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Suppose the profit from 1000 plays of a poker machine is normally distributed with mean 5.3 and standard deviation 1.2 B
Posted: Thu May 12, 2022 9:41 am
by answerhappygod
- Suppose The Profit From 1000 Plays Of A Poker Machine Is Normally Distributed With Mean 5 3 And Standard Deviation 1 2 B 1 (326.2 KiB) Viewed 22 times
Suppose the profit from 1000 plays of a poker machine is normally distributed with mean 5.3 and standard deviation 1.2 Be careful with this question you have to look at EVERY option and tick every option that is correct Which is correct if you want to work out if profit from 1000 plays is in the bottom 2.28% O a. A profit is in the bottom 2.28% if it is less than 1.70 O b. You can use the fact that the 2.28th percentile of the z distribution is -2 O c. A profit is in the bottom 2.28% if it is less than 2.90