Math Problem Statement

International travel is usually more expensive than domestic travel. A recent survey found that the average per-person cost of a 12-day international vacation is $1,755. This includes transportation, food, lodging, and entertainment. a. If the data are normally distributed with standard deviation $390, find the percentage of vacationers who spent less than $1,200 per 12-day vacation. Round to the nearest hundredth of a percent.

b. Find the per-day expense for one of these travelers who had a z-score of –2.1.

c. If the data are normally distributed with standard deviation $490 instead of $390, would the answer to the above question become lower or higher?

Solution

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Math Problem Analysis

Mathematical Concepts

Normal Distribution
Z-Scores
Cumulative Probability

Formulas

Z-score formula: z = (X - μ) / σ
Cumulative probability for Z-scores

Theorems

Empirical Rule of Normal Distribution

Suitable Grade Level

College/University Level - Statistics