Math Problem Statement
For the past few month, my husband and I have been visting preschools in Camarillo for our 3-year-old daughter. The annual cost of preschool in Camarillo is assumed to be normally distributed with a mean of $7,599, and standard deviation of $1,371. Let X be the annual tuition of a random selected preschool in Camarillo. What is the distribution of X? X ~ (,) Please show the following answers to 4 decimal places. If a Camarillo preschool is randomly chosen, find the probability that its annual tuition is at least $8,970. If a Camarillo preschool is randomly chosen, find the probability that its annual tuition is between $6,228 and $6,914. Please show the following answers to whole dollors. The mid-90% of the Camarillo preschool cost is between $ and $. P.S. Of course, my daughter chose the most expensive one. I will hand her a bill on her 18th birthday.
Solution
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Math Problem Analysis
Mathematical Concepts
Probability Theory
Normal Distribution
Z-Score
Formulas
Z = (X - μ) / σ
P(X ≥ a) = 1 - P(Z < z)
P(a ≤ X ≤ b) = P(z1 ≤ Z ≤ z2)
X = μ + z * σ
Theorems
Standard Normal Distribution Theorem
Suitable Grade Level
College Level or Advanced High School (Grades 11-12)
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