.8000
\n" ); document.write( "-------
\n" ); document.write( " 9.50
\n" ); document.write( "

Algebra.Com's Answer #525522 by Yzeph(21)\"\" \"About 
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