MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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The cost of items at a supermarket follow an exponential distribution. There are many inexpensive items and a few relativlely expensive ones. The mean cost per item is $13.0. What is the percentage of items that cost: More than $14., and between $11.0 and $13.0?
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