lest: Final . .. Question 11 of 25 This question: 8 point(s) possible Submit test tis According to a recent survey, the average daily rate for a luxury hotel is $238.79. Assume the daily rate follows a normal probability distribution with a standard deviation of $21.39. Complete parts a through d below. . . ... a. What is the probability that a randomly selected luxury hotel's daily rate will be less than $254? He (Round to four decimal places as needed.) 640 b. What is the probability that a randomly selected luxury hotel's daily rate will be more than $266? (Round to four decimal places as needed.) c. What is the probability that a randomly selected luxury hotel's daily rate will be between $243 and $263? nts (Round to four decimal places as needed.) d. The managers of a local luxury hotel would like to set the hotel's average daily rate at the 75th percentile, which is the rate below which 75% of hotels' rates are set. What rate should they choose for their hotel? source The managers should choose a daily rate of $ (Round to the nearest cent as needed.) Video & Resource Library Resourc Options Time Remaining: 00:55:16 Next ication To