Let x represent the dollar amount spend on supermarket impulse buying in a 10-minute unplanned shopping interval. The mean of this distribution is µ=$25 and the standard deviation is =$10. If we assume the x distribution is approximately normal: (a) What is the probability that a randomly selected shopper will spend between $18 and $22? (b) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22? (c) State two different ways we know the distribution from part (b) is normally distributed.
Let x represent the dollar amount spend on supermarket impulse buying in a 10-minute unplanned shopping interval. The mean of this distribution is µ=$25 and the standard deviation is =$10. If we assume the x distribution is approximately normal: (a) What is the probability that a randomly selected shopper will spend between $18 and $22? (b) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22? (c) State two different ways we know the distribution from part (b) is normally distributed.
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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Let x represent the dollar amount spend on supermarket impulse buying in a 10-minute unplanned shopping interval. The
(a) What is the
(b) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22?
(c) State two different ways we know the distribution from part (b) is
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