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Average daily lending activity

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Reference no: EM132290343

Over many years, the University of New South Wales Library has found it checks out an average of 2417 books per day, with a standard deviation of 356 books per day. Consider that the number of books checked out per day is normally distributed. Find the probability (to 4 decimal places) that:

1. On a given day, the number of books checked out is between 2500 and 3000,

2. The average daily lending activity over a two month period (i.e. 60 days) is greater than 2400 books per day.

Reference no: EM132290343

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