Private nonprofit four-year colleges charge, on average, $26,508 per year in tuition and fees. The standard deviation is $6,881. Assume the distribution is normal. Let X be the cost for a randomly selected college. (Formatting hint: N(mean, sd) where N a. What is the distribution of X? X - N( = "Normal") b. Find the probability that a randomly selected private nonprofit four-year college will cost less than $27,879 per year. Round answer to 4 decimal places. c. Find the 60th percentile for this distribution. S Hint: Helpful videos: • Find a Probability [+] • Finding a Value Given a Probability [+] Hint Submit Question (Round to the nearest dollar.)
Private nonprofit four-year colleges charge, on average, $26,508 per year in tuition and fees. The standard deviation is $6,881. Assume the distribution is normal. Let X be the cost for a randomly selected college. (Formatting hint: N(mean, sd) where N a. What is the distribution of X? X - N( = "Normal") b. Find the probability that a randomly selected private nonprofit four-year college will cost less than $27,879 per year. Round answer to 4 decimal places. c. Find the 60th percentile for this distribution. S Hint: Helpful videos: • Find a Probability [+] • Finding a Value Given a Probability [+] Hint Submit Question (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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Q. 9
![Private nonprofit four-year colleges charge, on average, $26,508 per year in tuition and fees. The standard
deviation is $6,881. Assume the distribution is normal. Let X be the cost for a randomly selected college.
(Formatting hint: N(mean, sd) where N
a. What is the distribution of X? X - N(
= "Normal")
b. Find the probability that a randomly selected private nonprofit four-year college will cost less than
$27,879 per year. Round answer to 4 decimal places.
c. Find the 60th percentile for this distribution. S
Hint:
Helpful videos:
• Find a Probability [-]
• Finding a Value Given a Probability [+]
Hint
Submit Question
(Round to the nearest dollar.)](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F7d6835b2-0bba-4504-a99c-7d4e3ec6439e%2F821fa05d-c8b5-450e-ac40-093b7a8ee87d%2F68qcl65_processed.jpeg&w=3840&q=75)
Transcribed Image Text:Private nonprofit four-year colleges charge, on average, $26,508 per year in tuition and fees. The standard
deviation is $6,881. Assume the distribution is normal. Let X be the cost for a randomly selected college.
(Formatting hint: N(mean, sd) where N
a. What is the distribution of X? X - N(
= "Normal")
b. Find the probability that a randomly selected private nonprofit four-year college will cost less than
$27,879 per year. Round answer to 4 decimal places.
c. Find the 60th percentile for this distribution. S
Hint:
Helpful videos:
• Find a Probability [-]
• Finding a Value Given a Probability [+]
Hint
Submit Question
(Round to the nearest dollar.)
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