Answer: 0.4772
Step-by-step explanation:
Given : The distribution is bell shaped , then the distribution must be normal distribution.
Mean : [tex]\mu=\$280[/tex]
Standard deviation :[tex]\sigma= \$40[/tex]
The formula to calculate the z-score :-
[tex]z=\dfrac{x-\mu}{\sigma}[/tex]
For x = $200
[tex]z=\dfrac{200-280}{40}=-2[/tex]
For x = $280
[tex]z=\dfrac{280-280}{40}=0[/tex]
The p-value = [tex]P(-2<z<0)=P(z<0)-P(z<-2)[/tex]
[tex]0.5-0.0227501=0.4772499\approx0.4772[/tex]
Hence, the proportion of students will spend between $200 and $280 this semester = 0.4772