Upon further reflection, it is believed that the amount of financial aid awarded to students has equal probabilities of being between $9,000 and $14,000. Under this assumption, find the following probabilities:
a) the probability of between $9,900 and $12,100 being awarded
b) the probability of less than $9,200 being awarded
c) the probability of at least $11,400 being awarded
d) the probability of exactly $10,000 being awarded
e) Find the mean amount of aid awarded.
f) Find the variance in the amount of aid awarded.
g) Find the standard deviation in the amount of aid awarded
Get Answers For Free
Most questions answered within 1 hours.