An article by Erin El Issa titled "2015 American household credit card debt study" (www.nerdwallet.com) indicated that for households that had credit card debt, the average debt in 2015 was $15,355. Assume that credit card debt per household has a normal distribution with a standard deviation of $3,000. (A) Determine the percentage of households that have a credit card debt of more than $15,000. Answer: The percentage is % (use 2 decimal places) (B) One household has a credit card debt that is at the 95th percentile. its credit card debt. Answer: The credit card debit is $ 2. s ե d

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An article by Erin El Issa titled "2015 American household credit card debt study" (www.nerdwallet.com) indicated that for
households that had credit card debt, the average debt in 2015 was $15,355. Assume that credit card debt per household has a
normal distribution with a standard deviation of $3,000.
(A) Determine the percentage of households that have a credit card debt of more than $15,000.
Answer: The percentage is
% (use 2 decimal places)
(B) One household has a credit card debt that is at the 95th percentile. Determine its credit card debt.
Answer: The credit card debit is $
Espacio en Blanco 1:
Espacio en Blanco 2:
Ku
Transcribed Image Text:An article by Erin El Issa titled "2015 American household credit card debt study" (www.nerdwallet.com) indicated that for households that had credit card debt, the average debt in 2015 was $15,355. Assume that credit card debt per household has a normal distribution with a standard deviation of $3,000. (A) Determine the percentage of households that have a credit card debt of more than $15,000. Answer: The percentage is % (use 2 decimal places) (B) One household has a credit card debt that is at the 95th percentile. Determine its credit card debt. Answer: The credit card debit is $ Espacio en Blanco 1: Espacio en Blanco 2: Ku
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