Recall the car data set you identified in Week 2. We know that this data set is normally distributed using the mean and SD you calculated. (Be sure you use the numbers without the supercar outlier)

For the next 4 cars that are sampled, what is the probability that the price will be less than $500 dollars below the mean? Make sure you interpret your results.

Please note: we are given a new sample size, we will need to calculate a new SD. Then, to find the value that is $500 below the mean you will need to take the mean and subtract $500 from it. For example, if the mean is $15,000 then $500 below this would be $14,500.

Thus the probability you would want to find is P(x

For the next 4 cars that are sampled, what is the probability that the price will be higher than $1000 dollars above the mean? Make sure you interpret your results. Use the same logic as above. If your mean is $15,000 then $1,000 above is 15,000 + 1,000 = $16,000.

Thus the probability you would want to find is P(x > 16,000).

For the next 4 cars that are sampled, what is the probability that the price will be equal to the mean? Make sure you interpret your results. Use the same logic as above.

For the next 4 cars that are sampled, what is the probability that the price will be $1500 within the mean? Make sure you interpret your results. Use the same logic as above.

Vehicle Statistics Vehicle Type Year Make Model Price MPG (City) MPG (Highway) Brief Rational Vehicle Weight SUV 2022 Buick Envision 32,888 24 31 Roomy/MPG 3,692 Ibs SUV 2022 Chevrolet Equinox 37,365 24 30 Style/Personal 3,274 Ibs SUV 2022 Hyundai Palisade 47,645 19 25 Second vehicle 4,127 lbs SUV 2022 Mazda CX-5 34,048 24 30 MPG/Style 3,728 lbs SUV 2022 Chevrolet Trax Lt 26,575 23 30 Model/Reviews 3,124 lbs SUV 2022 Buick Envision 32,388 24 31 Style/Classy 3,755 Ibs Truck 2022 Chevrolet Silverado 58,740 16 20 Dependable 4,400 lbs Truck 2022 Ford F150 56,147 19 22 Space 4,069 Ibs Truck 2022 Toyota Tundra Platinum 69,893 19 22 Classy/Dream Truck 5,380 lbs SUV 2022 Subaru Forester 38,809 26 33 MPG/Space 3,454 Ibs Qualitative Qualitative Qualitative Qualitative Quantitative Quantitative Quantitative Qualitative Quantitative MEAN: 43,450 MEDIAN: 38,087 SD: 13332.22114 SAMPLE SIZE: 10