The owner of a convenience store has determined that their daily revenue has mean $7,200 and standard deviation $1,200. A simple random sample of the next 30 days is taken and daily revenue is recorded. What is the probability that the mean daily revenue for the next 30 days will be between $7,000 and $7,500? Round answer to 4 decimal places
The owner of a convenience store has determined that their daily revenue has mean $7,200 and standard deviation $1,200. A simple random sample of the next 30 days is taken and daily revenue is recorded. What is the probability that the mean daily revenue for the next 30 days will be between $7,000 and $7,500? Round answer to 4 decimal places
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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