A charity receives 2025 contributions. Contributions are assumed to be mutually independent and identically distributed with mean 3125 and standard deviation 250.Calculate the approximate 90th percentile for the distribution of the total contributions received.

Given,sample size(n)=2025mean(μ)=3125standard deviation(σ)=250mean for total…

Answered: A charity receives 2025 contributions.…

A First Course in Probability (10th Edition)

10th Edition

ISBN:9780134753119

Author:Sheldon Ross

Publisher:Sheldon Ross

Chapter1: Combinatorial Analysis

Section: Chapter Questions

Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...

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A charity receives 2025 contributions. Contributions are assumed to be mutually independent and identically distributed with mean 3125 and standard deviation 250. Calculate the approximate 90th percentile for the distribution of the total contributions received.