Elizabeth is going to invest $480 and leave it in an account for 8 years. Assuming the interest is compounded continuously, what
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Answer:
0.018 is the required probability.
Step-by-step explanation:
We are given the following information in the question:
Mean, μ = 60,000 miles
Standard Deviation, σ = 1500 miles
We are given that the distribution of tread life is a bell shaped distribution that is a normal distribution.
Formula:
P(brand will last between 56,850 miles and 57,300 miles)
0.018 is the probability a certain tire of this brand will last between 56,850 miles and 57,300 miles.