Question
Not everyone pays the same price for the same model of a car. The figure illustrates a normal distribution for the prices paid for
Not everyone pays the same price for the same model of a car. The figure illustrates a normal distribution for the prices paid for a particular model of a new car. The mean is $21,000 and the standard deviation is $2000. Use the 68-95-99.7 Rule to find the percentage of buyers who paid less than $15,000. Number of Car Buyers -99.7%- 95%- -68%- 15 25 Price of a Model of a New Car (Thousands). The percentage of buyers who paid less than $15,000 is %. 27 Next
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Exploring Economics
Authors: Robert L Sexton
5th Edition
978-1439040249, 1439040249
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