Question: Please explain to me the process on how to get these answers? What formula? What is the topic on this please explain and provide full
Please explain to me the process on how to get these answers? What formula? What is the topic on this please explain and provide full solution. Thanks.

QUESTION GROUP F deviation $2.50 Americans spend a lot of money on fast food. A study showed that the amount spent per year is over $1200, and that the amount per meal is normally distributed with mean $12.50 per meal and standard . What is the probability that a randomly selected meal will cost at least $14.50? o Answer: [a] (round your answer to 4 decimal places, e.g., 0.1234) . What is the minimum cost of the most costly 5% of all meals? o Answer: $[b] (do not enter the $ sign; round your answer to 2 decimal places, e.g., xx. 12) . What proportion of meals are between $12.50 and $14.50? o Answer: [c] (round your answer to 4 decimal places, e.g., 0.1234) . What is the cost at the first quartile? o Answer: $[d] (do not enter the $ sign; round your answer to 2 decimal places, e.g., xx. 12) Suppose Canadians spend the same mean of $12.50 per meal, but with a different but unknown standard deviation. If we know that the probability of a randomly chosen meal exceeding $14.50 is 0.0548, what is the standard deviation? o Answer: $[e] (do not enter the $ sign; round your answer to 2 decimal places, e.g., xx. 12) Specified Answer for: a 0.2119 Specified Answer for: b 16.6121 Specified Answer for: c 0.2881 Specified Answer for: d @ 10.8125
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