Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Private nonprofit four-year colleges charge, on average, $27,469 per year in tuition and fees. The standard deviation is $7,190. Assume the distribution is normal.
Private nonprofit four-year colleges charge, on average, $27,469 per year in tuition and fees. The standard deviation is $7,190. Assume the distribution is normal. Let X be the cost for a randomly selected college. Round all answers to 4 decimal places where possible. a. What is the distribution of X? X - N( b. Find the probability that a randomly selected Private nonprofit four-year college will cost less than 28,003 per year. c. Find the 79th percentile for this distribution. $ (Round to the nearest dollar.)
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started