Rivers Casino did an audit of all of their blackjack tables and found that the amount of money collected per night by a certain table has a mean of $6,000, a standard deviation of $200, and is approximately normally distributed. d) What is the probability that a table will collect between $5600 and $5800 tomorrow night? e) What is the probability that a table will collect more than $6400 tomorrow night?

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A: Note: Please repost part d as i can answer only 3 subparts as per my policy. Given data,Mean μ=4.56…

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.