Not everyone pays the same price for the same model of a car. The figure illustrates a normal distribution for the - 99.7%- 95% -68%- prices paid for a particular model of a new car. The mean is $22,000 and the standard deviation is $2000. Use the 68-95-99.7 Rule to find what percentage of buyers paid between $20,000 and $24,000. 24 26 28 Price of a Model of a New Car (Thousands) 16 18 20 22 The percentage of buyers who paid between $20,000 and $24,000 is %. Number of Car Buyers

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
icon
Related questions
Question
Not everyone pays the same price for
the same model of a car. The figure
-99.7%
-95%
+68%
illustrates a normal distribution for the
prices paid for a particular model of a
new car. The mean is $22,000 and the
standard deviation is $2000.
Use the 68-95-99.7 Rule to find what
percentage of buyers paid between
$20,000 and $24,000.
24
22
Price of a Model of a New Car (Thousands)
16
18
20
26
28
The percentage of buyers who paid between $20,000 and $24,000 is
%.
Number of Car Buyers
Transcribed Image Text:Not everyone pays the same price for the same model of a car. The figure -99.7% -95% +68% illustrates a normal distribution for the prices paid for a particular model of a new car. The mean is $22,000 and the standard deviation is $2000. Use the 68-95-99.7 Rule to find what percentage of buyers paid between $20,000 and $24,000. 24 22 Price of a Model of a New Car (Thousands) 16 18 20 26 28 The percentage of buyers who paid between $20,000 and $24,000 is %. Number of Car Buyers
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Knowledge Booster
Point Estimation, Limit Theorems, Approximations, and Bounds
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, statistics and related others by exploring similar questions and additional content below.
Recommended textbooks for you
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill