MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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OHaganBooks.com has launched a subsidiary, GnuYou.com, which sells beauty products online. Most products sold by GnuYou.com are skin creams and hair
products. The following table shows monthly revenues earned through sales of these products. (Assume a normal distribution.)
Product
Skin Creams
Hair Products
Mean Monthly Revenue ($)
34,000
31,000
Standard Deviation ($)
21,000
19,000
What is the probability that GnuYou.com will sell at least $50,000 worth of skin cream next month? (Round your answer to three decimal places.)
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Transcribed Image Text:OHaganBooks.com has launched a subsidiary, GnuYou.com, which sells beauty products online. Most products sold by GnuYou.com are skin creams and hair products. The following table shows monthly revenues earned through sales of these products. (Assume a normal distribution.) Product Skin Creams Hair Products Mean Monthly Revenue ($) 34,000 31,000 Standard Deviation ($) 21,000 19,000 What is the probability that GnuYou.com will sell at least $50,000 worth of skin cream next month? (Round your answer to three decimal places.)
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