Question
A recent report indicated a typical family of four spends $490 per month on food. Assume the distribution of food expenditures for a family of
A recent report indicated a typical family of four spends $490 per month on food. Assume the distribution of food expenditures for a family of four follows the normal distribution, with a standard deviation of $90 per month. What percent of families spend less than $430 per month?Make answer as decimal rounded to the thousandth.
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Essentials of Business Analytics
Authors: Jeffrey D. Camm, James J. Cochran, Michael J. Fry, Jeffrey W. Ohlmann, David R. Anderson
2nd edition
1305627733, 978-1305861817, 1305861817, 978-0357688960, 978-1305627734
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