Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In a large sample of customer accounts, a utility company determined that the average number of days between when a bill was sent out and

In a large sample of customer accounts, a utility company determined that the average number of days between when a bill was sent out and when the payment was made is 24 with a standard deviation of 13 days. Assume the data to be approximately bell-shaped. Approximately 95% of all customers accounts have the average number of days between two values A and B. What is the value of B? Write only a number as your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Finite Mathematics and Its Applications

Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair

12th edition

978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632

More Books

Students also viewed these Mathematics questions