Question

PLEASE HELP!

The prize for winning a contest can be chosen from category A or category B. Prizes from category A have a mean of $1000 and a standard deviation of $50. Prizes from category B have a mean of $1000 and a standard deviation of $300. Describe an advantage of each prize category.

Answer 1

x 115
--------- = ------
216.75 100
216.15*115=249263.25
249263.25/100=249.2625
x= 249.26 B