Let x represent the dollar amount spend on supermarket impulse buying in a 10-minute unplanned shopping interval. The mean of this distribution is µ=$20 and the standard deviation is =$7. If we assume...



  • Let x represent the dollar amount spend on supermarket impulse buying in a 10-minute unplanned shopping interval. The mean of this distribution is µ=$20 and the standard deviation is =$7. If we assume the x distribution is approximately normal:




    1. (1) What is the probability that a randomly selected shopper will spend between $18 and $22?












    2. (1) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22?






  1. (2) State two different ways we know the distribution from part (b) is normally distributed.



Jun 02, 2022
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