Ask Question
28 April, 01:05

The mean spent on lottery tickets is normally distributed with a mean of $6.50 and a standard deviation of $2.25. If one customer is randomly selected, find the probability they will spend between $4 and $9.50

+4
Answers (1)
  1. 28 April, 01:31
    0
    First, we have to find the z scores of $4 and $9.50.

    Z₁ = ($4 - $6.50) / $2.25 = - 1.11

    Z₂ = ($9.50 - $6.50) / $2.25 = 1.33

    Then, using a z score table, we find the probability of 1.33 and - 1.11, and subtract them to determine the probability in between.

    0.9082 - 0.1335 = 0.7747 or 77.47%.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “The mean spent on lottery tickets is normally distributed with a mean of $6.50 and a standard deviation of $2.25. If one customer is ...” in 📗 Mathematics if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers