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The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X<175) = (ii) more than $210 0.516

The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X<175) = (ii) more than $210 0.516

MATLAB: An Introduction with Applications
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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(i) top 4% of average daily rates from the rest of the daily rates or from the bottom 96% of average daily rates $0.00 Round to 2 decimal places. X= (ii) bottom 10% of average daily rates from the rest of the daily rates I ww Round to 2 decimal places. $0.00 (iii) middle 65% of average daily rates from the rest of the daily rates $0.00 << - O $0.00 SAMSUNG SUBMIT QUESTION SAVE PROGRESS SUBM ENG
Transcribed Image Text:(i) top 4% of average daily rates from the rest of the daily rates or from the bottom 96% of average daily rates $0.00 Round to 2 decimal places. X= (ii) bottom 10% of average daily rates from the rest of the daily rates I ww Round to 2 decimal places. $0.00 (iii) middle 65% of average daily rates from the rest of the daily rates $0.00 << - O $0.00 SAMSUNG SUBMIT QUESTION SAVE PROGRESS SUBM ENG
The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X <175) = (ii) more than $210 0.516 SAMSUNG SUBMIT QUESTION SAVE PROGRESS SUBMIT AS ENG
Transcribed Image Text:The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X <175) = (ii) more than $210 0.516 SAMSUNG SUBMIT QUESTION SAVE PROGRESS SUBMIT AS ENG
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