document.write( "Question 1204221: According to research, the mean cost of safety equipment per year for colleges in Canada is $37,000.00. Suppose that these costs are normally distributed with a standard deviation of $5,000.00. If a Canadian College is selected at random, find the following probabilities.\r
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document.write( "For parts (b) express your answers as probabilities in decimal form (i.e. 0.0003 instead of 0.0300%), and round your answers to 4 decimal places.\r
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document.write( "(b) The cost is above $38,150.00. \r
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document.write( "For part (c), round your answer to 2 decimal places.\r
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document.write( "(c) What amount of cost is the cut-off for the top 10.20% of Canadian Colleges? \n" );
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Algebra.Com's Answer #840334 by ikleyn(52775)![]() ![]() You can put this solution on YOUR website! .\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For (b), use the standard function normalcdf on your regular hand calculator TI-83/84.\r \n" ); document.write( " \n" ); document.write( "\n" ); document.write( "For (c), use the standard function invNorm on your regular hand calculator TI-83/84.\r \n" ); document.write( " \n" ); document.write( " \n" ); document.write( "\n" ); document.write( " \n" ); document.write( " |