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the mean amount purchased by a typical customer at Churchill\'s grocery store is

ID: 3377228 • Letter: T

Question

the mean amount purchased by a typical customer at Churchill's grocery store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers answer the following questions:
A) what is the likelihood the sample mean is at least $24.00? B) what is the likely hood the smaller mean is greater than $24.00 but less than $25.00? C) within what limits will 95% of the sample means occur? the mean amount purchased by a typical customer at Churchill's grocery store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers answer the following questions:
A) what is the likelihood the sample mean is at least $24.00? B) what is the likely hood the smaller mean is greater than $24.00 but less than $25.00? C) within what limits will 95% of the sample means occur? the mean amount purchased by a typical customer at Churchill's grocery store is $23.50 with a standard deviation of $5.00. Assume the distribution of amounts purchased follows the normal distribution. For a sample of 50 customers answer the following questions:
A) what is the likelihood the sample mean is at least $24.00? B) what is the likely hood the smaller mean is greater than $24.00 but less than $25.00? C) within what limits will 95% of the sample means occur?

Explanation / Answer

the mean amount purchased by a typical customer at Churchill's grocery store is