document.write( "Question 904010: You are the owner of a small casino in Las Vegas and you would like to reward the high-rollers who come to your casino. In particular, you want to give free accommodations to no more than 10% of your patrons. Suppose that the amount wagered by patrons follows a normal distribution. The mean amount wagered by all patrons is $287 with a standard deviation of $15. You should give free accommodations to those individuals who wager over how much money? \n" ); document.write( "
Algebra.Com's Answer #548454 by ewatrrr(24785)![]() ![]() You can put this solution on YOUR website! z = invNorm(.90) = (X - 287)/15 \n" ); document.write( "15(invNorm(.90)) + 287 = X (over this amount to qualify for free accommodations) \n" ); document.write( " |