A recent survey by the American Automobile Association showed that a family of two adults and two children on vacation in the United States will pay an average of $247 per day for food and lodging with a standard deviation of $60 per day. Assuming the data are normally distributed, find, to the nearest hundredth, the z-scores for each of
Chapter 1, Application 1.4 #2
A recent survey by the American Automobile Association showed that a family of two adults and two children on vacation in the United States will pay an average of $247 per day for food and lodging with a standard deviation of $60 per day. Assuming the data are normally distributed, find, to the nearest hundredth, the z-scores for each of the following vacation expense amounts.
a. $197 per day.
b. $277 per day.
c. $310 per day.
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Related Book For
Financial Algebra Advanced Algebra With Financial Applications
2nd Edition
Authors: Robert Gerver, Richard J. Sgroi
ISBN: 9781337271790