Assume the cost for an automobile repair is normally distributed with a mean of $437 and a standard deviation of $92. If the cost for your car repair is in the lower 7% of automobile repair charges, what is your cost? 374.8378 300.8400 573.1600 499.1622 None of the answers is correct
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The repair cost X ~ N(μ = 437, σ = 92). We want x such that P(X < x) = 0.07. Show more…
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