The average sale price of a certain brand of trucks is $41275 with a standard deviation of $1340. Assume normal distribution. Use the Excel formulas from the previous tab and show work on the right. a. The highest 25% paid at least b. The lowest 20% paid at most c. The middle 80% paid between and

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Formula is =NORM.INV(,,,)

The average sale price of a certain brand of trucks is $41275 with a standard
deviation of $1340. Assume normal distribution.
Show work
Use the Excel formulas from the previous tab and show work on the right.
a. The highest 25% paid at least
a.
b. The lowest 20% paid at most
b.
C.
c. The middle 80% paid between
and
Transcribed Image Text:The average sale price of a certain brand of trucks is $41275 with a standard deviation of $1340. Assume normal distribution. Show work Use the Excel formulas from the previous tab and show work on the right. a. The highest 25% paid at least a. b. The lowest 20% paid at most b. C. c. The middle 80% paid between and
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