Question: You may need to use the appropriate appendix table to answer this question.The mean cost of domestic airfares in the United States rose to an
You may need to use the appropriate appendix table to answer this question.The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $110.
(a)What is the probability that a domestic airfare is $517 or more? (Round your answer to four decimal places.)
(b)What is the probability that a domestic airfare is $210 or less? (Round your answer to four decimal places.)
(c)What is the probability that a domestic airfare is between $320 and $490? (Round your answer to four decimal places.)
(d)What is the minimum cost in dollars for a fair to be included in the highest 9% of domestic airfares? (Round your answer to the nearest integer.)
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