Suppose the round trip airfare between Boston and Orlando follows the normal probability distribution with a mean of $387.20 and a standard deviation of $68.50.What is the probability that a randomly selected airfare between Boston and San Francisco will be more than $450?
A) 0.1788
B) 0.0788
C) 0.3369
D) 0.2033
Correct Answer:
Verified
Q82: Find the variance of the lognormal variable
Q85: Suppose the round trip airfare between Boston
Q88: On a particular busy section of the
Q89: On a particular busy section of the
Q91: Suppose the round trip airfare between Boston
Q92: The mean travel time to work is
Q94: The time for a professor to grade
Q95: Let the lifetime of a new Jet
Q96: A daily mail is delivered to your
Q98: Find the mean of the lognormal variable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents