99% of these households spent less than what amount?

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899559
Joined: Mon Aug 02, 2021 8:13 am

99% of these households spent less than what amount?

Post by answerhappygod »

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.
99% of these households spent less than what amount?


59.4
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply