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Groceries. A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $32 a standard deviation of $20. a)
Groceries. A grocery store's receipts show that Sunday customer purchases have a skewed distribution with a mean of $32 a standard deviation of $20.
a) explain why you cannot determine the probability that the next Sunday customer will spend at least $40.
b) can you estimate the probability that the next 10 Sunday customers will spend an average of at least $40? Explain.
c) it is likely that the next 50 Sunday customers will spend an average of at least $40? Explain.
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