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For the next 4 cars that are sampled, what is the probability that their average price will be less than $500 dollars below the mean?

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For the next 4 cars that are sampled, what is the probability that their average price will be less than $500 dollars below the mean? Make sure you interpret your results.

Please note: we are given a new sample size, we will need to calculate a new SD. Then, to find the value that is $500 below the mean you will need to take the mean and subtract $500 from it. For example, if the mean is $15,000 then $500 below this would be $14,500. Thus the probability you would want to find is P(x

For the next 4 cars that are sampled, what is the probability that their average price will be higher than $1000 dollars above the mean? Make sure you interpret your results. Use the same logic as above. If your mean is $15,000 then $1,000 above is 15,000 + 1,000 = $16,000. Thus the probability you would want to find is P(x > 16,000).

For the next 4 cars that are sampled, what is the probability that their average price will be equal to the mean? Make sure you interpret your results. Use the same logic as above.

For the next 4 cars that are sampled, what is the probability that their average price will be $1500 within the mean? Make sure you interpret your results. Use the same logic as above.

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Vehicle type/class Year Make Model Price MPG (city) MPG (highway) Cargo Space (cu ft) Reason for Choice SUV 1999 Cadillac Escalade 4710 11 15 118.2 First vehicle purchased. SUV 2009 Cadillac Escalade 17104 12 19 108.9 Second vehicle purchased. Truck 2001 Chevrolet Silverado 3668 13 16 First truck driven loaned to me by my dad. Car 2015 Chevrolet Malibu 14388 25 36 16.3 Vehicle my wife drives SUV 2017 Cadillac Escalade 53368 15 20 15.2 Vehicle my grandfather drives Car 2002 Volkswagen ioH 3825 21 28 18 Vehicle that I owned and drove in Germany. Truck 2010 GM Yukon 11140 21 22 108.9 Vehicle that I a Car 2021 Audi A8 87545 17 26 12.5 Vehicle that my wife would like to upgrade to. Car 201 Infiniti EX 15201 17 24 18.6 one of y roommate Car 2006 Mercedes-Benz S-350 6759 16 23 15.4 Vehicle that one of my roommates drives. Qualitative Qualitative Qualitative Qualitative Quantitative Quantitative Quantitative Quantitative Mean 22270.8 16.8 22.9 43.2 The mean for the MPG was not that far off from the median when it comes to Median 12764 16.5 22.5 17.2 MPG for the vehicles. The deviation was fairly high for the price since some bordered on the lower end and some on the higher end. When it came to Deviation 25621.8 4.2 5.8 45.4 cargo space you could see that the truck threw off the calculations since it technically has no cargo space aside from the bed of the truck

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