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What is the probability of the contents

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Please solve in excel and show work.

Based on historical data, the weight of the contents of a fully-packed moving van follows a Normal distribution with a mean of 12,500 lbs. and a standard deviation of 1750 lbs. QuickMove currently charges $10,000 to pack, transport, and unload the contents of a fully-packed moving van.

What is the probability that the contents of a fully-packed moving van weigh less than 10,000 lbs.?

What is the probability that the contents of a fully-packed moving van weigh more than 13,500 lbs.?

What is the probability that the contents of a fully-packed moving van weigh between 10,000 and 13,500 lbs.?

QuickMove is considering charging $.82 per pound to pack, transport, and unload a fully packed moving van. What is the probability that this new pricing policy will result in less revenue compared to the current policy of charging $10,000 for the van?

Reference no: EM132924189

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