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

Using the Microsoft Excel function NORM.DIST, find the probability that the next person who comes in to buy used equipment will pay more than $40.
A) 30.85%
B) 69.15%
C) 24.20%
D) 95.60%


A

Business

You might also like to view...

Which of the following caused the Empowerment approach to become popular?

A. intense global competition B. rapidly developing technology C. the need for faster product development D. all of these

Business

Identify the conjunction in the sentence. Wait! Give him the plane ticket and passport!

Business

Which of the following statements is true about the relationship between civil law systems and common law systems?

A) They are polar opposites which have not yet been reconciled by legal scholars. B) They are most evident in Islamic nations. C) They are tending to merge, as judges in civil law countries take greater note of case law in their decisions. D) Hindu law makes use of common law, but it chooses to ignore cases that would be considered precedents under a civil-law system.

Business

A SELECT statement cannot include both a GROUP BY and an ORDER BY clause

a. True b. False Indicate whether the statement is true or false

Business