2. In August of 2017, in the wake of Hurricane Harvey, a group of social workers established...
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2. In August of 2017, in the wake of Hurricane Harvey, a group of social workers established an online relief fund, and in only 48 hours, 7000 contributions were made to the fund. Suppose that contributions were identically distributed, independent random variables with mean $220 and standard deviation $90. Find an approximate 95th percentile for F, the distribution function of the total amount contributed to the relief fund. That is, find the value of x for which F(x) = 0.95.
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Fundamentals Of Probability With Stochastic Processes
ISBN: 9780429856273
4th Edition
Authors: Saeed Ghahramani
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