Question
In: Statistics and Probability
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to an all-time high of $385 per ticket. Airfares were based on the total ticket value, which consisted of the price charged by the airlines plus any additional taxes and fees. Assume domestic airfares are normally distributed with a standard deviation of $120. Use Table 1 in Appendix B. a. What is the probability that a domestic airfare is $560 or more (to 4 decimals)? b. What is the probability that a domestic airfare is $260 or less (to 4 decimals)? c. What if the probability that a domestic airfare is between $310 and $510 (to 4 decimals)? d. What is the cost for the 2% highest domestic airfares? (rounded to nearest dollar) $ or more/less.
Solutions
orchestra answered 2 years agoRelated Solutions
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $370 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$120. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $550 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $385 per ticket (Bureau of Transportation
Statistics website, November 2, 2012 ). Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$110.
a. What is the probability that a domestic
airfare is $550 or more (to 4 decimals)?
b....
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $400 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$120. Use Table 1 in Appendix B.
What is the probability that a
domestic airfare is $530 or more (to 4 decimals)?
b. What is the probability...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $400 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$120. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $560 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $375 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$100. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $540 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $385 per ticket.† Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$110.
(a)
What is the probability that a domestic airfare is $561 or more?
(Round your answer to four decimal places.)
(b)
What is the probability that...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $370 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$100. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $530 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $400 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$115. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $560 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $400 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$105. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $530 or more (to 4 decimals)?
b. What is the...
The mean cost of domestic airfares in the United States rose to an all-time high of...
The mean cost of domestic airfares in the United States rose to
an all-time high of $400 per ticket. Airfares were based on the
total ticket value, which consisted of the price charged by the
airlines plus any additional taxes and fees. Assume domestic
airfares are normally distributed with a standard deviation of
$100. Use Table 1 in Appendix B.
a. What is the probability that a domestic
airfare is $540 or more (to 4 decimals)?
b. What is the...
ADVERTISEMENT
ADVERTISEMENT
Latest Questions
- Java Part 2 of 4 - Amusement Park Programming Project MUST BE COMPATIBLE WITH PART 1...
- Show that any number that ends in 9 if squared ends at 1.
- which architechtural pattern is suitable to appliactio in which data is genrated by one computer and...
- The Double.parseDouble() method requires a String argument, but it fails if the String cannot be converted...
- various provisions of IFRS/FASB related to Franchise Accounting
- I am struggling with this assignment for my java class. Objectives: Your program will be graded...
- For a summer camp, just kinda make up stuff describe the organizational structure of the project....
ADVERTISEMENT