Historical data show that customers who download music from a popular Web service spend approximately $26 per
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Historical data show that customers who download music from a popular Web service spend approximately $26 per month, with a standard deviation of $8, normally distributed, but never spend more than $30. Assuming that each customer is independent of the others, predict the average amount of the next ten transactions.
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Mean 26 Standard Deviation 8 Students might develop several approaches One is shown below Random var...View the full answer
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