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The mean price for a pound of bananas is $0.57 with a standard deviation is $0.02. Assuming that the price for a pound of bananas is normally distributed, find the price for a pound of bananas that separates the bottom 40% with the upper 60%. $0.580 O $0.560 O $0.565 O $0.575

The mean price for a pound of bananas is $0.57 with a standard deviation is $0.02. Assuming that the price for a pound of bananas is normally distributed, find the price for a pound of bananas that separates the bottom 40% with the upper 60%. $0.580 O $0.560 O $0.565 O $0.575

MATLAB: An Introduction with Applications
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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The mean price for a pound of bananas is $0.57 with a standard deviation is $0.02. Assuming that the price for a pound of bananas is normally distributed, find the price for a pound of bananas that separates the bottom 40% with the upper 60%. $0.580 O $0.560 O $0.565 O $0.575
Transcribed Image Text:The mean price for a pound of bananas is $0.57 with a standard deviation is $0.02. Assuming that the price for a pound of bananas is normally distributed, find the price for a pound of bananas that separates the bottom 40% with the upper 60%. $0.580 O $0.560 O $0.565 O $0.575
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