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The room rate for a three-star hotel in Paris follows a normal distribution with a mean of 175 euros and a standard deviation of 16
The room rate for a three-star hotel in Paris follows a normal distribution with a mean of 175 euros and a standard deviation of 16 euros.
Draw a normal curve and highlight corresponding areas.
1) What is the median room rate?
2) What is the room rate in the third quartile (Q3)?
3) What is the room rate in the 20th percentile?
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