Answered: Furnace repair bills are normally…

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section: Chapter Questions

Problem 24SGR

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Question 16

Furnace repair bills are normally distributed with a mean of 265 dollars and a standard deviation of 25 dollars. If 100 of these repair bills are randomly selected, find the probability that they have a mean cost between 265 dollars and 267 dollars. Round to four decimal places.

Features Features Normal distribution is characterized by two parameters, mean (µ) and standard deviation (σ). When graphed, the mean represents the center of the bell curve and the graph is perfectly symmetric about the center. The mean, median, and mode are all equal for a normal distribution. The standard deviation measures the data's spread from the center. The higher the standard deviation, the more the data is spread out and the flatter the bell curve looks. Variance is another commonly used measure of the spread of the distribution and is equal to the square of the standard deviation.

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