giving free gift to every customer who spends more than a certain amount per
Question Three
The management of a supermarket wants to adopt a new promotional policy of
giving free gift to every customer who spends more than a certain amount per
visit at this supermarket. The expectation of the management is that after this
promotional policy is advertised, the expenditure for all customers at this
supermarket will be normally distributed with mean 400 £ and a variance of
900
£
2
.
1) If the management wants to give free gifts to at most 10% of the customers,
what should the amount be above which a customer would receive a free gift?
2) In a sample of 100 customers, what are the number of customers whose
expenditure is between 420 £ and 485 £?
3) What is a probability of selecting a customer whose expenditure is differ than
the population mean expenditure by at most 50 £?
4) What is the probability that the expenditure of the first customer exceeds the
expenditure of the second customer by at least 20 £?
5) In a sample of 250, find the count that corresponds to the interquartile range.
6) Based on your answer in (5) and without any calculation, if the mean changed
to be 500 £, would the probability be the same?
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