Question
Suppose the amount of interest paid by a bank's Visa cardholder is normally distributed with a mean of $27 and a standard deviation of $7.
Suppose the amount of interest paid by a bank's Visa cardholder is normally distributed with a mean of $27 and a standard deviation of $7. In a random sample of 225 Visa cardholders, the probability that less than 108 cardholders in this sample pay more than $27 in interest is closest to
- 0.04
- 0.60
- 0.2743
- 0.5122
- 0.4840
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In Mixed Company Communicating In Small Groups And Teams
Authors: J. Dan Rothwell
10th Edition
0190919906, 978-0190919900
