Answer: $295
Explanation:
Given that,
Amount spent by the students is normal in shape
Mean = $235
Standard deviation = $20
99.7% is within 3 standard deviations of the mean:
= Mean + 3 × Standard deviation
= $235 + 3 × $20
= $235 + $60
= $295
The amount of $295 is spent by all the students on textbooks.