Tuesday

November 25, 2014

November 25, 2014

Posted by **john** on Saturday, August 4, 2007 at 1:43pm.

Do they tell you the most probable amount spent? There are an infinite number of combinations of mean amount spent and standard deviation that can result in a 70% probability of spending $20 or less. You need one additional bit of information to answer the question.

Does adding the word "WILL" help in answering the questions?

Solve the problem: The probability is 0.7 that a person shopping at a certain store "WILL" spend less than $20.00. For groups size of 22, find the mean number who spend less than $20.00

- statistics -
**Anonymous**, Monday, March 10, 2008 at 11:43pmhjj

**Answer this Question**

**Related Questions**

Math, Stats - the probability is 0.6 that a person shopping at a certian store ...

Math, Stats - the probability is 0.6 that a person shopping at a certian store ...

statistics - Shoppers were asked how much money they were going to spend today ...

Statistics - A shoe store knows that the purchase amount by its customers is a ...

Statistics - The average amount of time people spend on facebook each day is 71 ...

statistics - A popular retail store knows that the purchase amounts by its ...

statistics - The average amount of time people spend on facebook each day is 71 ...

statistics - A study found that citizens spend on average $1950 per year on ...

stats - An analysis is done to determine the amount spent on fresh fruits and ...

algebra 2 - 1) You want to buy gift for a friend and that likes going to the ...