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: (1) What is the probability that a randomly selected shopper will spend between $18 and $22? (1) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22?   (2) State two different ways we know the distribution from part (b) is normally distributed.

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  • 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:

    1. (1) What is the probability that a randomly selected shopper will spend between $18 and $22?





    2. (1) Consider a random sample of n = 100 shoppers. What is the probability that is between $18 and $22?

 

  1. (2) State two different ways we know the distribution from part (b) is normally distributed.
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