Math Problem Statement

Financial Burden for a Divorce The average amount of financial losses in a divorce is 

$23,943

, according to one survey. Assume that the variable is approximately normally distributed and the standard deviation is 

$3000

. If a randomly selected divorced person is chosen, find the probabilities. Use a TI-83 Plus/TI-84 Plus calculator and round the answers to at least four decimal places.

Part: 0 / 3

0 of 3 Parts Complete

The person has spent at least 

$14,000

P(x>14000)

Solution

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Math Problem Analysis

Mathematical Concepts

Statistics
Probability
Normal Distribution

Formulas

z = (x - μ) / σ
P(z > z_value)

Theorems

68-95-99.7 Rule
Properties of the Normal Distribution

Suitable Grade Level

College/University