Exhibit 6-9
The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it is known that the computer prices manufactured by MNM are normally distributed.
-Refer to Exhibit 6-9. Computers with prices of more than $1,750 receive a discount. What percentage of the computers will receive the discount?
A)62%
B)0.62%
C)0.062%
D)99.38%

Question

Quizplus · Accepted Answer

The Answer of Exhibit 6-9
The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it is known that the computer prices manufactured by MNM are normally distributed.
-Refer to Exhibit 6-9. Computers with prices of more than $1,750 receive a discount. What percentage of the computers will receive the discount?
A)62%
B)0.62%
C)0.062%
D)99.38%

Exhibit 6-9 The Average Price of Personal Computers Manufactured by MNM Company