credit card on is norm.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
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The Visa credit card company has determined that the amount its customers spend per
transaction is normally distributed with an average of R5800 per month and a standard
deviation of R900. What proportion of customers spend less than R4750 per month
(rounded off to three decimals)?
O A. 0.879
B. 0.121
OC. 0.916
D. 1.166
Transcribed Image Text:The Visa credit card company has determined that the amount its customers spend per transaction is normally distributed with an average of R5800 per month and a standard deviation of R900. What proportion of customers spend less than R4750 per month (rounded off to three decimals)? O A. 0.879 B. 0.121 OC. 0.916 D. 1.166
In a large metropolitan area, past records revealed that 30 percent of all the high school
graduates go to college. From 10 graduates selected at random, what is the probability that:
No more than 3 will go to college (rounded off to three decimals)?
A. 0.267
B. 0.382
C. 0.649
D. 0.121
E. None of the preceding
Transcribed Image Text:In a large metropolitan area, past records revealed that 30 percent of all the high school graduates go to college. From 10 graduates selected at random, what is the probability that: No more than 3 will go to college (rounded off to three decimals)? A. 0.267 B. 0.382 C. 0.649 D. 0.121 E. None of the preceding
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