hfff8150 hfff8150
  • 02-11-2017
  • Business
contestada

D. what is the cost for the 3% highest domestic airfares? (rounded to nearest dollar)

Respuesta :

W0lf93
W0lf93 W0lf93
  • 12-11-2017
Assuming a standard deviation of $110 and normal distribution for domestic airfare, and a mean cost of $385, P ( Z > x ) = 0.03 Value of z to the cumulative probability of 0.03 from normal table is 1.88 P( x-u/ (s.d) > x - 385/110) = 0.03 That is, ( x - 385/110) = 1.88 --> x = 1.88 * 110+385 = 591.91
Answer Link

Otras preguntas

how do a cell reproduce?
how many significant digits are in 80,000
how to round 43 to the nearest ten
Please help and explain how to do it
do you think a single issue party could be widely accepted in the United States
Which group of words is a sentence fragment? A. Wolves are wild animals. B. Wolves and dogs are close relatives. C. A wolf can run up to 40 miles a day. D. As a
Britain saw its colonies as a source of
Suppose there are 297 students going on a field trip. If each schoolbus can carry 58 students estimate the number of buses that will be needed to transport all
What is negative 94/21 converted into a positive number?
how do you represent real- world problems involving ratios and rates with tables and graphs? PLEASE HELP! 10 POINTS!!!!!!