According to Consumer Response Annual Report, millennials spent an average of $103 on monthly dining in...

According to Consumer Response Annual Report, millennials spent an average of $103 on monthly dining in 2016. Let the amount spent on a monthly dining be normally distributed with unknown standard deviation. Assume that the probability of a randomly-selected millennial that spends more than $133 is 10%, and the probability that a randomly-selected millennial that spends less than $97 pounds is 40%. What is the probability that a randomly-selected millennial will spend between $73 and $109 on a monthly dining?

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orchestra answered 1 year ago

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