The average daily rate of a hotel in Canada as of August 2018 was $194.65. Assume the average daily rate follows a normal distribution with a standard deviation of $25.50. Standard Normal Distribution Table

a. What is the probability that the average daily rate of a Canadian hotel will be: (i) less than $165 P(X<165)=(<165)=

(ii) more than $210 P(X>210)=(>210)=

(iii) Between $155 and $195 P(155

b. Determine the average daily rates that separate the: (i) top 8% of average daily rates from the rest of the daily rates or from the bottom 92% of average daily rates x==

Round to 2 decimal places.

(ii) bottom 25% of average daily rates from the rest of the daily rates x==

Round to 2 decimal places.

(iii) middle 60% of average daily rates from the rest of the daily rates

Round to 2 decimal places.