The selling price of a new car is normally distributed with an average of $19110 and a standard deviation of $2920. What proportion of new cars will sell for more than $17700? 0.6323 0.7619

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 23PFA
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The selling price of a new car is normally distributed with an average of $19110 and
a standard deviation of $2920. What proportion of new cars will sell for more than
$17700?
O 0.6323
O 0.7619
O 0.5888
0.4173
0.6854
Transcribed Image Text:The selling price of a new car is normally distributed with an average of $19110 and a standard deviation of $2920. What proportion of new cars will sell for more than $17700? O 0.6323 O 0.7619 O 0.5888 0.4173 0.6854
Expert Solution
Step 1

Let X denotes a selling price of a new car.

Here, X follows normal distribution with mean value of $19,110 and standard deviation of $2,920.

 

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