The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $100. Use Table 1 in Appendix B. d.  What is the cost for the 5% highest domestic airfares? (rounded to nearest dollar) $ or - Select your answer -moreless

A First Course in Probability (10th Edition)
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Chapter1: Combinatorial Analysis
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The mean cost of domestic airfares in the United States rose to an all-time high of $400 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $100. Use Table 1 in Appendix B.

d.  What is the cost for the 5% highest domestic airfares? (rounded to nearest dollar)
$ or - Select your answer -moreless

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