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
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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
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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