MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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According to an annual survey conducted by TheKnot.com, the mean cost of a wedding in
2017 was $33,391 (yikes!). Suppose the cost for a wedding is normally distributed, with a
population standard deviation of $1500, and a wedding is randomly selected.
a. What is the probability a randomly selected wedding costs more than $35,000?
b. Suppose a random sample of 16 weddings is taken. What is the probability that the
average cost is greater than $35,000?
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Transcribed Image Text:According to an annual survey conducted by TheKnot.com, the mean cost of a wedding in 2017 was $33,391 (yikes!). Suppose the cost for a wedding is normally distributed, with a population standard deviation of $1500, and a wedding is randomly selected. a. What is the probability a randomly selected wedding costs more than $35,000? b. Suppose a random sample of 16 weddings is taken. What is the probability that the average cost is greater than $35,000?
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