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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?

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 th class=

Answer :

Given:

[tex]\begin{gathered} mean(\mu)=23,000 \\ Standarddeviation(\sigma)=7,200 \end{gathered}[/tex]

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

Solution

[tex]P(x<24,500)[/tex]

Given:

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

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