Suppose that the distribution of order sizes (in dollars) at L.L. Bean has a distribution that is T(0, 25, 75). (a) Find the mean. (b) Find the standard deviation. (c) Find the probability that an...


Suppose that the distribution of order sizes (in dollars) at L.L. Bean has a distribution that is T(0, 25, 75). (a) Find the mean. (b) Find the standard deviation. (c) Find the probability that an order will be less than $25. (d) Sketch the distribution and shade the area for the event in part (c).



May 20, 2022
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