My sisiter-in-law manages a tim hortons coffee shop. According to her, the number of cups of coffee sold every day is normally distributed with mean μ=7000 and standard deviation σ = 750.
1) Find a constant b such that there is a 5% chance that the total number of cups sold in a 5-day period will exceed b.
2) The probability is 0.47725 that the mean daily number of cups of coffee sold over an n-day period is between 6700 and 7000. What is n?
Get Answers For Free
Most questions answered within 1 hours.