**Cost of Personal Computers** The average price of a personal computer (PC) is $949. If the computer prices are approximately normally distributed and the standard deviation (σ) is $100, consider the following: 1. What is the probability that a randomly selected PC costs more than $1200? 2. The least expensive 10% of personal computers cost less than what amount? 3. Calculate the probability that a PC costs between $500 and $800. **Mean**: 949 **Standard Deviation**: 100
**Cost of Personal Computers** The average price of a personal computer (PC) is $949. If the computer prices are approximately normally distributed and the standard deviation (σ) is $100, consider the following: 1. What is the probability that a randomly selected PC costs more than $1200? 2. The least expensive 10% of personal computers cost less than what amount? 3. Calculate the probability that a PC costs between $500 and $800. **Mean**: 949 **Standard Deviation**: 100
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
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![**Cost of Personal Computers**
The average price of a personal computer (PC) is $949. If the computer prices are approximately normally distributed and the standard deviation (σ) is $100, consider the following:
1. What is the probability that a randomly selected PC costs more than $1200?
2. The least expensive 10% of personal computers cost less than what amount?
3. Calculate the probability that a PC costs between $500 and $800.
**Mean**: 949
**Standard Deviation**: 100](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd79927bd-bde7-43a4-a14a-f3e976363495%2Fb820f307-2872-430d-bd2c-d782e8b7fda1%2Fmnvnayq.jpeg&w=3840&q=75)
Transcribed Image Text:**Cost of Personal Computers**
The average price of a personal computer (PC) is $949. If the computer prices are approximately normally distributed and the standard deviation (σ) is $100, consider the following:
1. What is the probability that a randomly selected PC costs more than $1200?
2. The least expensive 10% of personal computers cost less than what amount?
3. Calculate the probability that a PC costs between $500 and $800.
**Mean**: 949
**Standard Deviation**: 100
Expert Solution
![](/static/compass_v2/shared-icons/check-mark.png)
Probability that a randomly selected PC cost more than $1200:
Here, µ = 949 and σ = 100.
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