34. Donations. Organizers of a televised fundraiser
Chapter 16, Problem 34(choose chapter or problem)
34. Donations. Organizers of a televised fundraiser knowfrom past experience that most people donate smallamounts ($10$25), some donate larger amounts($50$100), and a few people make very generous donationsof $250, $500, or more. Historically, pledges averageabout $32 with a standard deviation of $54.a) If 120 people call in pledges, what are the mean andstandard deviation of the total amount raised?b) What assumption did you make in answering thisquestion?
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