Suppose the average casino patron in Las Vegas loses $110 dollars per day,with a standard deviation of $700.Assume winnings/losses are normally distributed.
A)What is the probability that a random group of nine people average more than $500 in winnings on their one day trip to Las Vegas?
B)What is the probability that a random group of nine people average more than $500 in losses on their one day trip to Las Vegas?
Correct Answer:
Verified
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