The management of a supermarket wants to adopt a new promotional policy of giving a free giftto every customer who spends more than a certain amount per visit at this supermarket. Theexpectation of the management is that after this promotional policy is advertised, theexpenditures for all customers at this supermarket will be normally distributed with a mean of$110 and a standard deviation of $21. If the management wants to give free gifts to at most8.23% of the customers, what should the amount be above which a customer would receive afree gift?Round your answer to two decimal places.A customer should spend at least $to receive a free gift.

given data normal distributionμ = 110σ = 21P(x>Z) = 0.0823x =?

Answered: The management of a supermarket wants…

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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