Proportion of the time would he buy bananas

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Reference no: EM1387520

The price of bananas each week in a grocery store is normally distributed with a mean (µ) of 37.8 cents per pound and a standard deviation (σ) is 3 cents.

A. What is the probability that bananas will sell for between 30 and 35 cents per pound in any given week?

B. Mark makes it a policy not to buy bananas unless the price is 33 cents or less per pound. What proportion of the time would he buy bananas?

Reference no: EM1387520

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