What proportion of passenger trips produced a revenue

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Reference no: EM131404276

For the normal distribution described in given Exercise, what is the probability that a randomly selected passenger trip would have produced a revenue
a. between $1.05 and $1.30?

b. over $1.40?

c. under $0.75?

Exercise
The Canada Urban Transit Association has reported that the average revenue per passenger trip during a given year was $1.05. If we assume a normal distribution and a standard deviation of σ = $0.20. , what proportion of passenger trips produced a revenue of
a. less than $1.05?

b. between $0.65 and $1.45?

c. between $0.85 and $1.25?

d. between $0.45 and $1.05?

Reference no: EM131404276

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