7) Automobile Repair Costs. Automobile repair costs continue to rise with an average 2015 cost of $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. What is the probability that the cost will be more than $450? What is the probability that the cost will be less than $250? What is the probability that the cost will be between $250 and $450?
7) Automobile Repair Costs. Automobile repair costs continue to rise with an average 2015 cost of $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. What is the probability that the cost will be more than $450? What is the probability that the cost will be less than $250? What is the probability that the cost will be between $250 and $450?
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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7) Automobile Repair Costs. Automobile repair costs continue to rise with an average 2015 cost of $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is
- What is the
probability that the cost will be more than $450? - What is the probability that the cost will be less than $250?
- What is the probability that the cost will be between $250 and $450?
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