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Credit card company has determined that its customers charge an average of $280 per month on their accounts with a standard deviation of $20. a.

Credit card company has determined that its customers charge an average of $280 per month on their accounts with a standard deviation of $20.

a. What percentage of the customers charges more than $275 per month?

b. What percentage of the customers charges less than $243 per month?

c. What percentage of the customers charges between $241 and $301.60 per

month?

d. What do the mean and standard deviation represent to this card company? Briefly discuss your results.

Remember to also draw/sketch and shade the regions under the normal distribution curves.

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