Answered: The graph illustrates a normal…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section: Chapter Questions

Problem 22SGR

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Question

The graph illustrates a normal distribution for the prices paid for a particular model of HD television. The mean price paid is $1600 and the standard deviation is $125.

What is the approximate percentage of buyers who paid between $1350 and $1600?

What is the approximate percentage of buyers who paid between $1475 and $1600?

What is the approximate percentage of buyers who paid between $1475 and $1725?

What is the approximate percentage of buyers who paid more than $1975?

What is the approximate percentage of buyers who paid between $1600 and $1975?

What is the approximate percentage of buyers who paid more than $1850?

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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