Stats Solutions

Solution: Suppose that daycare costs are normally distributed with a mean equal to $10,000 a year and a standard deviation equal to $2,000 What percentage

Question: Suppose that daycare costs are normally distributed with a mean equal to $10,000 a year and a standard deviation equal to $2,000

  1. What percentage of daycare centers will cost between $10,000 and $12,000?
  2. What percentage of daycare centers will cost between $6,000 and $14,000?
  3. What percentage of daycare centers will cost between $4,000 and $16,000?
  4. Compare the results of your findings with the Empirical Rule. Explain the relationship.

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