Administrators at the national headquarters of the Center for the Display of Visual Arts are authorized to

Question:

Administrators at the national headquarters of the Center for the Display of Visual Arts are authorized to make small work-related purchases using purchasing cards. The average amount administrators charge to their cards per month is $ 278 with a standard deviation of 33 dollars. The data are normally distributed. The auditing staff at the center is concerned with the spending patterns of an administrator who has averaged $ 349 per month in charges. What percentage of balances are between $ 278 and $ 349 per month? What percentage of balances exceed $ 349 per month? Should the auditing staff be concerned about the spending habits of this particular administrator?
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Applied Statistics For Public And Nonprofit Administration

ISBN: 9781285737232

9th Edition

Authors: Kenneth J. Meier, Jeffrey L. Brudney, John Bohte

Question Posted: