New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $53. Use Table 1 in Appendix B. a. What is the probability that a hotel room costs $226 or more per night (to 4 decimals)? b. What is the probability that a hotel room costs less than $141 per night (to 4 decimals)?
New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $204 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $53. Use Table 1 in Appendix B. a. What is the probability that a hotel room costs $226 or more per night (to 4 decimals)? b. What is the probability that a hotel room costs less than $141 per night (to 4 decimals)?
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.5: Comparing Sets Of Data
Problem 25HP
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