Explain individuals wager over how much money


You own a small casino and want to reward high rollers. In particular, you want to give free accommodations to no more than 10% of your patrons. Suppose the amount wagered by patrons follows a normal distribution. The mean amount wagered by all patrons is $287 with a standard deviation of $15. You should give free accommodations to those individuals who wager over how much money?

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Basic Statistics: Explain individuals wager over how much money
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