According to a recent survey, the average daily rate for a luxury hotel is $236.97. Assume the daily rate follows a normal probability distribution with a standard deviation of $21.88. Complete...

According to a recent survey, the average daily rate for a luxury hotel is

$236.97.

Assume the daily rate follows a normal probability distribution with a standard deviation of

$21.88.

Complete parts a through d below.

What is the probability that a randomly selected luxury hotel's daily rate will be less than $249?

Jun 02, 2022

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