Find probability that average weekly expense will exceed, Basic Statistics

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Find probability that average weekly expense will exceed

What is the approximate probability that the average weekly postage expense for the past 52 weeks will exceed the budgeted amount of $ 400? ( b) What information would you need to determine the probabil-ity that postage for one particular week will exceed $ 400? Why wasn't this information required for ( a)?

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Basic Statistics: Find probability that average weekly expense will exceed

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Basic Statistics: Find probability that average weekly expense will exceed

Reference No:- TGS0114397

Have a Question? (oR Write a Review)

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Request for Solution File

Ask an Expert for Answer!!

Basic Statistics: Find probability that average weekly expense will exceed

Reference No:- TGS0114397

Recent Questions Asked Basic Statistics

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