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
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
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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