In recent years, about two-thirds of US households purchased ground coffee
In recent
years, about two-thirds of US 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
A. Find the probability that a household spent less than $35.00.
B. Find the probability that a household spent more than $60.00.
C. What proportion of households spent between $40.00 and $50.00.
D. 99% of households spent less than what amount?
Show your work
A. Find the probability that a household spent less than $35.00.
B. Find the probability that a household spent more than $60.00.
C. What proportion of households spent between $40.00 and $50.00.
D. 99% of households spent less than what amount?
Show your work
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