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:
Get Answers For Free
Most questions answered within 1 hours.