Question: You may need to use the appropriate appendix table or technology to answer this question. A group conducted a survey of 13,000 brides and grooms

You may need to use the appropriate appendix table or technology to answer this question.

A group conducted a survey of 13,000 brides and grooms married in the United States and found that the average cost of a wedding is $29,858. Assume that the cost of a wedding is normally distributed with a mean of $29,858 and a standard deviation of $5,500.

What is the minimum cost (in dollars) for a wedding to be included among the most expensive 5% of weddings? (Round your answer to the nearest dollar.)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!