A study has shown that the monthly amount of money spent by university studentson their credit card, is normally distributed with a mean (u) of £255 and a standardA4.deviation (o) of £17.State the median of this distribution, and then interpret this in relation to thegiven question.(a)What is the probability that a randomly selected university student will spendmore than £279 in a month on his/her credit card?(b)

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Description: A study has shown that the monthly amount of money spent by university studentson their credit card, is normally distributed with a mean (u) of £255 and a standardA4.deviation (o) of £17.State the median of this distribution, and then interpret this

Given Data Population Mean,μ = 255.0 Population Standard Deviation,σ = 17.0

Math

Statistics

he monthly amount of money spent by universit rmally distributed with a mean (u) of £255 and of this distribution, and then interpret this in rela ubility that a randomly selected university studen na month on his/her credit card?

he monthly amount of money spent by universit rmally distributed with a mean (u) of £255 and of this distribution, and then interpret this in rela ubility that a randomly selected university studen na month on his/her credit card?

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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