Multiple Choice
Peak Previously Played Picks buys and sells used sports equipment.For the past year,the mean purchase of used sports equipment was $36 with a standard deviation of $8.Find the probability that the mean purchase from a sample of 16 customers will be greater than $40.Use the Microsoft Excel function NORM.DIST.
A) 2.28%
B) 69.15%
C) 100.00%
D) 97.73%
Correct Answer:
Verified
Correct Answer:
Verified
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