Question

Assume the cost of an extended 100,000 mile warranty for a particular SUV follows the normal distrution with a mean of $1,550 and a standard deviation of $100 Complete parts (a) through d below a) Determine the interval of warranty costs from various companies that are one standard deviation around the mean The interval of warranty costs that are one standard deviation around the mean ranges from $0$ (Type integers or decimals. Use ascending order) b) Determine the interval of warranty costs from various companies that are two standard deviations around the mean The interval of warranty costs that are two standard deviations around the mean ranges from $os] (Type integers or decimals Use ascending order) c) Determine the interval of warranty costs from various companies that are three standard deviations around the mean The interval of warranty costs that are three standard deviations around the mean tunges from so (Type integers or decimals Use ascending order) d) An extended 100,000 mile warranty for this type of vehicle is advertised at 51,960 Based on the previous results, what concluso can you make? OA The $1.950 cost of this warranty must be an error in the advertisement because a data cannot be more attended to the OB. The $1,950 cost of this warranty is much higher than average due to the fact more than twee standard obowe C. This warranty is better quality than warranties offered by competing companies to the more stand von OD The 51 950 cost of this warranty is slightly higher than average to the three standard von above the

Answer 1