Question

The expectation of the management is that after this promotional policy is advertised, the expenditures for...

The expectation of the management is that after this promotional policy is advertised, the expenditures for all customers at this supermarket will be normally distributed with a mean of $78 and a standard deviation of $16.

Round all z values to 3 decimal places, and round all other answers to 2 decimal places.

(a) If the management's assumptions are correct, what percent of customers will spend $65 or less?

Enter the zz-value for your calculation here:  

Enter the percent of customers that will spend $65 or less here:  

(b) If the management wants to give free gifts to at most 9% of the customers, what should the amount be above which a customer would receive a free gift?

Enter the zz-value for your calculation here:  

Enter the amount, aboveabove which a customer would receive a free gift here:

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