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A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $35 and a standard deviation of $24. Suppose the store had 299 customers this Sunday. a) Estimate the probability that the store's revenues were at least $10,600. b) If, on a typical Sunday, the store serves 299 customers, how much does the store take in on the worst 1% of such days? a) The probability is (Round to four decimal places as needed.) b) The store takes in at most $. (Round to two decimal places as needed.) BEKEN

A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $35 and a standard deviation of $24. Suppose the store had 299 customers this Sunday. a) Estimate the probability that the store's revenues were at least $10,600. b) If, on a typical Sunday, the store serves 299 customers, how much does the store take in on the worst 1% of such days? a) The probability is (Round to four decimal places as needed.) b) The store takes in at most $. (Round to two decimal places as needed.) BEKEN

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $35 and a standard deviation of $24. Suppose the store had 299 customers this Sunday. a) Estimate the probability that the store's revenues were at least $10,600. b) If, on a typical Sunday, the store serves 299 customers, how much does the store take in on the worst 1% of such days? a) The probability is. (Round to four decimal places as needed.) b) The store takes in at most $. (Round to two decimal places as needed.) GELEN
Transcribed Image Text:A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $35 and a standard deviation of $24. Suppose the store had 299 customers this Sunday. a) Estimate the probability that the store's revenues were at least $10,600. b) If, on a typical Sunday, the store serves 299 customers, how much does the store take in on the worst 1% of such days? a) The probability is. (Round to four decimal places as needed.) b) The store takes in at most $. (Round to two decimal places as needed.) GELEN
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