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Can you show me how to solve this? 2: Last year, the typical college student graduated with $25,800 in debt ( The Boston Globe ,
Can you show me how to solve this?
2: Last year, the typical college student graduated with $25,800 in debt (The Boston Globe, May 27, 2012). Let debt among recent college graduates be normally distributed with a standard deviation of $5,000..
a.
What is the probability that the average debt of two recent college graduates is more than $28,000?
b.
What is the probability that the average debt of two recent college graduates is more than $33,000?
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