Answer to Question #256817 in Statistics and Probability for rhea

Question

Weekly revenues for a particular curry puff seller in Ang Mo Kio are normally distributed with mean $11,480 and standard deviation $1,165. For how many weeks per year would you expect revenues to be less than $8,150?

Answer 1

$P(X<8150)=P(\frac{x-\mu}{\sigma}<\frac{8150-11480}{1165})$

$=P(Z<-2.86)$

From Z normal distribution table;

$P(X<8150)=0.0021$

This means only 0.21% weeks per year would expect revenues to be less than $8,150.