(See) In a recent year, about two-thirds of U.S. households purchased ground coffee. Consider the annual ground coffee expenditures for households purchasing


Question: In a recent year, about two-thirds of U.S. households purchased ground coffee. Consider the annual ground coffee expenditures for households purchasing ground coffee, assuming that these expenditures are approximately distributed as a normal random variable with a mean of $65.16 and a standard deviation of $10.00.

  1. Find the probability that a household spent less than $35.00.
  2. Find the probability that a household spent more than $60.00.
  3. What proportion of the households spent between $40.00 and $50.00?
  4. 99% of the households spent less than what amount?

Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document

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