18. The mean cost of a 2016 Ford F150 is $18,000 with a standard deviation of $2,000. The mean cost of a 2016 Dodge Ram is $19,000 with a standard deviation of $1,600. Joe pays $16,000 for his Ford F150. Jo pays $17,500 for her Dodge Ram. Which of the two got the better deal? Show work.

MATLAB: An Introduction with Applications
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18. The mean cost of a 2016 Ford F150 is $18,000 with a standard deviation of $2,000. The mean cost of a 2016 Dodge
Ram is $19,000 with a standard deviation of $1,600. Joe pays $16,000 for his Ford F150. Jo pays $17,500 for her Dodge
Ram. Which of the two got the better deal? Show work.
Transcribed Image Text:18. The mean cost of a 2016 Ford F150 is $18,000 with a standard deviation of $2,000. The mean cost of a 2016 Dodge Ram is $19,000 with a standard deviation of $1,600. Joe pays $16,000 for his Ford F150. Jo pays $17,500 for her Dodge Ram. Which of the two got the better deal? Show work.
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