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A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $34 and a standard deviation of $19 Suppose
A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $34 and a standard deviation of $19 Suppose the store had 323 customers this Sunday.
a) Estimate the probability that the store's revenues were at least
$11,600
b) If, on a typical Sunday, the store serves 323 customers, how much does the store take in on the worst 1% of such days?
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