The amount of money spent by a customer at a discount store has a mean of $100 and a standard deviation of $30. What is the probability that a randomly selected group of 50 shoppers will spend a total...


The amount of money spent by a customer at a discount store has a mean of $100 and a standard deviation of $30. What is the probability that a randomly<br>selected group of 50 shoppers will spend a total of more than $5500? (Hint: The total will be more than $5500 when the sample average exceeds what<br>value?) (Round the answer to four decimal places.)<br>P(total ><br>5500)<br>

Extracted text: The amount of money spent by a customer at a discount store has a mean of $100 and a standard deviation of $30. What is the probability that a randomly selected group of 50 shoppers will spend a total of more than $5500? (Hint: The total will be more than $5500 when the sample average exceeds what value?) (Round the answer to four decimal places.) P(total > 5500)

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here