Question
Company VV’s products range from $216 to $323 and their average total sale per customer is...
Company VV’s products range from $216 to $323 and their average
total sale per customer is $1100. The total sale has a normal
distribution with a standard deviation of $300.
a-
Calculate the probability that a randomly selected customer will
have a total sale of more than $1358.
b-
Compute the probability that the total sale will be within ± 2
standard deviations of the mean total sales.
c-
Determine the median total sale.
Homework Answers
Answer #1
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