SOLUTION:        6. The daily sales by Hank’s Hot Dogs have a mean of $572.50 and a standard deviation of      $26.10.   (d) What percent of the time with the daily sales is greater than $

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Question 621763:        6. The daily sales by Hank’s Hot Dogs have a mean of $572.50 and a standard deviation of      $26.10.
 
(d) What percent of the time with the daily sales is greater than $564?
(e) What percent of the time will the daily sales be greater than $600?
 
Answer by ewatrrr(24785)   (Show Source): You can put this solution on YOUR website!
 

Hi,

daily sales by Hank’s Hot Dogs have a mean of $572.50 and SD = $26.10

 P(x >564) = 1 - P(z ≤ -8.50/23.10) = 1 - NORMSDIST(-.368) = .6436  OR 64.36% 

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