For the most recent year available, the mean annual cost to attend a private university in the United States was $20,132. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,450 Ninety percent of all students at private universities pay less than what amount? (Round z value to 2 decimal places and your final answer to the nearest whole number.) Amount

Essentials of Business Analytics (MindTap Course List)
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Author:Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
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Chapter6: Statistical Inference
Section: Chapter Questions
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For the most recent year available, the mean annual cost to attend a private university in the United States was $20,132. Assume the
distribution of annual costs follows the normal probability distribution and the standard deviation is $4,450
Ninety percent of all students at private universities pay less than what amount? (Round z value to 2 decimal places and your final
answer to the nearest whole number.)
Amount
Transcribed Image Text:For the most recent year available, the mean annual cost to attend a private university in the United States was $20,132. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,450 Ninety percent of all students at private universities pay less than what amount? (Round z value to 2 decimal places and your final answer to the nearest whole number.) Amount
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