2. The price of a particular make of a 64GB iPad Mini among dealers nationwide is assumed to follow a Normal model with

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

2. The price of a particular make of a 64GB iPad Mini among dealers nationwide is assumed to follow a Normal model with

Post by answerhappygod »

2. The price of a particular make of a 64GB iPad Mini among
dealers nationwide is assumed to follow a Normal model with mean μ=
$500 and standard deviation σ= 15. Use this description for the
following:
(e) 5% of iPad Minis of the same specs, chosen randomly from a
dealer will be more than what price?
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply