Recall the car data set identified in Week 2

Subject:MathPrice: Bought3

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Recall the car data set identified in Week 2.

Make Model Price

Ford F350 SD King Ranch 88595

Ford F350 SD Lariat FX 72000

Ford Fusion PHEV 37290

Ford Fusion   25015

Chevy Bel Air  50000

Mercedes G Class 128645

Tesla X 92190

Porsche Panamera 88550

BMW i3 54445

Ford Bronco 67330

 

We know that this data set is normally distributed using the mean and SD you calculated. 

 

For the next 4 cars that are sampled, what is the probability that the price will be less than $500 dollars below the mean? Make sure to interpret results.

For the next 4 cars that are sampled, what is the probability that the price will be higher than $1000 dollars above the mean? Make sure to interpret results. 

For the next 4 cars that are sampled, what is the probability that the price will be equal to the mean? Make sure to interpret results. 

For the next 4 cars that are sampled, what is the probability that the price will be $1500 within the mean? Make sure you interpret results.