Akiko operates a private medical research facility in Japan. The clinics monthly telephone bill is normally distributed
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Akiko operates a private medical research facility in Japan. The clinic’s monthly telephone bill is normally distributed with a mean of $67.69 and a standard deviation of $3. Akiko is considering a calling plan that has a great benefit for a customer who often uses international calling and whose phone bill is more than $75 per month; however, the plan also requires an extra basic fee for the service. What is the probability that Akiko’s phone bill is going to be more than $75?
Please provide an answer on an excel spreadsheet and provide a formula explanation
Related Book For
Business Statistics a decision making approach
ISBN: 978-0133021844
9th edition
Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry
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