Private nonprofit four-year colleges charge, on average, $26,168 per year in tuition and fees. The standard deviation is $6,656. Assume the distribution is normal. Let X be the cost for a randomly selected college. Round all answers to 4 decimal places where possible. a. What is the distribution of X? X - N( b. Find the probability that a randomly selected Private nonprofit four-year college will cost less than 24,347 per year. c. Find the 74th percentile for this distribution. $ (Round to the nearest dollar.)
Private nonprofit four-year colleges charge, on average, $26,168 per year in tuition and fees. The standard deviation is $6,656. Assume the distribution is normal. Let X be the cost for a randomly selected college. Round all answers to 4 decimal places where possible. a. What is the distribution of X? X - N( b. Find the probability that a randomly selected Private nonprofit four-year college will cost less than 24,347 per year. c. Find the 74th percentile for this distribution. $ (Round to the nearest dollar.)
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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Question
![Private nonprofit four-year colleges charge, on
average, $26,168 per year in tuition and fees. The
standard deviation is $6,656. Assume the distribution is
normal. Let X be the cost for a randomly selected
college. Round all answers to 4 decimal places where
possible.
a. What is the distribution of X? X - N(
b. Find the probability that a randomly selected Private
nonprofit four-year college will cost less than 24,347
per year.
c. Find the 74th percentile for this distribution. $
(Round to the nearest dollar.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb954a688-5e54-4f96-9877-503883322f61%2Fea18badb-407b-4d0d-bf71-fab8bfaafcfb%2Fic63g7k_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Private nonprofit four-year colleges charge, on
average, $26,168 per year in tuition and fees. The
standard deviation is $6,656. Assume the distribution is
normal. Let X be the cost for a randomly selected
college. Round all answers to 4 decimal places where
possible.
a. What is the distribution of X? X - N(
b. Find the probability that a randomly selected Private
nonprofit four-year college will cost less than 24,347
per year.
c. Find the 74th percentile for this distribution. $
(Round to the nearest dollar.)
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