Automobile repair costs continue to rise with the average cost now at $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. a. What is the probability that the cost will be more than $450 (to four decimals)? b. What is the probability that the cost will be less than $250 (to four decimals)? c. What is the probability that the cost will be between $250 and $450 (to four decimals)? d. If the cost for your car repair is in the lower 5% of automobile repair charges, what is your cost (to two decimals)? B
Automobile repair costs continue to rise with the average cost now at $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. a. What is the probability that the cost will be more than $450 (to four decimals)? b. What is the probability that the cost will be less than $250 (to four decimals)? c. What is the probability that the cost will be between $250 and $450 (to four decimals)? d. If the cost for your car repair is in the lower 5% of automobile repair charges, what is your cost (to two decimals)? B
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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