Assume students spend an average of $20.00 on a meal at a restaurant in 2018. Assume the amount of money spent on a restaurant meal is normally distributed and that the standard deviation is $4.
What is the probability a randomly selected student spent more than $22?
What is the probability that a randomly selected student spent between $19 and $21?
Between what two values will the middle 99% of the amounts of money spent fall?
for normal distribution z score =(X-μ)/σx |
1) probability a randomly selected student spent more than $22:
probability = | P(X>22) | = | P(Z>0.5)= | 1-P(Z<0.5)= | 1-0.6915= | 0.3085 |
2)
probability that a randomly selected student spent between $19 and $21 :
probability = | P(19<X<21) | = | P(-0.25<Z<0.25)= | 0.5987-0.4013= | 0.1974 |
3)
for middle 99% values critical z =2.576
therefore middle 99% of the amounts of money spent fall between 20-/+2.576*4 = 9.68 and 30.32
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