The average price of a new iPhone is $800. Assume the price follows a normal distribution with a standard deviation of $50.
1. What is the probability that a randomly selected iPhone sells for less than $750?
2. What is the probability that a randomly selected iPhone sells for more than $880?
3. What is the probability that a randomly selected iPhone sells between $770 and $840?
The average price of a new iPhone is $800. Assume the price follows a normal distribution...
The average ACT score follows a normal distribution with a mean of 21.1 and a standard deviation of 5.1 what is the probability that the mean IQ score of 50 randomly selected people will be more than 23 ?
The average monthly mortgage payment for all homeowners in a city follows a normal distribution with a mean of $2850 and a standard deviation of $420. Find the probability that the monthly mortgage paid by a randomly selected homeowner from this city is: less than $2100 more than $2600 between $3200 and $3700
Let us assume that the variable Total_Rooms follows the normal distribution with mean 87 and standard deviation 95.1. Then: 4.1 Compute the probability that a randomly selected hotel has more than 100 rooms. 4.2 Compute the probability that a randomly selected hotel has between 60 and 80 rooms. 4.3 Find what is the minimum number of rooms a hotel should have in order to be considered in the 20% of the largest in size?
Let us assume that the variable Total_Rooms follows the normal distribution with mean 87 and standard deviation 95.1. Then: 4.1 Compute the probability that a randomly selected hotel has more than 100 rooms. 4.2 Compute the probability that a randomly selected hotel has between 60 and 80 rooms. 4.3 Find what is the minimum number of rooms a hotel should have in order to be considered in the 20% of the largest in size?
Assume the commute time is a random variable that follows the normal distribution with a mean of 10.3 minutes with a standard deviation of 4.8 minutes. You wish to calculate the probability that the commute time is more than 16.3 minutes. What is the z value you would look up in the standard normal table to answer this question? What is the probability that the commute time is more than 16.3 minutes? What would be the targeted average commute time...
The national average SAT score is 1028. If we assume a normal distribution with a standard deviation of 92. What is the probability that a randomly selected score is less then 1100
A random variable follows the normal probability distribution with a mean of 80 and a standard deviation of 20. Determine the probability for a randomly selected value from this population in parts a through d below. a. is less than 90 b. is less than 65 c. is more than 110 d. is more than 40.
The average time taken to complete an exam, X, follows a normal probability distribution with mean = 60 minutes and standard deviation 30 minutes. What is the probability that a randomly chosen student will take more than 45 minutes to complete the exam?
The net weekly sales for a small business follows a normal distribution with a mean of 586 dollars and standard deviation of 115 dollars. Calculate each of the following. In each case, round your response to at least 4 decimal places. a) What is the probability that in a randomly selected day, the business will do no more than 604 dollars in net sales? b) Suppose 18 days are randomly selected. What is the probability that the average net sales...
A random variable follows the normal probability distribution with a mean of 100 and a standard deviation of 10. Determine the probability for a randomly selected value from this population in parts a through d below. Click here to view page 1 of the standard normal probability table. Click here to view page 2 of the standard normal probability table. a. What is the probability that the value is less than 80? The probability that the value is less than...