The average credit card debt for college seniors is $3000. If the debt is normally distibuted with a standard deviation of $1500, find the following probabilities... A) The senior owes at least $1200 B) The senior owes more than $4000 C) The senior owes between $2500 and $3500
The average credit card debt for college seniors is $3000. If the debt is normally distibuted with a standard deviation of $1500, find the following probabilities... A) The senior owes at least $1200 B) The senior owes more than $4000 C) The senior owes between $2500 and $3500
Chapter8: Sequences, Series,and Probability
Section8.7: Probability
Problem 11ECP: A manufacturer has determined that a machine averages one faulty unit for every 500 it produces....
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The average credit card debt for college seniors is $3000. If the debt is normally distibuted with a standard deviation of $1500, find the following probabilities...
A) The senior owes at least $1200
B) The senior owes more than $4000
C) The senior owes between $2500 and $3500
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