S Exercise 06.17 Algorithmic 1 Question 4 of 5 » Check My Work eBook The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $105. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $550 or more (to 4 decimals)? b. What is the probability that a domestic airfare is $255 or less (to 4 decimals)? c. What if the probability that a domestic airfare is between $300 and $500 (to 4 decimals)? d. What is the cost for the 4% highest domestic airfares? (rounded to nearest dollar) $4 or less Hide Feedback Incorrect Check My Wor O Icon Key %24 .00 .01 .02 .03 .04 .05 .06 .07 .08 .09 .5000 .5040 5080 5120 5160 5199 5239 5279 5319 5359 .1 .5398 5438 .5478 5517 5557 5596 5636 5675 5714 5753 .2 .5793 5832 5871 5910 5948 5987 6026 .6064 6103 6141 .3 .6179 .6217 .6255 .6293 6331 6368 .6406 .6443 6480 6517 .4 .6554 6591 .6628 .6664 .6700 6736 6772 6808 6844 6879 .5 .6915 .6950 .6985 .7019 .7054 7088 7123 7157 7190 7224 .6 .7257 .7291 .7324 .7357 .7389 7422 .7454 7486 7517 .7549 .7642 7704 7995 .7 .7580 .7611 .7673 7734 7764 7794 7823 7852 .8 .7881 .7910 .7939 .7967 8023 .8051 8078 8106 8133 .9 .8159 .8186 .8212 8238 8264 8289 8315 .8340 8365 .8389 1.0 .8413 .8438 .8461 8485 .8508 .8531 8554 8577 8599 8621 8790 8770 8962 1.1 .8643 .8665 .8686 8708 8729 .8749 8810 .8830 1.2 .8849 8869 .8888 .8907 8925 .8944 8980 8997 .9015 1.3 .9032 9049 9066 .9082 9099 .9115 .9131 9147 9162 .9177 1.4 .9192 .9207 .9222 .9236 .9251 .9265 .9279 9292 9306 .9319 1.5 .9332 .9345 9357 9370 .9382 .9394 .9406 9418 9429 .9441 1.6 .9452 9463 9474 9484 .9495 .9505 9515 9525 .9535 .9545 1.7 .9554 .9564 9573 .9582 .9591 .9599 .9608 9616 .9625 .9633 1.8 .9641 .9649 9656 .9664 .9671 .9678 .9686 9693 .9699 .9706 1.9 .9713 .9719 9726 .9732 .9738 .9744 .9750 .9756 .9761 .9767 2.0 .9772 .9778 .9783 .9788 .9793 .9798 .9803 .9808 .9812 9817 2.1 .9821 .9826 .9830 .9834 .9838 .9842 .9846 .9850 .9854 9857 2.2 .9861 .9864 .9868 .9871 .9875 .9878 .9881 .9884 .9887 .9890 2.3 .9893 .9896 .9898 .9901 .9904 .9906 .9909 .9911 .9913 .9916 2.4 .9918 .9920 .9922 .9925 .9927 .9929 .9931 .9932 .9934 9936 2.5 .9938 .9940 .9941 .9943 .9945 .9946 .9948 .9949 .9951 .9952 2.6 .9953 .9955 .9956 .9957 .9959 .9960 .9961 .9962 .9963 .9964 2.7 .9965 .9966 .9967 .9968 .9969 .9970 .9971 .9972 .9973 .9974 2.8 .9974 .9975 .9976 .9977 .9977 .9978 .9979 .9979 .9980 .9981 2.9 .9981 .9982 .9982 .9983 .9984 .9984 .9985 .9985 .9986 .9986 3.0 .9987 .9987 .9987 .9988 .9988 .9989 .9989 .9989 .9990 .9990

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
icon
Related questions
Question
S Exercise 06.17 Algorithmic
1 Question 4 of 5 »
Check My Work
eBook
The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total
ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are
normally distributed with a standard deviation of $105. Use Table 1 in Appendix B.
a. What is the probability that a domestic airfare is $550 or more (to 4 decimals)?
b. What is the probability that a domestic airfare is $255 or less (to 4 decimals)?
c. What if the probability that a domestic airfare is between $300 and $500 (to 4 decimals)?
d. What is the cost for the 4% highest domestic airfares? (rounded to nearest dollar)
$4
or less
Hide Feedback
Incorrect
Check My Wor
O Icon Key
%24
Transcribed Image Text:S Exercise 06.17 Algorithmic 1 Question 4 of 5 » Check My Work eBook The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $105. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $550 or more (to 4 decimals)? b. What is the probability that a domestic airfare is $255 or less (to 4 decimals)? c. What if the probability that a domestic airfare is between $300 and $500 (to 4 decimals)? d. What is the cost for the 4% highest domestic airfares? (rounded to nearest dollar) $4 or less Hide Feedback Incorrect Check My Wor O Icon Key %24
.00
.01
.02
.03
.04
.05
.06
.07
.08
.09
.5000
.5040
5080
5120
5160
5199
5239
5279
5319
5359
.1
.5398
5438
.5478
5517
5557
5596
5636
5675
5714
5753
.2
.5793
5832
5871
5910
5948
5987
6026
.6064
6103
6141
.3
.6179
.6217
.6255
.6293
6331
6368
.6406
.6443
6480
6517
.4
.6554
6591
.6628
.6664
.6700
6736
6772
6808
6844
6879
.5
.6915
.6950
.6985
.7019
.7054
7088
7123
7157
7190
7224
.6
.7257
.7291
.7324
.7357
.7389
7422
.7454
7486
7517
.7549
.7642
7704
7995
.7
.7580
.7611
.7673
7734
7764
7794
7823
7852
.8
.7881
.7910
.7939
.7967
8023
.8051
8078
8106
8133
.9
.8159
.8186
.8212
8238
8264
8289
8315
.8340
8365
.8389
1.0
.8413
.8438
.8461
8485
.8508
.8531
8554
8577
8599
8621
8790
8770
8962
1.1
.8643
.8665
.8686
8708
8729
.8749
8810
.8830
1.2
.8849
8869
.8888
.8907
8925
.8944
8980
8997
.9015
1.3
.9032
9049
9066
.9082
9099
.9115
.9131
9147
9162
.9177
1.4
.9192
.9207
.9222
.9236
.9251
.9265
.9279
9292
9306
.9319
1.5
.9332
.9345
9357
9370
.9382
.9394
.9406
9418
9429
.9441
1.6
.9452
9463
9474
9484
.9495
.9505
9515
9525
.9535
.9545
1.7
.9554
.9564
9573
.9582
.9591
.9599
.9608
9616
.9625
.9633
1.8
.9641
.9649
9656
.9664
.9671
.9678
.9686
9693
.9699
.9706
1.9
.9713
.9719
9726
.9732
.9738
.9744
.9750
.9756
.9761
.9767
2.0
.9772
.9778
.9783
.9788
.9793
.9798
.9803
.9808
.9812
9817
2.1
.9821
.9826
.9830
.9834
.9838
.9842
.9846
.9850
.9854
9857
2.2
.9861
.9864
.9868
.9871
.9875
.9878
.9881
.9884
.9887
.9890
2.3
.9893
.9896
.9898
.9901
.9904
.9906
.9909
.9911
.9913
.9916
2.4
.9918
.9920
.9922
.9925
.9927
.9929
.9931
.9932
.9934
9936
2.5
.9938
.9940
.9941
.9943
.9945
.9946
.9948
.9949
.9951
.9952
2.6
.9953
.9955
.9956
.9957
.9959
.9960
.9961
.9962
.9963
.9964
2.7
.9965
.9966
.9967
.9968
.9969
.9970
.9971
.9972
.9973
.9974
2.8
.9974
.9975
.9976
.9977
.9977
.9978
.9979
.9979
.9980
.9981
2.9
.9981
.9982
.9982
.9983
.9984
.9984
.9985
.9985
.9986
.9986
3.0
.9987
.9987
.9987
.9988
.9988
.9989
.9989
.9989
.9990
.9990
Transcribed Image Text:.00 .01 .02 .03 .04 .05 .06 .07 .08 .09 .5000 .5040 5080 5120 5160 5199 5239 5279 5319 5359 .1 .5398 5438 .5478 5517 5557 5596 5636 5675 5714 5753 .2 .5793 5832 5871 5910 5948 5987 6026 .6064 6103 6141 .3 .6179 .6217 .6255 .6293 6331 6368 .6406 .6443 6480 6517 .4 .6554 6591 .6628 .6664 .6700 6736 6772 6808 6844 6879 .5 .6915 .6950 .6985 .7019 .7054 7088 7123 7157 7190 7224 .6 .7257 .7291 .7324 .7357 .7389 7422 .7454 7486 7517 .7549 .7642 7704 7995 .7 .7580 .7611 .7673 7734 7764 7794 7823 7852 .8 .7881 .7910 .7939 .7967 8023 .8051 8078 8106 8133 .9 .8159 .8186 .8212 8238 8264 8289 8315 .8340 8365 .8389 1.0 .8413 .8438 .8461 8485 .8508 .8531 8554 8577 8599 8621 8790 8770 8962 1.1 .8643 .8665 .8686 8708 8729 .8749 8810 .8830 1.2 .8849 8869 .8888 .8907 8925 .8944 8980 8997 .9015 1.3 .9032 9049 9066 .9082 9099 .9115 .9131 9147 9162 .9177 1.4 .9192 .9207 .9222 .9236 .9251 .9265 .9279 9292 9306 .9319 1.5 .9332 .9345 9357 9370 .9382 .9394 .9406 9418 9429 .9441 1.6 .9452 9463 9474 9484 .9495 .9505 9515 9525 .9535 .9545 1.7 .9554 .9564 9573 .9582 .9591 .9599 .9608 9616 .9625 .9633 1.8 .9641 .9649 9656 .9664 .9671 .9678 .9686 9693 .9699 .9706 1.9 .9713 .9719 9726 .9732 .9738 .9744 .9750 .9756 .9761 .9767 2.0 .9772 .9778 .9783 .9788 .9793 .9798 .9803 .9808 .9812 9817 2.1 .9821 .9826 .9830 .9834 .9838 .9842 .9846 .9850 .9854 9857 2.2 .9861 .9864 .9868 .9871 .9875 .9878 .9881 .9884 .9887 .9890 2.3 .9893 .9896 .9898 .9901 .9904 .9906 .9909 .9911 .9913 .9916 2.4 .9918 .9920 .9922 .9925 .9927 .9929 .9931 .9932 .9934 9936 2.5 .9938 .9940 .9941 .9943 .9945 .9946 .9948 .9949 .9951 .9952 2.6 .9953 .9955 .9956 .9957 .9959 .9960 .9961 .9962 .9963 .9964 2.7 .9965 .9966 .9967 .9968 .9969 .9970 .9971 .9972 .9973 .9974 2.8 .9974 .9975 .9976 .9977 .9977 .9978 .9979 .9979 .9980 .9981 2.9 .9981 .9982 .9982 .9983 .9984 .9984 .9985 .9985 .9986 .9986 3.0 .9987 .9987 .9987 .9988 .9988 .9989 .9989 .9989 .9990 .9990
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman