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Mathematics, 24.06.2020 05:01 russbeast6584

Suppose it is known that the distribution of purchase amounts by customers entering a popular retail store is approximately normal with mean $75 and standard deviation $20. Round your answers to three decimal places, if necessary. a. What is the probability that a randomly selected customer spends less than $85 at this store? b. What is the probability that a randomly selected customer spends between $65 and $85 at this store? c. What is the probability that a randomly selected customer spends more than $45 at this store? d. Find the dollar amount such that 75% of all customers spend no more than this amount. e. Find the dollar amount such that 80% of all customers spend at least this amount. f. Find two dollar amounts, equidistant from the mean, such that 90% of all customer purchases are between these values. 5th percentile 95th percentile

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