Amount of money a customer

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The amount of money a customer spends in one trip to the supermarket is known to have an exponential distribution. Suppose the mean amount of money a customer spends in one trip to the supermarket is $72.

State the distribution to use if you want to find the probability that the mean amount spent by 5 customers in one trip to the supermarket is less than $60.

Reference no: EM131824288

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