The annual day care cost per child is normally distributed with a mean of $8,000 and a standard deviation of $1,500. What percent of daycare costs are more than $7250 annually? In a random sample of 120 families, how many pay more than $7250 annually for day care per child? In a random sample of 120 families, how many pay between $6500 and $8750 annually for day care per child

Question

Mathematics

Frederick Barry

17 April, 16:45

The annual day care cost per child is normally distributed with a mean of $8,000 and a standard deviation of $1,500. What percent of daycare costs are more than $7250 annually? In a random sample of 120 families, how many pay more than $7250 annually for day care per child? In a random sample of 120 families, how many pay between $6500 and $8750 annually for day care per child

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Conrad Sharp · Answer 1

The average cost of center-based daycare in the United States is $11,666 per year ($972 a month), but prices range from $3,582 to $18,773 a year ($300 to $1,564 monthly),