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G Let Us Assess Solve the following problems. Use a separate sheet of paper for your solutions. 1. The average number of kilos of meat
G Let Us Assess Solve the following problems. Use a separate sheet of paper for your solutions. 1. The average number of kilos of meat climbed up to 300 pesos with a standard deviation of 50 pesos. Assume that the variable is normally distributed. a. What is the probability that a public market selected randomly will set their price to more than 280 pesos? Hint: Use P(X > 280) b. Find the probability that a public market selected randomly will set their price to less than 325 pesos? Hint: Use P(X 290) d. [f 60 markets are selected randomly, calculate the probability that the average price of the meat ranges from 285 pesos and 312 pesos? Hint: Use P(285 s 2? g 312)
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