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?

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A study has shown that the monthly amount of money spent by university students
on their credit card, is normally distributed with a mean (u) of £255 and a standard
A4.
deviation (o) of £17.
State the median of this distribution, and then interpret this in relation to the
given question.
(a)
What is the probability that a randomly selected university student will spend
more than £279 in a month on his/her credit card?
(b)
Transcribed Image Text:A study has shown that the monthly amount of money spent by university students on their credit card, is normally distributed with a mean (u) of £255 and a standard A4. deviation (o) of £17. State the median of this distribution, and then interpret this in relation to the given question. (a) What is the probability that a randomly selected university student will spend more than £279 in a month on his/her credit card? (b)
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