Assume that a random variable is normally distributed with a mean of 1,500 and a variance of
Question:
Assume that a random variable is normally distributed with a mean of 1,500 and a variance of 324.
a. What is the probability that a randomly selected value will be greater than 1,550?
b. What is the probability that a randomly selected value will be less than 1,485?
c. What is the probability that a randomly selected value will be either less than 1,475 or greater than 1,535?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Business Statistics
ISBN: 9781292220383
10th Global Edition
Authors: David Groebner, Patrick Shannon, Phillip Fry
Question Posted: