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23 August, 19:35

In a survey of 859 homeowners with high-speed Internet, the average monthly cost of a high-speed Internet plan was $64.1 with standard deviation $12.62. Assume the plan costs to be approximately bell-shaped. Estimate the number of plans that cost between $51.48 and $76.72. Round to the nearest whole number.

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  1. 23 August, 20:05
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    68% of the plans cost between $51.48 and $76.72. Of 859, that is 0.68*859 = 584 plans.

    Step-by-step explanation:

    The Empirical Rule states that, for a normally distributed random variable:

    68% of the measures are within 1 standard deviation of the mean.

    95% of the measures are within 2 standard deviation of the mean.

    99.7% of the measures are within 3 standard deviations of the mean.

    In this problem, we have that:

    Mean = 64.1

    Standard deviation = 12.62

    Estimate the number of plans that cost between $51.48 and $76.72.

    64.1 - 12.62 = 51.48

    So 51.48 is one standard deviation below the mean.

    64.1 + 12.62 = 76.72

    So 76.72 is one standard deviation above the mean.

    By the Empirical Rule, 68% of the plans cost between $51.48 and $76.72. Of 859, that is 0.68*859 = 584 plans.
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