New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $55. a. Draw on a piece of paper the Normal Distribution curve and mark the Mean and 1 unit standard deviation to each side of the Mean. Also show probability Density function and point it on your graph.

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Chapter1: Combinatorial Analysis
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New York City is the most expensive city in the United States for lodging. The
mean hotel room rate is $204 per night (USA Today, April 30, 2012). Assume that
room rates are normally distributed with a standard deviation of $55.

a. Draw on a piece of paper the Normal Distribution curve and mark the
Mean and 1 unit standard deviation to each side of the Mean.

Also show probability Density function and point it on your graph.

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