subject
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?

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 15:00
Asap ! 1. evaluate the following and simplify if possible when pie = 22 11/pie = 2. evaluate the following and simplify if possible when pie = 11 and y = 5 pie/12 - y/12 = 3. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/ pie = 4. evaluate the following and simplify if possible when pie = 5 : 3/pie + 2/pie = 5. evaluate the following and simplify if possible when pie = 6 and y = 10: x/y = 6. evaluate the following and simplify if possible when pie = 6: pie/9 7. evaluate the following and simplify if possible when pie = 5 and y = 20: pie/y = 8. evaluate the following and simplify if possible when pie = 4 and y = 24: pie/y = 9. evaluate the following and simplify if possible when pie = 6 5/pie = 10. evaluate the following and simplify if possible when pie = 21 4/7 + 2/pie = 11. evaluate the following and simplify if possible when pie = 3 and y = 1 pie/10 + y/5 = 12.evaluate the following and simplify if possible when pie = 8 pie/10 =
Answers: 1
question
Business, 22.06.2019 00:30
Adds up the money earned by producers plus taxes paid to the goverment. a) income approach b) product approach c) expenditure approach
Answers: 3
question
Business, 22.06.2019 03:00
Which of the following is not a consideration when determining your asset allocation
Answers: 3
question
Business, 22.06.2019 11:00
When partners own different portions of the business, the terms should be stated clearly in what document? the articles of incorporation the executive summary the business summary the partnership agreement
Answers: 3
You know the right answer?
In a certain city, the mean price of a two-liter bottle of soda is $1.50 and the standard deviation...
Questions
question
Mathematics, 09.04.2021 05:40
question
Mathematics, 09.04.2021 05:40
question
Mathematics, 09.04.2021 05:40
Questions on the website: 13722367