Mathematics, 22.07.2021 15:20 ayoismeisalex
According to The Wedding Report, Inc., the mean cost for a wedding in the United States is $28732 (as of November 2008). Suppose the cost for a wedding is normally distributed with a standard deviation of $1500, and that a wedding is selected at random. Use the appropriate Excel function to calculate each of the following. (Note - Part (e) can be done by hand.)
(a) Find the probability that the wedding costs less than $22000.
(b) Find the probability that the wedding costs more than $32000.
(c) Find the probability that the wedding costs between $25000 and $30000.
(d) Find Q1 (the 25th percentile) and Q3 (the 75th percentile).
(e) Find the IQR for the wedding costs.
(f) The top 10% of weddings cost more than how much?
Answers: 3
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According to The Wedding Report, Inc., the mean cost for a wedding in the United States is $28732 (a...
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