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The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X <175) = = (ii) more than $210 ← SUBMIT QUESTION F SAVE PROGRESS SUBMIT CAROSENG

The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P(X <175) = = (ii) more than $210 ← SUBMIT QUESTION F SAVE PROGRESS SUBMIT CAROSENG

Calculus For The Life Sciences
Calculus For The Life Sciences
2nd Edition
ISBN:9780321964038
Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Chapter13: Probability And Calculus
Section13.CR: Chapter 13 Review
Problem 10CR
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The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P (X < 175) (ii) more than $210 ETT 0 SUNG SUBMIT QUESTION SAVE PROGRESS SUBMIT ENG
Transcribed Image Text:The average daily rate of a hotel in Canada as of August 2018 was $172.85. Assume the average daily rate follows a normal distribution with a standard deviation of $26.60. Standard Normal Distribution Table a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $175 P (X < 175) (ii) more than $210 ETT 0 SUNG SUBMIT QUESTION SAVE PROGRESS SUBMIT ENG
(ii) more than $210 P(X> 210) = (iii) Between $145 and $190 P (145 < X < 190) = b. Determine the average daily rates that separate the: (i) top 4% of average daily rates from the rest of the daily rates or from the bottom 96% of average daily rates $0.00 x= Round to 2 decimal places. ETT SUBMIT QUESTION SAVE PROGRESS SUBM RANG ENG
Transcribed Image Text:(ii) more than $210 P(X> 210) = (iii) Between $145 and $190 P (145 < X < 190) = b. Determine the average daily rates that separate the: (i) top 4% of average daily rates from the rest of the daily rates or from the bottom 96% of average daily rates $0.00 x= Round to 2 decimal places. ETT SUBMIT QUESTION SAVE PROGRESS SUBM RANG ENG
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