According to an NRF survey conducted by BIGresearch, the average
family spends about $237 on electronics (computers, cell phones,
etc.) in back-to-college spending per student. Suppose
back-to-college family spending on electronics is normally
distributed with a standard deviation of $54. If a family of a
returning college student is randomly selected, what is the
probability that:
(a) They spend less than $160 on back-to-college
electronics?
(b) They spend more than $370 on back-to-college
electronics?
(c) They spend between $115 and $175 on
back-to-college electronics?
(Round the values of z to 2 decimal places. Round your
answers to 4 decimal places.)
(a)
P(x < 160) = enter the probability that they
spend less than $160 on back-to-college electronics (b) P(x > 370) = enter the probability that they spend more than $370 on back-to-college electronics (c) P(115 < x < 175) = enter the probability that they spend between $115 and $175 on back-to-college electronics |
Thank you.
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