Distribution of annual costs following normal probability

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For the most recent year available, the mean annual cost to attend a private university in the United States was $20,182. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,400.

Ninety-nine percent of all students at private universities pay less than what amount? (Round z value to 2 decimal places and your final answer to the nearest whole number. Omit the "tiny_mce_markerquot; sign in your response.)

Reference no: EM13101028

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