Discover answers to your questions with Westonci.ca, the leading Q&A platform that connects you with knowledgeable experts. Our platform connects you with professionals ready to provide precise answers to all your questions in various areas of expertise. Get quick and reliable solutions to your questions from a community of experienced experts on our platform.
Sagot :
Answer:
P(X > 25) = 0.69
Step-by-step explanation:
Normal Probability Distribution:
Problems of normal distributions can be solved using the z-score formula.
In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.
The sale prices for a particular car are normally distributed with a mean and standard deviation of 26 thousand dollars and 2 thousand dollars, respectively.
This means that [tex]\mu = 26, \sigma = 2[/tex]
Find P(X>25)
This is 1 subtracted by the pvalue of Z when X = 25. So
[tex]Z = \frac{X - \mu}{\sigma}[/tex]
[tex]Z = \frac{25 - 26}{2}[/tex]
[tex]Z = -0.5[/tex]
[tex]Z = -0.5[/tex] has a pvalue of 0.31
1 - 0.31 = 0.69.
So
P(X > 25) = 0.69
Thanks for using our service. We're always here to provide accurate and up-to-date answers to all your queries. Thank you for choosing our platform. We're dedicated to providing the best answers for all your questions. Visit us again. Thank you for visiting Westonci.ca. Stay informed by coming back for more detailed answers.
