Automobile repair cost is reported to have an average cost of $320 per repair. Assume that the cost of automobile repair is normally distributed with a standard deviation of $60. Answer the following questions about the cost of automobile repair. What is the probability that the cost will be more than $400? What is the probability that the cost will be between $300 and $450? If the cost for your car repair is in
Automobile repair cost is reported to have an average cost of $320 per repair. Assume that the cost of automobile repair is normally distributed with a standard deviation of $60. Answer the following questions about the cost of automobile repair. What is the probability that the cost will be more than $400? What is the probability that the cost will be between $300 and $450? If the cost for your car repair is in
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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Automobile repair cost is reported to have an average cost of $320 per repair. Assume that the cost of automobile repair is
- What is the
probability that the cost will be more than $400?
- What is the probability that the cost will be between $300 and $450?
- If the cost for your car repair is in the lower 10% of automobile repair charges, what is your cost?
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