Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In many U.S. families both parents work outside the home while children attend daycare centers. According to Care.com, the mean cost of full-time childcare is

image text in transcribed
In many U.S. families both parents work outside the home while children attend daycare centers. According to Care.com, the mean cost of full-time childcare is $174 per week in Florida. Assume the distribution is approximately normal and the standard deviation is $40. Find the weekly childcare cost that separates the bottom 1% of all full-time childcare cost in Florida. . .... O A. $123 O B. $50 O C. $225 O D. $81

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

Discrete Mathematics With Applications

Authors: Susanna S Epp, Robert Gatewood,

4th Edition

1133168663, 9781133168669

More Books

Students also viewed these Mathematics questions

Question

Who is present when I give in to my bad habit?

Answered: 1 week ago

Question

What is a competitive round?

Answered: 1 week ago

Question

1. Too understand personal motivation.

Answered: 1 week ago