Revenues of the different carts

Reference no: EM13105038

An entrepreneur in a developing country owns 10 food carts. He has ten employees to work with these food carts. Let Xi be a random variable representing revenue from cart i (on a particular day), i = 1,..., 10. Xi is approximately normally distributed with mean $35, and variance 64 (squared dollars). Revenues of the different carts are independent.

What is the probability that cart i will generate revenue less than $30 on a particular day?

Reference no: EM13105038

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