The manager at a local movie theater has collected data for a long period of time and has concluded that the revenue from concession sales during the first show each evening is normally distributed with a mean equal to $336.25 and a standard deviation equal to $80. Based on this information, what are the chances that the revenue on the first show will be between $300 and $500?
A. About 0.3062
B. Approximately 0.6534
C. 0.1736
D. Approximately 0.4798
Answer:B
The manager at a local movie theater has collected data for a long period of time and has concluded that the revenue from concession sales during the first show each evening is normally distributed with a mean equal to $336.25 and a standard deviation equal to $80. Based on this information, what are the chances that the revenue on the first show will be between $300 and $500?
A. About 0.3062 B. Approximately 0.6534 C. 0.1736 D. Approximately 0.4798