Math  /  Data & Statistics

QuestionLunch break: In a recent survey of 655 working Americans ages 253425-34, the average weekly amount spent on lunch was $43.88\$ 43.88 with standard deviation $2.93\$ 2.93. The weekly amounts are approximately bell-shaped.
Part: 0 / 3
Part 1 of 3 (a) Estimate the percentage of amounts that are between $35.09\$ 35.09 and $52.67\$ 52.67. (Choose one) \square of the amounts fall between $35.09\$ 35.09 and $52.67\$ 52.67. \square

Studdy Solution

STEP 1

1. The data is approximately normally distributed (bell-shaped).
2. We can use the empirical rule (68-95-99.7 rule) for normal distributions.
3. The mean (μ\mu) is $43.88\$43.88.
4. The standard deviation (σ\sigma) is $2.93\$2.93.

STEP 2

1. Calculate the z-scores for $35.09\$35.09 and $52.67\$52.67.
2. Use the z-scores to find corresponding cumulative probabilities.
3. Calculate the percentage of amounts between the two values.

STEP 3

Calculate the z-score for $35.09\$35.09 using the formula:
z=Xμσ z = \frac{X - \mu}{\sigma}
where X=$35.09X = \$35.09, μ=$43.88\mu = \$43.88, and σ=$2.93\sigma = \$2.93.
z=35.0943.882.93 z = \frac{35.09 - 43.88}{2.93}

STEP 4

Simplify the expression to find the z-score for $35.09\$35.09.
z=8.792.933.00 z = \frac{-8.79}{2.93} \approx -3.00

STEP 5

Calculate the z-score for $52.67\$52.67 using the same formula:
z=Xμσ z = \frac{X - \mu}{\sigma}
where X=$52.67X = \$52.67, μ=$43.88\mu = \$43.88, and σ=$2.93\sigma = \$2.93.
z=52.6743.882.93 z = \frac{52.67 - 43.88}{2.93}

STEP 6

Simplify the expression to find the z-score for $52.67\$52.67.
z=8.792.933.00 z = \frac{8.79}{2.93} \approx 3.00

STEP 7

Use the standard normal distribution table to find the cumulative probability for z=3.00z = -3.00.
P(Z3.00)0.0013 P(Z \leq -3.00) \approx 0.0013

STEP 8

Use the standard normal distribution table to find the cumulative probability for z=3.00z = 3.00.
P(Z3.00)0.9987 P(Z \leq 3.00) \approx 0.9987

STEP 9

Calculate the percentage of amounts between $35.09\$35.09 and $52.67\$52.67 by finding the difference between the cumulative probabilities.
P(3.00Z3.00)=P(Z3.00)P(Z3.00) P(-3.00 \leq Z \leq 3.00) = P(Z \leq 3.00) - P(Z \leq -3.00) P(3.00Z3.00)=0.99870.0013=0.9974 P(-3.00 \leq Z \leq 3.00) = 0.9987 - 0.0013 = 0.9974

STEP 10

Convert the decimal to a percentage to estimate the percentage of amounts between $35.09\$35.09 and $52.67\$52.67.
0.9974×100%=99.74% 0.9974 \times 100\% = 99.74\%
Solution: Approximately 99.74%99.74\% of the amounts fall between $35.09\$35.09 and $52.67\$52.67.

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