Question: solve it According to a recent survey, the average daily rate for a luxury hotel is $232.16. Assume the daily rate follows a normal probability
solve it
According to a recent survey, the average daily rate for a luxury hotel is $232.16. Assume the daily rate follows a normal probability distribution with a standard deviation of 321.56. Complete parts a through d below. a. What is the probability that a randomly selected luxury hotel's daily rate will be less than $2517 [| (Round to four decimal places as needed.)Step by Step Solution
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