- +1-530-264-8006
- info@tutorsglobe.com

What is the percentage of items

The cost per item at a supermarket follows an exponential distribution. There are many inexpensive items and a few relatively expensive ones. The mean cost per item is $4.00. What is the percentage of items that cost:

a. Less than $2.00? (Round your answer to 4 decimal places.)

b. More than $3.00? (Round your answer to 4 decimal places.)

c. Between $2.50 and $3.50? (Round your answer to 4 decimal places.)

d. Find the 20th percentile. Eighty percent of the supermarket items cost more than what amount?(Round your answer to 2 decimal places.)

Expected delivery within 24 Hoursrs

18,76,764

Questions

Asked

21,311

Experts

9,67,568

Questions

Answered

Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!

Submit Assignment2015 © Tutors Globe. All rights reserved.

## Q : Variety of climbing and mountaineering equipment

Descent, Inc., produces a variety of climbing and mountaineering equipment. One of its products is a traditional three-strand climbing rope. An important characteristic of any climbing rope is its tensile strength.