Please show how to solve step by step. thanks A. A study of homeowners in the 5t
ID: 3371695 • Letter: P
Question
Please show how to solve step by step. thanks
A. A study of homeowners in the 5th congressional district in Maryland found that their annual household incomes are normally distributed with a mean of $41,182 and a standard deviation of $11,990 (based on data from Nielsen Media Research). What percentage of household incomes are between $25,000 and $40,000? o 53.93% 62.5% ? 28.23% 37.22% B. An airline knows from experience that the distribution of the number of suitcases that get lost each week on a certain route is approximately normal with 15.5 and ?-36. What is the probability that during a given week the airline will lose less than 20 suitcases? 0.8944 0.1056 ? 0.3944 0.4040Explanation / Answer
Solution A:
X follows normal distribution with mean=41182 sd=11990
P(25000<X<40000)
z=x-mean/sd
(25000-41182/)11990<Z<(40000-41182)/11990
P(-1.35<Z<-0.1)
P(Z<-0.1)-P(Z<-1.35)
=(1-P(Z<0.1)-(1-P(Z<1.35))
=(1-0.5398)-(1-0.9115)
=0.3717
=0.3717*100
=37.17%
ANSWER:37.17%
SolutionB:
mean=15.5
sd=3.6
P(X<20)
P(Z<20-15.5/3.6)
=P(Z<1.25)
From standard normal tables
=0.8944
ANSWER:0.8944
option A
37.22%
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