SOLUTION: Imagine the average price of a book on Amazon is $17.99 with a standard deviation of $3.65. 1. Draw a picture of this distribution, marking off where the mean price is, and showi

Algebra ->  Finance -> SOLUTION: Imagine the average price of a book on Amazon is $17.99 with a standard deviation of $3.65. 1. Draw a picture of this distribution, marking off where the mean price is, and showi      Log On


   



Question 1176463: Imagine the average price of a book on Amazon is $17.99 with a standard deviation of $3.65.
1. Draw a picture of this distribution, marking off where the mean price is, and showing one, two and three standard deviations above and below the mean (1 point).


Answer by Boreal(15235) About Me  (Show Source):
You can put this solution on YOUR website!
mean is at z=0 or $17.99
z=+1 is at 17.99+3.65 or $21.64
z=+2 is at $25.29
z=+3 is at $28.94
z=-1 is at $14.34
z=-2 is at $10.69
z=-3 is at $7.04