Answer:
d) 62.67%
Explanation:
To solve this problem, we would make use of the z-score formula to find the z-scores for the given value of X.
Given:
• Mean Price = $58.00
,
• Standard Deviation = $5.00
We want to determine what percentage of sweater prices are between $48.50 and $60.00.
The scores are standardized below:
[tex]\begin{gathered} P(48.50Next, from the z-score table:[tex]\begin{gathered} P\left(-1.9
Thus, 62,67% of sweater prices are between $48.50 and $60.00.Option D is the correct choice.