A wine industry association reports in its e-newsletter that a particular fine wine is being marketed by online wine distributors with an average market price of $125 per bottle and standard deviation of $12, with the distribution of prices being approximately bell-shaped. One boutique wine distributor is concerned by this report as it is charging $50 per bottle for this particular wine.

Between what two price points would approximately 68% of prices fall? Between what two numbers would 95% of the prices fall? Between what two values would 99.7% of the prices fall?Write a short report informing the distributor whether the current price being charged is comparable to others.

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-0.3 2001 EC