
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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Transcribed Image Text:A waiter believes the distribution of his tips has a model that is slightly skewed to the right, with a mean of $9.60 and a standard deviation of $4.70.
He usually waits on about 50 parties over a weekend of work.
a) Estimate the probability that he will earn at least $500.
b) How much does he earn on the best 10% of such weekends?
a) P(tips from 50 parties> $500)=|
(Round to four decimal places as needed.)
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