The mean of domestic airfares in the United States is $385 per ticket. Assume that the domestic airfares are normally distributed with a standard deviation of $110. AA 1. What is the probability that a domestic airfare is less than $500?

The mean of domestic airfares in the United States is $385 per ticket. Assume that the domestic airfares are normally distributed with a standard deviation of $110. AA 1. What is the probability that a domestic airfare is less than $500?

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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Question

What is the probability that a domestic airfare is $400 or more?
What would be the maximum cost of a ticket, if it is in the lower 3% of the distribution of domestic airfares?

The mean of domestic airfares in the United States is $385 per ticket. Assume that the domestic
airfares are normally distributed with a standard deviation of $110.
AA
N915NN
1. What is the probability that a domestic airfare is less than $500?

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