IDNLearn.com connects you with experts who provide accurate and reliable answers. Our platform provides detailed and accurate responses from experts, helping you navigate any topic with confidence.
You want to find
P(1000 < X < 3000)
where X is normally distributed with mean 1751 and standard deviation 421. Transform X to Z, so that it follows the standard normal distribution with mean 0 and standard deviation 1 using the relation
X = 1751 + 421Z ==> Z = (X - 1751)/421
Then
P(1000 < X < 3000) = P((1000 - 1751)/421 < (X - 1751)/421 < (3000 - 1751)/421)
… ≈ P(-1.783 < Z < 2.967)
… ≈ P(Z < 2.967) - P(Z < -1.783)
… ≈ 0.9985 - 0.0373
… ≈ 0.9612
so that approximately 96.1% of the students fall in this income range.