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Saved Help Save & Exit Subn Check my work For the most recent year available, the mean annual cost to attend a private university in the United States was $20,232. Assume the distribution of annual costs follows the normal probability distribution and the standard deviation is $4,350 Ninety-five percent of all students at private universities pay less than what amount? (Round your z value to 2 decimal places and final answer to the nearest whole dollar.) ount Calendar MAR 24

Explanation / Answer

Ans;

Given that

mean=20232

standard deviation=4350

P(Z<=z)=0.95

z=1.64

x=20232+1.64*4350=27366

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