Electricity bills: According to a government energy agency, the mean monthly household electricity bill in the United States in 2011 was $109.77. Assume the amounts are normally distributed with standard deviation $22.00. Use the TI-84 Plus calculator to answer the following.(a) What proportion of bills are greater than $137?(b) What proportion of bills are between $85 and $148?(c) What is the probability that a randomly selected household had a monthly bill less than $119?Round the answers to at least four decimal places.Part 1 of 3The proportion of bills that are greater than $137 is .Part 2 of 3The proportion of bills that are between $85 and $148 is.Part 3 of 3The probability that a randomly selected household had a monthly bill less than $119 is .CheckSave For LaterSubmit Assignment
Question
Electricity bills: According to a government energy agency, the mean monthly household electricity bill in the United States in 2011 was 22.00. Use the TI-84 Plus calculator to answer the following.(a) What proportion of bills are greater than 85 and 119?Round the answers to at least four decimal places.Part 1 of 3The proportion of bills that are greater than 85 and 119 is .CheckSave For LaterSubmit Assignment
Solution
To answer these questions, we will use the normal distribution function on the TI-84 Plus calculator.
(a) To find the proportion of bills that are greater than 137. The z-score is calculated as (X - μ) / σ, where X is the value we're interested in, μ is the mean, and σ is the standard deviation. So, the z-score for $137 is (137 - 109.77) / 22 = 1.24. We then use the normalcdf function on the calculator to find the proportion of bills greater than this z-score, which is 1 - normalcdf(1.24, 1E99) = 0.1075.
(b) To find the proportion of bills that are between 148, we calculate the z-scores for these values and use the normalcdf function again. The z-score for 148 it is (148 - 109.77) / 22 = 1.74. The proportion of bills between these values is normalcdf(-1.13, 1.74) = 0.7744.
(c) To find the probability that a randomly selected household had a monthly bill less than 119, which is (119 - 109.77) / 22 = 0.42. The probability is then normalcdf(-1E99, 0.42) = 0.6628.
So, the answers are:
Part 1 of 3: The proportion of bills that are greater than 85 and 119 is 0.6628.
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