Answer:
Option A. 0.6 is the right answer.
Step-by-step explanation:
Given information is:
Mean = $240
SD = $60
The probability of Dan making less than $255 has to be found.
Let x = 255
First of all, we will find the z-score of the given value
[tex]z = \frac{x-mean}{SD}\\z = \frac{255-240}{60}\\z = \frac{15}{60}\\z = 0.25[/tex]
Now the z-score table will be used to see the probability of less than 0.25
Using the z-score table, we get:
P(x<0.25) = 0.5987
As the answer choices are rounded off to one decimal place, we will round off our answer to one digit after the decimal point
0.5987 => 0.6
Hence,
Option A. 0.6 is the right answer.
