11. Vicki owns two department stores. Delinquent charge accounts at store 1 show a normal distribution, with
Question:
11. Vicki owns two department stores. Delinquent charge accounts at store 1 show a normal distribution, with mean $90 and standard deviation $30, whereas at store 2 they show a normal distribution with mean $100 and standard deviation $50. If 10 delinquent accounts are selected randomly at store 1 and 15 at store 2, what is the probability that the average of the accounts selected at store 1 exceeds the average of those selected at store 2?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Fundamentals Of Probability With Stochastic Processes
ISBN: 9780429856273
4th Edition
Authors: Saeed Ghahramani
Question Posted: