Suppose that the outstanding credit card balance of a randomly selected young man has a normal distribution with a mean of 610 dollars and a standard deviation of 118.6 dollars. Let X be the outstanding credit card balance for a randomly selected young man and let X be the average outstanding credit card balance for a random sample of size 33. 1. Describe the probability distribution of X and state its parameters and o: X~ Select an answer (= and find the probability that the outstanding credit card balance for a randomly selected young man is less than 781 dollars. σ= (Round the answer to 4 decimal places) 2. Use the Central Limit Theorem Select an answer to describe the probability distribution of X and state its parameters and ox: (Round the answers to 1 decimal place) X~ Select an answer (x= and find the probability that the average outstanding credit card balance for a sample of 33 randomly selected young men is less than 660 dollars. ox= (Round the answer to 4 decimal places)

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