Applications Problems According to a Sallie Mae survey and credit bureau data, in 2008, college students carried an average of $3173 debt on their credit cards (USA TODAY, April 13, 2009). Suppose that cur- rent credit card debts for all college students have a normal distribution with a mean of $3173 and a standard deviation of $800. Find the probability that credit card debt for a randomly se- lected college student is between $2109 and $3605.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Applications Problems
According to a Sallie Mae survey and credit bureau data, in 2008, college students carried an
average of $3173 debt on their credit cards (USA TODAY, April 13, 2009). Suppose that cur-
rent credit card debts for all college students have a normal distribution with a mean of $3173
and a standard deviation of $800. Find the probability that credit card debt for a randomly se-
lected college student is between $2109 and $3605.
Transcribed Image Text:PLS. Solve Quickly Applications Problems According to a Sallie Mae survey and credit bureau data, in 2008, college students carried an average of $3173 debt on their credit cards (USA TODAY, April 13, 2009). Suppose that cur- rent credit card debts for all college students have a normal distribution with a mean of $3173 and a standard deviation of $800. Find the probability that credit card debt for a randomly se- lected college student is between $2109 and $3605.
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