The figure illustrates a normal distribution for the prices paid for a particular model of a new car. The meand is $12,000 and the standard deviation is -99.7% 95%- +68%- $500. Use the 68-95-99.7 Rule to find the percentage of buyers who paid between $10,500 and $12,000. 10,500 11,b00 11,300 12,00 12,500 13,000 13,500 Price of a Model of a New Car What percentage of buyers paid between $10,500 and $12,000? Number of Car Buyers

The figure illustrates a normal distribution for the prices paid for a particular model of a new car. The meand is $12,000 and the standard deviation is -99.7% 95%- +68%- $500. Use the 68-95-99.7 Rule to find the percentage of buyers who paid between $10,500 and $12,000. 10,500 11,b00 11,300 12,00 12,500 13,000 13,500 Price of a Model of a New Car What percentage of buyers paid between $10,500 and $12,000? Number of Car Buyers

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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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

100%

-99.7%-
95%-
The figure illustrates a normal
distribution for the prices paid for a
particular model of a new car. The mean
is $12,000 and the standard deviation is
$500.
+68%-
Use the 68-95-99.7 Rule to find the
percentage of buyers who paid between
$10,500 and $12,000.
10,500 11,00 11,500 12,000 12,S00 13,000 13,5o0
Price of a Model of a New Car
What percentage of buyers paid between $10,500 and $12,000?
%
Number of Car Buyers

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