Solved

The Mean Amount Spent by a Family of Four on Food

Question 57

Multiple Choice

The mean amount spent by a family of four on food is $500 per month with a standard deviation of $75. Assuming that the food costs are normally distributed,what is the probability that a family spends less than $410 per month?


A) 0.2158
B) 0.8750
C) 0.0362
D) 0.1151

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q52: The mean of a normal probability distribution

Q53: For a uniformly distributed random variable,x,P(x)is constant.

Q54: For a standard normal distribution,what is the

Q55: In an illustration of a normal probability

Q56: If an average of 60 customers are

Q58: The seasonal output of a new experimental

Q59: The center of a normal probability distribution

Q60: For the exponential distribution,the mean and standard

Q61: Consider a continuous random variable x,which is

Q62: A large manufacturing firm tests job applicants.