Question

As of 2021, the average cost of tuition for 4-year public universities in North Carolina was estimated 23,000 with a standard deviation of 7,200. Assume that the distribution of college tuition cost in North Carolina is Normal.What is the percent of students in North Carolina with a tuition cost of less than $24,500?

Answer 1

Given:

$\begin{gathered} mean(\mu)=23,000 \\ Standarddeviation(\sigma)=7,200 \end{gathered}$

To Determine: The percentage of student with cost of less than 24,500

Solution

$P(x<24,500)$

Given:

[tex]P(xHence, the correct option is 0.5832