Computation of Probability value using Normal Distribution

Nonfiction, Social & Cultural Studies, Social Science, Statistics
Cover of the book Computation of Probability value using Normal Distribution by Homework Help Classof1, Classof1
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Homework Help Classof1 ISBN: 1230000129653
Publisher: Classof1 Publication: May 2, 2013
Imprint: Language: English
Author: Homework Help Classof1
ISBN: 1230000129653
Publisher: Classof1
Publication: May 2, 2013
Imprint:
Language: English

"The mean amount purchased by a typical customer at Churchill’s Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the following questions.
a. What is the likelihood the sample mean is at least $25.00?
b. What is the likelihood the sample mean is greater than $22.50 but less than $25.00?
c. Within what limits will 90 percent of the sample means occur?
"

View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

"The mean amount purchased by a typical customer at Churchill’s Grocery Store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers, answer the following questions.
a. What is the likelihood the sample mean is at least $25.00?
b. What is the likelihood the sample mean is greater than $22.50 but less than $25.00?
c. Within what limits will 90 percent of the sample means occur?
"

More books from Classof1

Cover of the book Monopoly vs Perfect Competition by Homework Help Classof1
Cover of the book Essay Writing on career ambition by Homework Help Classof1
Cover of the book Test for True Population Mean by Homework Help Classof1
Cover of the book Calculation of Conditional Probabilities of an Event by Homework Help Classof1
Cover of the book Standard Error of Sample Mean by Homework Help Classof1
Cover of the book Evaluating the Slope of the Tangent Line from the Graph by Homework Help Classof1
Cover of the book Decision Making Based on NPV of Capital Project by Homework Help Classof1
Cover of the book Determining Probability Values Using Binomial Distribution by Homework Help Classof1
Cover of the book Multiplication of Two Rational Expressions by Homework Help Classof1
Cover of the book Solving System of Equations using Elimination Method by Homework Help Classof1
Cover of the book Mid Point of a Line Segment Joining Two Points by Homework Help Classof1
Cover of the book Microbiology Virus and Fungi by Homework Help Classof1
Cover of the book Presentation: Realism, Modernism and Postmodernism by Homework Help Classof1
Cover of the book Short Run Phillips Curve by Homework Help Classof1
Cover of the book Business Structure for a Startup by Homework Help Classof1
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy