The owner of a computer repair shop has determined that their daily revenue has a mean of
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Question:
The owner of a computer repair shop has determined that their daily revenue has a mean of $7200 and standard deviatiation of $1200. The daily revenue is normally destributed.
a) What is the probability that a ramdomly selected day will have a revenue of at most, $7000?
b) what is the probability that the mean daily revenue of 30 days will exceed $7500.?
C) What is the probability that the mean daily revenue of 100 days will be lower than $ 7000? Can you also show the work on TI 84 Plus CE? Thanks. Please I need help with this problem. TI 84 PLUS CE SOLUTION. A- 0.4338, B-0.0855, C-0.0478 These are the correct totals. with a ti 84 calculator.
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