What percentage of auto insurance rates

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Reference no: EM132119833

A study by Quadrant Information Services commissioned by insure.com calculated auto insurance rates for each of 50 states; and as a result, the average annual rate for the United States was $1317.Suppose annual rates of auto insurance in the United States are normally distributed with a standard deviation of #324. Based on these data, what is the probability that a randomly selected auto insurance rate in the United States would be greater than $1750? what percentage of auto insurance rates would be less than $1200? What percentage of auto insurance rates would be between $1100 and $1500?

Reference no: EM132119833

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