Question: Normal distribution Using R Programming Suppose that visitors at a theme park spend an average of $100 on souvenirs. Assume that the money spent is
Normal distribution Using R Programming
Suppose that visitors at a theme park spend an average of $100 on souvenirs. Assume that the money spent is normally distributed with a standard deviation of $10.
A) Between what two values will the middle 90% of the money spent fall?
B) If the theme park gives a free T-shirt for the top 5% of the spenders, what will be the minimum amount you have to spend to get the free T-shirt?
C) Show a plot for 10,000 visitors using the above distribution.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
