In 2001, 61.3% of U.S. households spent an average of $36.16 on ground coffee. Assume that these expenditures are a normally distributed random variable with mean = $36.16 and standard deviation = $10.
Find the probability that one of these households spent less than $25.
0.13
Find the probability that one of these households spent less than $25.
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Find the probability that one of these households spent less than $25.
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!