Suppose a population contains 20,000 people. All else being equal, a study based on a population sample that includes which of t
2 answers:
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Answer:
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
Step-by-step explanation:
Problems of normally distributed samples are solved using the z-score formula.
In a set with mean and standard deviation
, the zscore of a measure X is given by:
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.
In this question, we have that:
What is the probability that a randomly selected airfare between these two cities will be between $325 and $425?
This is the pvalue of Z when X = 425 subtracted by the pvalue of Z when X = 325. So
X = 425
has a pvalue of 0.7088
X = 325
has a pvalue of 0.1814
0.7088 - 0.1814 = 0.5274
52.74% probability that a randomly selected airfare between these two cities will be between $325 and $425
Functions can be represented using equations, graphs and tables.
The function is given as:
When l = 1, we have:
When l = 2, we have:
When l = 3, we have:
When l = 4, we have:
Represent the above results as a table, we have:
<u>l a(l)</u>
1 0.5
2 2.0
3 4.5
4 8.0
Read more about tables and functions at: