Experience has shown that the value of orders placed by customers of Makro is normally distributed, with an average order value (μ) of R1 050, and a standard deviation (σ) of R165. A sample of 105 orders is randomly selected. What is the probability that the mean value of the orders in the sample is less than R1 045? Interpret your answe
Experience has shown that the value of orders placed by customers of Makro is normally distributed, with an average order value (μ) of R1 050, and a standard deviation (σ) of R165. A sample of 105 orders is randomly selected. What is the probability that the mean value of the orders in the sample is less than R1 045? Interpret your answe
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 19PFA
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Experience has shown that the value of orders placed by customers of Makro is
What is the probability that the
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