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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. Find the annual cost of car insurance for a used car that separates the top 20% of applicants from the bottom 80%. O $343.84 $405.41 O $418.16 $356.59

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. Find the annual cost of car insurance for a used car that separates the top 20% of applicants from the bottom 80%. O $343.84 $405.41 O $418.16 $356.59

MATLAB: An Introduction with Applications
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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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. Find the annual cost of car insurance for a used car that separates the top 20% of applicants from the bottom 80%. $343.84 $405.41 $418.16 O $356.59
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. Find the annual cost of car insurance for a used car that separates the top 20% of applicants from the bottom 80%. $343.84 $405.41 $418.16 O $356.59
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