Automobile repair cost is reported to have an average cost of $367 per repair. Assume that the

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Automobile repair cost is reported to have an average cost of $367 per repair. Assume that the cost of automobile repair is normally distributed with a standard deviation of $88. Answer the following questions about the cost of automobile repair.

a. What is the probability that the cost will be more than $470?

b. What is the probability that the cost will be between $250 and $470?

c. If the cost for your car repair is in the lower 5% of automobile repair charges, what is your cost?

Posted Date: Oct 29, 2021 12:26 AM

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Automobile repair cost is reported to have an average cost of $367 per repair. Assume that the

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a 01210 b 07872 c 22224 To find these probabilities we need to compute the z scor... View the full answer

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