A credit card company monitors cardholder transaction habits to detect any unusual activity. Suppose that the dollar value of unusuaactivity for a customer in a month follows a normal distribution with mean $250 and variance $2 385.Round your intermediate calculations and final answers to four decimal places (e.g. 98.7654).(a) What is the probability of $250 to $ 303 in unusual activity in a month?P = i(b) What is the probability of more than $ 303 in unusual activity in a month?P = i(c) Suppose that 10 customer accounts independently follow the same normal distribution. What is the probability that at least one othese customers exceeds $ 303 in unusual activity in a month?P =i

The formula for z score is, Z=X-μσ Here, μ is the mean and σ is the standard deviation The…

A credit card company monitors cardholder transaction hab activity for a customer in a month follows a normal distribut Round your intermediate calculations and final answers to f a) What is the probability of $250 to $ 303 in unusual activ P = i b) What is the probability of more than $ 303 in unusual act

A credit card company monitors cardholder transaction hab activity for a customer in a month follows a normal distribut Round your intermediate calculations and final answers to f a) What is the probability of $250 to $ 303 in unusual activ P = i b) What is the probability of more than $ 303 in unusual act

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.4: Distributions Of Data

Problem 19PFA

See similar textbooks