STAT 115_Mini project 5 (2)

docx

School

University of Missouri, Kansas City *

*We aren’t endorsed by this school

Course

235

Subject

Statistics

Date

Apr 3, 2024

Type

docx

Pages

2

Uploaded by CorporalJayPerson905

Report
Name : STAT 115 Mini Project-5 Normal Distribution The mean of domestic airfares in the United States is $385 per ticket. Assume that the domestic airfares are normally distributed with a standard deviation of $110. 1. What is the probability that a domestic airfare is less than $500? 2. What is the probability that a domestic airfare is $400 or more? Olga Ivanova Z= 500-385/110=1.05 Using a standard normal distribution table, the probability = 0.8531 Z= 400-385/110=0.14 Probability= 1-0.5557=0.4443
3. What would be the maximum cost of a ticket, if it is in the lower 3% of the distribution of domestic airfares? Using the standard normal distribution table, z-score for 0.03 is appr. -1.88 385+ (-1.88) * 110=178.2
Your preview ends here
Eager to read complete document? Join bartleby learn and gain access to the full version
  • Access to all documents
  • Unlimited textbook solutions
  • 24/7 expert homework help

Related Documents

BEIR VII Phase 2 Essay - Jan. 30 @ 6_32 pm.docx
IMG_0173.png
IMG_0171.png
IMG_0179.png
IMG_0168.png
IMG_0175.png
STAT 115_Mini project 4 (2).docx
Assignment_7_15_and_7_16.docx
Chapter 12- Quantitative Data Analysis.rtf
Chapter 6- Sampling- Case Selection.rtf
805-2000-test.pdf
Statistics II Midterm Exam2 (1).docx
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
SEE MORE TEXTBOOKS
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman
SEE MORE TEXTBOOKS