The daily catch of a small tuna-fishing fleet averages 130 t. The fleets logbook shows that the
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The daily catch of a small tuna-fishing fleet averages 130 t. The fleet’s logbook shows that the weight of the catch varies from day to day and this variation is measured by the standard deviation of the daily catch, σ = 42 t. What is the probability that during a sample of n = 36 fishing days, the total weight of the catch will be 4,320 t or more?
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Related Book For
Statistics For Business And Financial Economics
ISBN: 9781461458975
3rd Edition
Authors: Cheng Few Lee , John C Lee , Alice C Lee
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