(See Solution) Confectionary Products. Americans ate an average of 25.7 pounds of confectionary products each last year and spent an average of $61,50 per
Question: Confectionary Products. Americans ate an average of 25.7 pounds of confectionary products each last year and spent an average of $61,50 per person doing 30 .If the standard deviation for consumption is $3.75$ pounds and the standard deviation tor the amount spent is $5.89, find the following:
- The probability that the sample mean confectionary consumption for a random sample of 40 American consumers was greater than 27 pounds.
- The probability that for a random sample of 50 the sample mean for confectionary spending exceeded $60.00.
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