In a large sample of customer accounts, a utility company determined that the average number of days between when a bill was sent out and when the payment was made is  26 with a standard deviation of 7 days. Assume the data to be approximately bell-shaped.

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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Pay your bills: In a large sample of customer accounts, a utility company determined that the average number of days between when a bill was sent out and when the payment was made is  26 with a standard deviation of 7 days. Assume the data to be approximately bell-shaped.

Part 2 of 3
 
 
 
 
 
 
Part 2 of 3
(b) Estimate the percentage of customer accounts for which the number of days is between 19 and 33.
(Choose one)
of the customer accounts have payment made between 19 and 33 days.
Transcribed Image Text:Part 2 of 3 (b) Estimate the percentage of customer accounts for which the number of days is between 19 and 33. (Choose one) of the customer accounts have payment made between 19 and 33 days.
Approximately 68%
Approximately 95%
Approximately 75%
Approximately 88.9%
Almost all
(Choose one)
Transcribed Image Text:Approximately 68% Approximately 95% Approximately 75% Approximately 88.9% Almost all (Choose one)
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