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Q 1. Prices of University textbooks are normally distributed with a mean price of $95.37 and a standard deviation of 59.43. (a) What is the
Q 1.
Prices of University textbooks are normally distributed with a mean price of $95.37 and a standard deviation of 59.43.
(a) What is the probability that a randomly selected textbook will cost between $120 and $160?
(b) How much do the most expensive 3% of all textbooks cost?
(c) If you buy 7 textbooks, what is the probability that the average price is less than $100?
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