The figure illustrates a normal distribution for the prices paid for a particular model of a -99.7% -95% -68% new car. The mean is $16,000 and the standard deviation is $500. Use the 68-95-99.7 Rule to find the percentage of buyers who paid between $14,500 and $16,000. 14,500 15,000 15,500 16,000 16,500 17,000 17,500 Price of a Model of a New Car What percentage of buyers paid between $14,500 and $16,000? % Number of Car Buyers

The figure illustrates a normal distribution for the prices paid for a particular model of a -99.7% -95% -68% new car. The mean is $16,000 and the standard deviation is $500. Use the 68-95-99.7 Rule to find the percentage of buyers who paid between $14,500 and $16,000. 14,500 15,000 15,500 16,000 16,500 17,000 17,500 Price of a Model of a New Car What percentage of buyers paid between $14,500 and $16,000? % Number of Car Buyers

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Description: What percentage of buyers paid between $14,500 and $16,000? The figure illustrates a normal distributionfor the prices paid for a particular model of a-99.7%--95%+68%new car. The mean is $16,000 and thestandard deviation is $500.Use the 68-95-99.7 Ru

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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Concept explainers

Contingency Table

A contingency table can be defined as the visual representation of the relationship between two or more categorical variables that can be evaluated and registered. It is a categorical version of the scatterplot, which is used to investigate the linear relationship between two variables. A contingency table is indeed a type of frequency distribution table that displays two variables at the same time.

Binomial Distribution

Binomial is an algebraic expression of the sum or the difference of two terms. Before knowing about binomial distribution, we must know about the binomial theorem.

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Question

What percentage of buyers paid between $14,500 and $16,000?

The figure illustrates a normal distribution
for the prices paid for a particular model of a
-99.7%-
-95%
+68%
new car. The mean is $16,000 and the
standard deviation is $500.
Use the 68-95-99.7 Rule to find the
percentage of buyers who paid between
$14,500 and $16,000.
14,500 15,000
15,500
16,000 16,500
17,000
17,500
Price of a Model of a New Car
What percentage of buyers paid between $14,500 and $16,000?
%
Number of Car Buyers

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