Automobile repair costs continue to rise with the average cost now at $367 per repair.t Assume that the cost for an auto
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Automobile repair costs continue to rise with the average cost now at $367 per repair.t Assume that the cost for an auto
Automobile repair costs continue to rise with the average cost now at $367 per repair.t 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. (a) What is the probability that the cost will be more than $460? (Round your answer to four decimal places.) 0.1446 (b) What is the probability that the cost will be less than $290? (Round your answer to four decimal places.) 0.1908 (c) What is the probability that the cost will be between $290 and $460? (Round your answer to four decimal places.) 0.7281 x (d) If the cost for your car repair is in the lower 5% of automobile repair charges, what is your maximum possible cost in dollars? (Round your answer to the nearest cent.) $ 222
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