Question: Let x represent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) shopping interval. Based on a certain article, the mean of
Letxrepresent the dollar amount spent on supermarket impulse buying in a 10-minute (unplanned) shopping interval. Based on a certain article, the mean of thexdistribution is about$32and the estimated standard deviation is about$9.
(a) What is the probability thatxis between$30and$34? (Round your answer to four decimal places.)
(b) Let us assume thatxhas a distribution that is approximately normal. What is the probability thatxis between$30and$34? (Round your answer to four decimal places.)
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
