3. In the United States, the prices of wedding cakes follow a Normal distribution, with a mean of $540 and a standard deviation of $115. What percentage of wedding cakes in this distribution cost between $500 and $700? A. 86.43% B. 95.54% c. 53.71% D. 38.21% E. 13.60%

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3. In the United States, the prices of wedding cakes follow a
Normal distribution, with a mean of $540 and a standard
deviation of $115. What percentage of wedding cakes in
this distribution cost between $500 and $700?
A. 86.43%
B. 95.54%
c. 53.71%
D. 38.21%
E. 13.60%
Transcribed Image Text:3. In the United States, the prices of wedding cakes follow a Normal distribution, with a mean of $540 and a standard deviation of $115. What percentage of wedding cakes in this distribution cost between $500 and $700? A. 86.43% B. 95.54% c. 53.71% D. 38.21% E. 13.60%
Expert Solution
Step 1

Given data:

Mean = $ 540

Standard deviation  = $115

To find:

What percentage of wedding cakes in this distribution cost between $500 and $700?

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