Question:
Farmers sell milk by the hundredweight (100 pounds of milk).
Last updated: 7/20/2022
Farmers sell milk by the hundredweight (100 pounds of milk). At one time the mean price was $16.30 per hundredweight with a standard deviation of 2.01. What is the probability that the farmer's price is between $12.28 and $16.30? Use the 68-95-99.7 normal distribution curve. 15.85% 47.5% 13.5% 34.0%