MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
Bartleby Related Questions Icon

Related questions

Question
I need help with this problem
### Normal Distribution of HD Television Prices

The graph shows a normal distribution representing the prices paid for a specific model of HD television. Key statistics include:

- **Mean Price:** $1600
- **Standard Deviation:** $110

#### Graph Explanation

The graph is a bell curve illustrating the distribution of prices along the x-axis, ranging from $1270 to $1930. The peak of the curve corresponds to the mean price of $1600. The standard deviation helps determine the spread of the prices around the mean.

### Questions

1. **What is the approximate percentage of buyers who paid more than $1820?**

   [Answer box]

2. **What is the approximate percentage of buyers who paid between $1490 and $1600?**

   [Answer box]

3. **What is the approximate percentage of buyers who paid between $1270 and $1600?**

   [Answer box]

4. **What is the approximate percentage of buyers who paid between $1490 and $1710?**

   [Answer box]

5. **What is the approximate percentage of buyers who paid less than $1270?**

   [Answer box]

6. **What is the approximate percentage of buyers who paid between $1600 and $1820?**

   [Answer box]

This distribution is useful for analyzing purchasing patterns and understanding how prices vary among buyers for this HD television model.
expand button
Transcribed Image Text:### Normal Distribution of HD Television Prices The graph shows a normal distribution representing the prices paid for a specific model of HD television. Key statistics include: - **Mean Price:** $1600 - **Standard Deviation:** $110 #### Graph Explanation The graph is a bell curve illustrating the distribution of prices along the x-axis, ranging from $1270 to $1930. The peak of the curve corresponds to the mean price of $1600. The standard deviation helps determine the spread of the prices around the mean. ### Questions 1. **What is the approximate percentage of buyers who paid more than $1820?** [Answer box] 2. **What is the approximate percentage of buyers who paid between $1490 and $1600?** [Answer box] 3. **What is the approximate percentage of buyers who paid between $1270 and $1600?** [Answer box] 4. **What is the approximate percentage of buyers who paid between $1490 and $1710?** [Answer box] 5. **What is the approximate percentage of buyers who paid less than $1270?** [Answer box] 6. **What is the approximate percentage of buyers who paid between $1600 and $1820?** [Answer box] This distribution is useful for analyzing purchasing patterns and understanding how prices vary among buyers for this HD television model.
Expert Solution
Check Mark
Step 1

Since you have posted a question with multiple sub-parts, we will solve first three subparts for you. To get remaining sub-part solved please repost the complete question and mention the sub-parts to be solved.

From the provided information,

Mean (µ) = 1600

Standard deviation (σ) = 110

X~N (1600, 110)

Knowledge Booster
Background pattern image
Similar questions
Recommended textbooks for you
Text book image
MATLAB: An Introduction with Applications
Statistics
ISBN:9781119256830
Author:Amos Gilat
Publisher:John Wiley & Sons Inc
Text book image
Probability and Statistics for Engineering and th...
Statistics
ISBN:9781305251809
Author:Jay L. Devore
Publisher:Cengage Learning
Text book image
Statistics for The Behavioral Sciences (MindTap C...
Statistics
ISBN:9781305504912
Author:Frederick J Gravetter, Larry B. Wallnau
Publisher:Cengage Learning
Text book image
Elementary Statistics: Picturing the World (7th E...
Statistics
ISBN:9780134683416
Author:Ron Larson, Betsy Farber
Publisher:PEARSON
Text book image
The Basic Practice of Statistics
Statistics
ISBN:9781319042578
Author:David S. Moore, William I. Notz, Michael A. Fligner
Publisher:W. H. Freeman
Text book image
Introduction to the Practice of Statistics
Statistics
ISBN:9781319013387
Author:David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:W. H. Freeman