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Accoeding to a recent survey, the average daily rate for a luxury hotot is $238.35. Assume the
daily rate follows a normal probabeity distribution with a standard deviation of $21.93. Complete
parts a through d below. a. What is the probabitity that a randomly solected lumury hoteits daily
rate will be loss than $250 ? (Round to four decimal places as needed.)

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Accoeding to a recent survey, the average daily rate for a luxury hot.pdf

  • 1. Accoeding to a recent survey, the average daily rate for a luxury hotot is $238.35. Assume the daily rate follows a normal probabeity distribution with a standard deviation of $21.93. Complete parts a through d below. a. What is the probabitity that a randomly solected lumury hoteits daily rate will be loss than $250 ? (Round to four decimal places as needed.)