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The amount of monthly interest paid by credit card holders at a particular bank is suspected to be approximately normally distributed. An analysis of the
The amount of monthly interest paid by credit card holders at a particular bank is suspected to be approximately normally distributed. An analysis of the monthly interest paid by a random sample of card holders at this bank produced the following summary statistics table. Interest paid ($) Mean 43 Standard Error 2.5 Median 43 Mode 43 Standard Deviation 6 Sample Variance 36 Range 70 Minimum 0 Maximum 124 Count 80 SHOW YOUR WORKINGS TO SUPPORT YOUR ANSWER. What is more unusual: a customer who paid less than $10 in interest or a customer who paid less than $40 in interest? Do a comparison of Z scores in your
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