Suppose UIL is interested in the amount of money per year that parents pay for private volleyball lessons for their child. High School Sports Illustrated reports that the amount of money per year that parents pay for private volleyball lessons is normally distributed with a mean of $2400 and standard deviation $400.
a. What is the probability that a parent payed less than $2,190?
b. What is the probability that a parent payed between $2,190 and $2,825?
c. Laney was bragging that only 2% of parents payed more than her parents did on private volleyball lessons. How much did Laney's parents pay?
d. Suppose Southside High School has 20 volleyball players that took private volleyball lessons. What is the probability that the average amount their parents spent on private volleyball lessons exceeds $2200?
Suppose UIL is interested in the amount of money per year that parents pay for private...
1. The average amount parents and children spent per child on back-to-school clothes in Autumn 2010 was $527. Assume the standard deviation is $160 and that the amount spent is normally distributed. What is the probability that the amount spent on a randomly selected child is more than $700? (Round to four decimal places) What is the probability that the amount spent on a randomly selected child is less than $100? (Round to four decimal places) What is the probability...
macoroeconomics
1. Society as a whole faces opportunity costs because a. there is not enough money to go around b. politicians are greedy c. resources are scarce d. our needs are unlimited 2. Mary decides to spend 3 hours working overtime rather than watching a video with her friends. She earns $9 an hour. Her opportunity cost of working is: a. the enjoyment she would have received had she watched the video with friends. b. $27 she earns working c....