Question
Gary's Bicycle Shop typically sells 30 bikes a month and the distribution of the number of bikes sold is normally distributed with an average retail
Gary's Bicycle Shop typically sells 30 bikes a month and the distribution of the number of bikes sold is normally distributed with an average retail selling price of $164. If the standard deviation for of the selling price is $56, what is the probability that the mean selling price is more than $175?
Group of answer choices
0.4221
0.85901
0.1410
0.5779
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Auditing Cases An Active Learning Approach
Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt
2nd Edition
0130674842, 978-0130674845
