According to Business Week, Maternity Chic, a purveyor of designer maternity wear, sells dresses and pants priced

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According to Business Week, Maternity Chic, a purveyor of designer maternity wear, sells dresses and pants priced around $150 each for an average total sale of $1,200. The total sale has a normal distribution with a standard deviation of $350.

a. Calculate the probability that a randomly selected customer will have a total sale of more than $1,500.

b. Compute the probability that the total sale will be within 2 standard deviations of the mean total sales.

c. Determine the median total sale.

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Related Book For  book-img-for-question

Business Statistics A Decision Making Approach

ISBN: 9780136121015

8th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry, Kent D. Smith

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