Automobile repair costs continue to rise with the average cost now at $367 per repair. Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions:What is the probability that the cost will be more than $450? 17279What is the probability that the cost will be less than $250? 091834What is the probability that the cost will be between $250 and $450? 735376If the cost for your car repair is in the lower 5% of automobile repair charges, what is your cost?

Given , $367$88Cost automobile repair is normally distributed.We have to find the Probabilities.

Answered: Automobile repair costs continue to…

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 costs continue to rise with the average cost now at $367 per repair. Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions:

What is the probability that the cost will be more than $450? 17279
What is the probability that the cost will be less than $250? 091834
What is the probability that the cost will be between $250 and $450? 735376
If the cost for your car repair is in the lower 5% of automobile repair charges, what is your cost?

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