The mean annual cost for car insurance for a used car is normally distributed with a me deviation of $29. Would it be unusual for the annual cost to be greater than $425 annua O 0.5646; no, it would not be unusual because the probability is greater than 5%. O 0.4354; no, it would not be unusual because the probability is greater than 5%. O 0.0646; no, it would not be unusual because the probability is greater than 5%. O 0.9354; no, it would not be unusual because the probability is greater than 5%.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The mean annual cost for car insurance for a used car is normally distributed with a mean of $381 and a standard
deviation of $29. Would it be unusual for the annual cost to be greater than $425 annually?
O 0.5646; no, it would not be unusual because the probability is greater than 5%.
0.4354; no, it would not be unusual because the probability is greater than 5%.
O 0.0646; no, it would not be unusual because the probability is greater than 5%.
O 0.9354; no, it would not be unusual because the probability is greater than 5%.
Transcribed Image Text:The mean annual cost for car insurance for a used car is normally distributed with a mean of $381 and a standard deviation of $29. Would it be unusual for the annual cost to be greater than $425 annually? O 0.5646; no, it would not be unusual because the probability is greater than 5%. 0.4354; no, it would not be unusual because the probability is greater than 5%. O 0.0646; no, it would not be unusual because the probability is greater than 5%. O 0.9354; no, it would not be unusual because the probability is greater than 5%.
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