BUS 130
Notre Dame De Namur University
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BUS130 Statistics Assignment MAIS33299422
- Examen • 10 pages • 2022
- $9.49
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BUS130 Statistics Assignment
PART A:
Consumers spend an average of $21 per week in cash without being aware of where it
goes (data extracted from ‘Snapshots: A Hole in Our Pockets,’ USA Today, January 18,
2010, p. 1A). Assume that the amount of cash spent without being aware of where it goes is
normally distributed and that the standard deviation is $5.
(a) What is the probability that a randomly selected person will spend more than
$25?
(b) What is the probability that a randomly se...
Examen
BUS130 Statistics Assignment MAIS33299422
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BUS130 Statistics Assignment PART A: Consumers spend an average of $21 per week in cash without being aware of where it goes (data extracted from ‘Snapshots: A Hole in Our Pockets,’ USA Today, January 18, 2010, p. 1A). Assume that the amount of cash spent without being aware of where it goes is normally distributed and that the standard deviation is $5. (a) What is the probability that a randomly selected person will spend more than $25? (b) What is the probability that a randomly se...
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