Economic

New York City is the most expensive city in the United States for lodging. The mean hotel room rate is $205 per night (USA Today, April 30, 2012). Assume that room rates are normally distributed with a standard deviation of $54. a. What is the probability that a hotel room costs $227 or more per night (to 4 decimals) 7 Type your answer here b. What is the probability that a hotel room costs less than $140 per night (to 4 decimals)? Type your answer here c. What is the probability that a hotel room costs between $201 and $300 per night (to 4 decimals)? Type your answer here d. What is the cost of the 20%% most expensive hotel rooms in New York City7 Round up to the next dollar (Hint. Find the both percentile of hotel room rates in $) Type your answer here or higher