Suppose that sales revenues ("Sales") at a local restaurant are known to follow a normal distribution with a mean of 20 and a variance of 4. Compute P(Sales < 17). Round your answer to four decimals and report in the numerical box below. DO NO report your answer as a percent. If the probability = .02, enter .02 NOT 2%

Suppose that sales revenues ("Sales") at a local restaurant are known to follow a normal distribution with a mean of 20 and a variance of 4. Compute P(Sales < 17). Round your answer to four decimals and report in the numerical box below. DO NO report your answer as a percent. If the probability = .02, enter .02 NOT 2%

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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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.

Question

Suppose that sales revenues ("Sales") at a
local restaurant are known to follow a normal
distribution with a mean of 20 and a variance
of 4.
Compute P(Sales < 17). Round your answer to
four decimals and report in the numerical box
below. DO NO report your answer as a
percent. If the probability = .02, enter .02 NOT
2%

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