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You may need to use the appropriate appendix table to answer this question. Automobile repair costs continue to rise wit
Posted: Tue Apr 26, 2022 5:59 pm
by answerhappygod
- You May Need To Use The Appropriate Appendix Table To Answer This Question Automobile Repair Costs Continue To Rise Wit 1 (29.96 KiB) Viewed 35 times
You may need to use the appropriate appendix table to answer this question. Automobile repair costs continue to rise with the average cost now at $367 per repair. Assume that the cost for an automobile repair is normally distributed with a standard deviation of $83. Answer the following questions about the cost of automobile repairs. (a) What is the probability that the cost will be more than $480? (Round your answer to four decimal places.) 0.1003 (b) What is the probability that the cost will be less than $2707 (Round your answer to four decimal places.) 0.1003 (c) What is the probability that the cost will be between S270 and $430? (Round your answer to four decimal places.) 0.1357 (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.) $ 222.68