Answer:
Step-by-step explanation:
Given μA = $2.78, σA = $0.25, μB = $2.45, σB = $0.20, you want ...
The probabilities of interest are found using the CDF function of a suitable calculator or spreadsheet.
(a) P(A < $2.50) ≈ 0.1314
(b) P(B < $2.50) ≈ 59.87%
(c) P(B > $2.78) ≈ 0.0495
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Additional comment
We note that you have provided your own answers to these questions. The answer you give for question B is not given as the percentage requested.
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