2. Suppose the weekly amount spent on computer repairs is normally distributed with a mean of $500 and a standard deviation of $30. (a) Find the probability that less than $450 is spent on repairs during any given week. (b) How much should be budgeted weekly for repairs to ensure that the amount spent exceeds the budgeted amount with probability 0.05?
2. Suppose the weekly amount spent on computer repairs is normally distributed with a mean of $500 and a standard deviation of $30. (a) Find the probability that less than $450 is spent on repairs during any given week. (b) How much should be budgeted weekly for repairs to ensure that the amount spent exceeds the budgeted amount with probability 0.05?
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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