SOLUTION: Max’s customers put money for charity in a collection box on the front counter of his shop. Assume that the average weekly collection is approximately normally distributed with a
Algebra ->
Probability-and-statistics
-> SOLUTION: Max’s customers put money for charity in a collection box on the front counter of his shop. Assume that the average weekly collection is approximately normally distributed with a
Log On
Question 1189308: Max’s customers put money for charity in a collection box on the front counter of his shop. Assume that the average weekly collection is approximately normally distributed with a mean of $40 and a standard deviation of $6. What proportion of weeks would he expect to collect:
i. between $30 and $50 (0.904)
ii. At least $50 (4.78%)
B. How much money would he collect in 2 years (don't understand how to do this part). Answer by Solver92311(821) (Show Source):
There is no way to determine how much he would collect in 2 years except to count the money after 2 years. The expected sum would be $40 times 104 weeks.
John
My calculator said it, I believe it, that settles it
From
I > Ø
