For the next 4 cars that are sampled, what is the probability that the 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 < 14,500).

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

Vehicle type/class Year Make Model Price MPG (city) MPG (highway) Cylinder Suv 2018 Chevrolet Equinox LT 19,988 26 32 4 Suv 2022 Mercedes-Benz GLC 66,500 22 29 4 Suv 2022 Volvo XC60 69,500 57 27 6 Suv 2022 Hyundai Tucson 36,800 26 33 6 Suv 2022 Honda CR-V 36,200 27 34 6 Suv 2021 Chevrolet Trax LT 18,880 24 30 6 Suv 2021 Hyundai Kona SE 18,388 27 33 6 Suv 2018 Buick Encore Preferred 17,988 25 33 6 Suv 2017 Nissan Rogue S 15,935 26 33 4 Suv 2016 Chevrolet Equinox LT $14,828 22 32 4 Super car 2015 Porsche 918 'Weissach' Spyder 1,400,000.00 20 24 8 Mean 155,910 Median 19,988 Standard Deviation 413088.6541