SOLUTION: Let the random variable X represent the profit made on a randomly selected day by a certain store. Assume X is normal, with a mean of $360 and standard deviation $50. What is the

Algebra ->  Probability-and-statistics -> SOLUTION: Let the random variable X represent the profit made on a randomly selected day by a certain store. Assume X is normal, with a mean of $360 and standard deviation $50. What is the      Log On


   



Question 866412: Let the random variable X represent the profit made on a randomly selected day by a certain store. Assume X is normal, with a mean of $360 and standard deviation $50.
What is the maximum amount will the store make at the probability is approximately 60% on a randomly selected day?

Answer by ewatrrr(24785) About Me  (Show Source):
You can put this solution on YOUR website!
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