According to the truecar.com website, the asking prices for cars of a certain model are approximately normally distributed with mean $35.987 and standard deviation $607.50. (a) The factory invoice price for this model is $35,625. About what percent of cars have asking prices below factory invoice? Round to 4 decimal places and then convert to a percentage. (b) According to the truecar.com site, any asicing price between $34,772 and $36,225 for this car model is considered "good" or "great" (Round to 4 decimai places) What proportion of cars have "good" or "great" asking prices? (c) The manufacturer's suggested retail price (MSRP) for this car model is at the 98th percentile of the distribution of asking price. (Round to 2 decimal places) Find the MSRP MSRP= S
According to the truecar.com website, the asking prices for cars of a certain model are approximately
(a) The factory invoice price for this model is $35,625.
About what percent of cars have asking prices below factory invoice?
Round to 4 decimal places and then convert to a percentage.
(b) According to the truecar.com site, any asicing price between $34,772 and $36,225 for this car model is considered "good" or "great"
(Round to 4 decimai places)
What proportion of cars have "good" or "great" asking prices?
(c) The manufacturer's suggested retail price (MSRP) for this car model is at the 98th percentile of the distribution of asking price.
(Round to 2 decimal places)
Find the MSRP MSRP= S
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