of 20%, what is the probability that the cost will be within the estimate?

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Problem 8:
The cost of construction of a 5-story building is
estimated between $3million and $3.5million. If
the construction cost is normally distributed with
mean value of $3.1 and coefficient of variation
of 20%, what is the probability that the cost will
be within the estimate?
Transcribed Image Text:Problem 8: The cost of construction of a 5-story building is estimated between $3million and $3.5million. If the construction cost is normally distributed with mean value of $3.1 and coefficient of variation of 20%, what is the probability that the cost will be within the estimate?
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