ZuoTi.Pro
Question

The mean cost of domestic airfares in the United States rose to the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standa a. What is the probability that a domestic pirfare is $560 or more (to 4 declmals)? an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charped by deviation or $100. Use Table i in Appendix B. b. What is the probablity that a domestic airfare is $250 or less (to 4 decimals)? c. What if the probability that a domestic airfare is between $300 and $500 (to 4 decimals)? d, what is the cost for the 4% highest domestic airfares? (rounded to nearest dollar Hide Feedback Partially Correet
TABLE 1 CUMULATIVE PROBABILITIES FOR THE STANDARD NORMAL DISTRIBUTION Entries in the table give the area under the curve to the left of the Cumulative value. For example, for -85, the cumulative probability is.1977 01 -3,0 .0013 .0013 .0013 .0012 .0012 .0011 .0011 .0011 .0010 .0010 29 0019 0018 018 0017 016 0016 0015 0015 0014 0014 -28 0026 0025 0024 0023 0023 0022 0021 0021 002 0019 -27 003s 0034 0033 0032 003 0030029 0028 0070026 -26 0047 004 0044 0043 00004 0039 00380037 0036 -25 .0062 .0060 .0059 .0057 .0055 .0054 .0052 .0051 .0049 0048 -24 0082 0000078 0075 0073 007 0069 0068 0066 0064 -23 0107 0104 0102 09 000094 0 0089 0087 004 -22 .01 39 ΟΙ 36 .or32 0129 .0125 0122 .01 19 .0116 .0113 .01 io -21 .0179 .0174 .0170 0166 D162 058 .0154 .0150 .0146 .0143 -20 0228 0222 0217 0212 02 20 0197 0192 01s8 0183 -1.9 10287 .0281 10274 0268 m62 . 0250 0244 0239 0233 -18 0359 035103440336 0329 0322 0314 0307 0301 0294 -1.7 0446 0436 0427 0418 0490392 0384 0375 0367 -16 0548 05370526 0516 050S 04950485 0475 0465 -15 0668 065S 0643 0630 0618 06060594 0582 0571 0559 0793 0778 0764 0749 0735 0721 0708 0694 0681 -14 0808 0793 07780764 0749 0735 0721 -13 0968 0951 09340918 0901 088S 12 1151 0838 0823 1131 1112 1093 1075 1056 1038 1020 1003 0985 -1.1 1357 1335 1314 1292 127 1251 1230 1210 1190 1170 -1,0 .1587 .1562 .เ539 .เ515 .1492 .1469 .1446-1423 ,1401 .1379 -9 1841 18141788 1762 1736 1711 1685 -.8 .2119 .2090 .2061 3033 ans .เ977 .1949 .1922 7 2420 2389 2358 2327 2296 2 6 2743 27092 - 30853050 3015 2981 2946 2266 2236 2206 2177 2148 2676 2643 2611 2578 2546 2514 2483 2451 2912 2877 2843 2810 2776 3264 3228 3192 3156 3121 3 3821 3783 3745 37073669 3632 3594 3557 35z0 -1 4602 4562422 483 4443 440 4 4090 4052 4013 3974 3936 3897 38s9 4364 4325 4286 4247 - 5000 4960 920 48S0 4840 4S01 4761 4721 46814641
media%2F6ac%2F6ac5b8ad-32ba-4bdb-bd9c-0f
math   Statistics-And-Probability   
0 0
Add a comment Improve this question Transcribed image text
Next > < Previous
Sort answers by oldest

Homework Answers

Answer #1

a) Probability that a domestic air ba is6o o moye ic = P(Z>1.6) ニ1-0.gf52 , | Pix > 56 o): 0.0598 by Probabilit구 that a domestic air lan İs $250 or, less is, = P (z <-1.5) PX S2500 066 3 ー< 500-400 1 00 z 0 8443-0-1587 二 0.6827 P (3004 x500)0 6827

0 1
Add a comment
Know the answer?
Add Answer to:
The mean cost of domestic airfares in the United States rose to the airlines plus any...
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for? Ask your own homework help question. Our experts will answer your question WITHIN MINUTES for Free.
Similar Homework Help Questions

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $370 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. a. What is the probability that a domestic airfare is $555 or more (to 4 decimals)? b. What is the probability that a domestic airfare is...

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $370 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $115. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $530 or more (to 4 decimals)? 0.0721 b. What is...

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $375 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $110. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $530 or more (to 4 decimals)? b. What is the...

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $530 or more (to 4 decimals)? b. What is the...

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $370 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $115. Use Table 1 in Appendix B (binomial distribution table). a. What is the probability that a domestic airfare is $545 or more (to 4 decimals)? b....

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $550 or more (to 4 decimals)? b. What is the...

  • eBook The mean cost of domestic airfares in the United States rose to an all-time high...

    eBook The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $110. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $560 or more (to 4 decimals)? 0.0558 b. What...

  • Check My Work (2 remaining) The mean cost of domestic airfares in the United States rose...

    Check My Work (2 remaining) The mean cost of domestic airfares in the United States rose to an all-time high of $370 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $105. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $550 or more (to 4...

  • The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were base...

    The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $115. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $545 or more (to 4 decimals)? b. What is the...

  • The mean cost of domestic airfares in the United States rose to an all-time high of...

    The mean cost of domestic airfares in the United States rose to an all-time high of $395 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $115. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $550 or more (to 4 decimals)?

ADVERTISEMENT
Free Homework Help App
Download From Google Play
Scan Your Homework
to Get Instant Free Answers
Need Online Homework Help?
Ask a Question
Get Answers For Free
Most questions answered within 3 hours.
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT