On Sundays, Michael sells the Sunday issue of a local newspaper. The mean time between consecutive buyers

Question:

On Sundays, Michael sells the Sunday issue of a local newspaper. The mean time between consecutive buyers is 3 min., and the corresponding standard deviation is 1.5 min. Estimate the time period that will be sufficient to sell 60 copies on 80% of Sundays on the average.

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question
Question Posted: