# Question: The daily selling price per 100 pounds of buffalo meat

The daily selling price per 100 pounds of buffalo meat is normally distributed with a mean of $70, and the probability that the daily price is less than $85 is 0.9332. Four days are chosen at random. What is the probability that at least one of the days has a price that exceeds $80?

**View Solution:**## Answer to relevant Questions

Given a random sample size of n = 900 from a binomial probability distribution with P = 0.50 do the following: a. Find the probability that the number of successes is greater than 500. b. Find the probability that the number ...A car-rental company has determined that the probability a car will need service work in any given month is 0.2. The company has 900 cars. a. What is the probability that more than 200 cars will require service work in a ...Given an arrival process with l = 1.0, what is the probability that an arrival occurs in the first t = 2 time units? The jurisdiction of a rescue team includes emergencies occurring on a stretch of river that is 4 miles long. Experience has shown that the distance along this stretch, measured in miles from its northernmost point, at which ...A consultant is beginning work on three projects. The expected profits from these projects are $50,000, $72,000, and $40,000. The associated standard deviations are $10,000, $12,000, and $9,000. Assuming independence of ...Post your question