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Asking about this question below. please give me detail explanations and answers in Excel. Thanks so much! 19. Automobile Repair Costs. Automobile repair costs continue
Asking about this question below. please give me detail explanations and answers in Excel. Thanks so much!
19. Automobile Repair Costs. Automobile repair costs continue to rise with an average 2015 cost of $367 per repair (U.S. News & World Report website). Assume that the cost for an automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repairs. a. What is the probability that the cost will be more than $450? b. What is the probability that the cost will be less than $250? c. What is the probability that the cost will be between $250 and $450? d. If the cost for your car repair is in the lower 5% of automobile repair charges, what is your costStep by Step Solution
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