1. Math
  2. Statistics And Probability
  3. in new york city the average hotel room costs 234...

Question: in new york city the average hotel room costs 234...

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In New York City the average hotel room costs $234 per night, with a standard deviation of $65. Suppose that you walk into a random hotel and learn their rate is $155 per night. If the rates are normally distributed, what is the probability that if you leave and walk into another random hotel, they will have a lower rate?

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