Problem

You are to write down on a piece of paper how much (to the nearest penny) money you have...

You are to write down on a piece of paper how much (to the nearest penny) money you have on you. Your instructor will then collect the data and share the results with the class. Your assignment is to organize the data per your instructor’s suggestion and calculate the mean and standard deviation of the data. Assuming a normal distribution, determine the probability that a student has between $5 to $10. What is the probability that a student has less than $10?

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Solutions For Problems in Chapter 19