The distribution of the amount of money spent by students for textbooks in a semester is approximately normal in shape with a mean of $235 and a standard deviation of $20. According to the standard deviation rule, almost 2.5% of the students spent more than ___________ on textbooks in a semester.A. $195B. $215C. $235D. $275E. $295

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Answer:

D. $275

Step-by-step explanation:

Problems of normally distributed samples are solved using the z-score formula.

In a set with mean [tex]\mu[/tex] and standard deviation [tex]\sigma[/tex], the zscore of a measure X is given by:

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

The Z-score measures how many standard deviations the measure is from the mean. After finding the Z-score, we look at the z-score table and find the p-value associated with this z-score. This p-value is the probability that the value of the measure is smaller than X, that is, the percentile of X. Subtracting 1 by the pvalue, we get the probability that the value of the measure is greater than X.

In this problem, we have that:

[tex]\mu = 235, \sigma = 20[/tex]

According to the standard deviation rule, almost 2.5% of the students spent more than ... on textbooks in a semester:

This is the value of X when Z has a pvalue of 1-0.025 = 0.975. So it is X when Z = 1.96[/tex]

So

[tex]Z = \frac{X - \mu}{\sigma}[/tex]

[tex]1.96 = \frac{X - 235}{20}[/tex]

[tex]X - 235 = 20*1.96[/tex]

[tex]X = 274.2[/tex]

So the correct answer is:

D. $275