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A clothing store's receipts say that on a given Saturday, the purchases made by their customers have a skewed distribution, with a stand deviation of
A clothing store's receipts say that on a given Saturday, the purchases made by their customers have a skewed distribution, with a stand deviation of $14 and a mean of $26. Let's assume that the clothing store had 309 customers on that particular Saturday
Question 1:
What would the probability be that the clothing stores revenues were a minimum of $8300? (round answer to 4 decimal places)
Question 2
On a Saturday, the clothing store serves their customers, what would the store take in on the worst 1% of days like this
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