Business, 26.11.2019 00:31, hailscooper7363

In a certain city, the mean price of a two-liter bottle of soda is $1.50 and the standard deviation is $0.20 at various grocery stores. the mean price of one gallon of milk is $3.80 and the standard deviation is $0.30. ten tourists came to the city together. they separately went to randomly chosen grocery stores, and each person bought one item. six of them bought two-liter bottles of soda, and each of the remaining four bought one gallon of milk. a. what is the expected total amount of money that the 10 people spent? b. if the prices of individual items are independent and normally distributed, what is the probability that the total amount of money the 10 people spent is at least $25?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 05:30, junior2461

Identify the three components of a family's culture and provide one example from your own experience

Answers: 2

continue

Business, 22.06.2019 09:00, episodegirl903

You speak to a business owner that is taking in almost $2000 in revenue each month. the owner still says that they are having trouble keeping the doors open. how can that be possible? use the terms of revenue, expenses and profit/loss in your answer

Answers: 3

continue

Business, 22.06.2019 10:30, abigail251

Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. ( t or f)

Answers: 1

continue

Business, 22.06.2019 12:00, ddaaaeeee3503

Which of the following is one of the advantages primarily associated with a performance appraisal? (a) it protects employees against discrimination on the basis of race. (b) it motivates employees to work on their shortcomings. (c) it encourages employees to play the role of the whistle-blower. (d) it accurately measures the resources of the firm.

Answers: 2

continue

Do you know the correct answer?

In a certain city, the mean price of a two-liter bottle of soda is $1.50 and the standard deviation...