Forty families gathered for a fund-raising event. Suppose the individual contribution for each family is normally distributed with a mean and a standard deviation of $124 and $31, respectively. The organizers would call this event a success if the total contributions exceed $5,200. What is the probability that this fund-raising event is a success? Note: Round your final answer to 4 decimal places. Answer is complete but not entirely correct. Probability 0.0835
Forty families gathered for a fund-raising event. Suppose the individual contribution for each family is normally distributed with a mean and a standard deviation of $124 and $31, respectively. The organizers would call this event a success if the total contributions exceed $5,200. What is the probability that this fund-raising event is a success? Note: Round your final answer to 4 decimal places. Answer is complete but not entirely correct. Probability 0.0835
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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![Forty families gathered for a fund-raising event. Suppose the individual contribution for each family is normally distributed with a mean
and a standard deviation of $124 and $31, respectively. The organizers would call this event a success if the total contributions exceed
$5,200. What is the probability that this fund-raising event is a success?
Note: Round your final answer to 4 decimal places.
× Answer is complete but not entirely correct.
Probability
0.0835 x](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fb94ebdbc-2b2d-4ad8-a7a8-f80064954d96%2F59bc1af5-a186-4ce6-a69e-26d894e6c913%2Fzv5oon_processed.png&w=3840&q=75)
Transcribed Image Text:Forty families gathered for a fund-raising event. Suppose the individual contribution for each family is normally distributed with a mean
and a standard deviation of $124 and $31, respectively. The organizers would call this event a success if the total contributions exceed
$5,200. What is the probability that this fund-raising event is a success?
Note: Round your final answer to 4 decimal places.
× Answer is complete but not entirely correct.
Probability
0.0835 x
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