Homework Help is Here – Start Your Trial Now!
Math
Statistics
Average sales for an online textbook distributor were $68.65 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on textbooks is $8.44, find the percentage of customers of the online textbook distributor that spent: (a) more than $93.97 per purchase. (b) less than $85.53 per purchase. Round your answer to the nearest tenth of a percent. Refer to the table of values (Area Under the Standard Normal Distribution) as needed. Part: 0/2 Part 1 of 2 (a) The percentage of customers that spent more than $93.97 per purchase is %

Average sales for an online textbook distributor were $68.65 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on textbooks is $8.44, find the percentage of customers of the online textbook distributor that spent: (a) more than $93.97 per purchase. (b) less than $85.53 per purchase. Round your answer to the nearest tenth of a percent. Refer to the table of values (Area Under the Standard Normal Distribution) as needed. Part: 0/2 Part 1 of 2 (a) The percentage of customers that spent more than $93.97 per purchase is %

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
See similar textbooks
icon
Related questions
Question
Average sales for an online textbook distributor were $68.65 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on textbooks is $8.44, find the percentage of customers of the online textbook distributor that spent: (a) more than $93.97 per purchase. (b) less than $85.53 per purchase. Round your answer to the nearest tenth of a percent. Refer to the table of values (Area Under the Standard Normal Distribution) as needed. Part: 0/2 Part 1 of 2 (a) The percentage of customers that spent more than $93.97 per purchase is %.
Transcribed Image Text:Average sales for an online textbook distributor were $68.65 per customer per purchase. Assume the sales are normally distributed. If the standard deviation of the amount spent on textbooks is $8.44, find the percentage of customers of the online textbook distributor that spent: (a) more than $93.97 per purchase. (b) less than $85.53 per purchase. Round your answer to the nearest tenth of a percent. Refer to the table of values (Area Under the Standard Normal Distribution) as needed. Part: 0/2 Part 1 of 2 (a) The percentage of customers that spent more than $93.97 per purchase is %.
Expert Solution
steps

Step by step

Solved in 4 steps with 7 images

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
Statistics
ISBN:
9781119256830
Author:
Amos Gilat
Publisher:
John Wiley & Sons Inc
Probability and Statistics for Engineering and th…
Probability and Statistics for Engineering and th…
Statistics
ISBN:
9781305251809
Author:
Jay L. Devore
Publisher:
Cengage Learning
Statistics for The Behavioral Sciences (MindTap C…
Statistics for The Behavioral Sciences (MindTap C…
Statistics
ISBN:
9781305504912
Author:
Frederick J Gravetter, Larry B. Wallnau
Publisher:
Cengage Learning
Elementary Statistics: Picturing the World (7th E…
Elementary Statistics: Picturing the World (7th E…
Statistics
ISBN:
9780134683416
Author:
Ron Larson, Betsy Farber
Publisher:
PEARSON
The Basic Practice of Statistics
The Basic Practice of Statistics
Statistics
ISBN:
9781319042578
Author:
David S. Moore, William I. Notz, Michael A. Fligner
Publisher:
W. H. Freeman
Introduction to the Practice of Statistics
Introduction to the Practice of Statistics
Statistics
ISBN:
9781319013387
Author:
David S. Moore, George P. McCabe, Bruce A. Craig
Publisher:
W. H. Freeman
SEE MORE TEXTBOOKS