21. Suppose that the amount of credit card debt a student has during a 4 year college stay is equally likely to be between $1000 and $5000. a.) What's the probability that a randomly selected student has exactly $1500 in credit card debt? b.) What's the probability that a randomly selected student has between $1200 & $3000 in credit card debt? c.) What's the probability that a randomly selected student has no more than $2500 in credit card debt?
21. Suppose that the amount of credit card debt a student has during a 4 year college stay is equally likely to be between $1000 and $5000. a.) What's the probability that a randomly selected student has exactly $1500 in credit card debt? b.) What's the probability that a randomly selected student has between $1200 & $3000 in credit card debt? c.) What's the probability that a randomly selected student has no more than $2500 in credit card debt?
A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
Section: Chapter Questions
Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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21. Suppose that the amount of credit card debt a student has during a 4 year college stay is equally likely to be between $1000 and $5000.
a.) What's the probability that a randomly selected student has exactly $1500 in credit card debt?
b.) What's the probability that a randomly selected student has between $1200 & $3000 in credit card debt?
c.) What's the probability that a randomly selected student has no more than $2500 in credit card debt?
![21. Suppose that the amount of credit card debt a student has during a 4 year college stay is equally likely to be
between $1000 and $5000.
a.) What's the probability that a randomly selected student has exactly $1500 in credit card debt?
b.) What's the probability that a randomly selected student has between $1200 & $3000 in credit card debt?
c.) What's the probability that a randomly selected student has no more than $2500 in credit card debt?
36 SHOE](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F850fcaab-47cf-466d-99bc-0b48b492bcf3%2F0ba449b7-3489-4d56-b102-de49ae2ac505%2Fvcjbd4b_processed.jpeg&w=3840&q=75)
Transcribed Image Text:21. Suppose that the amount of credit card debt a student has during a 4 year college stay is equally likely to be
between $1000 and $5000.
a.) What's the probability that a randomly selected student has exactly $1500 in credit card debt?
b.) What's the probability that a randomly selected student has between $1200 & $3000 in credit card debt?
c.) What's the probability that a randomly selected student has no more than $2500 in credit card debt?
36 SHOE
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