Dickson Brooks
05/02/2024 · Middle School

Preston is conducting market research on the cost of a private helicopter tour. Preston has determined that the average cost of a private helicopter tour is \( \$ 660 \), and that the distribution of costs is normally distributed with a standard deviation of \( \$ 92 \). a. Find the probability that a single randomly selected consumer spends less than \( \$ 720 \) on a private helicopter tour. b. The cost of the middle \( 50 \% \) of private helicopter tours falls between (round to the nearest dollar): c. The most expensive \( 16 \% \) of private helicopter tours cost at least how much? (round to the nearest dollar)

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a. The probability that a consumer spends less than \$720 is approximately 74.3%. b. The middle 50% of tours cost between \$598 and \$722. c. The most expensive 16% of tours cost at least \$752.

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