The average cost of a vehicle at a particular dealership is $19,500, with a standard deviation of $1,800. The cost of vehicles at this dealersip is normally distributed. а. What is the probability that a vehicle at this dealership costs less than $20,000? b. What is the probability that a vehicle at this dealership costs more than $25,000? с. What is the probability that a vehicle at this dealership costs between $18,000 and $22,000?
The average cost of a vehicle at a particular dealership is $19,500, with a standard deviation of $1,800. The cost of vehicles at this dealersip is normally distributed. а. What is the probability that a vehicle at this dealership costs less than $20,000? b. What is the probability that a vehicle at this dealership costs more than $25,000? с. What is the probability that a vehicle at this dealership costs between $18,000 and $22,000?
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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Transcribed Image Text:The average cost of a vehicle at a particular dealership is $19,500, with a standard deviation of $1,800.
The cost of vehicles at this dealersip is normally distributed.
а.
What is the probability that a vehicle at this dealership costs less than $20,000?
b.
What is the probability that a vehicle at this dealership costs more than $25,000?
с.
What is the probability that a vehicle at this dealership costs between $18,000 and $22,000?
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