Dolores paid 19239 for her rhino what percentage of walts


One of the cars sold by Walt's car dealership is a very popular subcompact car called the Rhino. The final sale price of the basic model of this car varies from customer to customer depending on the negotiating skills and persistence of the customer. Assume that these sale prices of this car are normally distributed with a mean of $19700 and a standard deviation of $320.

Round your answers to 2 decimal places.

a. Dolores paid $19239 for her Rhino. What percentage of Walt's customers paid less than Dolores for a Rhino?

%

b. Cuthbert paid $20302 for a Rhino. What percentage of Walt's customers paid more than Cuthbert for a Rhino?

%

Solution Preview :

Prepared by a verified Expert
Finance Basics: Dolores paid 19239 for her rhino what percentage of walts
Reference No:- TGS02317297

Now Priced at $20 (50% Discount)

Recommended (95%)

Rated (4.7/5)