Suppose the average annual in state tuition and required fees for a public 4-year institutions follows a Normal distribution with a population mean of $9,529 and population standard deviation of $1765.   What is the probability that a randomly selected public 4- year institution cost more than $17,000 in a year? What proportion of public 4- year institution cost between $7500 to $12500 per year? What is the interquartile range of public 4- year institution cost?

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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  1. Suppose the average annual in state tuition and required fees for a public 4-year institutions follows a Normal distribution with a population mean of $9,529 and population standard deviation of $1765.

 

  1. What is the probability that a randomly selected public 4- year institution cost more than $17,000 in a year?
  2. What proportion of public 4- year institution cost between $7500 to $12500 per year?
  3. What is the interquartile range of public 4- year institution cost?
  4. What cost would place a public 4-year institution into the lowest 10%?.
  5.  
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