Register
Answer the ransin sports company has noted that the size of individual customer orders is normally distributed with a mean of $102 and a standard deviation of $8. if a basketball team of 5 players were
35.1k views
0 votes
Answer the ransin sports company has noted that the size of individual customer orders is normally distributed with a mean of $102 and a standard deviation of $8. if a basketball team of 5 players were to make the next batch of orders, what is the probability that the mean purchase would exceed $104?

User Borarak
by
6.9k points

1 Answer

6 votes
We can only assume that the order amounts are uncorrelated.
.. normalcdf(104, 150, 102, 8/√(5)) = .288075061

The probability is about 28.8%.

_____
source: TI-83/84 calculator
User Boris Hamanov
by
7.2k points
Ask a Question
Welcome to QAmmunity.org, where you can ask questions and receive answers from other members of our community.

7.6m questions

10.2m answers

Other Questions

How do you can you solve this problem 37 + y = 87; y =
What is .725 as a fraction
How do you estimate of 4 5/8 X 1/3
A bathtub is being filled with water. After 3 minutes 4/5 of the tub is full. Assuming the rate is constant, how much longer will it take to fill the tub?
i have a field 60m long and 110 wide going to be paved i ordered 660000000cm cubed of cement  how thick must the cement be to cover field
Link Copied!