2. The results of a recent survey indicate that the average new car costs $23,000, with a standard deviation of $3,500. The price of cars is normally distributed.

Question

2.	The results of a recent survey indicate that the average new car costs $23,000, with a standard deviation of $3,500. The price of cars is normally distributed. 
a.	What is a Z score for a car with a price of $ 33,000?

drwls · Answer

Z = (33,000-23,000)/3500 = +2.86