Answer:
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Step-by-step explanation:
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Here the graph and what else you need
Answer:
The proportion of piano prices higher than the electric piano is 98.3%
Step-by-step explanation:
The first thing to do here is to calculate the standard score of the price of the electric piano given.
Mathematically, this is
z-score = (x-mean)/SD
where mean is 3000 and SD is 200, x is 2576
z-score = (2576-3000)/200 = -2.12
Now we proceed to calculate the probability of this z-score
The probability we are trying to calculate is
P( x > $2576) or simply P ( z > -2.12)
Using standard score probability calculator or table, we have
P(x>2576) = 1 - P(x<2576)
But, P(x<2576) = 0.017003
P(x>2576) = 1 - P(x<2576) = 0.983
This is same as 98.3%
