(See Solution) A large population of overdue bills has balances that follow a normal curve. When we take a sample of 100 of these the average is $500 and
Question: A large population of overdue bills has balances that follow a normal curve. When we take a sample of 100 of these the average is $500 and the $S D$ is $100.
- What statement can you make about the range $300 to $700?
- What statement can you make about the range $180 to $520 ?
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