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Standard deviation to save at the wise fool

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Reference no: EM131699741

Question: The Lucky Lovers discount at the Quiet Nook averages $5.83 with a standard deviation of $8.62. Just up the street, the Wise Fool restaurant has a competing Lottery of Love promotion. There a couple can select a specially prepared chocolate from a large bowl and unwrap it to learn the size of their discount. The restaurant's manager says the discounts vary with an average of $10.00 and a standard deviation of $15. How much more can you expect to save at the Wise Fool with what standard deviation?

Reference no: EM131699741

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