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Problem:1) The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220.Furthermore, it is known that the computer
Problem:1) The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220.Furthermore, it is known that the computer prices manufactured by MNM are normally distributed.DO NOT ROUND YOUR NUMBERS.
a.What is the probability that a randomly selected computer will have a price of at least $1,530?
Computers with prices of more than $1,750 receive a discount.What percentage of the computers will receive the discount?
What are the minimum and the maximum values of the middle 95% of computer prices?
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