A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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Question
ID Cost of Airfares in the US (domestic)
1 146
2 620
3 79
4 299
5 576
6 89
7 589
8 165
9 509
10 23
11 376
12 226
13 462
14 634
15 36
16 226
17 263
18 456
19 390
20 541
21 19
22 329
23 537
24 512
25 423
26 515
27 358
28 110
29 319
30 671
31 561
32 96
33 574
34 385
35 263
36 240
37 449
38 592
39 404
40 119
41 173
42 419
43 495
44 224
45 228
46 616
47 168
48 396
49 524
   
   
   
   

Airfares (as shown in the Excel file for this week’s seminar) were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees.

 

  1. The prices follow normal distribution. Use Excel to plot the density of the prices;

 

You can either use pen and paper or Excel for question 2-5. Please use the z score formula to calculate the question 2-5.

 

  1. What is the probability that a domestic airfare is $550 or more?

What is the probability that a domestic airfare is $250 or less

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