The number of cupcakes sold per week at the Coffee Bean Cafe follows the normal probability distribution,
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The number of cupcakes sold per week at the Coffee Bean Cafe follows the normal probability distribution, with a mean of 150 cupcakes. The standard deviation of this distribution is 5 cupcakes.
a. What is the probability that the number sold is between 150 and 154 cupcakes?
b. What is the probability that the number sold is more than 164 cupcakes?
c. What is the probability that the number sold is between 146 and 156 cupcakes?
d. What is the probability that the number sold is more than 156 but less than 162 cupcakes?
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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Related Book For
Basic Statistics For Business & Economics
ISBN: 9781259268939
6th Canadian Edition
Authors: Douglas A. Lind, William G Marchal, Samuel A. Wathen, Carol Ann Waite
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