6. For the most recent year available, the mean annual cost to attend a private university in the United States was $20,307. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,275. Ninety-five percent of all students at private universities pay less than what amount?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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6. For the most recent year available, the mean annual cost to attend a private university in
the United States was $20,307. Assume the distribution of annual costs follows the normal
probability distribution and the standard deviation is $4,275.
Ninety-five percent of all students at private universities pay less than what amount?
Transcribed Image Text:6. For the most recent year available, the mean annual cost to attend a private university in the United States was $20,307. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,275. Ninety-five percent of all students at private universities pay less than what amount?
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