Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Check My Work eBook The XO Group Inc. conducted a survey of 13,000 brides and grooms married in the United States and found that the

image text in transcribed
Check My Work eBook The XO Group Inc. conducted a survey of 13,000 brides and grooms married in the United States and found that the average cost of a wedding is $29,858 (XO Group website, January 5, 2015). Assume that the cost of a wedding is normally distributed with a mean of $29,858 and a standard deviation of $5,600. a. What is the probability that a wedding costs less than $20,000 (to 4 decimals)? 0.0392 b. What is the probability that a wedding costs between $20,000 and $30,000 (to 4 decimals)? 0.4709 c. For a wedding to be among the 5% most expensive, how much would it have to cost (to the nearest whole number)? Hide Feedback Partially Correct Check My Work

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Measure And Integral

Authors: Martin Brokate, Götz Kersting

1st Edition

331915365X, 9783319153650

More Books

Students also viewed these Mathematics questions