A study was conducted by a team of college students for the college research center. From the study, it was reported that most shoppers have a specific spending limit in place while shopping online. The reports indicate that men spend an average of $230 online before they decide to visit a store. If the spending limit is normally distributed and the standard deviation is $19. (a) Find the probability that a male spent at least $210 online before deciding to visit a store. Ans:
(b) Find the probability that a male spent between $240 and $300 online before deciding to visit a store. Ans:
(c) Find the probability that a male spent exactly $250 online before deciding to visit a store. Ans: (d) Ninety-one percent of the amounts spent online by a male before deciding to visit a store are less than what value? Ans:

(20 points) a bank has been receiving complaints from real estate agents that their customers have been waiting too long for mortgage confirmations. the bank prides itself on its mortgage application process and decides to investigate the claims. the bank manager takes a random sample of 20 customers whose mortgage applications have been processed in the last 6 months and finds the following wait times (in days): 5, 7, 22, 4, 12, 9, 9, 14, 3, 6, 5, 15, 10, 17, 12, 10, 9, 4, 10, 13 assume that the random variable x measures the number of days a customer waits for mortgage processing at this bank, and assume that x is normally distributed. 2a. find the sample mean of this data (x ě…). 2b. find the sample variance of x. find the variance of x ě…. for (c), (d), and (e), use the appropriate t-distribution 2c. find the 90% confidence interval for the population mean (îľ). 2d. test the hypothesis that îľ is equal to 7 at the 95% confidence level. (should you do a one-tailed or two-tailed test here? ) 2e. what is the approximate p-value of this hypothesis?