Each year a company must send one official to a meeting in China and one to a meeting in France. Airline ticket prices v

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Each Year A Company Must Send One Official To A Meeting In China And One To A Meeting In France Airline Ticket Prices V 1 (131.54 KiB) Viewed 91 times

Each year a company must send one official to a meeting in China and one to a meeting in France. Airline ticket prices vary from time to time. The price of tickets to China has a mean of 2100 dollars and a standard deviation of 150 dollars. The mean and standard deviation for the tickets to France are 900 and 60 dollars respectively. The total amount that the company spends is thus X + Y. The mean of the total amount that the company has to spend to send these officials $2284.7319 $1890000 $3000 none in this list Submit Answer Tries 0/4 The standard deviation of the total amount that the company has to spend to send these officials $26100.00 $161.55 $210 Submit Answer Tries 0/4 Now assume the the prices are normally distributed with means and standard deviations given above. If the company has a budget of 3404 dollars, what is the probability that both the officials can go to their meetings? 0.4938 0.5062 0.0062 0.9938 Submit Answer Tries 0/4