The average production cost for major movies is 69 million dollars and the standard deviation is 22million dollars. Assume the production cost distribution is normal. Suppose that 8 randomlyselected major movies are researched. Answer the following questions. Give your answers inmillions of dollars, not dollars. Round all answers to 4 decimal places where possible.a. What is the distribution of X? X ~ N(b. What is the distribution of ? T - N(c. For a single randomly selected movie, find the probability that this movie's production cost isbetween 65 and 71 million dollars.d. For the group of 8 movies, find the probability that the average production cost is between 65and 71 million dollars.e. For part d), is the assumption of normal necessary? O NoO Yes

a. What is the distribution of X? X ~ N b. What is the distribution of ? - N c. For a single randomly selected movie, find the probability that this movie's production cost is between 65 and 71 million dollars.

a. What is the distribution of X? X ~ N b. What is the distribution of ? - N c. For a single randomly selected movie, find the probability that this movie's production cost is between 65 and 71 million dollars.

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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