hotel in a European city follows a normal distribution with a mean of 170 euros and a standard deviation of 16 euros.   a. What is the probability that a randomly selected​ three-star hotel has a room rate of 1. less than 185 ​euros? 2. more than 180 ​euros? 3. exactly 165 ​euros?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
icon
Related questions
Question
Assume the room rate for a​ three-star hotel in a European city follows a normal distribution with a mean of 170 euros and a standard deviation of
16 euros.
 
a. What is the probability that a randomly selected​ three-star hotel has a room rate of
1. less than 185 ​euros?
2. more than 180 ​euros?
3. exactly 165 ​euros?
Expert Solution
steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, probability and related others by exploring similar questions and additional content below.
Similar questions
Recommended textbooks for you
A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
Probability
ISBN:
9780134753119
Author:
Sheldon Ross
Publisher:
PEARSON
A First Course in Probability
A First Course in Probability
Probability
ISBN:
9780321794772
Author:
Sheldon Ross
Publisher:
PEARSON