2. [6 marks] New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night. Assume that room rates are normally distributed with a standard deviation of $55. a) What is the probability that a hotel room costs between $200 and $300 per night? [3 marks] not of the 20% most exnensive hotel rooms in New York City? [3 marks]

2. [6 marks] New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night. Assume that room rates are normally distributed with a standard deviation of $55. a) What is the probability that a hotel room costs between $200 and $300 per night? [3 marks] not of the 20% most exnensive hotel rooms in New York City? [3 marks]

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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2. [6 marks] New York City is the most expensive city in the United States for lodging.
The mean hotel room rate is $204 per night. Assume that room rates are normally
distributed with a standard deviation of $55.
a) What is the probability that a hotel room costs between $200 and $300 per night? [3
marks]
b) What is the cost of the 20% most expensive hotel rooms in New York City? [3 marks]

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