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JenStar tracks their daily profits and has found that the distribution of profits is approximately normal...

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Statistics

JenStar tracks their daily profits and has found that thedistribution of profits is approximately normal with a mean of$16,900.00 and a standard deviation of about $650.00. Using thisinformation, answer the following questions.
For full marks your answer should be accurate to at least threedecimal places.
Compute the probability that tomorrow's profit will be

a) between $18,050.50 and $18,603.00

b) less than $17,920.50 or greater than $18,271.50

c) greater than $17,062.50

d) less than $16,835.00 or greater than $18,083.00

e) less than $17,985.50

Answer & Explanation Solved by verified expert
4.3 Ratings (868 Votes)
This is a normal distribution question witha P180505 x 186030This implies thatP180505 x 186030 P177 z 262 PZ 262 PZ    See Answer
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