Question: The average amount a comic collector spends on comic books per year is normally distributed with a mean of $85.75 and a standard deviation of
The average amount a comic collector spends on comic books per year is normally distributed with a mean of $85.75 and a standard deviation of $4.50. Based on this information, a collector is randomly selected.
a. What is the probability that a collector will spend less than $82?
b. What is the probability that a collector will spend more than $97?
c. What is the probability that a collector will spend between $76 and $80?
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
