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?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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:

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