The price per kilo of a certain type of rice is normally distributed with an average...
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The price per kilo of a certain type of rice is normally distributed with an average of Php 35.5 and a standard deviation of Php 1.50. If the prices were gathered from 345 stores around Metro Manila, around how many stores will have a retail price that is more than one standard deviation away from the average? The price per kilo of a certain type of rice is normally distributed with an average of Php 35.5 and a standard deviation of Php 1.50. If the prices were gathered from 345 stores around Metro Manila, around how many stores will have a retail price that is more than one standard deviation away from the average?
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Related Book For
Business Statistics For Contemporary Decision Making
ISBN: 9781119577621
3rd Canadian Edition
Authors: Ken Black, Ignacio Castillo
Posted Date:
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