According to the International Mass Retail Association, girls aged 13 to 17 spend an average of $31.20
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If a girl in that age category is randomly selected, what is the probability that she spends between $35.00 and $40.00 in one month? Does the assumption of a normal distribution seem plausible for this population?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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