Posted: March 15th, 2017
During the past six months, 73.2% of US households purchased sugar. Assume that these expenditures are approximately normally distributed with a mean of $8.22 and a standard deviation of $1.10. Find the probability that a household spent less than $5.00.
During the past six months, 73.2% of US households purchased sugar. Assume that these expenditures are approximately normally distributed with a mean of $8.22 and a standard deviation of $1.10.
Find the probability that a household spent less than $5.00.
.9983
0.000
1.00
0.0017
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