Millennial s spent a mean of $163 per month o n dining in 2018. Assume that the

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Millennial s spent a mean of $163 per month o n dining in 2018.

Assume that the amount spent on dining per nth is normally distributed and that the standard deviation is $25.

a. What is the probability that a randomly selected millennial s pent more than $ 100 per month?

b. What is the probability that a randomly selected millennial s pent between $100 and $200 annually?

c. Between w hat two values will the middle 95 percent of the amounts spent fall?

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Statistics For Managers Using Microsoft Excel

ISBN: 9780135969854

9th Edition

Authors: David M. Levine, David F. Stephan, Kathryn A. Szabat

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Question Posted: Feb 14, 2022 12:27 AM

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Millennial s spent a mean of $163 per month o n dining in 2018. Assume that the

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a b PX 100PZ 252 9941 Probability f...View the full answer

Statistics For Managers Using Microsoft Excel

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