SOLUTION: The mean amount spent by a family of four on food per month is $500, with a standard deviation of $75. Assuming that food costs are normally distributed, what is the probability t
Question 363043: The mean amount spent by a family of four on food per month is $500, with a standard deviation of $75. Assuming that food costs are normally distributed, what is the probability that a family spends less than $410/month? Answer by ewatrrr(24785) (Show Source): You can put this solution on YOUR website!
Hi,
*Note:
z = -1.2
P(family spends less than $410/month) = .115