Mathematics, 21.02.2020 03:37, mikeeway33
According to a recent survey, the average daily rate for a luxury hotel is $239.67. Assume the daily rate follows a normal probability distribution with a standard deviation of $22.93.Complete parts a through d below. (round each answer to 4 decimal places)a. What is the probability that a randomly selected luxury hotel's daily rate will be less than $259?b. What is the probability that a randomly selected luxury hotel's daily rate will be more than $268?c. What is the probability that a randomly selected luxury hotel's daily rate will be between $236 and $256?d. The managers of a local luxury hotel would like to set the hotel's average daily rate at the 90thpercentile, which is the rate below which 90% of hotels' rates are set. What rate should they choose for their hotel?
Answers: 3
Mathematics, 22.06.2019 03:40, jojojojo5730
How far does the wijw nj jh jevh dhhb vte hbhe gvbf5wf bjehn v
Answers: 1
Mathematics, 22.06.2019 04:00, genyjoannerubiera
Will positive numbers always have a higher absolute value than negative numbers?
Answers: 1
According to a recent survey, the average daily rate for a luxury hotel is $239.67. Assume the daily...
Mathematics, 08.12.2020 19:40
English, 08.12.2020 19:40
Mathematics, 08.12.2020 19:40
Social Studies, 08.12.2020 19:40
Mathematics, 08.12.2020 19:40