173899
173899
11.12.2019 • 
Mathematics

The amount of money collected by a snack bar at a large university has been recorded daily for the past five years. records indicate that the mean daily amount collected is $3650 and the standard deviation is $600. the distribution is skewed to the right due to several high volume days (including football game days). suppose that 100 days were randomly selected from the five years and the average amount collected from those days was recorded. a. calculate and interpret μx. round your answer to two decimal places and show the work that leads to your answer. b. calculate and interpret σx. round your answer to two decimal places and show the work that leads to your answer. c. find and interpret p(x > 3550). round your answer correct to three decimal places and show the work that leads to your answer. d. find and interpret p(x < 3750). round your answer correct to three decimal places and show the work that leads to your answer. e. find and interpret p(3550 < x < 3750). round your answer correct to three decimal places and show the work that leads to your answer.

Solved
Show answers

Ask an AI advisor a question